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Ebay Collusion With PCGS And NGC...

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Valued Member
Rewster's Avatar
United States
208 Posts
 Posted 04/18/2012  1:31 pm  Show Profile   Bookmark this reply Add Rewster to your friends list Get a Link to this Reply
That doesn't even make sense from ebay's point of view. By limited the TPG to only those 2 companies, they are reducing the number of listings, meaning less money for them. I'm all for limiting the companies, but come on, just those 2? Give me a break.

Why don't they ask Bill Ford what brand car they should limit vehicle sales to on ebay?
Pillar of the Community
w1a9c8k5's Avatar
United States
1348 Posts
 Posted 04/18/2012  2:04 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
ebay has probably had so many ebay and paypal claims for coins that the profit wasn't even worth all the work they had to put in.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 04/18/2012  3:03 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I think a lot of us are looking at this from the wrong angel. 1wa is right, this has a lot less to do with some big conspiracy and a lot more to do with the amount of claims ebay gets for fraudulent coins.

ebay has no vested interest in trying to say 1 company is better than another. Its in their interest to get as many as possible on there as they make their money through volume and bulk sales. With that said ANACS is not on there for a 1 simple reason, unlike PCGS/NGC you cannot go to the ANACS and verify that the code on the holder is indeed a legitimate coin from their pop report.

As soon as ANACS allows verification on their website you will see them added to the list. If some reputable dealer came to ebay with an impressive set like the penny actions they just had I'm sure they would promote that and sell them.

This has nothing to do with ebay trying to "squeeze" anyone out of the market and everything to do with them trying to reduce fraud and only have legitimate coins sold on the site. Frankly I like the effort on there part, a quick search of the coin listings on ebay and it becomes quite obvious they need to crack down on what can and cannot be said/listed ect.

For those that really cannot wait and just want to buy ANACS coins, you can still buy or sell them on ebay. You just cannot advertise them by their grade and the coins are basically considered raw, which as a buyer will probably get you a better price overall.

Thats just my Two Cents on the issue. I think if theres anything we should be upset about its the fees they charge to sell something on ebay and how they also charge a percentage of the shipping fee as well
Valued Member
akane17's Avatar
United States
404 Posts
 Posted 04/18/2012  3:43 pm  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
How can you blame John Albanese? ebay went to him for advice. If they take his word as gold, that's on ebay, not him.
For all you know, he may have told ebay that ANACS and ICG are reputable companies, but until you can verify certs online, they should be excluded.
If you only talk to 1 professional and base your decisions from what they say, that's your own fault, not the "professionals".

I'm in agreement with ebay on this one, AS OF NOW. If ANACS and ICG make moves to be able to verify certs online and still ebay will not take them a reputable dealer, then I call shenanigans.
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jbuck's Avatar
United States
189340 Posts
 Posted 04/18/2012  4:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We have two of these threads going on at once. In an effort to keep the relevant conversation together, I would like everyone to continue discussion in the slightly older topic here...

https://goccf.com/t/116778
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