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Topic: Casascius 2011 Error UNGRADED in Ebay $10,000.00 - page 2. (Read 1599 times)

hero member
Activity: 711
Merit: 532
Ive always thought about it, but my luck.....first time im getting the scammy buyer i know it.  Even if i end up winning it will be months of bs i got to go through.  Probably over cautious but i know my luck.

Yup. Back in the day, I sold one of my BFL miners for $3700 on eBay, but it was some college kid and he said it didn't work right... of course it did, it worked fine before I sent it, and after I accepted it back for a full refund it still worked fine. But I was terrified of getting a negative rating. He was just an idiot, or just as likely, had no idea what he was doing. That's why he paid so much for it. I've been very wary of eBay for crypto ever since. The whole thing was a waste of time.

But still -- crypto coins command a higher premium on eBay. It's hard to look away.
legendary
Activity: 3752
Merit: 1415
Ive always thought about it, but my luck.....first time im getting the scammy buyer i know it.  Even if i end up winning it will be months of bs i got to go through.  Probably over cautious but i know my luck.
legendary
Activity: 2828
Merit: 1222
Just looking for peace
I fell like i sold mine for super low Undecided
Whoever is selling the coin needs to be careful of a credit card chargeback.  Paypal will always back the buyer and the chargeback can happen up to 90 days after the sale.  By then positive feedback is often left.  I've been scammed a couple of times as a seller myself especially when the item goes abroad and there is little risk of the buyer being taken to court.

Yep that is the risk of ebay, but sometimes the profits are worth the danger...

Hammer strikes on this coin at 10100 to a buyer with 28 feedback

I'm curious what a seller can do to prevent a scenario like this.  Let's imagine the seller has several hundred positive transactions going back over a decade. A buyer comes in and purchases this coin while having very limited history on eBay. The seller takes extra precautions by detailing the packing/shipping process with photos, uses registered mail and insures the item for $10K, and clearly makes this case to paypal. Do they "always back the buyer" in this situation?

If i know right , given proper proof of delivery and all - chargeback shouldn't happen but well ebay sucks with there fees and their responsibility towards seller, so we never know..
legendary
Activity: 1534
Merit: 1133
derp
Why are the premiums higher on eBay? Is it just ignorance/lack of access to the market here? I'd always rather sell here, but the markup on some items on eBay is very tempting. Yes, I understand the chargeback risk. Thoughts?

Plenty of reasons why premiums are high on ebay: very limited supply of cas coins, people don't know this forum exists, people are unwilling to deal with total internet strangers (ebay is "safe"), some people just have more money than good sense...

It is tempting. I've bought and sold on ebay many many times. In fact I just sold a 2013 brass 1btc for 6000usd on ebay. Immedately turned the net back into ~2btc. I accept the risk for the profit, and there are several other sellers that do as well. I'm sure if more people jumped on the ebay boat, the premiums would go down. So please do not sell there.   Wink

Yep that is the risk of ebay, but sometimes the profits are worth the danger...

Hammer strikes on this coin at 10100 to a buyer with 28 feedback

Every single time I've sniffed around anything relating to crypto on Ebay it was scammy. I seriously doubt this would be any different. There's no bleedin' way I'd ever sell via Paypal. It would have to be bank transfer and even then I'd be wondering.

This isn't allowed on Ebay UK. It's classifieds only.


Technically these are not allowed on ebay US either (outside of classified only). Enforcement is lax and subjective.
hero member
Activity: 711
Merit: 532
Why are the premiums higher on eBay? Is it just ignorance/lack of access to the market here? I'd always rather sell here, but the markup on some items on eBay is very tempting. Yes, I understand the chargeback risk. Thoughts?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Yep that is the risk of ebay, but sometimes the profits are worth the danger...

Hammer strikes on this coin at 10100 to a buyer with 28 feedback

Every single time I've sniffed around anything relating to crypto on Ebay it was scammy. I seriously doubt this would be any different. There's no bleedin' way I'd ever sell via Paypal. It would have to be bank transfer and even then I'd be wondering.

This isn't allowed on Ebay UK. It's classifieds only.
sr. member
Activity: 496
Merit: 256
Its really risky selling on EBAY, alot possible bad and fucked up scenarios what buyer can done.

Only possible prevent: ship after 90 days
hero member
Activity: 943
Merit: 783
In Memory of Zepher
Whoever is selling the coin needs to be careful of a credit card chargeback.  Paypal will always back the buyer and the chargeback can happen up to 90 days after the sale.  By then positive feedback is often left.  I've been scammed a couple of times as a seller myself especially when the item goes abroad and there is little risk of the buyer being taken to court.

Yep that is the risk of ebay, but sometimes the profits are worth the danger...

Hammer strikes on this coin at 10100 to a buyer with 28 feedback

I'm curious what a seller can do to prevent a scenario like this.  Let's imagine the seller has several hundred positive transactions going back over a decade. A buyer comes in and purchases this coin while having very limited history on eBay. The seller takes extra precautions by detailing the packing/shipping process with photos, uses registered mail and insures the item for $10K, and clearly makes this case to paypal. Do they "always back the buyer" in this situation?
legendary
Activity: 1534
Merit: 1133
derp
Whoever is selling the coin needs to be careful of a credit card chargeback.  Paypal will always back the buyer and the chargeback can happen up to 90 days after the sale.  By then positive feedback is often left.  I've been scammed a couple of times as a seller myself especially when the item goes abroad and there is little risk of the buyer being taken to court.

Yep that is the risk of ebay, but sometimes the profits are worth the danger...

Hammer strikes on this coin at 10100 to a buyer with 28 feedback
full member
Activity: 196
Merit: 101
Whoever is selling the coin needs to be careful of a credit card chargeback.  Paypal will always back the buyer and the chargeback can happen up to 90 days after the sale.  By then positive feedback is often left.  I've been scammed a couple of times as a seller myself especially when the item goes abroad and there is little risk of the buyer being taken to court.
member
Activity: 130
Merit: 16
Makes me tempted to throw the 10 BTCer on there and ask $50k.
sr. member
Activity: 1928
Merit: 354
Anyone else notice thats theres a "nick" around the 11:00 position, on the hologram side?
sr. member
Activity: 1928
Merit: 354
Hey Dazed, thanks for posting that link....I got too excited... Grin
legendary
Activity: 1534
Merit: 1133
derp
If anyone wants one of those graded MS-68 for that price...hit me up!

Dude throw it on eBay and ask 15K  Wink
legendary
Activity: 2128
Merit: 1119
If anyone wants one of those graded MS-68 for that price...hit me up!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Whether the buyer actually stumps up the money is a different matter.

I've had friends selling big buck items on there that were driven up. When the original winner chipped there was a marked lack of enthusiasm from the second chance offer people.
legendary
Activity: 1534
Merit: 1133
derp
http://www.ebay.com/itm/172724843860  Shocked

These are hot potatoes on eBay right now
legendary
Activity: 3570
Merit: 1959
A 2011 ungraded series 1 Error coin in Ebay is at $10,000.00 with 2.5 hours to go left.....the suspense is killing me!!!

Oh shit. you forgot the link!! Tongue 
sr. member
Activity: 1928
Merit: 354
A 2011 ungraded series 1 Error coin in Ebay is at $10,000.00 with 2.5 hours to go left.....the suspense is killing me!!!
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