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 Replies: 16 / Views: 5,773 |
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Pillar of the Community
 Canada
5594 Posts |
It's really not anything different than only having coins graded by one of the "accepted" TPG's, of which ICCS is not one, to list a grade in the title. They are trying to get rid of the con artists and counterfeiuters. I think it's a good rule, especially since it's got the $2,500 threshold. |
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Pillar of the Community
Canada
2781 Posts |
how long until coins get treated similarly ?
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Pillar of the Community
United States
5828 Posts |
So, NGC ANCS ICG, ICCS, etc got thrown under the bus?
EDIT: Just saw the criteria, pretty sure NGC and ANACS meet that!
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Pillar of the Community
 Canada
5404 Posts |
Ultimately the market will say what Is acceptable and certainly not ebay. Maybe ebay instead of running around like a half furry fox in a forest fire and trying to dictate the coin and currency market ,should look after their Sellers and start dealing in a firmer way with the Chinese counterfeits that are ruining the hobby. |
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Bedrock of the Community
United States
94367 Posts |
I like it. The $2.5K starting point won't affect the large majority of non-PMG/PCGS auctions.
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Pillar of the Community
 Canada
1224 Posts |
I'm not sure how it effects the US sellers but for Canadian sellers the notes they have to sell that are certified by BCS or CCCS can not include a grade or show a picture of the grade. Now the buyer has to guess the grade from pictures taken through the holder ( impossible to grade any note under these conditions ).
Here's the part I don't like, Quote from above:
If a piece of currency isn't graded by one of these grading companies, it's considered raw and must meet the requirements for raw paper currency listings.
A piece of currency graded by a non-approved grading company can be listed, but the numeric grade can't be included in the title, description, or item specifics. You can't include an image of the note in its graded holder if that image shows a grade that is not completely obscured and unreadable on the photo.
We're always looking for companies that meet our grading criteria. Currency grading companies that meet these standards are encouraged to contact us.
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Moderator
Australia
16868 Posts |
You can still mention the grade, just not the Sheldon-style "numeric grade".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Canada
2781 Posts |
Quote:
I like it. The $2.5K starting point won't affect the large majority of non-PMG/PCGS auctions. unless I'm reading it wrong, yes it will. if its not in one of the authorized TPG holders then it is considered raw and you cant mention the grade at all (in fact you have to cover up any grade shown by any non authorized TPG'er) if its over $2500 it MUST be in one of the authorized TPG holders or you can't list it. |
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Valued Member
Canada
93 Posts |
It will just require sellers to be more creative. This 1966 silver dollar has been graded by a third party grading service that is not recognized by ebay as mintstate. The grade on the Sheldon scale is the same as the last 2 numbers on the date. Their "catch" words will be NCG, ICCS, ANACS, etc. and any number in the listing that will flag the listing. Rob |
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Pillar of the Community
Canada
2781 Posts |
I'm wondering if you could pair a graded (non authorized TPG) with a junk note and call it a 'lot' ... or are we not allowed to mention/show grades in lots as well? (ie are all lots considered 'raw') |
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Pillar of the Community
Canada
1049 Posts |
If I'm understanding this right, the maximum ceiling on any raw coin is 2500.00, regardless of it's potential worth, or even appraised or book value?
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Pillar of the Community
Canada
1461 Posts |
I think ebay should worry more about having a reasonably effective mechanism for monitoring and removing counterfeit and fraudulent coins instead of worrying about which TPG should be approved. Although I do like the way it's setup right now. |
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Valued Member
Canada
108 Posts |
Anybody else receive an email blast from PMG, "A letter from Mark Salzberg"? Mark is apparently the chairman of PMG. In the letter, he gloats of ebay taking a leadership stance, promotes his TPG as the only one worthy, and pushes for the day to have the same deal for coins. blah blah blah |
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Pillar of the Community
United States
4596 Posts |
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Valued Member
Canada
108 Posts |
Yes, coins already have a policy. You'd think the chairman of PMG would know that before penning: "We need ebay to change its coins policy to similarly acknowledge that not all coin grading services are the same. And we need other auction companies and dealers to also take the same actions." |
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Posted 06/25/2015 2:46 pm
