Author Topic: ebay  (Read 10098 times)

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Offline Bloodnut

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ebay
« on: May 10, 2015, 08:46:47 AM »
I'm amazed that ebay are allowing thousands of fake Panda's to be sold on their site.I've gone to the trouble of pointing out some of the more obvious fakes to them but they appear not to care.It is obvious that they do not care about the customers getting ripped off only in their profit margin.When will someone with some clout take up this matter and possibly put a stop to it.The latest farce is that 1983,1984 & 1985 Panda's are being offered and the specs are totally wrong,don't the buyers check this stuff out before they buy.I personally bought fakes before I became aware that they existed.I was naïve and assumed that ebay had some morals and would verify these items before allowing them to be posted & that they would have some kind of guarantee for anyone duped but I was  wrong & now I'm stuck with a number of fakes.

Offline poconopenn

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Re: ebay
« Reply #1 on: May 11, 2015, 03:54:42 PM »
Welcome to the forum!

Yes, IMO, there are more fake silver pandas than genuine at eBay at this moment.

Here is the thread with names of fake coin sellers.

http://china-mint.info/forum/index.php?topic=644.msg65902;topicseen#msg65902

Here is the thread for side-by-side comparison pictures of fake and genuine silver pandas

http://china-mint.info/forum/index.php?topic=10994.0



Offline geoxxx

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Re: ebay
« Reply #2 on: May 12, 2015, 03:45:10 AM »
It's actually very simple....
If the price looks too good to be true... it usually is "too good to be true"
We all love bargains, but if it's too much of a bargain, it's usually a fake.

Any seller of a genuine coin would know its true value and wouldn't sell it for hundreds of dollars below its worth.

Offline TomG

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Re: ebay
« Reply #3 on: July 16, 2015, 04:30:15 PM »
eBay lost a 2008 anti-counterfeit enforcement case in a federal Florida USA courtroom. Is there something anyone here could provide for them to defend merchandise filtering [and us], and enforce against untruthful vendors?

The Federal Lawsuit:
http://www.coinnews.net/2008/01/23/ebay-hit-with-lawsuit-over-coin-listing-policy-3876/

The Florida Federal Court Order:
https://casetext.com/case/national-numismatic-certification-llc-v-ebay

Case Analysis Puzzle:
http://blog.ericgoldman.org/archives/2008/07/ebay_denied_230_1.htm



Offline Birdman

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Re: ebay
« Reply #4 on: August 01, 2016, 08:04:55 PM »
http://www.ebay.com/itm/wcs-coin-1982-500-YN-China-panda-Gold-1OZ-/172290738757?hash=item281d540a45:g:STcAAOSwqfNXnsnY

Here is another example of a listing that is going to fool somebody.  I haven't seen this one before. 

I've grown someone numb to the long list of fakes on eBay, but I thought it might be useful to remind some of the new members of this forum to "be careful out there."  There is a hell of a lot of crap out on eBay!

Offline Birdman

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Re: ebay
« Reply #5 on: August 04, 2016, 07:52:54 AM »
These guys are trying to take their deception to a new level.  The text of this WCS graded ebay listing:

http://www.ebay.com/itm/wcs-coin-1983-100-YN-China-panda-Gold-1OZ-/172294315586?hash=item281d8a9e42:g:fgwAAOSwA3tXotoS

"WCS was established in 2004, the WCS ANA became the American numismatic association (American NumismaticAssociation) professional coin collector association designated agencies."

If an inexperienced collector Google's the American Numismatic Association, they get the official prestigious group https://www.money.org/

The ebay description continues:

"WCS rating system is similar to PCGS. Each submitted to NGC coin will make at least three independent rating experts rating three times, and then decide the level of the currency."

"Coin grade appraisal is a team work process, by at least three professional grade appraisal expert appraisal for each coin. The levels of WCS appraisers are come from different backgrounds, but they all have engaged in coin distribution of work experience. Because in the money market level appraisal aspect, experience is a crucial factor business department. And it is worth mentioning that unlike all other coin appraisal services, WCS strict rules itself with the full-time appraisers grade, shall not participate in any coin trade activities"

It is comforting that they have such strict rules and high ethics.   :cursing:

The fake listings used to be laughable, albeit annoying, and had obvious key words like "gold plated" so that few ebay buyers would be confused.  Listings like this one are evolving to the point that they will fool more ebay buyers, and will definitely fool secondary buyers if a person of low ethics tries to buy these cheap and resell the elsewhere to uninformed buyers who have heard that "Chinese gold pandas are hot".

Item ships from Arizona.

Offline Birdman

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Re: ebay
« Reply #6 on: August 04, 2016, 07:57:05 AM »
Reported

Offline jc888888888

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Re: ebay
« Reply #7 on: August 04, 2016, 09:52:35 AM »
+++111 FOR REPORTING THANK YOU

Offline tater

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Re: ebay
« Reply #8 on: August 04, 2016, 10:06:51 AM »
you could spend eight hours a day every day and never finish reporting all of the fakes on ebay.  It might be fun trying it for a day or two if you knew that ebay would take it serious and do something about it, but my experience is that they seldom do.

Offline Honus

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Re: ebay
« Reply #9 on: August 04, 2016, 01:56:29 PM »
I'm disgusted to say that I have a flawless 100% record when it comes to reporting fakes on eBay - I've reported dozens, if not hundreds, and I've tracked every single one and not one single auction was ever pulled by eBay.   The world would have been better off if I'd spent that time doing anything else!
Eric Liquori
Anvil Fine Wares
www.anvilfinewares.com

Offline Birdman

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Re: ebay
« Reply #10 on: August 06, 2016, 08:43:42 AM »
These guys are trying to take their deception to a new level.  The text of this WCS graded ebay listing:

http://www.ebay.com/itm/wcs-coin-1983-100-YN-China-panda-Gold-1OZ-/172294315586?hash=item281d8a9e42:g:fgwAAOSwA3tXotoS

"WCS was established in 2004, the WCS ANA became the American numismatic association (American NumismaticAssociation) professional coin collector association designated agencies."

If an inexperienced collector Google's the American Numismatic Association, they get the official prestigious group https://www.money.org/

The ebay description continues:

"WCS rating system is similar to PCGS. Each submitted to NGC coin will make at least three independent rating experts rating three times, and then decide the level of the currency."

"Coin grade appraisal is a team work process, by at least three professional grade appraisal expert appraisal for each coin. The levels of WCS appraisers are come from different backgrounds, but they all have engaged in coin distribution of work experience. Because in the money market level appraisal aspect, experience is a crucial factor business department. And it is worth mentioning that unlike all other coin appraisal services, WCS strict rules itself with the full-time appraisers grade, shall not participate in any coin trade activities"

It is comforting that they have such strict rules and high ethics.   :cursing:

The fake listings used to be laughable, albeit annoying, and had obvious key words like "gold plated" so that few ebay buyers would be confused.  Listings like this one are evolving to the point that they will fool more ebay buyers, and will definitely fool secondary buyers if a person of low ethics tries to buy these cheap and resell the elsewhere to uninformed buyers who have heard that "Chinese gold pandas are hot".

Item ships from Arizona.

I'm disgusted to say that I have a flawless 100% record when it comes to reporting fakes on eBay - I've reported dozens, if not hundreds, and I've tracked every single one and not one single auction was ever pulled by eBay.   The world would have been better off if I'd spent that time doing anything else!

In following up on the eBay auction with the fake slab I reported a few days ago, I am pleasantly surprised that it has been taken down.  eBay removed two of the three fake listings that this guy had up.  You would think that would have also removed the third one with the same type of fake and slab combination (I didn't report that one), but at least they did something.  Of course, you'd hope that they would actually be proactive in eliminating fakes and not just wait for people to report them. 

you could spend eight hours a day every day and never finish reporting all of the fakes on ebay.  It might be fun trying it for a day or two if you knew that ebay would take it serious and do something about it, but my experience is that they seldom do.

Yes, it can be overwhelming, and I tend to throw up my hands and ignore the obvious ones.  But, if we each take a moment to report one or two of the more convincing ones, it may prevent a new collector from getting burned and then giving up on the hobby, instead of sticking around long enough to learn more and steadily build his or her collection.

I'm not sure how many 100s of people visit this forum each day, but if we each report one or two fakes to eBay, it may be an important effect.  It takes less than a minute to report one.  If you aren't sure how to do it, see the screen shots below.

Why not report one of the better fakes that you see in your search on eBay today?  Collectively we can flood eBay with a couple hundred reported listings within 12 hours.  That will get their attention!

I just reported

http://www.ebay.com/itm/wcs-coin-1986-100-YN-China-panda-Gold-1OZ-/172294341673?hash=item281d8b0429

I'll follow up later and see if they took this one down too.

Offline Agpanda

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Re: ebay
« Reply #11 on: August 06, 2016, 10:12:57 AM »
is this company ok? seems fake to me.
http://worldclassgrading.com/gradingscale.asp

Offline Birdman

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Re: ebay
« Reply #12 on: August 06, 2016, 10:28:03 AM »
is this company ok? seems fake to me.
http://worldclassgrading.com/gradingscale.asp


I've never heard of them.  At first glance they seem to be a lower tier grading company focused on sports cards.  Any John Doe can start a grading service and put items in a holder with a number on them.  They can even lure more people to use their service by handing out high grades that are not warranted by the condition of the item.  This has been attempted by numerous small companies.  But, the reputation eventually catches up with them, and buyers aren't willing to pay as much for those graded items.  Then, since sellers can't sell those graded items for good prices, they stop sending that grading company new material.

Short answer.  I wouldn't necessarily call it fake, but I would take a very close look at any coins I found in their holders.  I would be suspicious that they might be overgraded, or that the company may not have the expertise to spot good fakes of Chinese coins.

Offline Agpanda

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Re: ebay
« Reply #13 on: August 06, 2016, 10:45:00 AM »
I wouldn´t buy from them, just wondering if they where up for reporting?
But I guess I leave it for this time, plenty obvious fakes to report anyway

Offline Honus

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Re: ebay
« Reply #14 on: August 06, 2016, 11:47:52 AM »
Seeing Birdman have some success with fake-reporting does give me optimism that it's not a waste of time - maybe things have changed at eBay?  I'm glad to join the reporting effort and help out.
Eric Liquori
Anvil Fine Wares
www.anvilfinewares.com