New Ebay Program For Coins Over $500 Sends Them Through PCGS For Authentication? - Page 2

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Author	Replies: 21 / Views: 504	Page: of 2

ijn1944 Bedrock of the Community United States 19465 Posts	Posted Today 7H 35M ago As many are aware, ebay requires that slabbed Pokemon cards sold for $250 or greater be authenticated through a service arranged by ebay. Not sure what the dollar threshold is currently, but it's not uncommon to come across PSA graded Pokemon cards with an ebay authentication 'certificate'. We should revisit the ebay PCGS coin authentication practice early next year--see which predictions held, and which flopped... Report this Post to the Staff
nss-52 Moderator United States 54291 Posts	Posted Today 6H 6M ago " ebay covers the cost of authentication for a limited time" Show your financial support of the Coin Community Family (click here) See my topic on Mexican Numismatic Medals (click here) Report this Post to the Staff
nfine Pillar of the Community United States 3500 Posts	Posted Today 5H 7M ago I wonder how much it will cost to authenticate something like this. "297 Kennedy half dollars In 4 Littletons, 2 Whitmans And Coin Flips-lotsa Silver" This is an "Authenticity Guarantee" item currently listed. https://www.ebay.com/itm/117372851767 Report this Post to the Staff
livingwater Pillar of the Community United States 2313 Posts	Posted Today 26M ago Yeah I saw on a Facebook page ebay reps went to the ANA World's Fair of Money, visited with a group of dealers/coin experts for several hours about fakes, how to reduce fakes being sold, a back and forth discussion. One method is authentication through PCGS for coins over $500. Use brower search line to see info. In my opinion ebay used to be better getting rid of fakes, at least we know they are showing some concern. Edited by livingwater Today 14M ago Report this Post to the Staff
NumisEd Pillar of the Community United States 5250 Posts	Posted Today 15M ago There are currently 24,000+ gold bullion coins being sold on ebay with a price tag of over $500 each. How on earth is this grading exercise going to work? I agree with HondoB that sellers should be verified. And funds held in escrow until the authenticity of the coin has been determined. Much easier to do than sending tens of thousands of coins to PCGS back and forth. Report this Post to the Staff
livingwater Pillar of the Community United States 2313 Posts	Posted Today 12M ago I wonder if it could be PCGS will look at photos of the coins for their opinion, not that they would be sent to them and graded. Of course this would mean PCGS has enough trained employees to look at pics and ebay requiring good photos. This would be better than the current situation. We'll have to wait for more details. I like seller verification idea, funds in escrow. Edited by livingwater Today 1M ago Report this Post to the Staff
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