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Another Good Reason Why You Should Not Crack-Out Coins

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Pillar of the Community
861 Posts
 Posted 12/18/2013  3:38 pm  Show Profile   Bookmark this reply Add g048406 to your friends list
"How on earth would ebay know if a coin had been cracked out of a slab?"

Coins are like fingerprints, no two are exactly the same. It is fairly easy to match a coin forensically. ebay members were reporting these crack-outs (coins are cracked-out of problems holders and sold raw in an attempt to hide their defects) to the CCW and Judith at ebay. Recently, however, centsles was caught cracking-out coins. ebay than decided to change their policy to accommodate him. As I said before, it is ebay's site and they make the rules. IMO, this is a policy change that will hurt ebay sales as more buyers will find they have been taken. Only suckers would buy raw expensive coins on-line as any problem can easily be hidden.
Bedrock of the Community
United States
20753 Posts
 Posted 12/18/2013  6:17 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Let them crack out all the coins they want.
If the coin is NOT shown in the INTACT holder then it's raw.

AND no truer words could be said.
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23522 Posts
 Posted 12/18/2013  6:54 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Cranking is neither illegal nor immoral. It's what you do with the result that matters.
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 Posted 12/18/2013  8:29 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
Yeah--that's definitely the same coin as on Heritage--minus that big mark across LIBERTY
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 Posted 12/18/2013  9:20 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
I suppose it's not immoral until you call it BU and fail to disclose that it's previously been graded AU, cleaned and scratched.
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861 Posts
 Posted 12/18/2013  10:31 pm  Show Profile   Bookmark this reply Add g048406 to your friends list
"I suppose it's not immoral until you call it BU and fail to disclose that it's previously been graded AU, cleaned and scratched."

EXCELLENT!!!
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16679 Posts
 Posted 12/18/2013  10:35 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list

Quote:
cns90210,


Thanks for the heads up to avoid this clown.
swcoin.ecrater.com
Pillar of the Community
861 Posts
 Posted 12/18/2013  10:37 pm  Show Profile   Bookmark this reply Add g048406 to your friends list
This guy, cns90210, is one slick operator.....He has removed his high res pics of the 1852 $20 Lib and replaced them with crap pics and, he has listed this same coin twice:
http://www.ebay.com/itm/1852-20-Gol...em3cda1c8195

and
http://www.ebay.com/itm/1852-20-Gol...em20dcd17f7c

I wonder if he knows the definition of ethics?
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3453 Posts
 Posted 12/19/2013  07:11 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list

Quote:
"I suppose it's not immoral until you call it BU and fail to disclose that it's previously been graded AU, cleaned and scratched."

EXCELLENT!


Unfortunately it is still only immoral and not against eBays rules now.

I advocate that buyers should be educated and do not buy into the crying game too much when someone whines they got taken advantage of when they had the tools at their fingertips to avoid that situation (and have caught flack for that on a couple of occasions). However the examples that g048406 finds are more than just "use your judgement"; they are examples of a person flagrantly trying to rip someone off when they know what they are selling is not close to what they are purporting it to be.

Illegal? No. Immoral? You betcha.
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1662 Posts
 Posted 12/19/2013  10:38 am  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list
OK, so this particular case seems to be a bad actor. He was the winner of that Heritage auction, right? And we know this for certain?
But anyway... I'm from a family of LEOs and lawyers, and we think about some things a little different than normal people. My first thought was that some random clerk at ebay is now the decider of a seller's intent? Should ebay investigate every raw coin's history? Most of the coins in my 7070 were cracked out - was I supposed to document the TPG's opinion of grade and be bound by it should I choose to sell one on ebay? How many times here on CCF has a TPG's opinion been debated? TPG's like PCGS are famous for making HUGE errors, even slabbing fakes, so how can ebay rule based on someone else's questionable opinion? Some treading lightly might be advised here.
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 Posted 12/19/2013  10:56 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list

Quote:
Should ebay investigate every raw coin's history?


No, I believe that is what g048406 was doing for them And yes, we often disagree with the TPGs but IMHO the problem is with a small subset of people who knowingly rip people off. Not the ones who see a details slab that is from a wipe a long time ago and disagree with it; I am talking about the ones who crack out something that has been scrubbed and has no numismatic value, use deceptive photography and software to create the appearance of value.


Quote:
so how can ebay rule based on someone else's questionable opinion?


I believe they were reviewing complaints and acted according to their staff's findings. If they ultimately decided that crackouts were OK, that is one less thing they need to do.
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10625 Posts
 Posted 12/19/2013  11:02 am  Show Profile   Bookmark this reply Add dave700x to your friends list
Ok, So if you look at the listing now, the note about the so-called die crack is gone and here's the best part, so is the die crack.. Any more doubts about this seller's intent?
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8904 Posts
 Posted 12/19/2013  1:54 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list

Quote:
Any more doubts about this seller's intent?


If there was any doubt before. there isn't now.
Pillar of the Community
861 Posts
 Posted 12/21/2013  8:24 pm  Show Profile   Bookmark this reply Add g048406 to your friends list
This seller is some piece of work....He supposedly sold this coin for $2200: http://www.ebay.com/itm/1852-20-Gol...ht_222wt_922 (I say supposedly because he has made the bidders identity private), yet, he also just sold this same coin for $2002.00: http://www.ebay.com/itm/1852-20-Gol...t_150wt_1219 he has now listed that same coin as a buy-it-now for $2,499.04:
http://www.ebay.com/itm/1852-20-Gol...ht_186wt_922
Bedrock of the Community
United States
10045 Posts
 Posted 12/21/2013  10:56 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list

Quote:
the note about the so-called die crack is gone and here's the best part, so is the die crack
So are the reed marks in the field near Liberty's eye--erased on the picture, but no doubt still on the coin!
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