New Ebay Coin Rules Effective 09/17/2007

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And, it is entirely appropriate that PCI and SEGS are excluded -- they consistently overgrade by an average of 2 points, and holder problems coins and AT coins all the time. The days of high volume ebay crapseters flooding the listings with PCI gold slabs and trends values are behind us, and thankfully so.

Instead of suing ebay, PCI and SEGS should tighten their standards and grade properly.
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I think you are all wrong. If a grading company cannot consistantly grade the same coin as the same grade (meaning resubmittals then none of them should be allowed. When PCGS grades a million dollar+ 1804 Bust dollar as XF then AU then MS whatever, they are frauds just like any other slabbing company and for the ANA and ebay to say that my SEGS and PCI coins are not legitimate is not right! I will list them if I ever decide to sell and if they pull them they won't get paid. I may not be able to grade something online through a low rez picture but every coin that I have bought in a SEGS or PCI slab have been extremely close one way or another. MY 09svdb is in a SEGS holder. I have owned several of these coins and know how to authenticate them. I don't belong to the ANA and now I never will. Who made them God?

***Edited by Forum Dad to remove unfamilyfriendliness***

I only have 2 things to say Rigoletto.....






and....





Sorry Rigoletto, but I say good riddance, and I won't miss a minutes sleep over it. It'll be nice to sell some coins without being surrounded by so much garbage.

Or please tell me how I can post them so I can make my point.

Rigoletto

Look in the right hand side bar for the tutorials heading ,, there is one for posting photo's on the forum ,, or you could upload your photo's to your own gallery and then post them from there ,, If you do not have a gallery yet ,, on the forum main page find the heading for photo gallery support and let Bobby know you want one there .

Metalman

quote:

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I don't like it.

I can no longer list a graded high value coin with numeric grading in the title on ebay US and give it a fair title that my US$50 for reserve price deserves.
All because my rare Australian coin hasn't been slabbed by 1 of 5 American Grading Companies.

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Ken

send me all your Australian coins and I will be happy to grade them for you and all our Aussie collectors.

I will even certify them!

But NOTICE I said nothing about sending them back

Here's what I am going to do, and if you have the time, please join me. I am going to send the following email message to aboncom as a General question about every item that does not comply with the policy as stated on ebay:

"When listing a certified coin, the coin must be certified by one of the following authorized grading companies:

* Numismatic Guaranty Corporation (NGC)
* Numismatic Conservation Services (NCS)
* Professional Coin Grading Service (PCGS)
* Independent Coin Grading (ICG)
* ANACS

In addition, listings for certified coins:

* Must be assigned the appropriate grading attributes in each listing. Sellers must select the appropriate grading attributes within the Sell Your Item form, including "Grading Company," "Grade" and "Serial Number" provided with that grading.
* The listing must include an image of the item, showing the coin in its graded holder, front and back.

If the coin listed is not certified by one of the above authorized grading companies, the coin is considered raw/uncertified and is subject to additional requirements for their sale.

Apparently, ebay is getting to be as sick of you as the rest of the numismatic community."

It won't do much, but it will make me feel better.

HABIB

Look, there are exceptions to the PCI/SEGS overgrading rule of thumb of 2 points. But they are VERY rare (in fact I once UPGRADED a PCI gold Morgan from MS65 to MS66, but that was probably a 1 in 1000 occurance). More often, it goes the other way (i.e. a PCI 63 really being an AU58, AU55, or bodybag).

However, I am confident than any dealer or collector competent in grading will concur as to the consistent overgrading and slabbing of problem coins by SEGS/PCI. ebay sellers with hundreds of PCI gold slab listings make their living off selling MS63 coins in PCI 65 holders for 64 money. Thankfully, now they will have to find these suckers on the bourse instead of on ebay.