Is buying coins on eBay safe?

Is buying coins on eBay safe?

Always check seller feedback before making a purchase – If the coin seller has lots of positive marks and has been around for a while, you’re probably OK. Avoid sellers who have negative marks though. Buying slabbed coins on eBay from reputable firms like PCGS, ANACS, SEGS, NGC, and ICG, should keep you in the clear.

Are coins on eBay fake?

It has been estimated by some numismatists that more than a third of all ancient coins sold on eBay are counterfeits. Ancient coins are particularly vulnerable to counterfeiting because of their lack of standardization. The quality level of hand-struck coins varied dramatically from mint to mint.

Can you sell fake coins on eBay?

Replica currency that follows our rules can be listed on eBay, but replica coins and counterfeit currency are not allowed.

How do I know if my eBay purchase is legit?

Generally, look for sellers that have a higher number of feedback ratings. If you’re looking at a product and the seller has 300 feedback ratings and a positive feedback score of 98%, it indicates a very reputable seller. You don’t have to investigate this seller further.

How do I stop buying fake ancient coins on eBay?

Never buy coins from any seller using private listings no matter how tasty the coins look. Nearly all purveyers who knowingly sell fake coins or who routinely mix bad with good, use private listings so that buyers cannot be alerted after the auction closes through their feedback.

Can you sell fake stuff on eBay if you say it’s fake?

What is the policy? Counterfeit products are illegal and not allowed on eBay. Examples include: Fakes, copies, or replicas of brand name items (for example, a shoe with the Nike name or logo that wasn’t made by Nike)

What to do if you buy a counterfeit item on eBay?

If the merchandise is fake, report the listing to eBay and let them take action to enforce their policies. Then reach out to the seller by opening up a return and requesting a refund.

How do you test a silver coin?

The great thing about silver is that it has a certain high-pitched ring to it when struck with another metal, many people refer to this as the ping test and it works fairly well. To do this, simply place one silver coin on your fingertip and take another between your thumb and forefinger and gently tap your coin.

How do you tell if a coin is a copy?

Use a scale that is accurate to within 0.01 grams to measure the weight of the coin. Compare your results to that of the genuine coin. If they are significantly off, you may have a counterfeit coin. Use an extremely strong magnet to see if the coin is attracted to it.

Are Antiquities on eBay authentic?

Planning to buy an ancient coin on eBay? Perhaps it would be wise to reconsider. Up to 80 percent of the antiquities for sale online are likely looted or fake, according to new research. The Wall Street Journal has conducted a thorough investigation into the surge in illicit antiquities bought and sold online.

Why are ancient coins so cheap on eBay?

demand. Greek coins are generally scarcer than Roman coins and tend to cost more. Condition is also a major factor when it comes to cost. Ancient coins that have survived in near mint condition will price many times higher than coins that are worn from use.

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