I've finaly realized that PayPal/Ebay is a financial cartel.

I had previously sold/bought coins on Ebay for 5 years. Two months ago I noted "new" guidelines for both PayPal and Ebay regarding sells/buys "protections". Without reason a transaction could be suspended if the PayPal software detected a "potential for fraud". I decided that this was Corporate B/S and canceled my Ebay and PayPal accounts.

Two weeks ago I reopened Ebay and PayPal accounts. I would like to sell and buy under as many venues as possible. No problem.

I listed 14 Morgan Dollars. 7 sold. I received several emails from PayPal that although my coins had sold and were paid for PayPal had decided that the payments should be held for 21 days.

PayPal actually said to ship the coins and they "might" lower the hold requirements. UNBELIEVEABLE. Calls to both Ebay and PayPal met the corprorate brick wall. I cancelled all transactions and requested buyers to contact me for alternative payments.

I had previously had a 485 transaction rating at 100% positive 4.9 according to Ebays scale. Declined their Power Seller invitation.

I'll keep my accounts open to buy if the opportunity comes up. Ebay/PayPal will be the very last resource.

Thanks for reading my rant--It could be you.