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Coin Replicas no longer allowed (better title than Who Hoo)

Coin Replicas no longer allowed (better title than Who Hoo)

(67 Replies / 2,227 Views)
Coin Replicas no longer allowed (better title than Who Hoo)
Jan 19, 2012 11:53 AM

I have a feeling there will be a lot of discussion about this topic so I wanted to start out.

 

I sell replica coins (under a different account name) and replica coin keychains under this account.  My replicas are 3 inches across (the size of a drink coaster).  I have people who buy them to make Elvis Belts out of them in Las Vegas, some kind of valve cover for Indian Motorcycles (the Buffalo Nickel design), a science teacher buys some each year to chemically alter them in his class, another guy makes coin sets in frames and uses a large one of mine as a display piece at the top of each one, plus magicians use them, coaches use them to toss at the start of  a game, people use them as coasters, paperweights, etc. etc.

 

I am very careful to put the word REPLICA and BIG 3" in all my titles in caps, my descriptions state they are made of zinc, etc. The manufacturer says that due to their size, they don't need to be marked "copy" although 1 of them is.  I would be interested in clarification of this if anyone can quote me the law on that.

 

But anyway, I digress.

 

I sell thousands of these a year (a large portion on Ebay).

 

This new rule will really hurt.

 

If I call Ebay, I will get a rep that doesn't speak English and has no idea what I am talking about, if I email, I will get a canned response.  Any idea how I can protest this to Ebay?

 

And I wonder how far they will go with this.  Are 1 pound silver buffalo nickel rounds replicas??  How about coin earrings, bracelets, etc not made with real coins?  This will affect jewelry sellers.

 

Just needed to vent more than anything, but I am interested in other peoples opinions.  Yes, I know there are some people who sell fakes as real coins, but those people should be prosecuted instead of punishing good sellers who provide items with a high demand.

 

 

Page: 1 of 3
 
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by terry5732 (5147 ) View Listings
(67 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Mar 18, 2012 12:17 PM

I wonder if my wooden nickel will get pulled

(66 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Mar 18, 2012 10:06 AM

I have had 7 listings pulled for replicas. All these were listed prior to the 20th of Feb. They were listed on the 19th. I thought Ebat said they were going to let the listings run to completion. I had 2 days left on them with tons of watchers. I am wondering if others have had there listings pulled. I appreciate all responses.

(65 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Mar 15, 2012 02:46 PM

Half fast and ham-fisted... that's the eBay way! 

 

Sorry...

(64 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Mar 15, 2012 09:49 AM

Well, I guess it is official (since NUMEROUS emails to several depts and people on Ebay have gone unaswered for clarification of the new replica coin rule)...

 

3 listings for my large replica coin key chains were pulled today...

 

Here is the explanation email...

 

Unfortunately, we had to remove your listing because of the following:

This listing was for a coin or bullion that appears the same or similar to a coin that was issued by a government mint. This is considered a "replica" coin which we no longer allow on our site, regardless of size or age. We ask that you please do not relist this item.

We appreciate that you chose to list this coin on our site and we realize you may not have been aware of these policies. All listing fees have been credited back to your account. Please do not relist this item.

 

I put the emphasis on size or age but that is what I (and MANY other sellers) have been asking for clarification of since the new rule went into effect.

 

So I guess if it looks like a coin but isn't... then it is no longer allowed on Ebay period.  I feel for those Fisher price toy sellers who sell the "money sets" so your kids can learn how to make change etc and the jewelry sellers, and everyone else who sell legitimate items on Ebay.  Since there are NO exceptions evidently.

(63 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Mar 1, 2012 09:23 AM

IMHO anyone who is "fool"ed by a clearly stated 3" diameter oversized replica of a Roosevelt dime deserves not to be allowed on feebay. 

 

That's just me.

(62 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Feb 22, 2012 02:17 PM

Well, the policy is updated.  There isn't much there, the changes are minor (unfortunately, the page revisions are so minor, most people wouldn't know or see the difference).  Thankfully, there are no surprises that I could see. 

 

Replica coins are simply prohibited.  No details, no clarifications for novelty items or contemporary counterfeits, no indication there was even a policy change for those who might not know about it. 

(61 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Feb 20, 2012 03:29 PM

Items listed prior can continue to run past the 20th

(60 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Feb 20, 2012 01:08 PM

it's a fake one!  here is the 20th, and the policy change has not taken affect!

 

 

Well, at least they've not revised the policy page yet..

 

http://pages.ebay.com/help/policies/currstamps.html

 

I posted the link so it will be easy to check back on it.  I'm still interested to see what the exact verbiage will read, and more importantly what other "revisions" appear that no one has discussed or anticipated.

(59 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Feb 20, 2012 12:25 PM

it's a fake one!  here is the 20th, and the policy change has not taken affect!

 

(58 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 26, 2012 06:04 AM

Well... I am frustrated (is this a new feeling with Ebay??).

 

The pink on the Fakes and Forgeries board says my large 3" replicas will not be allowed (read earlier post in thread), but the Ebay employee who I talked to (and wrote me back) says they WOULD be allowed.

 

I wrote my rep back and told him what the other one said.  I waited 3 days and got no response.

 

I wrote him back yesterday asking if there was a superior I could talk to to clarify this new rule and if it does affect me, who I could appeal to about this.

 

Of course, I have not heard back.

 

Also, evidently my application to the Fakes and Forgeries board was denied or ignored since I haven't heard anything in a week from them.

 

Any advice as to anyone at Ebay I can email or contact? Anyone have any "inside" email addresses from people you have dealt with that actually helped you?

 

Thanks!

(57 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 23, 2012 01:36 PM

SInce I keep hearing its Gresham's Law  that the bad counterfeits and replicas are driving out the good counterfeits/replicas simply ban all Chinese coin sellers from posting coins on E-Bay UNLESS they meet one of these three criteria: 1- They are slabbed from a current approved E-Bay slabbing firm like PCGS/NGC. 2. They can be pedigreed to a major sale where the seller must illustrate their lot ticket in the pics in the description and 3. The seller has over say 100 transactions - all 100%positive. then (1) and (2) are optional. If the Chinese seller is that good with his merchandise and its makes a Coinage article it simply will be sold as a genuine at $9.99. In some ways its unstoppable. My three tier method which can also be expanded to other foreign countries would cut down on these pieces. Keep the replicas and fakes in their seperate category. My clientile would follow me in this category or use the proper search words to purchase my material - if that is absolutely necessary. To ban historical replicas is an extreme but obviously there is an issue - but my point here is reading every post here I ahve not seen one real good solution or comment to stop these well made key date US pieces from entering collections. When you really think about go to one of these shows and ask any U.S. Collector who is going to pay $1,000 from an E-Bay seller from China? Even from a fellow American at the show? Why does Heritage mandate a 100% slab selling policy in their auctions?

 

1 - These sellers routinely offer fake coins in fake PCGS/NGC holders.

 

3 - These sellers may easily have over 100 f/b.  There are scammy Chinese sellers who use well-established accounts, with thousands of good f/b (typically from selling beads or cheap jewelry items), to sell fakes, to sell stolen photo listings for 1 Oz. gold, and rip off six figures.  By using these accounts, they're usually beyond the PayPal 21 day hold, and run off with quite a bit of money.

 

I don't know what you'd find by quizzing people at shows, but buyers on eBay will, and do, bid thousands, even tens of thousands, on coins from sellers in China.  They have no problem getting people to buy 1 Oz. "gold" bullion at 20% below spot, 50 or 100 listings at a pop.  Nevermind that many of them have registered accounts here, in Canada, or change their item locations to California.

 

The problem with "keeping them in a separate category" is they send 90% of them without markings, as frankcoins explained above. 

 

This policy is probably only minimal in keeping this stuff out of the U.S., because there are plenty of other channels by which this stuff can be sold and sent to the U.S.  But eBay can only do something about what goes on at eBay, it's a good policy idea.  It probably needs some minor revisions, to:

 

1.  Allow legitimate collectible contemporary counterfeits to be sold.

 

2.  Deal with people selling novelity items (like the 3 inch zinc "replicas, or "Obama Dollars"), that are clearly not designed to deceive anyone. 

 

A lot of major auction outfits mandate slabs... they only deal in higher value items, they bring better money slabbed, it makes sense.  Yes, it helps with grading disputes, and authenticity issues, too.  But it won't work here, this isn't a high-end auction house, and it doesn't do a thing about Chinese fake slabs - Heritage can screen for them, eBay can't.

(56 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 23, 2012 01:31 PM

1- They are slabbed from a current approved E-Bay slabbing firm like PCGS/NGC.

 

that won't work... they're faking the slabs too...

(55 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 23, 2012 10:48 AM

SInce I keep hearing its Gresham's Law  that the bad counterfeits and replicas are driving out the good counterfeits/replicas simply ban all Chinese coin sellers from posting coins on E-Bay UNLESS they meet one of these three criteria: 1- They are slabbed from a current approved E-Bay slabbing firm like PCGS/NGC. 2. They can be pedigreed to a major sale where the seller must illustrate their lot ticket in the pics in the description and 3. The seller has over say 100 transactions - all 100%positive. then (1) and (2) are optional. If the Chinese seller is that good with his merchandise and its makes a Coinage article it simply will be sold as a genuine at $9.99. In some ways its unstoppable. My three tier method which can also be expanded to other foreign countries would cut down on these pieces. Keep the replicas and fakes in their seperate category. My clientile would follow me in this category or use the proper search words to purchase my material - if that is absolutely necessary. To ban historical replicas is an extreme but obviously there is an issue - but my point here is reading every post here I ahve not seen one real good solution or comment to stop these well made key date US pieces from entering collections. When you really think about go to one of these shows and ask any U.S. Collector who is going to pay $1,000 from an E-Bay seller from China? Even from a fellow American at the show? Why does Heritage mandate a 100% slab selling policy in their auctions?

(54 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 23, 2012 04:14 AM

I ordered some "replicas" from various Chinese sellers back in 2009, and some of my photos were published in the July 2009 issue of Coinage.  NONE had the required COPY stamp, and the .900 silver Flowing Hair and Draped Bust coinage was in spec and very dangerous.  We showed some of these at the May 2009 TNA show.  About half of the DEALERS were fooled and offered to buy the fakes.  Of course professional dealers know about these now, but  small mom & pop coin shops, flea markets, pawn shops are still being cheated by this stuff, and  unless you are a reasonably advanced collector, it passes. Cutting off the supply of this stuff through eBay is the right thing to do, even if some legitimately collectible coins can no longer be sold on eBay.

(53 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 23, 2012 03:19 AM

If there is a market for replica's and copies then ebay is stupid to cut that market out.  Instead, they should focus on setting buyer expectations by working on ways to separate the replica's from the genuine and making the replica's obvious to all buyers so no one accidently buys one....

 

Opps...  I'm sorry.  I didn't mean to bring common sense to the matter.  :)


Photobucket

(52 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 22, 2012 07:51 AM

The real question here as an example is how do we keep a legitimate contemporary counterfeit like a James I Shilling in TIN instead of SILVER that would say bring 100 English pounds in a Spinks/Baldwins/Diz Noonan Webb auction and have that pulled now on E-Bay under these new guidlines. There are 100's probably not 1000's that collect these type of coins with as much passion as the regal silver pieces. We really need an exception to this new poilcy - perhaps with proper documentation and then its E-Bay's call to pull or not pull the auction. Just a thought ...

(51 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 04:11 PM

found this on my webmail account. looks legit"

Dear coinsaver1:

The eBay marketplace for coin collecting is vibrant. Buyers and sellers alike enjoy access to both a great selection and a highly engaged community. Customers within the Coins & Paper Money category have told us that the ability to shop and sell confidently on eBay is an important factor for them.

Based on this feedback, and after closely reviewing the coin experience on eBay, we have decided to update eBay's Stamps, currency, and coins policy to disallow replica coin listings on eBay.com, effective February 20. Any replica coin listings on eBay on February 20 will be allowed to end normally.

This update reflects standards across the coin industry and helps ensure compliance with applicable laws that require replica coins to be permanently marked with the word "copy." We also expect that this update will increase marketplace confidence by letting our community know that coin listings on eBay are authentic, so they'll receive the most positive eBay experience possible.

As always, thank you for selling on eBay.

Sincerely,

The eBay Seller Team

 

(50 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 03:41 PM

I believe we have established that it is not a spoof or a fake.  The ebay pink "Judith" confirms it is real and several outside links to the new policy have been posted.  The fact that it did not show up in "My Ebay" mail is meaningless.  I get many emails from ebay straight to my email address without showing up in "My Ebay" messages.

 


"climate is what we expect weather is what we get" M. Twain

(49 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 02:56 PM

I sent it to Ebay and they told me it is a spoof or phishing, IT IS NOT A REAL POLICY

 

Well, if it's a spoof or phishing email it seems to have made it's way to many eBayers emails. If so, it seems it may have gone to anyone who has ever listed coins. If this is so, it would give me great concern. How would they have gained the email addrress of so many? It seems very wide spread.

 

I don't profess to know how spoof or phishing emails work, but I would think they are random (not directed at a "specific" area of interest) I only know fellow eBayers who have sold coins, and they did receive this.

 

It would be interesting to know if non coins sellers received the same email.

(48 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 11:43 AM

Will their listing get pulled after the new policy starts, if they're unable to say it's authentic?

 

That has been the case with the Coin Selling policy for quite a while now... disclaimers about "I'm no expert, I don't know for sure if it's real", etc. have been prohibited.  I'm not a great fan of that policy, but the problem is someone who is being realistic and honest when saying that, versus the people who know full well their item is fake and say it anyhow as some sort of excuse or to mislead people.   Authenticiy disclaimers are now forbidden site-wide, so any dislclaimers are not allowed.  You're allowed to say it's authentic, but don't have to... the presumption is that it is authentic whether you say it or not, and in Coins it's an automatic violaiton if it is not.

(47 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 11:37 AM

In any case, the scammers aren't going to stop (seems to be what you're saing too). So it still begs the question, why does this new policy spill over to jewelry? Clearly no costume jewelry should be listed in the coins area, unless the piece does contain an authentic coin.

 

I can only assume the policy is site-wide because our scammy friends tend to list fake / violating stuff in other categories to escape the rather high scrutiny from a particular user group in the Coins categories.  The Antiques category, for example, picks up quite a few counterfeit coins from sellers who've found their listings don't last long when listed in "Coins".

(46 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 10:24 AM

It's not like a scammer is going to buy a coin necklace which has a fake coin in it, remove it, then be able to sell it as real on eBay.

 

you can bet your bottom dollar that it happens regularly... and not just on feebay...

 

I understand and know it has and does happen.

 

My point was/is, with the new policy it's less likely to happen "because" of the new policy. It would be too hard to list, say a one sided coin made for jewelry only. Or even if it had both sides, (referring to an ancient roman copy made for and used as a jewelry piece only) as the seller would be required to say it is authentic.

 

In any case, the scammers aren't going to stop (seems to be what you're saing too). So it still begs the question, why does this new policy spill over to jewelry? Clearly no costume jewelry should be listed in the coins area, unless the piece does contain an authentic coin. And, anyone looking for coins in the costume jewelry area doesn't need a nanny to watch over them. If they're looking in the costume (or even fine) jewelry area for a coin, they should be capable of looking after them selves, buying at their own risk then. IMHO, it's just silly for eBay to make this policy so strict for jewelry. As it's also just plain silly to restrict a seller from selling a 3" Buffalo nickel copy.

 

And, you can bet China sellers will still be listing their fake coins. Might slow them down from selling fake US coins, but chinese fake coins will still be listed.

 

Besides all the above, I enjoy doing searches for unknown, unattributed, unusual, unidentified coins, from people who genuinely didn't know what they had and listed as such.

Will their listing get pulled after the new policy starts, if they're unable to say it's authentic?

I've bought some pretty nice coins using this search. Only once did I ever receive a copy, but I bought at my own risk knowing it could be a copy (the price was certainly worth the risk) and it was still silver.

(45 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 21, 2012 07:27 AM

Good for all buyers. Awhile back i bought what was thought to be a 1925 commemorative coin turned out to be a fake. Also i felt the copys devaluaed the real stuff being listed back to back. Never understood why they let the fake stuff post with the real stuff.   Good now i can look at only real stuff, and not be forced to look at fake stuff. :)

(44 of 67)
Re: Coin Replicas no longer allowed (better title than Who Hoo)
Jan 20, 2012 04:07 PM

If anyone thinks this will stop the China sellers from listing counterfeits they are delusional.

 

What is really ironic is that Ebay allows Chinese sellers to sell coins that both the Chinese government and the United States government have agreed to ban from export out of China and will not be allowed into the United States.

 

Many of the old or purportedly old Chinese coins listed by Chinese sellers are banned from being exported and can be legally confiscated by US Customs upon arrival into the United States. 

 

old press story:

"On the 30th anniversary of entering into diplomatic relations with the People's Republic of China, the outgoing Bush Administration announced Jan. 14 that it had entered into a memorandum of understanding with the PRC that will make illegal the export from China, or third countries into the U.S., certain cultural properties more than 250 years old.

Import restrictions were imposed on specific categories of archaeological material from "The Paleolithic Period Through The Tang Dynasty," as well as "Monumental Sculpture and Wall Art at Least 250 Years Old.""

Included are all coins to the Tang period, period.

 

I think Ebay should ban the sale of all Chinese coins that were covered in this memorandum.  It's the law.

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