BUYERS BEWARE!
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I have collected US coins most of my life and have been an active buyer and seller on EBay.
I am seeing possibly hundreds of listings with ridiculous price gouging attempts that are potentially praying on novice buyers; or worse, these sellers are intentionally scamming. In many cases items that are worth less than $10 selling for more than $1000-saying they are rare (when common), and other vague or misleading descriptions that are not the case. This affects honest, legitimate sellers and buyers and is going unchecked!
I could provide examples but I notice it is all over-Pennie’s, nickels and more. BEWARE because it is not being filtered, unwarned and without eBay calling these out.
eburtonlab
Mentor2 months ago@stankeye2
There is no real alternative to buyers knowing what they buy and buying what they know.
If a buyer does not know how much an item is worth, letting the seller dictate the price may be a big mistake.
stankeye2
OP2 months agoUnderstand your point and I probably wouldn’t care to mention but this is a huge widespread issue-at least for one item, the entire 1st two pages are crazy gouging attempts with sellers with little or no sales history; and for the average novice collector, difficult to find the honest prices as some are almost affordable.
I haven’t checked other denominations and would be willing to bet it’s running rampant. They can’t all be a coincidence, appears like a ring of scammers artificially inflating prices. Price Gouging at its finest!
But to your point, anyone who knows ligit price would move on-