Counterfeit coins being sold on ebay
Seller - guangzhoufenwenba_o is selling counterfeit " 1 oz proof silver Libertads " He/they/whoever it is responded to my question if they could guarantee the authenticity of the coin listed. They responded that it is "Silver plated" This is their description = Coin Highlights = Contains 1 oz of .999 fine Silver.
Comes in an original mint capsule.
Obverse: Sculptural relief of the national shield, encompassed by the legend "Estados Unidos Mexicanos" (United Mexican States), surrounded by different national coats of arms used throughout Mexico's history.
Reverse: Depicts two key symbols of the Mexican people: the Winged Victory statue in the forefront and the Mexican volcanoes Popocatépetl and Iztaccíhuatl in the background.
Guaranteed by Banco de México.
This magnificent 1 oz Proof Silver coin is a popular choice not only because of its attractive design, but also for its low mintage at Casa de Moneda de México, the oldest mint in North America.
eburtonlab
Mentor5 months ago@paspet0
Counterfeit items are not allowed to be listed on eBay at all. No one is authorized to sell counterfeit items. 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.
paspet0
OP5 months agoGreat advice! However, I believe that eBay could do more to screen unscrupulous sellers. They need to have some type of authentication system in place to help unsuspecting, or new buyers of coins/precious metals, bullion, etc. who are just starting to collect or stack. It is an absolute shame that these people, "unscrupulous sellers" are allowed to do business on eBay's platform. I know, we all need to beware and not fall for the deal that is too good to be true. Thanks for the response.
eburtonlab
Mentor5 months agoI believe that eBay could do more to screen unscrupulous sellers. They need to have some type of authentication system in place to help unsuspecting
What exactly could eBay do that would totally prevent a seller from advertising one thing and delivering another?
eBay can't authenticate items that are shipped directly from seller to buyer.
There are lots of things eBay can do after the fact if a buyer notices a problem, of course. But not much before that happens.