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Ebay Notice On Coin Listings

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Author Previous TopicReplies: 20 / Views: 2,990Next Topic Page 2 of 2
Pillar of the Community
United States
7840 Posts
 Posted 05/22/2012  3:45 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
That did not take long to get blocked at work, I mean at location "B";

ACCESS DENIED

ANACS Certification Search
http://anacs.inetlogic.com/

SEGS coins will not be able to identified with a numerical grade in the title, you can spout off all you want in the description, SEGS is not going anywhere.
Edited by oih82w8
05/22/2012 3:48 pm
Valued Member
United States
397 Posts
 Posted 05/22/2012  4:01 pm  Show Profile   Bookmark this reply Add MadMortician to your friends list
I don't sell/buy on ebay at the moment, but this seems like a good thing for coins? Am I missing a downfall to this?

If anything I was going to try my luck selling some nice looking copper cents as single coins and bulk sales, and I just have to avoiding giving it a grade (which I wasn't planning on doing anyways).
Valued Member
United States
142 Posts
 Posted 05/22/2012  4:07 pm  Show Profile   Bookmark this reply Add unfamiliar to your friends list

Quote:

SEGS coins will not be able to identified with a numerical grade in the title, you can spout off all you want in the description, SEGS is not going anywhere.


That isn't actually correct.

You're no longer allowed to mention an unapproved grading company, even in the description of your listing.

You can't include a picture of the slab, either.

And they're enforcing the new rules pretty strongly.
Pillar of the Community
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 Posted 05/22/2012  4:09 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
Must have misread that...I don't mess with anything less the the TOP III TPR'ers anyway.
Bedrock of the Community
United States
12437 Posts
 Posted 05/22/2012  5:14 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
Am I missing a downfall to this?


I predict a proliferation of fake PCGS, NGC, ANACS, and ICG slabs with cloned certification numbers
Valued Member
United States
138 Posts
 Posted 05/22/2012  5:54 pm  Show Profile   Bookmark this reply Add mvc to your friends list
well, its nice to see ICG and ANACS back
Rest in Peace
United States
2668 Posts
 Posted 05/22/2012  5:59 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list
I'm glad I no longer do ebay.
Bedrock of the Community
United States
14454 Posts
 Posted 05/22/2012  9:34 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I didn't know ANACS had ever been taken away from approved TPG's. When I first read this I was thinking "two all I see is one added and that is ICG" I thought NGC,PCGS and ANACS was always approved
Bedrock of the Community
13014 Posts
 Posted 05/22/2012  9:41 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I didn't know ANACS had ever been taken away from approved TPG's. When I first read this I was thinking "two all I see is one added and that is ICG" I thought NGC,PCGS and ANACS was always approved


Technically none of them were really taken away since they got their databases going before the changes go into effect
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 Posted 05/22/2012  10:04 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list
Hmmm. I have one concern regarding both the 4 certification services and the $2,500.00 limit on selling raw coins.

Being a collector of ancient coins, I subscribe to the practice on not having my coins graded. I am ok with grading modern issues, but as for Ancient coins, I shun the practice. I am not alone in this belief. Most Ancient coin collectors also shun TPGs.

Out of all 50+ Ancient Coins I own, I only have 2 of them graded. They are graded and certified by Sear. When you have an Ancient coin graded by Sear, your coin isn't encapsulated, it is sent back to you with a laminated certificate with a photo of your coin and a signature from David Sear with information about the coin and a grade.

Obviously Sear isn't considered a TPG with standards by ebay. In the Ancient coin industry, Sear certification is highly respected as one if not the best. Unlike TPGs, Sear is more knowledgeable and focuses on Ancient coins only. I recently sold two coins that were also certified by David Sear. With the new rules in effect, both would be considered raw ungraded coins.

The other problem I have is with the selling limit. If you are a collector of Roman Aureus, you may have one or more coins in your collection that sell for way more than $2500.00. If I was to sell an Aureus, ebay would only want me to have it certified by a TPG which is shunned by the Ancient Coin collecting community. TPG such as NGC have on more than one occasion mis attributed ancient coins.

Personally, I prefer not to sell my ancients on ebay, but others rely on it. I wonder how this is going to affect Ancient Coin collectors out there.
Edited by Spider5689
05/22/2012 10:16 pm
Pillar of the Community
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 Posted 05/22/2012  10:05 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list
On a side note, I am glad that ebay decided to include ANACS and ICG. Both of those companies have been around for a while and are well respected.
Bedrock of the Community
13014 Posts
 Posted 05/22/2012  10:51 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
Spider that is an interesting point about the ancient coins. Personally I wouldnt be comfortable buying coins that pricey off ebay with no third opinion but thats just me.

I doubt theyd do it, but 1 solution could be to separate ancient coins or something like coins 500+ years old into their own category with their own rules.
Pillar of the Community
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 Posted 05/23/2012  02:44 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list
I recently sold a Gold Aureus of Septimius Severus for over $5,000.00. Eventhough it was graded by Sear, according to the new ebay rules, I wouldn't be allowed to sell it on their site.

The rules make sense for modern issues, but I don't think they thought about ancient coins.
Edited by Spider5689
05/23/2012 02:45 am
Pillar of the Community
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 Posted 05/23/2012  07:25 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
I expect this ebay change is mostly in relation to US coins. Does ANACS or PCGS even do grading of foreign coins?
Pillar of the Community
United States
7840 Posts
 Posted 05/23/2012  09:05 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list
I checked out ANACS S/N Look-up, I must say that it is very low-tech. They have had YEARS to come up with some sort of verification system (like PCGS and NGC) and this looks like a "hurry up" job. Modern numbers pulled up fine with minimal details, older slads with alpha characters? Forget it. A "contact ANACS for further details" (or something along those lines) message popped up. Hopefully they will put a lot of polish on their "product".
Edited by oih82w8
05/23/2012 09:05 am
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