eBay announce via email on 17 January 2012, no more replica coins in eBay starting 20 February 2012.eBay define replica coins as a copy or reproduction of an actual coin, including US, foreign and other historic coins. This includes any replica coin whether it is permanently incused with “COPY” or “REPLICA”. This also includes oversized and mini replica coins and replica coins made into belt buckles and jewelry. There are also rumors going around that plated silver coins will be next. I am not a fan of replica coins but a friend of mine who is a seller, will badly affected by the sudden move by eBay. Many collectors support the move by eBay since they're many people selling copy coins as original and many newbies who don't know will be falling in their traps. They're also cases some they sell the coins as COPY but send the coins without COPY stamped on the coins.
Replica coin listings no longer allowed on eBay.com beginning Feb. 202012-01-1710:16:30The eBay marketplace for coin collecting is vibrant. Buyers and sellers alike enjoy access to both a great selection and a highly engaged community. Customers within the Coins and Paper Money category have told us that the ability to shop and sell confidently on eBay is an important factor for them.Based on this feedback, and after closely reviewing the coin experience on eBay, we have decided to update eBay’s Stamps, currency, and coins policy to disallow replica coin listings on eBay.com, effective February 20. Any replica coin listings on eBay on February 20 will be allowed to end normally.This update reflects standards across the coin industry and helps ensure compliance with applicable laws that require replica coins to be permanently marked with the word “copy.” We also expect that this update will increase marketplace confidence by letting our community know that coin listings on eBay are authentic, so they’ll receive the most positive eBay experience possible.As always, thank you for selling on eBay.Sincerely, The eBay Seller Team
I wish Mudah.my and lelong.com.my will try to follow eBay new policy. Lelong has became an online Petaling Street nowadays. What do you think about eBay new policy?
