Top Ebay Fake TPG Abusers ...

wow.. really? What happened? Someone doesn't have integrity, then suddenly.. not. Or else, maybe there wasn't any there to begin with.

Suddenly I am really depressed.

Very interesting about the man behind NNC. One of the problems is that he seems to sell to people potentially cheap, but then they try to sell and mark up coin for value on label.

Here a new one on ebay now: NNC 1798(Bust)$1 F12
(Hope this link works)
http://cgi.ebay.com/1798-Dollar-FIN...IP_W0QQitemZ220385896402QQcmdZViewItemQQptZCoins_US_Individual?hash=item335005e7d2&_trksid=p3286.c0.m14&_trkparms=66:2%7C65:1%7C39:1%7C240:1318%7C301:0%7C293:3%7C294:50


Looking at the reverse of this coin it would almost definitely get a "PCGS GENUINE -NON GRADABLE" assuming that it is not a fake. Seller seems to have some other NNC coins in his portfolio including some more expensive NNC golds.....

SeaSoldier! If these posts help just one person, it's worth it.

Lots of other great info here.. a peek at the Classic US forum could give some good info on halves. If you don't see the information you need over there, post a question, and the resident experts will chime in

First of all, as said so often
BUY THE COIN NOT the packaging!!!
I have purchased coins from centsels and returned all but 4 of them.
They were varities and not known to them. Was well worth my while.

BUT, it was mentioned that the slab breaks .. all you need to do is slightly twist the slab and help a little bit with a knife and VOILA, it is open, reday to be exchanged with whatever...
NNC coins / slabs are now showing up in Europe at reputable auction houses and, to get buyer's interest up, these slabs are described as "slabbed and graded" in the USA.
I wrote to one of the auctioneers last week to make him aware of NNC's reputation.....NO answer. I should have known as I am a born German myself.... They have their nose up in the air and know it all better.
I hope you all are aware that Centsels also owns
world_coinz
they use it unly when the main co gets too hot for some reason or another.
ALL 3 , Centsels, World_coinz and NNC have the same address.
I inquired about fraud charges being laid against them with the AG in Florida. NO GO, as there is NO established grading norm to base grades on. The person I spoke with in FL indicated that if the unconditional return policy would not be, there may be a possibilty of State government interferrence applying consumer protection laws. there is presently NO law, consumer or otherwise, which regulates coin grading!!!
Hence, the term subjective does apply......
beats me...but it is apparently legal, profitable amd there are always uninformed collectors or opportunists around who fall for it.
HHB

ShanerX,
Here is a new one for your list and in my opinion it is the WORST OF THE WORST!
WCG - World (http://www.worldcoingrading.com/)

Here is a seller on ebay that has a lot of them:
http://stores.shop.ebay.com/RAVALEX...Q2ec0Q2em322

These are the most over-graded coins I have ever seen.

My only experience with this slab has been with two coins , both 1889-S DMPL that I later sent to PCGS. These coins were two of the dullest I have ever seen and cannot imagine why they put a "DMPL" on the slab. They were not even semi-PL. Also they had clear traces of ware.
1) WCG Morgan 1889-S MS67DMPL => PCGS AU55
2) WCG Morgan 1889-S MS67DMPL => CLEANED

Seems MS66 & MS67 are WCG's favorite scores. Would love to see their population report!......

I actually think the $50 per coin is to intentionally not have submissions. I think this is another case of a single person slabbing a bunch of coins in basement then selling them. Browsing through the store I have only found a just a few coins not graded MS66 or MS67.

The sad part is that SOOO many people are bidding on these coins as we speak...


Your right you can probably start your own TPG and start making a lot of money....

It looks like WCG really is going global - there is an Australian based ebayer (maybe the same guy) selling plenty of these - http://myworld.ebay.com.au/precious-silver-co/

Sad thing is that he has 100% feedback so far after selling over 250 coins.

I nearly got taken in by this, even though I thought it was too good to be true (which always sets off alarm bells) since I couldn't work out what was wrong with the coins.

But thankfully I messaged the ebayer asking for a few close up photos of the coins and he replied with this:

hi

its easier if you save the picture (right click with your mouse on picture)to your computer and use a viewing application to make it bigger

regards

- precious-silver-co


Which wasn't the most reassuring reply... So I held off from purchasing and finally I read this post and the scam now makes sense.

Keep fighting the good fight guys!

That is just unbelievable ... that you can 'buy' ratings?! I've been busting my hump selling everything imaginable for over a year and just reached my hard-earned 500!

I researched that seller in Australia - the policy for coins/currency is worded differently for ebay.com.au than on ebay.com. They have SGS slabs too!

However, there is a valid violation category for what they're doing: Listing Policy Violations - Misleading Title - Deceptive Title. If WCG in not an approved ebay TPG, then they cannot quote a US or PCGS Value in the title. Am I correct? Well, I'm gonna try to report one. $22,000.00 MS67 haha ... then why are they selling for $247.00? Ok, back to work.