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I'm mad and I'm not going to Take it anymore!!!

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    The problem as I see it is one of intent. This guy is doing this intentionally and with full knowledge that he is ripping people off. I must admit that I get a sort of cheap thrill out of buying raw coins off Ebay that I think have a chance at slabbing- I am often wrong, but get a real kick when I am right. It is sort of like going to the local casino with a few dollars, knowing you are in all likelihood going to lose, but having a good time in the process.
    That being said, I would not then take my "mistakes" that bodybag, knowing full well what the problems with the coins are, and try to fob them off to the unsuspecting or uneducated with the attitude that "they should have known better". I have a 7070 half full of bodybagged coins that I still really enjoy, because I liked the coins in the first place and am willing to accept my mistakes as part of the learning process, and even enjoy them as part of my collection.

    Are his actions legal- maybe. Are they ethical- absolutely not.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>Ethics and Business don't mix very well.
    I have been screwed many times buying coins on Ebay and I chalk each of them up to experience. I don't expect sellers to "Hold my Hand" when it is my free will to buy a coin that is "Objectively" described and pictured. I don't see anything wrong with not including his "Subjective Opinion" in the auction.



    << <i>On the same vein as the Home Repair Scammers that fix a leaky roof with corregated cardboard! I'm sure his customer will be satisfied right up to the point where they try to get their "key date" graded and it ends up in a bag! >>



    Bad analogy.
    1. I don't have to be a home repair man to see a scratch on my coin.
    2. The person who buys this coin and sends the coin in to be slabbed, should expect it to be bagged because there is a scratch on the coin pictured and described. >>



    OK, how about this one?

    On the same vein as the part time car dealer that markets a car with a bad engine that has been cleaned to look purty and filled with noise deadening lubricants?

    Its all the same. He is selling an item he knows to have flaws with the intent of making as much money as possible before the buyer figures out he/she was duped! Is this illegal? Only until he gets caught red handed which inevitably he will!

    Just as sure as the roofer is taking advantage on unwary home owner, or the car salesman is taking advantage of an unwary buyer, this sleeze bag is taking advantage of an unwary coin buyer!

    It may be legal but it don't make it right!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    Is throwing sawdust into a slipping transmission before you sell the car ok? This MFer is ruining the hobby by selling KNOWN PROBLEM BB'd coins as ORIGINAL. Look at the 2x2 flip. Does it say "previously BB'd submission"? No, it says "ORIGINAL".
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭
    < < I cannot post the links but here are 2 auctions, 1 as a buyer of a replica 1921-D walker he cracked out and sold as genuine. The business model is not always as dignified as the current auction under discussion as this threads original topic coin. Those of you may not understand the severity of scam this seller goes to in order to deceive, I hope this will help get the point across. He was chased from ebay under Kingo and had to start affresh as SeatedLib..........

    bought the replica: item #3301 4726 9044 (1921-D Walker) Ending Date: Jul-21-07 20:39:44 PDT Winning Bid: $9.95
    sold as genuine: item # 1901 3020 5111 (1921-D Walker) Ending Date: Jul-11-07 18:00:00 PDT Winning Bid: $1,051.00

    hope this clarifies the type of person we are talking about, and if anybody can stand up and defend this behaviour, I will then put you in the same boat
    > >

    Man I hate these threads that get ma blood boiling!

    After looking at the above, I guess I am a little confused now since the timeline just doesn' add up. How could he buy a replica 10 days before he sold it as original?

    Better yet, what do these two auctions have to do with the original post for the crack out job? (Which I still think is sleazy...)
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    TavernTreasuresTavernTreasures Posts: 1,262 ✭✭✭
    I agree that the seller lacks ethcs. But the coins are his. If he wants to crack out problem coins and sell them raw, that is his business. Caveat emptor.
    Advanced collector of BREWERIANA. Early beer advertising (beer cans, tap knobs, foam scrapers, trays, tin signs, lithos, paper, etc)....My first love...U.S. COINS!
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    ArizonaJackArizonaJack Posts: 4,029 ✭✭✭


    << <i>< < I cannot post the links but here are 2 auctions, 1 as a buyer of a replica 1921-D walker he cracked out and sold as genuine. The business model is not always as dignified as the current auction under discussion as this threads original topic coin. Those of you may not understand the severity of scam this seller goes to in order to deceive, I hope this will help get the point across. He was chased from ebay under Kingo and had to start affresh as SeatedLib..........

    bought the replica: item #3301 4726 9044 (1921-D Walker) Ending Date: Jul-21-07 20:39:44 PDT Winning Bid: $9.95
    sold as genuine: item # 1901 3020 5111 (1921-D Walker) Ending Date: Jul-11-07 18:00:00 PDT Winning Bid: $1,051.00

    hope this clarifies the type of person we are talking about, and if anybody can stand up and defend this behaviour, I will then put you in the same boat
    > >

    Man I hate these threads that get ma blood boiling!

    After looking at the above, I guess I am a little confused now since the timeline just doesn' add up. How could he buy a replica 10 days before he sold it as original?

    Better yet, what do these two auctions have to do with the original post for the crack out job? (Which I still think is sleazy...) >>




    I guess I am taking this personal too much, I knew the buyer of the fake 21-D. He had to threaten to go to the NY atty general to get his refund, and was a younger kid with money to invest. Got totally ripped off on an expensive coin that was a known fake sold as genuine. I'm pretty passionate about it, and should chill.

    It's just that the seller changed his ebay id, took feedback private to hide these transactions, then switched ebay id's again, and is back doing it all over again, just slightly more legal? How many people are going to buy more coins and enjoy the hobby when they get f'ed like this? To hear others say it's no big deal freaks me out. Consider the source then of those comments? The folks here are good people I know, but I would never do business with anyone who can actually condone this, makes you wonder what they do, you know? It takes al kinds.

    With that, I'm done on this seller. I hope those that stand up for him get cheated for everything they have. They deserve it 100% and then some. Same type of people I guess.
    " YOU SUCK " Awarded 5/18/08
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    itsnotjustmeitsnotjustme Posts: 8,788 ✭✭✭


    << <i>Cracking out problems with intent to defraud is against all rules anywhere anytime anyplace. >>

    I do not like or approve of what this seller is doing. However, can prove intent to defraud when the scratch is noted as "not much of a problem" (This is much different than not a problem), and there are clear pictures, showing the scratch much better than even the Heritage photos?

    Again, I don't defend the seller, only say you should be accurate in claims against him/her.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>

    << <i>< < I cannot post the links but here are 2 auctions, 1 as a buyer of a replica 1921-D walker he cracked out and sold as genuine. The business model is not always as dignified as the current auction under discussion as this threads original topic coin. Those of you may not understand the severity of scam this seller goes to in order to deceive, I hope this will help get the point across. He was chased from ebay under Kingo and had to start affresh as SeatedLib..........

    bought the replica: item #3301 4726 9044 (1921-D Walker) Ending Date: Jul-21-07 20:39:44 PDT Winning Bid: $9.95
    sold as genuine: item # 1901 3020 5111 (1921-D Walker) Ending Date: Jul-11-07 18:00:00 PDT Winning Bid: $1,051.00

    hope this clarifies the type of person we are talking about, and if anybody can stand up and defend this behaviour, I will then put you in the same boat
    > >

    Man I hate these threads that get ma blood boiling!

    After looking at the above, I guess I am a little confused now since the timeline just doesn' add up. How could he buy a replica 10 days before he sold it as original?

    Better yet, what do these two auctions have to do with the original post for the crack out job? (Which I still think is sleazy...) >>




    I guess I am taking this personal too much, I knew the buyer of the fake 21-D. He had to threaten to go to the NY atty general to get his refund, and was a younger kid with money to invest. Got totally ripped off on an expensive coin that was a known fake sold as genuine. I'm pretty passionate about it, and should chill.

    It's just that the seller changed his ebay id, took feedback private to hide these transactions, then switched ebay id's again, and is back doing it all over again, just slightly more legal? How many people are going to buy more coins and enjoy the hobby when they get f'ed like this? To hear others say it's no big deal freaks me out. Consider the source then of those comments? The folks here are good people I know, but I would never do business with anyone who can actually condone this, makes you wonder what they do, you know? It takes al kinds.

    With that, I'm done on this seller. I hope those that stand up for him get cheated for everything they have. They deserve it 100% and then some. Same type of people I guess. >>



    Look at the auctions again!

    "bought the replica: item #330147269044 (1921-D Walker) Ending Date: Jul-21-07 20:39:44 PDT Winning Bid: $9.95"

    "sold as genuine: item # 190130205111 (1921-D Walker) Ending Date: Jul-11-07 18:00:00 PDT Winning Bid: $1,051.00"


    Regardless of what you feel or think has occured with the two auctions you posted, they have no relevence to this thread other than booksandstampsmore bought a replica coin. Its impossible to buy an item for $9.95 on July 21st and then sell that item on July 11th for $1,051.00!

    booksandstampsmore may have sold a fake 1921-D on July 11th but it was definitely not the one that he purchased on July 21st as you stated! (here are 2 auctions, 1 as a buyer of a replica 1921-D walker he cracked out and sold as genuine.)

    And I am in no way defending booksandstampsmore for cracking out a scratched F12 coin and then hawking it as a VF+ raw coin as stated in this post. I still think this is sleazy.

    What I am saying is that the two auctions you posted have no relevence to this thread.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    Wow, you are correct on the timeline, I stand corrected. The buyer told me this and I never bothered to check the dates, my sincere apologies are in order. I do know the coin sold was a fake , the refund was forced, but again, I apologise for my indignance ( sic).
    " YOU SUCK " Awarded 5/18/08
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    MeijiMeiji Posts: 170 ✭✭


    << <i>OK, how about this one?
    On the same vein as the part time car dealer that markets a car with a bad engine that has been cleaned to look purty and filled with noise deadening lubricants?
    Its all the same. >>



    I think there is some confusion here, unless I'm not seeing it.
    1) If he cleaned up or doctored the coin to hide the scratch, then your analogy works. Your analogy relies on someone hiding a problem with the intent to fool the buyer. He is not hiding a problem with the coin, he is hiding the history of it.



    << <i>
    He is selling an item he knows to have flaws with the intent of making as much money as possible before the buyer figures out he/she was duped! Is this illegal? Only until he gets caught red handed which inevitably he will! >>



    2) Yes he is selling a coin he knows to have flaws, but he clearly states those flaws and show clear pictures.
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    BarberianBarberian Posts: 4,643 ✭✭✭✭✭
    What is happening here (dealer misrepresenting a problem coin, deliberately overstating the grade) is what most coin dealers do in this business. It sucks! And I'm not surprised that there are many here that defend this type of selling. Most coin dealers make a living preying on the ignorant, shafting them out of their money. They can dismiss it from their conscience by saying that it was the buyer who made the mistake (even though the dealer knew the deal wasn't fair). Just watch out that you don't break any rules on fraud as a seller, and just blame the buyer! Prey on the buyer putting faith in you the dealer to provide a fair deal.

    I was one of those dumb buyers awhile ago. I purchased an expensive coin (with a very high starting bid) that was billed as "beautiful, original, 'XF-48' coin, but you be the judge, see our photos" from a dealer with no return policy. I looked at the photos and determined the coin to be about VF30 and bid accordingly. The coin was shipped registered mail (VERY SLOW) after the dealer had held onto it for 5 days. It took 19 days to reach my post office, then I picked it up 6 days after it had arrived (25 days after payment received). When I received the coin, the coin was severely pitted and polished. The photos (which the dealer wrote were the best on ebay - actually they were your average ebay photos) did not reveal these problems at all. In fact, it was clear to see when comparing the photo with the coin in hand that an effort had been made to hide the pitting and polishing while accentuating the coins dark tone. The coin was worth half of what I had paid for it (half of the original bid price). I contacted the dealer to complain and ask for a refund. The dealer just screamed at me for taking so long to contact him and refused a refund. He did offer $100 back if I gave him positive feedback, but I turned it down on principle (this is feedback extortion) and to have the opportunity to neg the dealer.

    The dealer, some scumbag lawyer (wjs0460), misrepresented the coin in: (1) failing to point out the severe pitting and polishing, (2) calling the coin XF-48 and exaggerating the grade 15 points, (3) setting an opening bid price well above its actual value as a problem coin, and (4) providing deliberately misleading photos of the coin which hid the problem surfaces. The dealer further lied in his retaliatory feedback by claiming I complained "a month after receiving the coin" when I had only had the coin for 5 days due to his holding the coin and shipping it registered mail.

    As far as I knew at the time, I had no recourse to correct what I felt was a crooked deal.

    I made the mistake of bidding on an expensive raw coin on Ebay from a dealer without a return policy. I learned an expensive lesson (I hope). I should have read his feedback more carefully and seen the complaints from others. However, these kind of deals are typical of the sleazy deals many dealers make on Ebay and in the coin business in general. I don't know how many times B&M and show dealers try to hawk whizzed or cleaned coins as uncirculated or original! You can defend SLKD and his ilk all you want, but it is this kind of crap that just discourages or prevents people from respecting dealers and pursuing the hobby.
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    CoxeCoxe Posts: 11,139
    It's a raw coin. People should consider that when and if they bid it. I didn't have to look at the auctions as they are pretty much irrelevant. How many other eBay raw coins were holdered at unsatisfactory grades or with noted problems? Plenty, I am sure. And how much disclosure is necessary. Suppose someone cracks out an AU58 and submits to get MS63. The TPG's assessment is MS63 and history be damned. This happens and no seller is going to tell you it used to be AU58.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>It's a raw coin. People should consider that when and if they bid it. I didn't have to look at the auctions as they are pretty much irrelevant. How many other eBay raw coins were holdered at unsatisfactory grades or with noted problems? Plenty, I am sure. And how much disclosure is necessary. Suppose someone cracks out an AU58 and submits to get MS63. The TPG's assessment is MS63 and history be damned. This happens and no seller is going to tell you it used to be AU58. >>



    You are absolutely right! (grumble--grumble) image

    But ain't it fun to catch em in the act??? image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    fcfc Posts: 12,805 ✭✭✭
    lol, he did a stacks!

    but they are a large firm and well he is just a little guy. see the
    difference?

    pfft. normal operating procedure for most every dealer. put a high
    price tag on overgraded crap. slabbed or not.
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    ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    crackout resubmissions are perfectly ok and acceptable , as they are deemed by professionals (3) in a non-interest situation
    crackout problem free coins that will regrade lower or higher are normal and acceptable, grading is subjective after all
    crackouts for the purpose of deception with problem net grades coins is unethical practice, but all too common I guess



    my humble opinion
    " YOU SUCK " Awarded 5/18/08
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    moonshinemoonshine Posts: 1,039 ✭✭
    no comment.
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    howardshowards Posts: 1,242 ✭✭✭
    Actually, this is against eBay's policies and I have successfully had other auctions pulled when this crackout scam occurs. eBay wants sellers to disclose what they know about a coin. This guy knows that the coin used to reside in an ANACS F12 Scratched holder, but he is not disclosing that.

    There was one seller a while ago who routinely bought coins on Heritage, cracked them, and listed them exactly 3 grades higher than the slab. He was forced by eBay to stop doing this (at least on eBay).

    I have reported this one in the same way I've reported others that have been yanked. We'll see...

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