Ebay Notice On Coin Listings - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 20 / Views: 2,985	Page: of 2
timsumrall Pillar of the Community United States 1256 Posts	Posted 05/22/2012 1:05 pm Quote: Just a quick reminder that a few changes will take effect on May 31 that are designed to improve buyer confidence and sales in the Coins category. We also want to notify you that since we announced these changes in April, two more companies have met our standards for grading coins-giving you more companies to choose from. Update your Coins listings now to comply with the new policy. Starting on May 31, only listings for coins that have been graded by one of the following companies may include a numeric grade in their listing title or item description: • Numismatic Guaranty Corporation (NGC) • Professional Coin Grading Service (PCGS) • American Numismatic Association Certification Services (ANACS) • Independent Coin Graders (ICG) Coins that haven't been graded by one of these companies will be considered raw. Also, whenever you list or relist a single coin within the Coins:US category with a Buy It Now, reserve or start price of $2,500 or more, you are required to have your item graded by one of these companies. Good 'Til Cancelled listings will have to comply with the new policy starting on June 30. Bullion, collections, mixed lots, and sets of coins are excluded from this requirement. Listings that don't comply by these dates will be ineligible for relist or renewal and will be removed. Including a numeric grade from companies who have met ebay's stringent standards will help assure buyers that your listings accurately represent the high quality of your coins. Take action now to ensure your listings remain available on the ebay marketplace. Have a great day and thank you for selling on ebay! ebay Selling Team Quote: two more companies have met our standards for grading coins Quote: Including a numeric grade from companies who have met ebay's stringent standards Nice to see ebay setting the standard for grading Report this Post to the Staff

donkrx Valued Member United States 227 Posts	Posted 05/22/2012 1:29 pm I could see the $2500 being lower, but the rest is good. Report this Post to the Staff
CaptainFwiffo Pillar of the Community United States 4132 Posts	Posted 05/22/2012 1:31 pm Who moved, the TPGs or ebay? Just checked ANACS's web site - they now have a cert lookup, which is definitely new, and hey, so does ICG. I guess ebay's wankishness has had a positive outcome. Edited by CaptainFwiffo 05/22/2012 1:32 pm Report this Post to the Staff
macmercury Pillar of the Community United States 5822 Posts	Posted 05/22/2012 2:32 pm ANACS website still needed a lot of improvement, but I agree that ebay tactic did some good way to push it along. I am not sure about the $2500 Reserved/BIN/start price for raw coin had to be certified by one of the 3rd TPG, but then again, I wouldn't want to buy a raw coin with that price without first inspecting it. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 05/22/2012 3:39 pm Quote: Nice to see ebay setting the standard for grading They didn't, they set standards for grading companies. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/22/2012 3:44 pm The 2500 does seem really high for ungraded coins. Then again its kind of your own fault if you spend that kind of money on something youve never seen and have no assurance to it. Hopefully now the SGS (i think theyre the ones who basically only grade 70) coins will disappear from the site Report this Post to the Staff
oih82w8 Pillar of the Community United States 7840 Posts	Posted 05/22/2012 3:45 pm That did not take long to get blocked at work, I mean at location "B"; ACCESS DENIED ANACS Certification Search http://anacs.inetlogic.com/ SEGS coins will not be able to identified with a numerical grade in the title, you can spout off all you want in the description, SEGS is not going anywhere. Edited by oih82w8 05/22/2012 3:48 pm Report this Post to the Staff
MadMortician Valued Member United States 397 Posts	Posted 05/22/2012 4:01 pm I don't sell/buy on ebay at the moment, but this seems like a good thing for coins? Am I missing a downfall to this? If anything I was going to try my luck selling some nice looking copper cents as single coins and bulk sales, and I just have to avoiding giving it a grade (which I wasn't planning on doing anyways). Report this Post to the Staff
unfamiliar Valued Member United States 142 Posts	Posted 05/22/2012 4:07 pm Quote: SEGS coins will not be able to identified with a numerical grade in the title, you can spout off all you want in the description, SEGS is not going anywhere. That isn't actually correct. You're no longer allowed to mention an unapproved grading company, even in the description of your listing. You can't include a picture of the slab, either. And they're enforcing the new rules pretty strongly. Report this Post to the Staff
oih82w8 Pillar of the Community United States 7840 Posts	Posted 05/22/2012 4:09 pm Must have misread that...I don't mess with anything less the the TOP III TPR'ers anyway. Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 05/22/2012 5:14 pm Quote: Am I missing a downfall to this? I predict a proliferation of fake PCGS, NGC, ANACS, and ICG slabs with cloned certification numbers Report this Post to the Staff
mvc Valued Member United States 138 Posts	Posted 05/22/2012 5:54 pm well, its nice to see ICG and ANACS back Report this Post to the Staff
Parklane64 Rest in Peace United States 2668 Posts	Posted 05/22/2012 5:59 pm I'm glad I no longer do ebay. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 05/22/2012 9:34 pm I didn't know ANACS had ever been taken away from approved TPG's. When I first read this I was thinking "two all I see is one added and that is ICG" I thought NGC,PCGS and ANACS was always approved Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/22/2012 9:41 pm Quote: I didn't know ANACS had ever been taken away from approved TPG's. When I first read this I was thinking "two all I see is one added and that is ICG" I thought NGC,PCGS and ANACS was always approved Technically none of them were really taken away since they got their databases going before the changes go into effect Report this Post to the Staff
Spider5689 Pillar of the Community United States 2269 Posts	Posted 05/22/2012 10:04 pm Hmmm. I have one concern regarding both the 4 certification services and the $2,500.00 limit on selling raw coins. Being a collector of ancient coins, I subscribe to the practice on not having my coins graded. I am ok with grading modern issues, but as for Ancient coins, I shun the practice. I am not alone in this belief. Most Ancient coin collectors also shun TPGs. Out of all 50+ Ancient Coins I own, I only have 2 of them graded. They are graded and certified by Sear. When you have an Ancient coin graded by Sear, your coin isn't encapsulated, it is sent back to you with a laminated certificate with a photo of your coin and a signature from David Sear with information about the coin and a grade. Obviously Sear isn't considered a TPG with standards by ebay. In the Ancient coin industry, Sear certification is highly respected as one if not the best. Unlike TPGs, Sear is more knowledgeable and focuses on Ancient coins only. I recently sold two coins that were also certified by David Sear. With the new rules in effect, both would be considered raw ungraded coins. The other problem I have is with the selling limit. If you are a collector of Roman Aureus, you may have one or more coins in your collection that sell for way more than $2500.00. If I was to sell an Aureus, ebay would only want me to have it certified by a TPG which is shunned by the Ancient Coin collecting community. TPG such as NGC have on more than one occasion mis attributed ancient coins. Personally, I prefer not to sell my ancients on ebay, but others rely on it. I wonder how this is going to affect Ancient Coin collectors out there. Edited by Spider5689 05/22/2012 10:16 pm Report this Post to the Staff
	Replies: 20 / Views: 2,985	Page: of 2

Last 15 Replies

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Main Coin Forum

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.42 seconds to rattle this change.