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Remember Mike's Coins? Another eBay story... UPDATE

Back around Christmas I read in here that Mike's Coins (mikescoins1) was running an auction linky which was "1 Ike with Free Shipping! No catch!" Okay, I took the bait, figured why not... a buck for buck. I bought mine on Christmas Day and paid by PayPal. Guess what? Yep, no Ike for me... no word, no answer to email - nadda. Kinda forgot about it, but on Jan. 23 remembered again and filed a claim with PayPal for not receiving it - they quickly gave my dollar back. I left him a neutral feedback because I was feeling halfway charitable - it was only $1 and I did get a refund.

Tonight..... I got an email from eBay:

mikescoins1 has opened an Unpaid Item case for 1 Ike with Free Shipping! No catch!(#370127746157).

Please pay for the item or respond to the seller before Feb-03-2009. If you do not take any action, the seller can choose to give you an an Unpaid Item strike and your account may be suspended as a result.


Note: When you win an item or use the Buy It Now feature on a listing, you commit to pay for the item. Read more


1 Ike with Free Shipping! No catch!
Item #: 370127746157
End time: Friday, Dec 26, 2008 01:17:10 PST
Sale price: $1.00
Seller: mikescoins1
Case opened: Tuesday, Jan 27, 2009 17:56:00 PST
Case closed: Tuesday, Jan 27, 2009 17:56:00 PST

So now I "haven't paid for it" and a case against ME has been opened, and they're threatening me with an Unpaid Item Strike and possible suspension?!

This is so sad it's funny. Of course I replied to the case saying I did pay, to whom, how much, when, etc., that I hadn't received anything, filed a claim against HIM and got my money back on the 23rd - and asked him what kind of business he's running. (Monkey business.) All the PayPal geniuses have to do is read and look it up, it's easy enough to prove.

Soooo who says you can't have fun for $1 anymore? image

Posted in last post also, but mikescoins1 has been NARU'd. Wouldn't you say that's about time?
Have bought and sold on BST, many references available when asked.

Comments

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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭
    And here I thought this post was going to be about me. image

    Regardless, I'm sorry to hear of your troubles on eBay.

    Collector of Large Cents, US Type, and modern pocket change.
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    Mar327Mar327 Posts: 2,074 ✭✭


    << <i>It appears that you were way too charitable with your $1image
    Next neg him, what woul dbe the worst he could do......oops he did the worst that he could do without you neging himimage >>



    Exactly! I just left the feedback this morning.
    Have bought and sold on BST, many references available when asked.
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    I bought from that seller long ago without any issue, I just looked at his feedback and all I can say is WOW, should have been NARU'd months ago.

    NARU = Not A Registered User, for those not into the lingo.
    Life member of the SSDC
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    rbfrbf Posts: 452 ✭✭
    WOW... a combined total of over 100 negs/neutrals just in the past month alone?! This guy is horrible. Yet... at first glance, his DSR's are okay, and his feedback percentage appears "decent" at 97.9%. Just goes to show how screwed up and useless the current eBay scoring system is.
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    I imagine that is why they were selling the ikes for face, to build up they're feedback. Probably the only reason they haven't been NARU'd
    Its all relative
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    notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>I imagine that is why they were selling the ikes for face, to build up they're feedback. Probably the only reason they haven't been NARU'd >>



    If so, it backfired on him---100 negs in the past month can't be good. But perhaps he added a bunch of low cost items to build feedback and then couldn't keep up. --Jerry
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    koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭


    << <i>WOW... a combined total of over 100 negs/neutrals just in the past month alone?! This guy is horrible. Yet... at first glance, his DSR's are okay, and his feedback percentage appears "decent" at 97.9%. Just goes to show how screwed up and useless the current eBay scoring system is. >>



    I don't want to be overly sensitive but 97.9% positive feedback doesn't seem like good feedback to me-at least on ebay. I would be very hesitant to buy from a seller with those numbers.
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    1Mike11Mike1 Posts: 4,445 ✭✭✭✭✭


    << <i>And here I thought this post was going to be about me. image

    Regardless, I'm sorry to hear of your troubles on eBay. >>



    hehehe me too!

    Have you looked at the stuff the guy (assuming) has now? Wheat cent roll for $5! cost is $6. Something like 525 ikes for $800 with a microsoft rebate that is usually 25% but could be more or could be less? Makes me tired just to read about it.
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
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    Amazes me this Mike's coins guy is still in business on eBay especially with the same name and account still! This guy's been doing this for a long time.
    A lie told often enough becomes the truth. ~Vladimir Lenin
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    Walkerguy21DWalkerguy21D Posts: 12,116 ✭✭✭✭✭
    Anyone know if it's the same person who posts on the BST occasionally as mikesCoins, with the Mike Tyson avatar?
    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
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    BobSavBobSav Posts: 937 ✭✭✭
    I sent "mike" a dollar for an ike and got it no problem.
    Also bought a few mint sets with free shipping again no problems.

    Just thought you'd like to know

    Bob
    Past transactions with:
    Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
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    rld14rld14 Posts: 2,390 ✭✭✭
    So I'm not the only one!

    I also took the bait, I figured, $1 what the heck, right?

    Well I bought and instantly paid on December 24th, so that's 35 days to ship the item within New Jersey. I have sent him 2 e-mails, no response.

    No wonder he has atrocious feedback.
    Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car
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    lcoopielcoopie Posts: 8,875 ✭✭✭✭✭
    being the suspicious person I am
    I would not even send someone like that a dollar
    for 5 Ikes, with free shipping, and whatever.
    LCoopie = Les
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    lope208lope208 Posts: 1,960 ✭✭
    I've actually bought from them several times. I know the feedback is bad, but I bought a long time ago before it was bad and got on their email list. Since then, they've sent out all kinds of emails explaining their case to their customers and complaining about ebay. They've started to do more business, I believe, direct through their website.

    Often times their emails will say "1 Ike for 1 dollar" and you click and it's direct to paypal link (no ebay). I've only bought junk silver from them and the Ike deals and stuff like that. They do occasionally have some good deals and it's an easy way to buy $2 face silver at a time or something small.

    I have probably had about 4 or 5 transactions with them, never a problem.

    I believe they also do business on ebay now as "WalrusCoins".

    OOPS, just checked that ebay ID and it has been NARU'd...LINK
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
    -------------------------
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    lcoopielcoopie Posts: 8,875 ✭✭✭✭✭
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    Anyone know if it's the same person who posts on the BST occasionally as mikesCoins, with the Mike Tyson avatar?

    wondered the same thing. ttt for anyone including our mikescoins to respond.
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    lope208lope208 Posts: 1,960 ✭✭


    << <i>always check toolhaus.org first >>



    You know, I have no interest whatsoever in sticking up for this guy. I know the feedback speaks volumes.

    But the brutally honest truth is this guy sells a bunch of cheap junk usually. If you really think you're getting a "BU Morgan" you should know better. A LOT of his feedbacks are people who are angry about mixed lots of proof sets and stuff. Well, after seeing his emails and ads for these, he does provide a list of dates available but doesn't guarantee anything.

    That's why when I've ordered I've only purchased stuff I didn't care about the quality. (i.e. junk silver).

    Judging by some of their listings (single Merc Dimes, single random Barber Halves, etc), it's obvious they list junk like this individually to help increase their positive FB and offset the negs. I believe they sell so much stuff that they can't possibly handle keeping track of and delivering everything, and in their mind it's OK if they can keep their FB up.

    This is all theory though. And I won't roll the dice on them again!
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
    -------------------------
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    Why anyone at anytime would buy anything on Ebay from a seller with a rating below 99% is beyond comprehension.

    99% of these Ebay horror stories could be avoided if buyer just followed a simple rule.......Don't bid if rating below 99%.
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    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Why would anyone even consider doing business of any kind with someone who has 376 negative feedbacks?
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    Mar327Mar327 Posts: 2,074 ✭✭


    << <i>Why would anyone even consider doing business of any kind with someone who has 376 negative feedbacks? >>



    It was less in December...... and it was only $1. I take bigger risks buying the Power Ball twice a week! I know a kid who likes Ikes and was going to send it to him - no big deal but I thought it was funny that I filed a claim aganst him, got my refund, left feedback...... then he turned around and filed a claim of nonpayment against ME!

    Have bought and sold on BST, many references available when asked.
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    WalmannWalmann Posts: 2,806


    << <i>

    << <i>Why would anyone even consider doing business of any kind with someone who has 376 negative feedbacks? >>



    It was less in December...... and it was only $1. I take bigger risks buying the Power Ball twice a week! I know a kid who likes Ikes and was going to send it to him - no big deal but I thought it was funny that I filed a claim aganst him, got my refund, left feedback...... then he turned around and filed a claim of nonpayment against ME! >>



    Same exact circumstances and chain of events for me, I'm betting you will receive an email from Ebay stating you now have a non pay strike against you, they don't cross reference your payment via paypal. I ended up calling Ebay and they reversed the strike and the Ebay rep said the seller files these for reversal of fees from ebay and perhaps a small bit of retailation against those that do not leave postive feedback.
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    FrankcoinsFrankcoins Posts: 4,572 ✭✭✭


    << <i>Why anyone at anytime would buy anything on Ebay from a seller with a rating below 99% is beyond comprehension.

    99% of these Ebay horror stories could be avoided if buyer just followed a simple rule.......Don't bid if rating below 99%. >>


    Except about 2% of customers are crazy and/or unreasonable.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭


    << <i>I don't want to be overly sensitive but 97.9% positive feedback doesn't seem like good feedback to me-at least on ebay. I would be very hesitant to buy from a seller with those numbers. >>

    True, but it also points out how the eBay feedback system is broken.

    In the "real world" almost any business would be thrilled to report a 97.9% customer satisfaction rating. On eBay, that kinda sucks.
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    <<On Dec-09-08 at 00:01:38 PST, seller added the following information:


    Terms of Sale


    I Expect All Winning Bids to be Honored

    RESPONSIBILITY: Unless stated otherwise, full payment, including all shipping and insurance charges, is due via a payment method disclosed in this auction within 10 days of auction close. If not received, payment is considered delinquent 10 days after auction close.

    COMMITMENT: I am committed to completing the transaction. I hold the winning bidder accountable for his/her winning bid. Placing a bid on this auction is a legally binding obligation.

    ACCOUNTABILITY: Should the winning bidder become delinquent in settling the transaction, I reserve the right to pursue payment through the use of collection services.

    COMPENSATION: Should the winning bidder default on completing the transaction, I reserve the alternative to assess and collect a restocking fee as compensation for fees and holding costs related to the incomplete transaction. The restocking fee will amount to $10 + 20 percent of the sale price.


    Do Not Bid If You Do Not Intend to Pay>>

    Looks like the seller figured on making his profit with the compensation terms.
    JT



    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.
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    WalmannWalmann Posts: 2,806
    This reply from mikescoin to a negative feed gave me my best laugh of the day:

    " might be unc. but not brilliant it is corroded Buyer: winslowinpo ( 69) Jan-25-09 17:50

    Reply by mikescoins1 (Jan-25-09 19:58):
    That's not corrosion that's natural toning of steel! Steel rusts, not corrodes!

    Brilliant Uncirculated 1943 Steel Pennies! (#370139136943)"
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    YaHaYaHa Posts: 4,220
    A buck for a Ike. You lose. Say this guy/person is in Canada or another country their dollar is higher in value this person can get rich.

    Oh I just stumbled on my brains again, if he stills receives a dollar or cash payment from anyone in the U.S. the value is the same. imageimage

    Great Story Mar, but for a $1 to go through that. I say hell no.
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    lope208lope208 Posts: 1,960 ✭✭


    << <i>This reply from mikescoin to a negative feed gave me my best laugh of the day:

    " might be unc. but not brilliant it is corroded Buyer: winslowinpo ( 69) Jan-25-09 17:50

    Reply by mikescoins1 (Jan-25-09 19:58):
    That's not corrosion that's natural toning of steel! Steel rusts, not corrodes!

    Brilliant Uncirculated 1943 Steel Pennies! (#370139136943)" >>




    Haha, good catch. From Thesaurus.com...

    Main Entry: rust
    Part of Speech: noun
    Definition: corrosion
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
    -------------------------
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    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    It was fun to read the FBs!

    It must be a world record of bad FBs and BS.

    image
    Ed
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    sinin1sinin1 Posts: 7,500
    why give eBay/PAYPAL 35 cents to add a feedback?


    I bought a couple hundred IKES at a show a couple years ago for $1.10 each


    when lugging them to the car, I figured out why


    do not know why anyone would sell $1 for 65 cents, unless a scam is involved
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    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Sounds like the scam was that if he sells a $1 for $1 but does not send it then the buyer cancels payment then he thinks he makes $10.20 - .35 so he thinks he gets ahead $9.85 just for pissing off the buyer.


    COMPENSATION: Should the winning bidder default on completing the transaction, I reserve the alternative to assess and collect a restocking fee as compensation for fees and holding costs related to the incomplete transaction. The restocking fee will amount to $10 + 20 percent of the sale price.
    Ed
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    Mar327Mar327 Posts: 2,074 ✭✭
    Update - mikescoins has been NARU'd - yea!! image
    Have bought and sold on BST, many references available when asked.

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