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Opinions On Buying Fom Great Southern Coins

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one_fine_dime's Avatar
United States
591 Posts
 Posted 12/04/2018  4:29 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
Back in January I bought a 1926-S Mercury dime from GSC.

Here are the images they posted on the ebay listing:
Opinions-On-Buying-Fom-Great-Southern-Coins
Opinions-On-Buying-Fom-Great-Southern-Coins

Now these are my own photos after receiving the coin. I kept the coin, and I don't believe it (necessarily) indicates a cleaning, but you can see how their photo techniques completely obscured the scratch just to the left of Liberty's nose.
Opinions-On-Buying-Fom-Great-Southern-Coins
Opinions-On-Buying-Fom-Great-Southern-Coins
Edited by one_fine_dime
12/04/2018 4:32 pm
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Cassidy77's Avatar
Canada
541 Posts
 Posted 12/31/2018  10:25 am  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
Out of 10 coins I purchased through GSC in the past 2 months I have returned 4 and kept one gold coin that was overgraded. One of the returned coins was PCGS graded but I just didnt like it. I have to say that GSC is impeccable when it comes to returned coins..They make a full refund including cost of mailback..This being said I think that their heavy sales output is obviously making their screening process look pretty sketchy.....Its a lot of hassle to return a coin which also involves losing access to ones cash until it shows up in the account again....I will buy from them again but it will be awhile and I can understand the negative sentiment against them.
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United States
461 Posts
 Posted 04/08/2019  8:07 pm  Show Profile   Bookmark this reply Add Sharkman to your friends list Get a Link to this Reply
I no longer buy raw coins because of my experience with GSC. As a newbie I bought a lot, maybe 30 or so Morgan and Peace dollars that were described as BU. I liked the adrenaline rush of the auctions. And the pictures were really pretty. I Later learned from a dealer that many were sliders grading as low as AU-53. I had this confirmed by a TPG.
The fine print says they don't guarantee grades, but the headlines still scream things like Gem BU.
I read several ebay complaints about cleaned coins. Nothing I bought was cleaned, but I have been forever dissuaded from buying raw coins on the internet out of fear of buying a "details" coin.
I personally size GSC up as a place that sells a lot of problem coins that others don't want. I still get their emails and look them over occasionally. It even seems their slabbed coins are low for the grade.
I did buy coins from them that had no problems, and they are excellent on returns. They even let me return one expensive coin months after the 30 day return period.
If you are willing to look at GSC as an on approval dealer and understand you may not like the coin they send you, you can be like Cassidy and find some diamonds in the rough. I'm not.
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southsav's Avatar
2223 Posts
 Posted 05/31/2023  8:07 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply

Read this again after looking at their inventory on the bay.

Will continue to pass on giving them any more of my time or $$.

BUMP for others.
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 06/02/2023  10:41 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
Gotta love the Great Southern Coin Company :) now let me add coming in slightly behind with an honorable mention are those mbarrcoins of ebay they got subtlety of mass sub par coin pumping down to an art. This is just my opionion...I can't prove any of it. For all I know their coins are works of true art? Or maybe not...ahhh nevermind.
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vermontensium's Avatar
United States
16679 Posts
 Posted 07/15/2023  11:27 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I see their auctions have high visibility almost at every level and I shake my head. They can list a cleaned, corroded 1909 VDB LWC and it would be at $100 after 5 days.

Here is one they are calling in the title Uncirculated ++
Really?

High AU at best and photos are not the greatest. Might even be cleaned. The red circle is one of the first high points to wear, and the rest of the devices are relatively strong in strike. Those feathers are gone.

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swcoin.ecrater.com
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