Lincoln cent error

[trails]

Just before I went to bed last night, I saw an auction on Ebay (just recently posted) for a split planchet after strike on a Lincoln cent. This is an oddity and I have seen a few of these in hand just recently (last FUN show). The one offered in this auction was not a split planchet after strike and it appeared to be an acid job (which actually shrinks the coin) and is accomplished outside the mint.

I believe that it maybe from a person who frequents this forum who has that auction listed.

A split planchet after strike has one side of the coin appearing to have received a regular strike, while the other side appears to be struck by a mid stage die cap and of course, the coin is thin and underweight. That is the departure from being struck by a mid state die cap.

There is a new watch dog group forming om Ebay and it is concerned with numismatic related items. If you are not entirely confident that the coin you are putting up for auction is what it is, then get it confirmed by an expert before you place it on an auction site.

BJ Neff

[kloccwork419]

Cant wait for the blockwatch to start..Seems like reports are useless with the brilliant workers behind the scenes.

Are you involved in it BJ?? or any other expert here?

[hasfam]

If this "watch group" has the authority to pull listings that are bogus, then great. It might give legit sellers with legit listings a fighting chance. I get so frustrated when I see what I'm up against sometimes. The other day, there was an auction closed for $7 and change for absolutley nothing but a normal dirty 1992 coin. But the seller went on and on about all the "errors" on it like it having a wide AM and so on. At the same time, I have to search maybe thousands of coins just to find a .99 cent coin that may get a bid. Anyway, I do hope this committee of experts can start pushing this ebay category into a better path.

Rock

[rockdude]

I see a nickel listed but no cent.

http://cgi.ebay.com/1945-Nickel-Obv-Split-Planchet-After-Strike-VF_W0QQitemZ290400400243QQcmdZViewItemQQptZCoins_US_Individual?hash=item439d367373

[trails]

this is the link:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=230434531029&ssPageName=ADME:B:SS:US:1123

BJ Neff

[1sgret]

You can bet E-bay won't do much due to the loss of revenue from the decreased/pulled listings. This has been prevelent for years. (Just My thoughts only)

[hasfam]

I am ignorant when it comes to real legit errors other than the simple die cracks, clashes etc. He gives his credentials as founding member of NCADD and long time member of CONECA. I would have a tendancy to buy into the legitimacy of this item based on that alone.
Rock

[rockdude]

I would think that also but after being on several forums anyone can claim to be whatever they want.

[trails]

I talked with Mike Diamond and he did confirm my thoughts as to what this coin is.

Definitely an acid job

Yes. I do belong to the new watch dog group on Ebay.

BJ Neff

[jcuve]

Thanks for pointing this out BJ.
Is there a way to point out a post to this group? I see some real junk almost daily. I have reported some types of erroneous listings dozens of times and the 'Bay normally won't pull them...

[trails]

Hi Jason - I have just applied for a board seat on the NDRB (Numismatic Dealers Registry Board) which is the group forming to deal with numismatic auctions on E-bay.

I don't know if they will except me since I am not a full or even a part time seller; however, maybe they will see the light of my reasoning that the board should not be made up of all sellers. Just have to wait and see.

BJ Neff

[jpl6332]

I am a board member and it is my hope that all reputable dealers will join the group and abide by its rules. I think I have an okay record of selling quality coins and like the idea of having some sort of oversight. Since EBAY in theory is self regulating ie. Feedback, then why not have the sellers work together to weed out unscrupulous dealers who for the most part are trying to make a quick buck off junk. The group is also working with national law enforcement agencies in case any counterfeit items come up for sale.

[hasfam]

then why not have the sellers work together to weed out unscrupulous dealers who for the most part are trying to make a quick buck off junk.

I don't see a problem selling "junk" as long as it is called as such without the added superlatives misleading buyers into thinking it's something that its not.
Also, does this board of sellers consist solely of eBay sellers? Doesn't that present a conflict of interest or it's potential?
Finally, When does this all begin to take effect and exactly what are the consequences for listing something erroniously?

Rock

[rockdude]

I don't see a problem selling "junk" as long as it is called as such without the added superlatives misleading buyers into thinking it's something that its not.
Also, does this board of sellers consist solely of eBay sellers? Doesn't that present a conflict of interest or it's potential?
Finally, When does this all begin to take effect and exactly what are the consequences for listing something erroniously?

Rock

"and exactly what are the consequences for listing something erroniously?"
Good question, I've run into to many dealers that list something and then cancel the bidding process even tho bids have been made. Why is that allowed? If I make a bid I expect the seller to honor that bid no matter how low it turns out to be. If you don't want to sell it don't list it.

[hasfam]

"and exactly what are the consequences for listing something erroniously?"
Good question, I've run into to many dealers that list something and then cancel the bidding process even tho bids have been made. Why is that allowed? If I make a bid I expect the seller to honor that bid no matter how low it turns out to be. If you don't want to sell it don't list it.

I don't think this is a matter of monitoring how sellers manage their listings. At least that's not the impression I got. Instead, its to flag sellers who are claiming to possess a specific type of item that really isn't.
I might be wrong. Can anyone elaborate more on what this board's responsibilities are or will be?

Thanks,
Rock