Help Report This Item.

I gota agree, I may not like it, but I am so jaded by every Morgan being listed as "PQ DMPL MS65" when in fact it is an AU with dull surfaces. It happens all the time. I agree I don't like overgrading,and the newbies do get taken advantage of.

Morally no, but according to ebay rules yes. You cant put grades on raw coins anywhere in the listing or even for slabbed coins not from PCGS NGC ANACS or ICG. It seems the letter grades get past the current ebay filter though.

But its not something I would go out of my way to report

I originally agreed with basebal21, but then I checked the ebay policies site. http://pages.ebay.com/help/policies...rstamps.html
Looks like letter grades are ok, but not numerical grades.

I really think they intended to have no grading but from their rules they really are kind of poorly written.

If you take it at face value you could say oh well I just said vf or au thats not numeric but ebay probably expected that people would have followed it with a number grade afterwards anyway.

You could also argue any grade reference is an estimation of value, but its not a direct one.

To much grey area.

Either allow grading or dont. Personally I like it better if people cant just grade their own raw coins but its not a huge deal. But none of this well you can ballpark grade it but cant put an exact grade stuff.

Their policy is quite clear and precise. Since grading is subjective ebay has taken the position that a person, collector or dealer, isn't qualified to make the distinction between a VF-25 and a VF-30 so they won't allow the numbers but will let you specify a grade which is perfectly reasonable.

So many people who haven't been collectors before the grading services got started just don't know how to grade coins themselves and have come to rely on others to grade coins for them. Every collector should have at least a copy of the ANA Grading Standards and Photograde in their numismatic library.




A grade reference absolutely is a direct estimation of value whether or not you add the Sheldon number or not.

If a person sees what they believe is an over graded or overpriced coin on ebay so what they don't have to bid on it. There are plenty of other places on the WWW where collectors can buy from honest and reputable dealers besides the monopolistic ebay and their anti buyer and seller policies.

Ed
ANA LM-3175

Complete hogwash, Check sold 1921 "MS" Morgans on eBay, at the time of this posting they went anywhere from $27 to $630.

Wow now we're talking about litigation and judges. I'm not sure how that applies to an ebay auction with a subjective grading issue.

When people here present a coin for grading, we usually get a good range of estimates. Grading is purely subjective and just because one calls a coin VF and another calls it F or VF-30, it doesn't mean that anyone is right or wrong. And certainly it doesn't warrant reporting an auction or bringing up legalities in my opinion.

What if I go to a garage sale or a thrift store and see an item that I feel like they are asking too much money for? Should I call the police? Should I report it to the local newspaper? Should I tell them that they are trying to commit fraud simply because I don't agree with their asking price?

If your goal is to protect the less than sophisticated consumer, that's your choice, but I think you will drive yourself crazy if you want to go about it this way (reporting auctions where you don't agree with the grade or price and then posting it to a forum asking others to do the same).

I believe in a free market where buyers and sellers are free to conduct business without others trying to interfere unless it's a blatant case of misrepresentation (trying to pass off a fake 1895 Morgan as real for example). In this case, I don't see it being even remotely close to a blatant case of the coin being misrepresented and therefore there is no reason whatsoever to report the listing.

This all comes back to personal responsibility. Why isn't it the buyer's responsibility to know what he is buying? ebay can not fix "stupid" with policies. You can go to ebay and pick any other category and find sellers all over the place on description and price for the same type item. Personally, I would not have the guts to sell that coin as a VF nor would I price it at $100. When looking at the listing the first thing I did was pull a Red Book out to see if it was a better date. With the internet, anyone has the ability to check out what they are buying before they place their bid.