Ripped off on shipping...

[RGT]

I won a coin a week ago on ebay and the seller set the shipping at $6.95 and required another $2.60 in insurance for a total of $9.55. The coin arrived today uninsured in a bubble envelope. The slab was wrapped in the invoice and dropped into the envelope. Well, you know I already factored in the shipping before I bid, which was part of the reason this coin closed at only $22.

 

[MunkyMan95]

Very nice coin! Shipping on eBay is outrageous sometimes... I always figure that in when bidding. If a coin costs $10 to ship, and I'm only prepared to spend $20 for the coin, a $10 bid it is.

[relicsncoins]

Nice looking dollar, looks pretty clean.

 

JJ

[FLCoins-migration]

Sometimes insurance is not shown on your mailer.

 

Stamps.com & others have "self-insurance"

[TomB]

That looks like a very nice coin for the money and I will agree that insurance is not always shown on the package. I once sold a coin on ebay for about $45 to someone and when they received the coin they were very happy with it but threatened to neg me because there was no "INSURED" stamp on the package. I wrote back and assured them that insurance was paid for, only to make them more irritated because they thought I was lying. Fortunately, I had my insurance receipt with me and I scanned it and emailed the scan to them. They promptly apologized for the outburst.

[Bruceswar]

very nice coin! I like it.

[Stanley]

Very nice looking Peace Dollar

I don’t worry much about being charged for insurance whether it is used or not, because it is the responsibility of the seller to deliver regardless of any disclaimer they might have. And the fact that you paid insurance makes it that much more there responsibility.

[MAULEMALL]

I won a coin a week ago on ebay and the seller set the shipping at $6.95 and required another $2.60 in insurance for a total of $9.55. The coin arrived today uninsured in a bubble envelope. The slab was wrapped in the invoice and dropped into the envelope. Well, you know I already factored in the shipping before I bid, which was part of the reason this coin closed at only $22.

 

Mister for $30.00 I think you did pretty freakin OK.

Thats a clean,well struck Peace.

[RGT]

Sometimes insurance is not shown on your mailer.

 

Stamps.com & others have "self-insurance"

 

Yes, the seller shipped with Stamps.com, so maybe he did pay for insurance. That doesn't really bother me since I figured the total cost before I bid. But if I just titled my post "New Peace Dollar" no one would read it because there is no controversy.

 

Actually, the main point could be that sellers who try to screw bidders with high shipping charges often get screwed themselves with low bids. I actually bid several dollars more but my competition was weak. It's a common coin and who want to pay half the cost of the coin in shipping.

 

Here's the sellers picture.

 

[physics-fan3.14]

I hate it when sellers charge a lot for shipping. I hate to have to pay much more than $3 (although I usually only buy low dollar coins). By the way, that peace is absolutely gorgeous.

[MAULEMALL]

GOD I LOVE THOSE OLD PCI HOLDERS

 

You need to cross that to get the correct grade....I personally think it has a shot at 66.

 

 

 

Just a fabulous coin.

Congrats Big Time.

[cybersharque-migration]

The observation was made that:

 

 

I don’t worry much about being charged for insurance whether it is used or not, because it is the responsibility of the seller to deliver regardless of any disclaimer they might have. And the fact that you paid insurance makes it that much more there responsibility.

 

This is a misconception. The law of sales allows for two kinds of sales contracts: "shipment" and "delivery." In a shipment contract, the seller's obligation is to ship the goods. In a delivery contract, the obligation is to deliver them to the purchaser. If the contract does not say one or the other, then it is a shipment contract except when a merchant seller is selling to a purchaser who is not a merchant. In that case, a delivery contract is presumed. Even then, the contract is a shipment contract if it says so. A contract with a disclaimer of responsibility for loss or damage in shipment will generally be construed as a shipment contract.

[Connecticoin]

RGT, you got a major rip on that coin. Just be glad it got to you safely and let the seller keep his excess shipping cost. Also, I think he set the insurance cost anticipating a sale price of about $100.

[Stanley]

The observation was made that:

 

 

I don’t worry much about being charged for insurance whether it is used or not, because it is the responsibility of the seller to deliver regardless of any disclaimer they might have. And the fact that you paid insurance makes it that much more there responsibility.

 

This is a misconception. The law of sales allows for two kinds of sales contracts: "shipment" and "delivery." In a shipment contract, the seller's obligation is to ship the goods. In a delivery contract, the obligation is to deliver them to the purchaser. If the contract does not say one or the other, then it is a shipment contract except when a merchant seller is selling to a purchaser who is not a merchant. In that case, a delivery contract is presumed. Even then, the contract is a shipment contract if it says so. A contract with a disclaimer of responsibility for loss or damage in shipment will generally be construed as a shipment contract.

 

What happens when the seller charges for insurance, pockets the money, item is not received by the buyer, and seller can not prove he shipped it?

[MunkyMan95]

The observation was made that:

 

 

I don’t worry much about being charged for insurance whether it is used or not, because it is the responsibility of the seller to deliver regardless of any disclaimer they might have. And the fact that you paid insurance makes it that much more there responsibility.

 

This is a misconception. The law of sales allows for two kinds of sales contracts: "shipment" and "delivery." In a shipment contract, the seller's obligation is to ship the goods. In a delivery contract, the obligation is to deliver them to the purchaser. If the contract does not say one or the other, then it is a shipment contract except when a merchant seller is selling to a purchaser who is not a merchant. In that case, a delivery contract is presumed. Even then, the contract is a shipment contract if it says so. A contract with a disclaimer of responsibility for loss or damage in shipment will generally be construed as a shipment contract.

 

What happens when the seller charges for insurance, pockets the money, item is not received by the buyer, and seller can not prove he shipped it?

 

You file a claim with Paypal, and they refund the money for you.

[Stanley]

Exactly. You file a claim with PayPal or Ebay or both for “item not received” for a refund.

So while it may not have been the responsibility of the seller to deliver it is now there responsibility to issue a refund.

[RGT]

RGT, you got a major rip on that coin. Just be glad it got to you safely and let the seller keep his excess shipping cost. Also, I think he set the insurance cost anticipating a sale price of about $100.

 

I actually was concerned that he might not ship or that it might get "lost in the mail". I did figure the shipping into my total cost and still got the coin below my max bid, so I am happy with that.

 

High shipping becomes an issue with me when I think I may want to return a coin since sellers rarely refund the shipping. I will sometimes (like this time) go ahead and bid, but will reduce my bid more than just the high shipping cost because I feel that I am loosing my return privilege.

[RGT]

Another update. This was one of the PCI coins in my recent ANACS submission that crossed at the same grade. Even with the high shipping and the slabbing fee and postage I still am only into this one at half price.

[Zoins]

I hate it when sellers charge a lot for shipping. I hate to have to pay much more than $3 (although I usually only buy low dollar coins).

I think high shipping is part of how eBay works b/c sellers get charged for the auction price not the shipping price. Buyers are expected to know this saves the seller some money and factor this in, kind of like how some merchants give discounts if you use cash or a cashiers check so they can avoid credit card and PayPal fees. I'm just guessing. Is this how it works?

[Zoins]

This was one of the PCI coins in my recent ANACS submission that crossed at the same grade.

Why did you cross this? Do you intend to sell it, are you building an ANACS graded set, or did you want to get the grade verified? I just read $350m (or something like that on the other forum) has been spent on TPG slabbing. Just wondering what the reasoning is for this particular case.

[RGT]

Why did you cross this? Do you intend to sell it, are you building an ANACS graded set, or did you want to get the grade verified? I just read $350m (or something like that on the other forum) has been spent on TPG slabbing. Just wondering what the reasoning is for this particular case.

 

I was planning to sell it, but I may have to clear that with my wife first. Peace dollars are her favorite series and this is the only MS65 that we have.

 

I won this coin on ebay for $22 plus shipping. If I tried to sell it in the same slab I may have gotten more, but I tought it would do much better in a more respected slab. Of course that was before everyone but the janitor left ANACS. Next I may have to cross them all over to NGC to get a decent price for them.

[LuvToCollect]

Pretty clean looking 23. I am just happy you got your coin.I had my first bad deal on ebay and finaly got my coins almost 45 days later.This guy had good ratings and high feedback but got dinged several times in a three week period.

Caution seems to be the rule of the day.

Congrulations.