How big of a deal is a negative on eBay?

Zoins · November 21, 2006 9:27AM

It looks like I'm in a dispute with someone that may not get resolved. How big of a deal is it to issue/receive negative feedback? For a seller to get a negative? For a buyer?

TwoSides2aCoin · November 21, 2006 9:28AM

It depends. Got pics ?

lkenefic · November 21, 2006 9:33AM

Twosides is right... it depends. There are some folks that wear their retaliatory negs with a badge of honor. It depends upon the circumstances under which the neagtive was issued. Some buyers try to re-negotiate the deal after the auction has closed and [ab]use the feedback system as leverage.

Zoins · November 21, 2006 9:33AM

I'm sure the item itself is in decent condition but I think a seller is using misleading descriptions to get people to overpay. This is for silver bullion rounds and the seller has BINs that say something like the following to justify the BIN:

"COIN HAS A RARITY VALUE OF $X-$Y OVER SPOT SILVER."

Apparently "Rarity Value" is not published and only known to dealers of such things. Thus it's completely unverifiable. In several cases, this has turned out to be a lot higher than actual market value when similar things sell in a regular auction. So even if you use "Best Offer" and think you got a deal, you still turn out to be dramatically overpaying.

This smells like a scam to me.

roadrunner · November 21, 2006 9:35AM

I've got a couple as a buyer (for calling sellers on overgraded crap) and it makes no difference in my being able to buy anything. Now for a seller, having under a 99% (and esp 98%) FB rating is sort of a red flag.

I would not let it deter you. If you're right and the situation cannot be resolved by the other party, then neg away. It will only help the next guys and gals who run into the same ebayer.

roadrunner

Rampage · November 21, 2006 9:35AM

The previous posters are correct. Every situation is different. Give us more details and we can help you more. However, I see nothing wrong with someone who, as a seller or buyer, has a negative feedback percent as one-half of one percent. I am even okay with one whole percent most of the time.

grip · November 21, 2006 9:36AM

Dependes on what the Neg is for ,and how many Pos feedbacks you have.Got a link?

Al

ziggy29 · November 21, 2006 9:36AM

Usually one negative amidst a very high rating is not a problem.

To me, sometimes it's even a POSITIVE when it looks like a good eBayer willingly stuck their neck out to take a sure retaliatory hit from a shady character.

Rampage · November 21, 2006 9:37AM

<< I'm sure the item is fine but I think a seller is using misleading descriptions to get people to overpay. This is for silver bullion rounds and the seller has BINs that say something like the following to justify the BIN:

"COIN HAS A RARITY VALUE OF $X-$Y OVER SPOT SILVER."

Apparently "Rarity Value" is not published and only known to dealers of such things. Thus it's completely unverifiable. In several cases, this has turned out to be a lot higher than actual market value when similar things sell in a regular auction. So even if you use "Best Offer" and think you got a deal, you still turn out to be overpaying.

This smells like a scam to me. >>

If it smells like a scam to you, then you should not have bid on the item. As for rarity value, how much are we talking about here? You are still not giving the whole picture.

TwoSides2aCoin · November 21, 2006 9:43AM

Zoins, in the case you just quoted... because it seems like a scam doesn't make it so. Over priced, over hyped... these tactics may leave a bitter taste in an educated guy's mouth, but policing by using negative feedback , which is what this sounds like, might not be a wise thing to do.

Am I reading this right ? You paid more than you should have ? It's okay... learn from it, but don't neg the guy if he doesn't want to refund you based on this premise.

Zoins · November 21, 2006 9:44AM

<< If it smells like a scam to you, then you should not have bid on the item. As for rarity value, how much are we talking about here? You are still not giving the whole picture. >>

Yeah well, it's too late to not bid. I'm a slow learner here b/c there's very little information on some of these rounds. Basically there's a 5 round set and this guy was selling each one for $37 saying it has a rarity value of $22-28 over spot. I bought two at $30 a piece but now I need to get the other 3. Now I find out that the entire set is available for $95 or less, which means the premium should only be $7 over spot. The seller has a lot of good feedback but I think that's because most people don't care about occasionally overpaying.

Overall it's not a lot of money and he's even offered me the entire set for $125. $30 difference really isn't a big deal to me but the fact that he won't let me cancel my order (he hasn't even shipped the items yet) bugs me. I also think the entire Rarity Value thing is a scam. He's the only one that I've seen use it. This is also the guy that didn't list a return policy.

I really dislike how he uses "Rarity Value" on a lot of auctions because I think it's bogus and if I neg him, it will be to talk about how that's a scam. Why might not it be wise? I think it would be useful to shed some light on that technique.

TWQG · November 21, 2006 9:48AM

<< So even if you use "Best Offer" and think you got a deal, you still turn out to be dramatically overpaying. >>

-You only have yourself to blame for overpaying. You want to neg the seller for buyer's remorse?

Links???

Zoins · November 21, 2006 9:49AM

<< You want to neg the seller for buyer's remorse? >>

No. From a strictly money perspective, I would just pay him $30 extra for the set. I want to neg him for using a bogus Rarity Value.

TwoSides2aCoin · November 21, 2006 9:51AM

<< You want to neg the seller for buyer's remorse?
Links??? >>

I don't think he's saying that Sean.....close, but not quite

I think Zoins just needed to vent and is seeing the light

Remember Zoins, BUY THE COIN, not the embellishment. The descriptions often times WOO us. We have to think , but it is not BOGUS referring to precious metal as having rarity value. But also ZOINS, keep in mind, it's BULLION. SPOT PRICE plus thirty percent MAX. TWENTY BUCKS each is too much if you ask me. The only bullion worth buying in my opinion is PLATINUM directly from the mint. I'd just drop the thoughts of using negative feedback in this instance and let the buyer know that you have wised up and warned others. Why not invite him here so that he can present his side ?

Joe

Zoins · November 21, 2006 9:52AM

Does everyone here think it's okay to use unverifiable "Rarity Value" to hype product?

TWQG · November 21, 2006 9:52AM

<< I want to neg him for using a bogus Rarity Value. >>

-So you dropped your laptop and the cat stepped on it twice thus placing and confirming your bid?

I've heard of that happening.

Zoins · November 21, 2006 9:53AM

No, it's more that I don't like unethical sellers. Especially ones that don't back down.

roadrunner · November 21, 2006 10:01AM

check out his neg and neutral FB on www.toolhaus.org - this tells the real story. If he's done this to others and they complained, it will be here. Usually, a sheister's total number of negs and neuts will be several times his neg total. That's because upset customers don't wish to receive a retaliatory neg.

roadrunner

1921obsession · November 21, 2006 10:05AM

<< Does everyone here think it's okay to use unverifiable "Rarity Value" to hype product? >>

No, I don't think it's OK at all. What you're doing is retaliatory feedback for buyer's remorse caused by your own unwillingness to do due diligence before making your purchase. That's not OK either. Your Negative will definitely be deserved; his, questionable.

Zoins · November 21, 2006 10:05AM

<< check out his neg and neutral FB on www.toolhaus.org - this tells the real story. >>

Interesting, the one time he's offered to take product back, he didn't issue a refund.

Rampage · November 21, 2006 10:14AM

Post a link to the auction and let's see the entire story, not just a one-sided story, please.

Rampage · November 21, 2006 10:16AM

No, based on the stuff you have told us, I do not think you should neg the seller. The reason is that you did not do your homework first. There have been plenty of times I have bid on an item and regretted it later. But, I have always gone through with the deal and never negged the seller because of it.

Zoins · November 21, 2006 10:19AM

I primarily want to warn people not to trust his Rarity Value that he uses on like every auction. I don't know why you need to see the auction to determine whether a baseless number is valid marketing or not. It seems like no one disapproves of using baseless numbers? Is that not a concern at all? Do sellers here use that technique?

Actually, it sort of fits with the approval I've seen regarding First Strike....

Rampage · November 21, 2006 10:23AM

You are warning people not to use his rarity value, but how can we know who it is not to trust unless you tell us who it is? Is there something else you do not want us to see?

Zoins · November 21, 2006 10:26AM

<< You are warning people not to use his rarity value, but how can we know who it is not to trust unless you tell us who it is? Is there something else you do not want us to see? >>

Yeah, I've been buying a bunch of crap lately. I've gotten good feedback but I still don't want people seeing exactly what crap I've been buying

Rampage · November 21, 2006 10:31AM

Well then, this is just a worthless cause. You want to warn us against an eBay seller who you feel is unethical, but you do not want to tell us who it is. Why not post a link to a similar auction that the seller has that you did not bid on?

BobaFett72 · November 21, 2006 10:33AM

seems like sour grapes on your part. and no auction link? we are only seeing your side of the story.

Rampage · November 21, 2006 10:36AM

PS--we do not care what you bid on. We are only interested in seeing the unethical seller you are referring to.

bestday · November 21, 2006 10:40AM

<< No, it's more that I don't like unethical sellers. Especially ones that don't back down. >>

Just admit it ..you got screwed because you didn't have enough, right info..I have seen many newbies bid way too much for the 2006 Anniv AGEs , sometimes bidding way past a BIN on the next listing.
Like others have said .....don't fall for the B.S. in the auction listing . This is just a dollar loss learning experience. The only negative is... if you don't learn from this experience

majorbigtime · November 21, 2006 10:56AM

<< I've got a couple as a buyer (for calling sellers on overgraded crap) and it makes no difference in my being able to buy anything. Now for a seller, having under a 99% (and esp 98%) FB rating is sort of a red flag.

>>

I agree.

As a buyer, it doesn't mean diddly squat. I give NEGS whenever warranted, without fear of retalitation.

TWQG · November 21, 2006 11:02AM

<< PS--we do not care what you bid on. We are only interested in seeing the unethical seller you are referring to. >>

-Actually I 'd like to block the bidder.

Zoins · November 21, 2006 11:05AM

<< Actually I 'd like to block the bidder. >>

If you used the same kind of tactics, I'd avoid your auctions anyway.

Zoins · November 21, 2006 11:07AM

<< 

<< No, it's more that I don't like unethical sellers. Especially ones that don't back down. >>

Just admit it ..you got screwed because you didn't have enough, right info..I have seen many newbies bid way too much for the 2006 Anniv AGEs , sometimes bidding way past a BIN on the next listing.
Like others have said .....don't fall for the B.S. in the auction listing . This is just a dollar loss learning experience. The only negative is... if you don't learn from this experience >>

I admit it but that doesn't mean the description isn't misleading. My primary goal would be warn other newbies. I don't think anyone here would get taken by this.

777 · November 21, 2006 11:22AM

You must POST the link so we can make the final determination. This forum is wonderful for that...

Zoins · November 21, 2006 11:31AM

<< You must POST the link so we can make the final determination. This forum is wonderful for that...

>>

TWQG's post indicated why this is a bad idea. End of story.

I'll figure something out.

Thanks for all the responses, even you TWQG

StampAlarm · November 21, 2006 12:10PM

I made mistakes on eBay before and I sure didn't neg the seller. I got smart. Or is that not as dumb.

Jerry

ziggy29 · November 21, 2006 12:12PM

<< I admit it but that doesn't mean the description isn't misleading. My primary goal would be warn other newbies. I don't think anyone here would get taken by this. >>

If this auction was so deceptive, why wouldn't you want to show us what it is and validate your position? Why wouldn't you want us to know what a scumbag the seller was if it was as bad as you claim?

ziggy29 · November 21, 2006 12:18PM

I think I found the seller.

In this auction is the phrase:

Bar has a rarity value of $35 over silver spot

lkenefic · November 21, 2006 2:28PM

<< Does everyone here think it's okay to use unverifiable "Rarity Value" to hype product? >>

No, probably not...but it's no more unethical than using "Monster Toning" or key word spamming. Unfortunately, I think it comes with the territory. If you're going to troll on eBay for coins, your "BS" radar needs to be in overdrive!!

Dog97 · November 21, 2006 3:05PM

<<< << You want to neg the seller for buyer's remorse? >>

No. From a strictly money perspective, I would just pay him $30 extra for the set. I want to neg him for using a bogus Rarity Value.>>>

Until you can show me us a legitimate Rarity Value to refute your seller’s allegedly bogus Rarity Value I can’t say to neg him just because you found a complete set cheaper somewhere else.
I honestly didn’t know silver bullion rounds had any rarity value.

TavernTreasures · November 21, 2006 5:12PM

You bid and bought the item, without checking other sellers of this item. Nobody forced you to bid. Return the item if it is not as described. But it sounds like the item is as described, except, maybe for the hype. You are out of line to give this seller a neg.

KurtHorn · November 21, 2006 6:22PM

As a buyer it means little if anything, if you catch a neg as a seller it's very bad IMO.

Rampage · November 21, 2006 9:10PM

Based on the link that was posted, I think the seller may be using the price guide for those artsy silver 1 ounce bars. I do not recall the name of the book, but there is such a book that lists values for these. That may be what he is talking about. So, do I think the seller was deceptive? Not really (but only if he was referring to that price guide thing).

TwoSides2aCoin · November 21, 2006 9:29PM

Zoins, most of us feel for ya, too

It sucks to be won over by hype without substance.
I once fell for the line "STRONGLY DOUBLED VARIETY" and thought I sniped an MS66 Red 1972 DDO cent, too. (Well, I did, but.....)
I paid no mind to the PCGS coin number in the ebay auction...I didn't check this website, I thought I was a smarty pants, and it was a long drawn out ordeal with the seller. He sold me coin #2950 after the fact (at market price), and I got beat bad on coin #2953 but, I just forgot about feedback. This seller had coins worth tens of thousands of dollars and I learned my ebay lesson. He didn't deserve a neg, he deserved what I call an "east of the mississippi hype artist of the year" award.

But, I finally got that red cent

... and it's gone up $450. in the price guide since that time.

Like I said, it sucks and we would like to save the world, but people have to learn to buy the item , and not all the BS typed up to sell it.

Zoins · November 23, 2006 7:55AM

Since there seemed to be a lot of interest in this I figure I'll close this thread with my decision.

I'm NOT going to neg the seller and I WILL pay for the items. I'm going to write it off as a loss. A lesson to be sure but thankfully not an overly expensive one.

Just for the curious, the book on art bars does not cover this and neither does any other book. The seller also claimed to not know the mintage but some digging showed it to be fairly high. I think the value is completely subjective and high, especially compared with later realized auction prices I've found.

Lesson learned. My thanks to everyone who posted.

roadrunner · November 23, 2006 12:42PM

you could still leave him positive feedback (or neutral) and state that you paid for the hype, not the coin. A few times I have worded positive FB in such a way as to note that I was not 100% satisfied with the transaction (ie the seller could have and should have done much better).

As a buyer, it doesn't mean diddly squat. I give NEGS whenever warranted, without fear of retalitation

I actually welcome the retaliation as it gives me another 80 characters to rebutt the seller's reply.

roadrunner

GoldenEyeNumismatics · November 23, 2006 1:07PM

depends how many positive you have. If you already have over 100 positive it isn't too big a deal. I have 1 neg with 264 positive

thebeav · November 23, 2006 1:23PM

Zoins,
I have to commend you. You got yourself into a little bit of a thing, came here for help, which got a little involved, perhaps
confusing. You took some hammering in this thread and not once lost your cool.
You're a gentleman sir. I sincerely mean that.

newport · November 23, 2006 1:29PM

I see some guys with lots of negatives and yet they just keep on selling every single day with plenty of bidders.,....

grip · November 24, 2006 12:49AM

Depends what the negs are for,some are petty,others are heavy.

Al

coinguy1 · November 24, 2006 12:56AM

I contacted the seller and asked him about his stated "rarity values over spot" in his listings. I received this prompt, polite and informative reply (corrected for spelling):

"Hi,

Most silver art bar collectors refer to the 1991 silver art Bar guide by J. Archie, Kidd. bar listed in his guide have a rarity value and it equates to the current silver Spot price.

Eg.. Silver closed at $13.03 on wednesday night, If I refer to the rarity value as $35 this in turn means the current best estimated value of the bar is $46.03. Please noted this ref guide was published in 1991 and many of these very rare and scare bars may well be worth a lot more, depending on collectibility.

Hope this helps answer your question.

regards and best wishes. Mark"

How big of a deal is a negative on eBay?

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