The process allows you to start a dispute with a seller, and eBay will step in as needed to make things right. This guarantee offers your money back if you don’t receive the item you ordered. Utilize the eBay Money Back GuaranteeĮBay does offer a bit of protection in the form of their Money Back Guarantee. They could be unknowingly selling fake coins, or mislabeling coins as something they are not.

If you see a seller with good ratings, but they mostly sell toys or electronics, they may not know much about coins. It’s best to buy from sellers who frequently sell coins and collectibles, because they are more likely to be able to spot fakes. This helps insure that you’re working with a quality seller, and reduces the risks of scams. Buy From Reputable Sellersįirst and foremost, make sure to buy only from sellers with a good reputation and high average customer ratings. If you do choose to buy collectible coins on eBay, here are some best practices. If you’re bidding on less-popular items, you could potentially score a good deal from an auction. There are literally millions of coins listed on the platform, from ancient relics to modern collectibles.Īnother potential benefit is the auction format of many listings. The biggest benefit is the massive selection. Benefits of Buying Coins on eBayĪs long as you navigate things safely, buying coins on eBay can be safe and enjoyable. Live in the Seattle area? Bellevue Rare Coins is the best coin shop in the Seattle area with 4 convenient locations. Be sure to price compare where possible, and contact your local coin shop to see if they have what you’re looking for. Or, the shipping cost is so expensive that it outweighs the good deal you got on the coin. In addition to these risks, keep in mind that some items on eBay may be overpriced. The item might not be in the condition that it was described as (it’s sometimes hard to tell from pictures alone).While many scammers get caught, it’s relatively easy to create a new profile on online marketplaces and start all over again. Unfortunately, this is quite common - not just on eBay, but through all sorts of venues.įake coins are very common in circulation, and scammers often buy them to sell them as real coins. The biggest risk of buying coins on eBay is getting fake or counterfeit coins. If the seller has many negative reviews, be wary.

If a seller has a good positive feedback rating, there’s a good chance that they’re safe to buy from. This will display the seller’s name, average customer rating, and a link you can click to read reviews. When you look at a product listed on eBay, you’ll see “Seller information” on the product page. Is Buying Coins on eBay Safe?īuying collectible coins on eBay can be safe, as long as you buy from a reputable seller.įortunately, eBay has a customer feedback system that makes it relatively easy to determine if a seller is legitimate or not. Here’s everything you need to know about buying coins on eBay. It can be totally safe to buy coins online, if you know who you’re buying from and what to look for. Whether you’re an avid collector or just getting started, you may be wondering: Is it safe to buy coins on eBay? (Or other online marketplaces, for that matter!) Coin collecting is a wonderful hobby, and there are many good places to shop for your next find.

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