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 Replies: 7 / Views: 1,537 |
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New Member
United States
9 Posts |
hi everyone I had an experience on ebay with sulleyscoins.i bought 3 slabbed coins from him. the grading company was ccs.i looked on the internet and there wasnt any listing. so I cracked one of the slabs and sent it to pcgsit came back au55. the slaB I CRACKED SAID MS67.big difference. I cracked another one and it came back ungraded with a note that said cleaned.so I started watching him in morgans, Peace dollars and now american silver eagles. he's got another phony grading co made up now. hes easy to spot every 4th or 5th listing is his. he only uses a couple of photos one shows the coin close up with a white rubber insert that looks like a white wall tire the other is his phony slab. you can find him in morgans peace and eagles every listing is ms67 to ms 70.and I think hes using another name geniescoins. take a look but dont buy. I tried to notify ebay and all I got was runarounds. guess they dont care!  |
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Pillar of the Community
United States
882 Posts |
I would highly recommend never buying mystery lots for slabbed coins. You will always get burned. Just don't do it. If they were ALL PCGS or NGC, think about it, approach with caution. But don't buy these lots when you already know your going to get some 3rd world grading company.
Ty
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Pillar of the Community
United States
830 Posts |
There are only a handful of trustworthy TPGs. PCGS, NGC, ANACS and ICG are the only slabs I would consider buying. The vast majority of the other "grading" companies are ripoffs. You've done about the best you can by reporting him to ebay (who, as you indicate, doesn't really care), and reporting him on these forums. |
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Forum Mom
 United States
5877 Posts |
I think the problem with ebay is that they don't understand numismatics and don't really work in tandem with the ANA. I think that deal was more so that the ANA would get exposure and ebay would gain some credibility in the numismatic world. For the most part, they are cracking down on counterfeits and forgeries, but they still don't understand the actual definition of "certified" and don't understand which companies should be considered legitimate. Incidentally, PCI is perfectly acceptable for authenticity, though their grades tend to run a little liberal. |
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Pillar of the Community
United Kingdom
2217 Posts |
There is one in the UK I am suspicious of because he exaggerates the grade of his coins but he doesn't try to falsely substantiate them by actually quoting a grade.
it's more like using the same photo for every different coin and this photo looks perfect. You buy the coin and it's actually gone off on the bottom right. Re-using the same photo to me is a shady thing...
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Pillar of the Community
United States
1283 Posts |
The problem is these seller who post "certified" coins from boiler room TPGs technically aren't doing anything fraudulent. The seller can simply claim THEY certified it, not them. It's up to the buyer to decide if they like the coin or agree with the grader.
That being said I still think such postings are extremely shadey. Online I ONLY buy PCGS, NGC or ANACS. Those are the only three that are almost universally accepted by everyone for authenticity and grade.
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Pillar of the Community
United States
1840 Posts |
The difference between MS-67 and AU-55 should be like night and day. If you're having questions about a coin you may want to post a picture of it on this forum before you bid. That's what I do when I have questions about a coin or series I am unfamiliar with. I haven't been let down by the advice that I've gotten.
Edited by snowman
05/03/2007 3:41 pm
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Pillar of the Community
Australia
1295 Posts |
Advice I hear all the time is buy the coin and not the slab. Especially if you are not going to buy PCGS/NGC/ANACS. If you are buying outside of these three then learn to grade yourself and ignore the grade on the alphabet soup slab.
I should also point out that perhaps you were motivated to purchase these slabs because the price seemed amazingly low for the 'grades' they purported to be. Like all things in life bnoggle, if something seems too good to be true, then it most likely is.
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Replies: 7 / Views: 1,537 |
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Posted 04/30/2007 11:58 am
