dunno if this has been posted already
this explains it
http://www.coinweek.com/video-news/new-videos/ebay-discontinued-coin-authentication-video-340/
This is just another good reason to get your coins graded by a recognised TPG before you sell them.
It is also another reason why APCGS is getting more business because the "Shonky Mob" KNOW they can get cleaned or fake coins past the inexperienced/uneducated graders there and put there wares up on eBay as the genuine article and competently graded as well. :dash1:
Buying a genuine and honestly graded coin at the moment is bloody hard on eBay unless you know for a fact that the seller is honest and competent in their grading and descriptions of any coin they sell as far as "Raw" coins go.
If the coin isn't in a NGC, PCGS or a ICCS slab/flip then don't buy it is my advice as far as graded coins go :ok:
Like the Guy in the video inferred "Education is the Key" and if you take the time to learn to detect fakes, cleaning and bullshit grades the chances of getting ripped off are greatly diminished.
Also compile a list of trusted dealers/sellers that have done the right thing and you are happy with and continue to do business with them.
Conversely compile a list of dealers/sellers that have "Shonked" you and avoid them like the plague .
Just chucking my 2 cents into this :angel:
Quote from: 'trout' pid='65676' dateline='1421822561'Like the Guy in the video inferred "Education is the Key" and if you take the time to learn to detect fakes, cleaning and bullshit grades the chances of getting ripped off are greatly diminished.
Also compile a list of trusted dealers/sellers that have done the right thing and you are happy with and continue to do business with them.
Conversely compile a list of dealers/sellers that have "Shonked" you and avoid them like the plague .
Just chucking my 2 cents into this :angel:
Well said, David Lisot interviews are awesome. He asks the simple question so a person who doesn't understand coins can understand the answer.
I like the guys answer as he understands some fakes are Quite collectable and people should be able to sell them. I agree as long as it is titled and described as a fake. Probably better off doing that if its a collectable fake. Its the sharks that ruin it.
Ebay must of hired a new director and they have been trying to squeeze every dollar out. 10 % fee on postage?? come on.
First they encouraged to give free postage. This ensured they would get there 10% on the sale price. Eg: $100 & free post = $10 for them. Where as $65 & $35 post = $6.50 for them. Now a wack on postage means it doesn't matter to them.
Now imagine paying 7 guys to look out for counterfeits and cancel auctions and potential sales. The new director must of thought why the hell are we paying these guys to loose money? Let people sell what they want. Who gives a shit. That's my take on it anyway.
I doubt that they policed Australian coins
So why does eBay make it hard to report the fake coins from serial offenders who continually rip people off?
Hello,
Ebay want your money. Simple as that. They may pretend to care, but a Con Man also may seem nice at first. There is a way to stop the Crooks, and it would only take a qualified person to buy them under a 2nd account. Then knowing they are Fakes send them back for a refund under the new rules and leave feedback to say they are fake. The expert would be the buyer, but the seller would not know at the sale, and no cost to the buyer to get the report. How many people would buy from someone who has sold fakes the last 10 times ? There would be a few honest people selling what they believe are real Coins that are fakes, if that is the case they would withdraw the item from sale. It could become a bit of a game, stop the dodgy sellers ! The reaction from the dodgy sellers would be amusing, they would get quite nasty. A PO Box would be the go.
That would open the buyer to frivolous lawsuits it would be costly to defend even if he's in the right. Also, if the buyer's true identity becomes known, the same trick will be played upon him with his primary account.