topic Re: Fake silver in Selling

Fake silver

thc9 — Wed, 25 Jun 2025 03:54:29 GMT

What is wrong with eBay that it allows people who are obviously selling fake silver to be selling fake silver?
So many people selling fake silver coins the company has lost credibility.
Poor business model on eBay's part.

Re: Fake silver

sandypebbles — Wed, 25 Jun 2025 03:59:24 GMT

You will need to take it up with eBay and the buyers who choose to support such dodgy sellers by buying

Members here are not responsible for what eBay does/doesn't do, nor other seller's actions, nor other buyers buying choices

eBay has never had staff to go and inspect silver (or anything else) to see if it is genuine or not

Nor would they have any idea what they are even looking at/for

Nor do eBay vet listings

You say it is obvious

So then why are buyers continuing to buy?

Re: Fake silver

twyngwyn — Wed, 25 Jun 2025 04:59:12 GMT

See this thread: https://community.ebay.com.au/t5/Selling/Fake-stamps-and-silver-coins/m-p/2621953

Re: Fake silver

countessalmirena — Wed, 25 Jun 2025 09:47:58 GMT

Unfortunately eBay acts as a platform rather than as a distributor.

One might take some issue with this… eBay’s role in actually receiving and disbursing the payments changes the dynamic, in my opinion, but as it stands, legally eBay doesn’t bear responsibility for the items listed.

However, eBay do give a Money Back Guarantee subject to certain terms and conditions. That’s strong protection.

Re: Fake silver

thc9 — Thu, 03 Jul 2025 02:33:57 GMT

The question could be asked how do sellers sell numerous items but then one can't find feedback from buyers for literally hundreds of sales.
Of course it is obvious it is fake when a seller can walk into, or mail to, their nearest bullion broker and get significantly more than their asking price.
Take this listing for example:
SOLD 277 of these but has just 2 feedbacks for them

And if it is real then this seller is literally giving up over $30 per coin compared to what is a standard rate with a broker. 277 sold - The seller is over $8000 worse off than just ringing up a broker and arranging to send it all to them.
There are loads of these listings.
Either the sellers are absolutely mentally defective or this is not real 99.99 silver.

It just erodes the integrity of the platform that it allows the gullible to be preyed on.

Re: Fake silver

springyzone — Wed, 02 Jul 2025 22:59:00 GMT

You're probably right but at a guess, a lot of ebay buyers don't check out bullion brokers.

They wouldn't have a clue. They take the ads at face value.

Ebay has a fair bit of 'fake' stuff for sale, especially from China.

It does (in my eyes) erode a bit of confidence in ebay, to the extent I think all buyers should be very wary what they buy on ebay and who they buy it from. Ebay could do more.

Re: Fake silver

domino-710 — Thu, 03 Jul 2025 01:08:05 GMT

Did you actually look at the link you added.

If not - have a good look - this is not advertised as 99.99 silver - it is in fact - silver plated.

Admittedly this is totally misleading.

1oz solid 99.99% silver coin 2021 Kangaroo Perth Mint Uncirculated FREE SHIPPING

Re: Fake silver

fidemaster02 — Thu, 24 Jul 2025 05:20:08 GMT

I reported three more Conspirator Ebay Sellers from same RATPACK...they are selling MASSIVE numbers of Silver Coins which one seller said:

perelieed

Hi, dear buyer
Thanks for your message.
This item is sourced from one of our trusted third-party manufacturers, not directly from the brand itself.
However, we've carefully vetted our suppliers to ensure the highest quality and performance, and we've received consistently positive feedback from customers who love it!
Cordially.

Now this is Counterfeiting a National Currency as REAL COINS are LEGAL TENDER! If I start Printing Australian $50 Notes in my Garage and sell them for $10 Ill go to PRISON!!!

Re: Fake silver

fidemaster02 — Thu, 24 Jul 2025 05:23:22 GMT

Rubbish.

If Ebay contributors like myself report Counterfeiting and Fraud in form of Organised crime DE-basing Australian Sovereign Currency The Australian Court System would have to fine EBAY for profiteering in a criminal enterprise (KNOWINGLY).

Re: Fake silver

sandypebbles — Thu, 24 Jul 2025 05:30:58 GMT

No use telling me, nor the other members here

Tell it to the buyers who choose to keep these scammers in business

Why are you even communicating with these scammers in the first place?

Especially one who is registered in China and has feedback down the toilet?

Why give them the attention?

Anyone with any common sense can instantly see they are a scammer selling carp

Re: Fake silver

sandypebbles — Thu, 24 Jul 2025 05:36:23 GMT

Not rubbish at all, just because you don't like a factual reply

Every listing has 'seller is responsible for all listings'

Please do go ahead and report them, nothing is stopping you

Also report the buyers buying the fakes, knowingly

They are supporting the grubs, knowingly

Rubbish that buyers who buy obvious fakes for $$$$$$$$$$$$ off sellers registered in China with feedback in the gutter 'don't know' what they are buying

Fine the sellers and the buyers

Re: Fake silver

domino-710 — Thu, 24 Jul 2025 05:48:31 GMT

Name one silver coin that is legal currency - now - in Australia.

Don't bother with the 1966 50 cents - you'd be more than hard pushed to find one circulating.

Re: Fake silver

springyzone — Fri, 25 Jul 2025 20:55:45 GMT

I'm not convinced that most buyers do know they are buying fakes.

Probably half of them don't even realise they are buying from China.

You and I would be more wary, for sure. We'd check seller location and read the actual ad.

I don't know what is going on in some buyer minds though. They see an ad, look at the pictures and the title maybe and that's it.

I doubt a lot of them even realise they have received a fake.

They probably give good feedback, if anything.

I agree, lots of buyers are just not taking care who they buy from or where.

I don't think some of them really know how to check properly.

If there is a problem (and fidemaster seems to have uncovered that there is), then maybe ebay needs to step up a bit. Do a bit more.

I was reading recently that sites such as facebook and paypal are facing increased scrutiny now & suggestions are being made that they need to do a lot more to weed out the obvious scams.

So it may be only a matter of time before ebay has to lift its act.

Re: Fake silver

sandypebbles — Fri, 25 Jul 2025 22:37:59 GMT

My point is, they don't care

They don't care what they buy nor from whom

Which is a choice

If someone doesn't know how any site works, or what they are buying, or who they are buying from, or what red flags are screaming in their face or what to do when they do buy rubbish from scammer sellers, no amount of educating or protections or tools is going to help

They will always have a 'not my responsibility to know any of that, it was listed so I had to buy it

Ebay needs to weed out scammers

Just as buyers need to stop helping scammers stay in business and by not accepting any responsibility whatsoever for poor buying choices

Re: Fake silver

domino-710 — Sat, 26 Jul 2025 01:17:08 GMT

I don't understand at all - how these sellers are managing to get away with listing 1oz 99.99 ' solid ' silver coins for around 12 bucks - with free postage to boot - when the current price of an ounce of silver is around AU$58.

But there you go.

Re: Fake silver

sandypebbles — Sat, 26 Jul 2025 01:23:57 GMT

Guessing those that do it are mostly after the names/addresses etc of those who happily buy the 'little fish' so they can hit such people with whatever the bigger part of their scam might be

eBay don't care, just as they don't/didn't care about all the accounts that were hijacked by the scammer in Brazil, happy to let them go for it

Buyers ought to care

As I've said, there more than enough red flags for one to engage common sense on these listings

Re: Fake silver

siddieswans — Sat, 26 Jul 2025 03:41:18 GMT

Because if you scroll down to the description you will find terms like "Steel core silver plated" (949 sold) or "Material:Alloy Silver Plated". In other words what they are selling is silver plate, not solid silver. So their title is mis-leading, but the description tells it all. Presumably if someone raised a case with eBay they would be OK because they could always say it was correctly described there. It is really no different to someone having a title that says "Rhoda Wager Brooch"and a description that says "In the style of famous Australian jeweller Rhoda Wager."

What the buyers of the "1oz 99.99 ' solid ' silver coins" think they are getting I have no idea. Do they bother to scroll down to the description? Possibly the price is fair for the silver plate souvenir coins they are selling - I wouldn't know. I fully agree that no amount of attempted education will deter people who think they are buying the bargain of the century.

Re: Fake silver

countessalmirena — Sat, 26 Jul 2025 04:45:02 GMT

That’s the bewildering part of it; the buyers in the main genuinely think they’re snagging a tremendous bargain, who don’t think carefully, who (increasingly) don’t want to be bothered with reading the full description. To me, it’s both frustrating and saddening. Part of me wants to knock their heads together, while another part of me empathises.

The main reason why the phrase “Caviat emptor” is employed so often centuries after it was coined is because buyers often don’t beware. It’s part of human nature to be able to be fooled, which is why scams are big business and cons have always been run.

Some people are more wary than others and are less likely to be fooled, but it isn’t straightforward.

Because it’s so intrinsic, I believe eBay (for example) should be doing more to weed out sellers who are obviously fooling their buyers - in concert with buyers employing more diligence and being sceptical of things that are too good to be true.

To the tune of “Don’t be cruel”…

🎶 “Don’t be fooled by a coin not true…”

Re: Fake silver

domino-710 — Sat, 26 Jul 2025 05:11:39 GMT

I'll up your ' Caveat Emptor ' - with - ' Nimis Bonum Ut Verum Sit '. 😀

Re: Fake silver

countessalmirena — Sat, 26 Jul 2025 05:18:49 GMT

Very true - and in concert with that, nullum gratuitum grandium!

🚫🆓🥪