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 Replies: 23 / Views: 2,115 |
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Pillar of the Community
United States
869 Posts |
And yet another e-bay scam. They need to make people that sell commercially to have a graders license in order to sell to the public. Just like a plumber or electrician has to have certification. That way you know his license is on the hook if your house catches fire from bad wiring and he no longer can do it to someone else. Coins can run as much as a house wiring job also. Whats the difference?
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Pillar of the Community
 United States
2373 Posts |
I've been in contact with the seller and he apologized for the oversight and has issued a refund. Thanks everyone for the assistance confirming the large date. I bought a whole set of LHC's on this forum and both the 70S's were large dates. I must not be the only one who has trouble with this date variety. nlp
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Bedrock of the Community
United States
19969 Posts |
Kurt has a very nice 70S small for sale....at least he did. That's one guy you can trust 100 percent!
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Pillar of the Community
United States
869 Posts |
A true sm date 70-s will cost ya. That's how I can tell the difference. LOL
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Pillar of the Community
United States
5318 Posts |
Thanks for that...I really do it for other collectors.  Nlp--good to hear you're getting refunded! I don't have any SDs right now, but below is the best one I've sold. Small Dates often have mushy details and numerous die scratches. This one was remarkably sharp with fantastic RB toning.  Edited by KurtS
09/07/2008 10:40 pm
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Bedrock of the Community
United States
12437 Posts |
Quote:
Coins can run as much as a house wiring job also. Whats the difference?
A bad wiring job could cause your house to burn down, whereas a coin grade is nothing but an opinion*. *That opinion should be based on something resembling ANA grading standards but those standards are not measured on a quantitative scale, rather a qualitative scale hence coin grades are subject to bias. |
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Pillar of the Community
United States
869 Posts |
Opinion? I always thought that if a coin is graded by a licensed grader(PCGS)it is official and has a serial# placed with it to prove it is what it is. It's either fact or fiction on a double die,small date or large date or if a coin is ms-70 it shouldn't be cleaned,scratched,ect. How can a opinion change a true grade of a coin. Only a big fat lie to a customer hoping they don't know any better about coins. I know it's not a house burning down but its false advertising and that should be illegal. I worked once selling stereo systems many customers thought they where buying a big whopping 500 watt stereos because that's what was written on the front of the box in big letters. But when they got home it wasn't nearly as loud as it was supposed to be. The government stepped in and made Sony,pioneer,ect put the true power output on the side of the box. And a compliant logo too. PCGS,ANA,ect is the compliant logo for coins I thought.Not just there opinion. A mechanic that you would want to work on your car should be ASE certified. So you have some piece of mind that it was done the right way when you pay good money for the service. I just think there should be a certification class(with a license number)to take before you sell to the public so they know they are not buying from a person that sells muffler bearings for a week then coins the next. Unless you tell them up front the coin may not be what I said it is and buy as is.LOL Of course this is just my opinion and my fake 2 cents I had to throw in that I can sell to someone tomorrow. he he Coindexter:-) |
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Pillar of the Community
United States
869 Posts |
And also would like to thank our forum mom and dad.  For not letting those sellers try that here on CCF. This is one place you don't have to be a expert grader to buy a coin and not get scammed. And a big thanks  to all the honest forum members I have bought from and will keep buying from.  Coindexter Edited by coindexter
09/08/2008 02:35 am
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Bedrock of the Community
United States
12437 Posts |
Quote:
I always thought that if a coin is graded by a licensed grader(PCGS)it is official and has a serial# placed with it to prove it is what it is Coindexter, you are sadly misinformed because there is no such thing as a "licensed grader", they do not exist and there never will be such a thing because of the subjectivity of coin grading. Why do you think computer-based coin grading failed miserably in the 90s? Like I said earlier- coin grading is qualitative and that is the reason why computerized grading does not work(with present technology anyway). The serial number on a slab is nothing more than an inventory identifier- it is not a guarantee of a grade in any way, shape, or form. Why do you think people constantly resubmit coins trying to upgrade them? Why do coins get downgraded sometimes when de-slabbed and resubmitted? Unfortunately, the ANA should do something like that but never will when there are things like "official graders of the ANA"(NGC). Besides, I think it is too late to put that genie back in the bottle as there are now five or six grading firms with claims of legitimacy- PCGS, NGC/NCS, ANACS, ICG, DGS(new PCI), and some would include SEGS with this group as well. Quote:
I just think there should be a certification class(with a license number)to take before you sell to the public so they know they are not buying from a person that sells muffler bearings for a week then coins the next. When that happens, that will be the end of coin collecting as we know it. The b/s/t section of this forum would cease to exist, coins on ebay would virtually dry up, and the only people left to sell coins that would meet your standards would be largest firms and you better believe that they will be charging top dollar for high end coins but the low end market(<$100) would be all but ignored due to low profit. Goodbye corner coin shop, goodbye briefcase dealer, goodbye local small coin show  |
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Pillar of the Community
United States
869 Posts |
I know myself that I would love to be able to show people my cert.# when selling them a coin. Just thank all of us here that enjoy coins and that are into it would be selling even more. It would weed out the bad sellers(the ones into it for just for the $$$)and if they want the money bad enough they too can take the test to be cert. I'm not talking about a 2 year coin collage class. But a seminar of a couple days at a coin show maybe. Just like applying for a drivers license, How many people go and apply for them. A small book to study and a written test and showing your skills. It would better the trade for the better. I see way to many posts on here asking "is this a fake". I just hate to see that. How many people on here agree?
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Pillar of the Community
United States
7629 Posts |
Biokemist is 100% on this one. There cannot be such a thing as a 'licensed dealer' of coins. It would be nice to offer education and a certificate as an option, which to my knowledge is not currently done in any form. My best guess is that fewer than 1% of current dealers would take advantage of such education unless it was sponsored by a major name in the business...like the ANA. |
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Valued Member
United States
74 Posts |
OTOH, then you'd have people get the cert to be able to post that on ebay (as an example) showing that they "know what they are doing", yet 1. still not know what they are doing 2. know what they are doing, but lie to get more $$$ I am sure that those 2 would happen enough to question the validity of the honest ones. At least with the major companies, people are being paid to do a job, they are technically grading coins that they are not personally involved with, and the company has a reputation to uphold. True, you can resubmit a coin and it'll get a slightly different grade; but as others have said everyone has a slightly different eye to grading coins.. things that they look for that another person may not. With Joe Public grading his/her own coins to sell, it becomes way to easy to clean a coin and call it a certified MS-60 (heck you see that now, just that they can't claim that the coin is "certified"). Most of the public would have no idea of the difference. |
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Pillar of the Community
United States
1121 Posts |
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Valued Member
United States
499 Posts |
coindexter
Getting a license to do electric, plumbing, building or any other trade does not mean that you do that trade well. It alsao does not mean that you are going to be honest. If it did I would be out of a job as a building inspector. To license a dealer would give the public the impression that he knows what he is doing. Although he might be an expert on Lincoln Cents he might know nothing about Brittish Crowns. In order to protect his license, the honest dealer would have to stick to what he knows and deal only in Lincoln Cents.
In order to collect a specific type of coin you would need to find a specialist. No specialist, no collection. If a series doesn't have enough potential profit it would go by the wayside.
when trying to sell a collection you would have to shop it around to the various "experts" and hope one of them wants to buy, if not there would be nothing you could do because you aren't an expert and therefor can't sell.
You have just managed to take the "hobby" out of our hobby.
The only one that makes out in this scenario are the local or state governments that will collect the exhorbitant fees for these licenses.
Just my views from the burocratic side of the trades
Richard
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Bedrock of the Community
United States
20753 Posts |
Meanwhile back to the subject. Glad to hear you got your money back from that deal. Try to remember that a 100% feedback means nothing when you get a lousy deal. Did you have to pay a return postage fee? Did he charge you a restocking fee?
As noted that 70S small and large date thing is really a pain. I've always wondered just who sits there and tries to find stuff like that. Real small and large dates that I can see is logial but that 70S is one just to odd.
Probably why I use Coppercoins book so much. Nice photos Chuck.
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Replies: 23 / Views: 2,115 |
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Posted 09/07/2008 10:03 pm
