New Ebay Program For Coins Over $500 Sends Them Through PCGS For Authentication?

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Author	Replies: 7 / Views: 132
Brandmeister Pillar of the Community United States 6830 Posts	Posted Today 4H 12M ago https://www.ebayinc.com/stories/new...tible-coins/ I had not heard about this program until last night from a podcast. Mention was made of announcing it at the ANA World's Fair of Money. The gist is that slabbed or raw coins over $500 will be sent through PCGS for examination as part of the purchase process. It was not immediately clear to me if sellers are forced to offer a money back return policy as part of the program, or if ebay covers the cost of fakes. It seems like a step in the right direction. Report this Post to the Staff

Keith67 Pillar of the Community United States 6812 Posts	Posted Today 3H 58M ago Interesting. Report this Post to the Staff
JimmyD Bedrock of the Community Canada 21823 Posts	Posted Today 3H 37M ago Wonder how long it will take to have a coin authenticated? Report this Post to the Staff
Keith67 Pillar of the Community United States 6812 Posts	Posted Today 3H 30M ago That's one thought that comes to mind.......... Report this Post to the Staff
ijn1944 Bedrock of the Community United States 19461 Posts	Posted Today 3H 9M ago Yes, saw this a couple days ago in a communication from ebay. Will be fun to see where this goes. Report this Post to the Staff
Zurie Pillar of the Community United States 5709 Posts	Posted Today 2H 56M ago It does seem like a good move. I wonder what percent of their sales of $500+ coins will be canceled because they are determined to be fake? If they are also verifying the accuracy of the listing, it seems that may protect against INAD returns. Report this Post to the Staff
cptbilly Pillar of the Community United States 2061 Posts	Posted Today 2H 27M ago Thank you for the article link, Brandmeister. Report this Post to the Staff
NumisRob Bedrock of the Community United Kingdom 18397 Posts	Posted Today 21M ago I imagine the idiots posting road-rashed Lincoln Memorial cents as 'unique errors' will have to reduce their prices to $499.99... My Trade List: https://goccf.com/t/194596 My Wants List: https://goccf.com/t/191710 Edited by NumisRob Today 21M ago Report this Post to the Staff
	Replies: 7 / Views: 132

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