Buyers need to BEWARE of TRADE DOLLARS being sold from China, found quite a few of the Trade Dollars and looked very closely at the pic and the price wasn't right. Way too low for a $250.00 ++ coin. I emailed the seller and asked why the feedbacks were private, already had a dozen or so of negatives; the reply was they're private cause they are. All you buyers had best beware of anything coming out of China. If the feedbacks and bidders list cannot be viewed, best question the auction of that coin!!!!!!
Pay particular attention to details on the coins, use your coin grading books or visit several web-sites that have excellent photos of coins in high definition.
Also, in Coin Market Price Guide, in G-4 condition, the starting price varies from $60.00 to $275.00, in XF there isn't a coin below $120.00. Suggest you really use all the resources available before bidding on the FAKE Trade Dollars being offered on auction. As the old saying goes, if it's too good to be real, then BEWARE!!!!
#4 UPDATE: I just got an email from a gentleman over in Dusseldorf, Germany, where he was shopping the flea markets. Lo and behold guess what he found?? Loads of Trade Dollars, Morgans and a few others all be peddled very cheaply. So folks, you also need to watch out at the flea markets while you're looking for them bargins. It all goes back to the buyer beware, one must do your research before buying coins from anyone.
# 3 UPDATE: I personally emailed one individual selling from China asking them who the grading company was that was grading their coins and also how long have they been in business. You guessed right, no answer whatsoever. Now one must watch for the FAKE SLABBED COINS. One of the other items one needs to keep an eye on if things look suspicious on the auction is how many times has the seller changed ID's??? I spent some time looking at a few of these sellers from China and now Japan, they all have numerous ID changes. I also see some Trade Dollars being sold from within the US and hidden down in the fine print are the words informing one that the coin is a replica. Question, why isn't this in the Title area or why doesn't ebay require that information upfront like they do on whether the coin is certified, business strike, etc. etc.?? After doing considerable looking in the Trade Dollar category, I see less and less of these being auctioned from China. So one of several things are happening: The sellers are getting the hint or the buyers are becoming knowledgeable and are ignoring the fakes. I have received numerous emails from potential buyers and some that weren't so lucky commenting about my guide on Trade Dollars, all very positive.
# 2 UPDATE: Was browsing through the Trade Dollar auctions and have noticed that the word has gotten out about the coinage coming out of China. There are just a very, very small handful of buyers. Hopefully they don't get burned too bad. There is a lot on non bidding auction from about 4 or 5 sellers out of China without any buyers. I have gotten numerous emails commenting about my posting and how thankful they were after reading and then bypassing the coinage from China. Sure glad I and a few other could help.
# 1 UPDATE: Was browsing through the Trade Dollar listings and found this for auction, 1875-CC America Trade Silver Dollar.Au++. Spent some time looking at the photos and noticed there was only one "C" for Carson City, reported this one to ebay for being a FAKE, put it on my watch list and noticed the auction closed this morning or late last nite and some poor buyer got for $91.00. This is a crying shame, especially when ebay knows what is happening. I couldn't warn the buyer, bidders list was private and also the feedback list is private.
Also BEWARE of Spanish, French Indo-China and Mexican coins. Dates vary from 1700's for the Spanish, 1800's for the Mexican and 1900's for the French Indo-China. My BIG QUESTION is how many of these "CC" Trade Dollars does one individual have in possession??? Sure wish I had one of every coin that is coming out of China, I would be one RICH dude.
Another BEWARE, now there are Certified slab coins coming out of China....the question is, who certifies coins in China?? Has the bar code and the serial numbers, but everything else is in Chinese.