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I really don't believe this .... eBay sale for what people think is gold.

15 posts in this topic

The guy may be "shady" but the items are as described and apparently he does take returns and do refunds. He just lets the greedy and those who can't take the time to read the listing (or investigate what they bought afterward) cheat themselves. You may not like it, I don't like it, but he isn't doing anything wrong. Definitely not anything to be shot over.

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Well "to be shot" was not literal as you seem to have taken it. That's pretty funny.

 

To me, if he took that money from the naive buyer(s) then he is no different then people who prey on senior citizens who are naive to some of the shady investment schemes that, while legal, is wrong in my book.

 

I saw this listing before it ended and reported it. Hopefully eBay will make sure the person buying this lump of coal is fully explained as to what they just bought. If they still want it for $1,300 + then fine... But what I think is wrong is that the person listed the Gold Plated item in the section for Gold Bullion.

 

When you list something that is plated a warning notice comes up and tells you that you are not supposed to be listing plated or filled gold in the sections reserved for actual Gold Bullion. If they continued their listing in spite of the warning then they are wrong, in my opinion, and eBay is failing miserably at weeding out those snakes.

 

I could be thinking about the jewelry section on that warning but either way if you look at the section it is placed in it is intentionally misleading. His listing is in the Gold Bullion section where, when you list an item, it asks you for the gold content, manufacturer, and a few other drop down questions for the specifications. I noticed he didn't use those since he couldn't....it is not Gold Bullion.

 

Then using terms that apply to Genuine Gold Bullion like "Assayer's Card" and the entire description section talks about Maple Leaf Coins. I consider that an intentional attempt to mislead. What on earth does the Canadian Maple Leaf Genuine Bullion Coinage have to do with that what he/she sold? Not a single thing.

 

I feel sorry for the person that bought that and the others that bid on it. My guess; shill bidding took place on that to take advantage of someone who may very well be a senior citizen that has never invested in precious metals. It is just wrong all the way around.

 

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the guy has sold dozens of these

many in the $40-$120 range

 

 

what do you comsider a fair price for 1 solid oz of brass or copper covered in gold? $5 ?

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I consider a fair price to be whatever a person is willing to pay for an item and walk away happy.

 

If the person who bought that bar for $1,300.00 + walks away happy then I would consider that a fair price.

 

If those other people that bought from $40 to $120 were happy then I once again would consider that a fair price.

 

The real problem I believe I have here is eBay needs to create a new category called Gold Filled and Gold Plated. They can put that under bullion if they want. That's fine with me. But at least that way these folks would be listing the items in the proper light and not being listed along side the real thing.

 

 

 

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If eBay automatically gets involved and pops up a warning when you try to list something as plated in the gold bullion section, they should go the one further step of either not allowing the listing, or including their own very noticeable warning on the listing that the item is plated. After all if the warning says you are not supposed to do it, and they noticed it, why are they allowing it to proceed?

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I don't know. I don't work for eBay.

 

And I thought you worked for the ebay police, silly me... (shrug)

 

 

Why you would make such a ridiculous and misdirected statement like that leads me to believe you have another agenda. I have NEVER ever mentioned anything being sold on eBay before that one amazing sell that I noticed. And for that I am considered 'The eBay Police'?

 

Maybe that was a self defense knee jerk reaction on your part for which you had no control based on the possibility that you too are one that could do something like that ..... and then sleep at night.

 

Your opinion and then my opinion.... You're right Silly You!

 

 

 

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The guy may be "shady" but the items are as described and apparently he does take returns and do refunds. He just lets the greedy and those who can't take the time to read the listing (or investigate what they bought afterward) cheat themselves. You may not like it, I don't like it, but he isn't doing anything wrong. Definitely not anything to be shot over.

 

While I agree buyers should read everything fully and know what they are buying, this seller is beyond shady in my opinion. The part of the listing that says it is "layered" is about 1/3 the size font as the rest of his listing.

 

The term SHROUD is not a common term for plated. At least I've never heard it used before and given the number of internet hits for the term, it appears to be a term used almost exclusively by this seller.

 

The listing is crafted to make it appear this is a 1oz gold bar.

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IMO it definitely appears to be intentionally misleading. I have never heard the term shroud in reference to gold plating and the funny thing is, the description never even explains the item itself, until the last line that is intentionally typed in a MUCH smaller font.

But what do I know...

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One more observation.....

In June another customer purchased one of these "shroud" bars and even commented in the feedback that "it would be fair to explain what shroud means". The seller agreed and defined but never actually started explaining it in future listings.

Normally I don't reply this much but sellers like this really get to me. That's why people really have to read listings completely and ask questions when unsure. EBay is a hot spot for predators

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The guy may be "shady" but the items are as described and apparently he does take returns and do refunds. He just lets the greedy and those who can't take the time to read the listing (or investigate what they bought afterward) cheat themselves. You may not like it, I don't like it, but he isn't doing anything wrong. Definitely not anything to be shot over.

 

While I agree buyers should read everything fully and know what they are buying, this seller is beyond shady in my opinion. The part of the listing that says it is "layered" is about 1/3 the size font as the rest of his listing.

 

The term SHROUD is not a common term for plated. At least I've never heard it used before and given the number of internet hits for the term, it appears to be a term used almost exclusively by this seller.

 

The listing is crafted to make it appear this is a 1oz gold bar.

 

 

There is no defending the seller...he knows exactly what he is doing and for every one of these bars that are returned once the buyers realizes what they bought I am sure there are two kept by folks who weren't clear on what they bought. Yes the buyers are accountable as well but the listing is quite deceptive and should not be allowed by Ebay but they are not out to protect consumers....just line their own pockets.

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Visited Paris recently. While walking quickly near the Seine, this non-French looking guy stooped and picked up something 5 ft in front of me. It was a thick gold wedding band! He asked if I dropped it & I said "no".

 

He then offered it to me and asked if I thought it was gold. It looked gold and pretty thick and inside was stamped "18K" and had some sort of hallmark inside. However for such a thick gold thing it didn't have that heft anyone who holds gold coins is familar with.

 

He wanted to know if I wanted it -- however there was a catch. He wanted something for it. Finally he came down to 2 euros. Weighing it carefully I began to think it wasn't gold. I tried to bite it (something I do with all my larger 18th century mint state gold coins) but couldn't leave any mark. I then tried running away but he then chased after me trying to sell me this 1/4 oz gold ring for 2 euros.

 

Finally I got away (with my euros). I guess all the gold plated copper sellers aren't just on EBay!

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