$1500 for a Mitchell & Ness jersey is unbelievably high, for starters, as those are replicas. So, the signed jersey was probably worth closer to $500-$600, to be honest. Beyond that, eBay used to have the $250 policy, but has since raised that to $700 or so, for required Signature Confirmation. Given Signature Confirmation costs $3 or something, it seems odd someone would opt out of getting it. (It's automatically selected and added to the shipper total when you print USPS postage through Paypal/eBay.)
As for the CC situation, yes, chargebacks happen. That said, for the most part, if you follow their rules and document your transactions, Paypal does its best to fight chargebacks. I wouldn't put too much merit into the story about the Mantle jersey for those reasons (obvious overvalue of the sale price & unlikely chance that seller didn't add del. conf. to the supposed $1500 order).
Dane, would you like me to have this guy contact you so he can give you all the details. This happened to him two, three years ago. Yes, they USED to have $250 and changed in several months ago in 2014 to $700...probably because of situations like his. Why would he opt out of Sig Con? The same reason most people do, they don't think they need it as it has tracking. I don't remember if it was a M&N, but it was a Yankee jersey and did sell for well over a grand. He could have had Berra or Ford on there too, it was a while back. I will put merit into his story. He was a retired firefighter not some powerseller. I will try and get hold of him and see if he will join so he can debate any rebuttals you have.
"Paypal does it's best to fight chargebacks" "Ebay does it's best to fight forgeries"
Paypal *does* do its best to fight chargebacks. I've had three attempts at a chargeback, and Paypal sent me an email explaining that I'm covered by seller protection.
As I said before, if you follow their rules, they will protect you.
Now, as for the seller, there's no need. Either he sold a $600 jersey for $1500 (which is the same as buying a $400 autograph for $50 -- both are invitations to fraud) or he only got $1500 for a $17,000 jersey. Either way, I do feel bad for the guy, but he really should have just paid the $3 or whatever. I always view it as a small price to pay (2o basis points or 0.2%) for insurance.
yes, if the buyer uses a credit card as the funding option he can file a chargeback against paypal then paypal just rips it out of your account no matter how long it has been or the if the products were proven delivered. Paypal is the worst thing to ever hit ebay.