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 Replies: 35 / Views: 5,700 |
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Pillar of the Community
861 Posts |
This seller, centsles, has started CRACKING-OUT certified coins again and is putting them in his own NNC holders. It is against ebay rules and I have been reporting them, but, he seems to be immune from ebay punishment. This Teflon Don coin seller has been caught on the following crack-outs: 1851-O $20 Gold Crack-out: item#: 310776420434item#: 390675086294Seller, centsles, bought this coin on ebay as item # 390675086294 in an NGC AU details-Brushed holder. He cracked this coin out and has listed it as an AU-58 with NO mention of the known defects. 1855-D $1 Gold Crack-out: item#: 141051510266item#: 141098070071Seller, centsles, bought this coin on ebay as item # 141051510266 in an ANACS XF details-Altered Surfaces holder. He cracked this coin out and has listed it as an AU-55 with NO mention of the known defects. His crappy pictures attempt to hide the fact that they are the same coin, but, basic coin forensics easily prove they are one and the same. |
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Pillar of the Community
Canada
5417 Posts |
Just saying that the gold dollar is nowhere near Au-55, hard to think that people believe in that. Probably VF-30 Details if sent to PCGS. However there are no rules that directly ban him from doing what he is doing. Unless he owns NNC in which case an argument can be made against him. Ethics wise: Yes there's an issue. Legally? Not really.
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Pillar of the Community
United States
2311 Posts |
It's legal for what he does.
But it's shameful...
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Rest in Peace
United States
10625 Posts |
Quote:
Unless he owns NNC He is NNC. The grading table is set up in his basement. |
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Bedrock of the Community
13014 Posts |
Nice catch again.
Can you really get any lazier than buying them and selling crackouts on the same site?
I did get a chuckle out of the negative feedback someone left saying they wish he would photoshop their wife too.
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Pillar of the Community
United States
2311 Posts |
@Basebal, for saying that made me want to see it, lol Quote:Taken from ebay feedback: Hi, please photoshop my wife, maybe than I'll be happy Totally OVER graded !! |
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Pillar of the Community
 United States
4591 Posts |
You can try reporting Mr. Johnson to the ANA - if he is a member (whois data traces back to Bob Johnson of Countryside Ct in St. Cloud, FL). -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
1903 Posts |
I am going to stir up a hornets nest saying this....but who is to say NGC, ANACS or PCGS are the end all be all when it comes to grading? They graded their first coins at one point as well...they all had to start somewhere. And if people will go on to say..."oh, but this guys coins are over graded" then why oh why do so many people resubmit coins to the big TPGSs? Seems to me that they make mistakes as well. We all need to leave a little room in our minds to be open minded enough to consider that someday there might be a new player in town. I am not saying this guy is it, but I must confess, I do grow weary of people who tout..."big three or nothing". As many respected member here say "buy the coin, not the holder".
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Valued Member
United States
380 Posts |
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Pillar of the Community
United States
2734 Posts |
Makes me almost wonder why he doesn't just sell them raw.
Many, many buyers who dismiss any auction with a basement slab coin would have bid on that 1851-O as a raw coin with only a seller's estimated grade of "AU-58" in the description (which his what his basement slab is anyway).
unholyroller made a great point that many Big Three slabs are over-graded as well, but are any of this guy's basement slabs in a LOWER grade than what he cracked out? His only intent is grade inflation via removal of a "problem" status...
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Pillar of the Community
United States
1903 Posts |
I agree that THIS guy is trying to give these coins a "cleaner" grade, but look at it this way from another perspective. If I was trying to start up a new grading service, just to get some volume out there...I would probably buy some slabbed coins with the intent of cracking them out and putting them in my company's slab...there are only so many good coins out there to buy, and if I want to get my name out there...I am going to be forced to buy some in slabs in the process.
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Bedrock of the Community
13014 Posts |
Quote:
...I would probably buy some slabbed coins with the intent of cracking them out and putting them in my company's slab...there are only so many good coins out there to buy, and if I want to get my name out there...I am going to be forced to buy some in slabs in the process. Thats a fair point, but details coins wouldnt really be the ones youd want to be targeting. Nothing will destroy a start up faster than your clean slabs coming back as details if resubmitted. If anything would you want to go ultra conservative on grading so people are impressed or feel theyre upgrade worthy |
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Pillar of the Community
United States
4415 Posts |
The sellers, ebay and the re-slabbing TPG's are all making money on "deals" like this. It seems to me that the only losers in these transactions are those who overly depend upon the opinions of others to grade coins. While I do empathize with the losers to some degree, they ultimately have mostly themselves to blame. After all, never before in the history of numismatics have collectors had so many books and online resources at hand. Whether it be coins, stocks, votes or whatever, all too many folks are impulsive and disinclined to do any homework and study the facts ... A price, they, and sometimes we, all pay. P.S. - Kudos on yet another fine catch, g048406 ...    Edited by ExoGuy
10/25/2013 10:35 am
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Pillar of the Community
 861 Posts |
I think you are missing the point here. It is against ebay rules to knowingly list a coin without revealing known defects. Centsles can legitimately list coins in his Self Slab holders and put any grade he wants on it, however, he MUST disclose in his description any known defects. ie, in the case of the 1855-d, it is known, by him, that the surfaces have been altered. Centsles did NOT reveal this in his description, thus, ebay has REMOVED HIS LISTING FOR VIOLATING ebay POLICY. |
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Pillar of the Community
United States
4415 Posts |
Yes, your point is well taken. That said, he can undoubtedly sell it in another venue. ebay has ignored some of my reports over the years. I'm glad to hear that they honored yours, g048406. Keep the vigil ... |
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Moderator
 United States
23522 Posts |
You got one of his listings removed?  That's a crack in the armor. Well done. |
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Replies: 35 / Views: 5,700 |
Posted 10/24/2013 8:48 pm
