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Coins from China and other asian countries
How do we get ebay to stop allowing fake coins from being listed on ebay? These coins are not marked as copies and I believe this is actually illegal. These fake coins are ruining coin collecting and I can't imagine how many people have thrown their money away on these coins.
2 comments
gosimus
Mentor1 year ago@dcs99*
< I can't imagine how many people have thrown their money away on these coins >
The counterfeiters must be making money, because they keep doing it. One would think that a blatant forgery, such as a Morgan listed for less than spot, would arouse suspicions in even the least cognizant collector. Wouldn't you smell a rat? Yet, people continue to buy them. There's an adage based on Proverbs 21:20, a fool and his money are soon parted.
eburtonlab
Mentor1 year agoCounterfeit items are not allowed to be listed on eBay at all. No one is authorized to sell counterfeit coins. That fact alone does not stop some people from trying to sell them, however.
The problem is that unscrupulous or uninformed sellers can list genuine items and then deliver counterfeit items.
It is not always possible to look at a listing and know in advance exactly what, if anything, the seller intends to deliver. For one thing, a scammer can simply copy a listing from a genuine seller, using a genuine photo of a genuine item.
Except for a few specific categories of items that go through authentication, eBay never sees what the seller ships or the what the buyer receives, so there is nothing for eBay to check unless someone complains about what was received by invoking eBay's money back guarantee.
Sellers are responsible for the descriptions they provide, and buyers should not assume that eBay screens the listings in advance.
As long as counterfeits exist and there are folks trying to sell them, buyers will still have to be on the lookout for them, and avoid deals that are obviously too-good-to-be-true, whether they are being sold by accounts registered overseas or by domestic sellers wittingly or unwittingly buying counterfeits from overseas to sell here.
Buyers that doubt their ability to distinguish a genuine article from a counterfeit one should only consider purchasing from trustworthy sellers that have an established reputation for delivering exactly what was described, and should avoid deals that are too-good-to-be-true, or deals that are offered by inexperienced sellers that might disappear soon after the transaction is made, or else be prepared to get items authenticated by trusted sources within thirty days to be able to take advantage of eBay's money back guarantee.