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If you buy coins on eBay, you must take caution out of a number of things.
I am thinking of making a few blogs about eBay, and this one is going to start it off with some of the top sellers on eBay.
My past blog (actually two blogs ago) was about Type Set Collecting, and yet I haven't gotten a single new coin for it yet. I decided to sell some extras on eBay and use the money to buy some new coins. I put 3 lots up for sale: A lot of 5 Jefferson Nickels (1938, 1939-S, 1942-D, 1943-S, 1944-P) at auction. I started it at $3.31 ($0.99 + $2.32 shipping), and it ended at $11.32, but shipping and fees were $3.42, so I made $7.90. Also, I had a lot of 24 Wheat Cents, including 1913, 1925-S, 1929, 1937 AU, 1938 Unc, and 1941 BU. This one, unfortunately, was bought at its starting price: $7.31, so fees brought it down to $3.71.
I was relatively new to buying and selling coins on eBay. I found a roll of so called 'dateless' buffalo nickels. I saw a bold 1918 on one, I saw 1935, 1928, and 1920 on some. I won the lot for $10.00. When it arrived, I found a VF buffalo nickel, 1935-S, 1928-S, 1927-D, and 1920 buffalo nickels, and a dateless 1913-S Type 1 buffalo nickel. I was so tempted to keep it, but made up my mind to sell it, and I did, for $6.00. When I received the money, I bought a higher-grade 1913-D Type 1 for $2 off of eBay; so I made $2.50 profit and a buffalo nickel from that one. The 1913-S was PO-1 or FR-2, but the 1913-D was AG-3 to G-4. Pictured is the reverse of the coin.