Featured The Coin Guy offered $450 for My 14K Watch Fob,then I looked on Ebay.

Discussion in 'Jewelry' started by bosko69, Jul 12, 2022.

  1. wlwhittier

    wlwhittier Well-Known Member

    There ain't...nowhere...any such a thing!
     
    bercrystal likes this.
  2. bosko69

    bosko69 Well-Known Member

    Yep Whit-except for a very plush 'trust fund' (maybe,barring a worldwide depression).
     
    wlwhittier likes this.
  3. wlwhittier

    wlwhittier Well-Known Member

    I failed to consider that, bosco. Almost unimaginable, though...
     
  4. evelyb30

    evelyb30 Well-Known Member

    Which, the crash or the trust fund?

    Those delayed chargebacks are a rarity, but they happen. With Paypal there's generally no fee attached, but if the scammer used a credit card eBay will sock you for the shipping, the original selling price, and the $20 chargeback fee to boot. It's possible to win a chargeback, but since you're dealing with eBay instead of the credit card company (who won't even talk to you) it's not easy. AND you get a service metrics and account ding to boot even though you did everything right.

    For some things you're far better off consigning to local auction. The auction house cuts you a check and anything afterward is their problem.
     
  5. bosko69

    bosko69 Well-Known Member

    Ebay sounds like a nervous breakdown waiting to happen.People seem to do it fairly successfully,it literally does sound like a minefield when it goes wrong.
    Do You get the 'chargeback' on a simple return or if the Buyer accuses You of some type of fraud/misrepresentation/breakage/faulty packaging ?
    Some Sellers state-'No Refunds'. I can see why big ticket items are risky.
     
  6. evelyb30

    evelyb30 Well-Known Member

    I did it for almost 18 years. Still have stuff running, but it's drawing to a close.

    Chargebacks happen when a buyer files through a bank card or credit card, not through eBay. Sometimes they do it by honest mistake, sometimes because they've exhausted all of their Money Back Guarantee returns and sometimes I think just for sh**s and giggles.
    If the buyer files an NAD "case" the seller gets a choice of return and pay postage both ways, or let the buyer keep the item and be out the item and all the money. You can't really fight them, although you can report the buyer afterward for misuse .. and still be out the money.

    No returns is possible, if a stupid mistake in most cases. No refunds is not possible. There are only final sales on some sneakers ... sometimes.
     
  7. bosko69

    bosko69 Well-Known Member

    So in all cases the Seller pays for round trip postage+ bank charge.Folks must be hard-up for a venue to sell their goodies,Ebay sounds heavily weighted towards the Buyer.
    Have You tried Etsy ? Yay/Nay or same traps.
     
  8. evelyb30

    evelyb30 Well-Known Member

    It is. It wasn't always this bad and these disasters aren't common. I've never sold on Etsy but others have.
     
  9. wlwhittier

    wlwhittier Well-Known Member

    I'm an eBay seller, and I accept returns only in case of gross misrepresentation, AKA Not As Described. I've not ever had an issue with that, nor had any returns.
    I'm not sure I understand what you mean by your comment. Can you please illuminate?
     
  10. evelyb30

    evelyb30 Well-Known Member

    If the buyer wants to return an item, more common in some product lines, they file an SNAD for any excuse at all. Including made up ones - it's happened to me before. (had a plastic necklace returned because it was plastic. The buyer was hoping I was actually selling amber and my title, category and description were all wrong.) The seller, if they say No Returns loses their item AND their money, and never gets asked to accept a return. It's common to have No Returns for things like sports cards, but suicidal if you sell clothing or jewelry.
     
  11. terry5732

    terry5732 Well-Known Member

    Recently I have have numerous returns for gold jewelry items where i didn't list the weight.

    In all cases it was someone hoping they were heavier than the price.

    The last couple broke their items to make their return sound more legit.
     
  12. evelyb30

    evelyb30 Well-Known Member

    One more reason not to sell gold on Eboo. That, and my local pawn pays cash.
     
    bercrystal likes this.
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