ebay scam - silver Peace dollars

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 12:33 pm

http://cgi.ebay.com/100-PEACE-SILVER-DO ... 35aed719c7

Would love your feedback on this one boys and girls.

I've already reported to ebay. Not only location but a sudden appearance on the last 5 feedbacks. All from Canada buyers who magically all received their coins in less than a day from auction closing all the way from Singapore.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby Rodebaugh » Fri Dec 24, 2010 1:01 pm

garbage....I will report it too.
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: ebay scam - silver Peace dollars

Postby Ethon » Fri Dec 24, 2010 1:49 pm

Looks like the listing has been removed, good job guys.
Ethon
Penny Sorter Member
 
Posts: 52
Joined: Tue Dec 14, 2010 1:05 pm

Re: ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 1:59 pm

Thanks guys. I think in a tight knit group like this we have to band together to protect each other from the bad deals and help share the good deals as much as we can.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 2:04 pm

Wow....get this. Anyone who saw the original ebay ad. Look at this. Someone has already relisted the same exact auction under a different user ID.

http://cgi.ebay.com/100-PEACE-SILVER-DO ... 19c1ef2098

appears to be a real problem on ebay

I read overseas there is a major problem with fake Morgans and Peace dollars. Probably anything else worth value in the coin world.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby NDFarmer » Fri Dec 24, 2010 2:15 pm

100 Peace dollars for $249.00 that is a heck of a buy that is only $2.49 a piece. I don't see any location in the listing. You would think even though they are counterfeit they would ask more for them than that. It must cost quite a bit to get counterfeit coins made.
Copper - the "poorman's" precious metal !!
User avatar
NDFarmer
Super Post Hoarder
 
Posts: 3893
Joined: Mon Jan 07, 2008 3:00 pm

Re: ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 2:19 pm

I'm not sure what the conditions are on overseas paypal transactions - in terms of buyer protection - however the fake positive feedbacks all from Canadian user names and stating super fast shipping, etc. Within one day of auction closing was my first clue after the price of course that this was a major scam. I'll let a few others view the link and then I'll report this one as well to ebay.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby jasmatk » Fri Dec 24, 2010 2:25 pm

I agree with ndfarmer you think they would ask more
-If you face the light you will never see shadows
User avatar
jasmatk
Penny Hoarding Member
 
Posts: 924
Joined: Sun Aug 22, 2010 10:00 am
Location: florida

Re: ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 2:29 pm

The "scam" would be a whole lot less obvious if they were say 8-10 a piece. that price makes them stick out like a sore thumb.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby NDFarmer » Fri Dec 24, 2010 2:58 pm

jasmatk wrote:I agree with ndfarmer you think they would ask more



I agree if they were asking $1499.00 or $1599.00 for the lot it would make it look a lot more legit. If your running a scam wouldn't you try to screw people out of as much money as you can?
Copper - the "poorman's" precious metal !!
User avatar
NDFarmer
Super Post Hoarder
 
Posts: 3893
Joined: Mon Jan 07, 2008 3:00 pm

Re: ebay scam - silver Peace dollars

Postby aloneibreak » Fri Dec 24, 2010 2:59 pm

13 sold they say - sure hope thats not real buyers

cant seem to report that auction...
My reading of history convinces me that most bad government results from too much government.

Thomas Jefferson
aloneibreak
Post Hoarder
 
Posts: 2944
Joined: Wed Jan 17, 2007 3:00 pm

Re: ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 3:05 pm

I just reported it. Lower right hand side of the auction. Yea I just noticed 12 auctions sold today. I suppose some people just want to believe they can get over 2000 worth of peace dollars for 250.00. One person bought 4 lots. If only it were that easy.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby Ethon » Fri Dec 24, 2010 3:26 pm

I sent the guy a message (pretending to be a potential buyer).
ME: How are you selling each of these peace dollars for 2.50 if they cost over 20 dollars a peice? I am interested in buying, I'm just worried they might be counterfeit.

HIM: The project is guaranteed to be authentic! Please rest assured to buy! Merry Christmas!

ME: Who guaranteed them to be authentic? Sorry for the questions, just want to be sure before i buy.

HIM: awaiting answer.
Ethon
Penny Sorter Member
 
Posts: 52
Joined: Tue Dec 14, 2010 1:05 pm

Re: ebay scam - silver Peace dollars

Postby appjoe » Fri Dec 24, 2010 3:39 pm

Ethon wrote:I sent the guy a message (pretending to be a potential buyer).
ME: How are you selling each of these peace dollars for 2.50 if they cost over 20 dollars a peice? I am interested in buying, I'm just worried they might be counterfeit.

HIM: The project is guaranteed to be authentic! Please rest assured to buy! Merry Christmas!

ME: Who guaranteed them to be authentic? Sorry for the questions, just want to be sure before i buy.

HIM: awaiting answer.

Did you notice he said the PROJECT is guarenteed to be authentic not the coins.
User avatar
appjoe
Penny Hoarding Member
 
Posts: 705
Joined: Fri Sep 24, 2010 1:58 pm
Location: PA.

Re: ebay scam - silver Peace dollars

Postby appjoe » Fri Dec 24, 2010 3:41 pm

I just clicked the new link to file a report on him and the listing has been pulled.
User avatar
appjoe
Penny Hoarding Member
 
Posts: 705
Joined: Fri Sep 24, 2010 1:58 pm
Location: PA.

Re: ebay scam - silver Peace dollars

Postby appjoe » Fri Dec 24, 2010 3:46 pm

Check this link out it is the same picture that was on the other link and it's 100 peace dollars with a United States address and over $2598 but it is still the same exact picture asthe 100 for $249.
http://cgi.ebay.com/100-PEACE-SILVER-DO ... 3f03ba5db9
Last edited by appjoe on Fri Dec 24, 2010 3:49 pm, edited 1 time in total.
User avatar
appjoe
Penny Hoarding Member
 
Posts: 705
Joined: Fri Sep 24, 2010 1:58 pm
Location: PA.

Re: ebay scam - silver Peace dollars

Postby Ethon » Fri Dec 24, 2010 3:49 pm

appjoe wrote:
Ethon wrote:I sent the guy a message (pretending to be a potential buyer).
ME: How are you selling each of these peace dollars for 2.50 if they cost over 20 dollars a peice? I am interested in buying, I'm just worried they might be counterfeit.

HIM: The project is guaranteed to be authentic! Please rest assured to buy! Merry Christmas!

ME: Who guaranteed them to be authentic? Sorry for the questions, just want to be sure before i buy.

HIM: awaiting answer.

Did you notice he said the PROJECT is guarenteed to be authentic not the coins.


Ahh good point, ill call him on that next message.
Ethon
Penny Sorter Member
 
Posts: 52
Joined: Tue Dec 14, 2010 1:05 pm

Re: ebay scam - silver Peace dollars

Postby goodcents » Fri Dec 24, 2010 6:39 pm

appjoe,

It appears the true seller - the one selling with a few thousand feed backs and the 2500.00 price had his listing simply copied by the dude in singapore. They stole the pics and about 90% of the auction text. Very sneaky.
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: ebay scam - silver Peace dollars

Postby appjoe » Fri Dec 24, 2010 6:57 pm

goodcents wrote:appjoe,

It appears the true seller - the one selling with a few thousand feed backs and the 2500.00 price had his listing simply copied by the dude in singapore. They stole the pics and about 90% of the auction text. Very sneaky.

Yes it does look like that. I wouldn't buy anything from china. They copy everything.
User avatar
appjoe
Penny Hoarding Member
 
Posts: 705
Joined: Fri Sep 24, 2010 1:58 pm
Location: PA.

Re: ebay scam - silver Peace dollars

Postby Dumpster Diver » Sat Dec 25, 2010 6:46 am

appjoe wrote:
Ethon wrote:I sent the guy a message (pretending to be a potential buyer).
ME: How are you selling each of these peace dollars for 2.50 if they cost over 20 dollars a peice? I am interested in buying, I'm just worried they might be counterfeit.

HIM: The project is guaranteed to be authentic! Please rest assured to buy! Merry Christmas!

ME: Who guaranteed them to be authentic? Sorry for the questions, just want to be sure before i buy.

HIM: awaiting answer.

Did you notice he said the PROJECT is guarenteed to be authentic not the coins.


The PROJECT is some dude at a drafting table trying to get the eagle just right.
This kind of thing just makes me sick.
User avatar
Dumpster Diver
Penny Hoarding Member
 
Posts: 719
Joined: Wed Aug 12, 2009 3:00 pm
Location: Georgia

Re: ebay scam - silver Peace dollars

Postby appjoe » Sat Dec 25, 2010 11:25 am

The worst part is someone here in the states that doesn't know any better or wants to make a quick buck will buy them and start selling them and if the quality is real good then we will have alot of counterfits floating around. Someone posted a video here showing just how good the counterfits are. They can even fool the experts.
User avatar
appjoe
Penny Hoarding Member
 
Posts: 705
Joined: Fri Sep 24, 2010 1:58 pm
Location: PA.


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 36 guests