$50k Casascius Error Coin sold on eBay??

[kodiak1120]

It seems a little shady though because he says he has another one available, but the pictures on both listings are the same.  If you zoom in, you can see that both sets of pictures are indeed of the same coin, since the first bits are the same.

He told you it was sold hoping that would cause you, a potential buyer, to panic buy it at 50k

Perhaps.  It's also shady because, as I said above, the pictures on both listings are the same.  He may have just been too lazy to take pictures of both coins, but I agree that something doesn't seem right. 

[AT101ET]

madness. i would love to see how many ebay sales of these things wind up going horribly wrong. it seems way too obvious a temptation to me.

what with all the different bitcoins floating around right now there's a whole world of possibilities to fool buyers too.

The past year I've had a gpu sell on there, buyer tried returning after 3 months, paypal sided with me and a buyer tried a dispute about a satori coin and I won.  Although I hear horror stories and I could take the risk with low cost items as if I lost no big deal.  Wonder about anything of decent value in crypto and the outcome if anyone has any stories...
[/quote

What was the dispute about with the Satori coin? I’ve heard stories about buyers trying to return faulty GPUs/CPUs to the sellers claiming that they were faulty when they actually swapped the item for the new one that the seller sent.
I’ve never sold any physical coins on eBay due to the fear of chargebacks. The risk always seemed to outweigh the benift IMO.

[RealHummer]

It didn’t actually sell.
Occasionally buyers back out of a sale and the item needs to be relisted.
I used to collect iPods (long story  ) and sellers used to sell the items on eBay for 5-10x the market price in the hopes of selling at least one to a poorly informed/new collector.
I assume the same thing is happening here. Bitcoin is gaining a lot of traction and mainstream adoption so you could assume that more people would be searching on sites like eBay for coins. Looks like the seller is just trying to take advantage of the price and turn a big profit considering that you could buy close to 3 or 4 of those on here for that price.

I thought that an error went for like 1.7ish BTC?

Real Close. Had one listed on Ebay just for the hell of it at 35k and I was the cheapest listed currently. Had a buyer take it just now in BTC for 1.64

[BurtW]

It didn’t actually sell.
Occasionally buyers back out of a sale and the item needs to be relisted.
I used to collect iPods (long story  ) and sellers used to sell the items on eBay for 5-10x the market price in the hopes of selling at least one to a poorly informed/new collector.
I assume the same thing is happening here. Bitcoin is gaining a lot of traction and mainstream adoption so you could assume that more people would be searching on sites like eBay for coins. Looks like the seller is just trying to take advantage of the price and turn a big profit considering that you could buy close to 3 or 4 of those on here for that price.

I thought that an error went for like 1.7ish BTC?

Real Close. Had one listed on Ebay just for the hell of it at 35k and I was the cheapest listed currently. Had a buyer take it just now in BTC for 1.64

I have a few of these and am considering selling a couple.  Was that 1.64 price for a coin graded and slabbed, or just a lonesome old coin?

I would not trust PayPal but would just exchange physical Bitcoins for electronic Bitcoins, that way there is no fear of payment reversal.

[RealHummer]

It didn’t actually sell.
Occasionally buyers back out of a sale and the item needs to be relisted.
I used to collect iPods (long story  ) and sellers used to sell the items on eBay for 5-10x the market price in the hopes of selling at least one to a poorly informed/new collector.
I assume the same thing is happening here. Bitcoin is gaining a lot of traction and mainstream adoption so you could assume that more people would be searching on sites like eBay for coins. Looks like the seller is just trying to take advantage of the price and turn a big profit considering that you could buy close to 3 or 4 of those on here for that price.

I thought that an error went for like 1.7ish BTC?

Real Close. Had one listed on Ebay just for the hell of it at 35k and I was the cheapest listed currently. Had a buyer take it just now in BTC for 1.64

I have a few of these and am considering selling a couple.  Was that 1.64 price for a coin graded and slabbed, or just a lonesome old coin?

I would not trust PayPal but would just exchange physical Bitcoins for electronic Bitcoins, that way there is no fear of payment reversal.

coin was graded MS66 and I didnt take paypal took 1.64 BTC
now suspended on Ebay LOL I guess they monitor your messages. The buyer had sent a pm yesterday so I broke my number down being you cannot send a phone number and just got caught. Received a message stating my account is suspended for 7 days with the exception for prior sales only.