Great Southern Coins Auctions OK?

This is the main reason I no longer even entertain the thought of purchasing anything from GSC. They seem to have a huge following of buyers that seem to want to win at any cost.

I had also started a post yesterday about a particular specimen GSC recently sold on ebay.

http://goccf.com/t/312240#312240

I'm a fairly astute coin buyer and seller. I am frankly surprised--no shocked--that anyone would buy any raw coin from greatsoutherncoin--on ebay or elsewhere. I tested them several years ago and purchased numerous raw coins from them. I sent all to NGC for grading. About 75% of the coins I purchased from them had been altered in some way. Yes, their photos are amazing. They've really done their homework in that department. But so what? Why would any sane coin buyer buy coins based on that and that alone? The amazing photos notwithstanding, if you buy a raw coin from greatsoutherncoin you will likely wind up owning an altered coin that will down the road be impossible to resell. Here's another thing to consider. Why would anyone in his right mind shell out good money (up to 10K in some cases) for a raw coin from this seller (or any seller for that matter) with no guarantee that the coin has never been altered or is genuine? Wouldn't high end coins like that have been sent in previously to be professionally graded? Why weren't they graded? They weren't sent in to be graded because they were likely altered. Or--they were sent in, rejected (as mine were), sent back, popped out of their holders, and sold raw to unwitting buyers as unaltered, picture-perfect coins.

I managed to get some sort of low ball deal out of them on an ebay auction years ago, I have since paid for it with being incessantly bombarded by emails from them ever since.

Even if I was interested in a coin of theirs, they have such a huge following of uneducated buyers, the prices are through the roof. Avoid like the plague.

If in a slab, bid accordingly. If raw, buyer beware! Yup, they burnt me a couple times as a newbie. I'm still learning but will never buy raw again without having it in hand. The company asked about, yea, they have some serious knowledge on how to make a coin photo look amazingly good, even for coins I would only consider for silver stacking. I bought one that looked amazing! Not a scratch/blemish anywhere according to their photo. I later sold it for silver content, had a deep gash across the check you could park a truck in. Yup, exaggerated a little but was very bad and turned out to be a polished coin on top of it.... I say don't walk but RUN away, very fast. Oh, after a terse e-mail back and forth, they offered a refund. Was not an expensive coin per say, so I just made sure it did not get back into their hands to sell to another rookie.

RUN!