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Crack-Out Artist Is At It Again

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Pillar of the Community
861 Posts
 Posted 10/25/2013  12:00 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
Yes, this is the first time I've seen ebay take action against any of his listings. Let's hope this sets a trend.

PS: ExoGuy, my previous post was not targeted towards you. I agree completely with your opinions. Sorry for the confusion.
Edited by g048406
10/25/2013 2:46 pm
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 Posted 10/25/2013  12:50 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
Here is YET another Centsles CRACK-OUT:

1855-O $1 Gold Crack-out:
item#:141096371971
item#:231067827307

Seller, centsles, bought this coin on ebay as item #231067827307 in an PCGS AU details-Smoothed holder. He cracked this coin out and has listed it as an AU-58 with NO mention of the known defects.
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/25/2013  1:15 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
So...what you are saying is that what PGCS or NGC says is the law of the land? I guess you missed my point. Just because a TPG says XYZ doesn't mean someone else can't have a differing opinion. Let's do an experiment....so let us say that I submit a coin to PCGS and it gets a "details" slabbing. I think that they are wrong...send it in for resubmission and it doesn't get "details" the second go around. If I then sell that coin on ebay in the PCGS holder, am I breaking ebay rules? If I resubmitted it to NGC and they slab and give it a grade and then resell it on ebay, am I now breaking the rules? As we have seen recently on some threads here where coins degrade in the holder...if I sell it with the original grading, am I breaking the rules?
Edited by unholyroller
10/25/2013 1:17 pm
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 Posted 10/25/2013  1:38 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
ebay policy is coins in 'approved' TPG holders are considered accurately graded. A Seller can disagree with the TPG's assessment and crack the coin out and sell it raw, but, they must acknowledge what the TPG stated was wrong with the coin. If the seller disagrees with the TPG's grade, they can resubmit the coin to another, or the same TPG for regrading. The reason ebay is insistent on this disclosure is because the buyer can only go by a 2-Dimensional picture which can easily obscure any issues. I'm not sure why you have an issue with this ebay policy, but, if you disagree with ebay, you should just not use ebay. You can start your own auction web-site and make any rules you want.
Edited by g048406
10/25/2013 1:41 pm
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 Posted 10/25/2013  1:40 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
NOW, Here is YET another Centsles CRACK-OUT:

1879-cc $5 Gold Crack-out:
item#:321167865592
item#:310754492668

Seller, centsles, bought this coin on ebay as item #321167865592 in an NGC AU details-Cleaned holder. He cracked this coin out and has listed it as an AU-58 with NO mention of the known defects.
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/25/2013  1:47 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
You are still missing my point...who makes any TPG the end all be all? No one should have that authority and in fact most likely violates FTC collusion laws when ebay is requiring that sales be authenticated via specific services only.
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Broken-Coin's Avatar
United States
1812 Posts
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 Posted 10/25/2013  1:55 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
Any TPG can join the ebay 'authority'. All they have to do is meet the minimum ebay standards ie on-line data base etc. There is no collusion, it is open market. In the future, other TPG's may be added and some removed. Companies set their own standards. ebay set these standards to protect buyers from unscrupulous sellers. These standards were adopted by ebay based on public input. No system is perfect and as ebay finds changes are needed, they implement them.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/25/2013  1:55 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's a question of degree, unholyroller. Yes, it's known that there is wiggle room in many TPG "Details" designations. However, that wiggle room does_not exist in the majority of them. You can see the reason for the "Details" designation as clearly as I, or any other halfway-knowledgeable collector. And presentation counts, as well.

Let's go back to the original 1851-O $20 mentioned here. The original auction, as evidenced by the original seller's very high-resolution images, made the coin's cleaning very apparent and unmistakable. Nobody would argue that the coin had been altered. The resale auction's images were not nearly so clear, and offered none of the obvious evidence, while the accompanying copy made no mention of any discrepancy. Here, let's have a look.

Original auction image (keep in mind, I downsized this one by 1/3 just to post here:

Crack-Out-Artist-Is-At-It-Again

The image, as in Centsles' auction, actual size:

Crack-Out-Artist-Is-At-It-Again

The marks visible on both images serve to conclusively identify them as the same coin. In fact - although I do not make that direct accusation - there's evidence that the smaller image was physically altered to lessen the impact of the coin. Note how much "nicer" the major planchet flaw next to the T looks in the smaller pic - that's not attributable to photography alone.

This is what you're defending, not some subtle, arguable difference. I have to assume you're just not aware of the scale of the deception involved here. And, keep in mind, this seller is a former finalist in the PCGS Grading Contest, a person whose grading and attribution skills - as defined by numismatic standards and the TPG's - are established beyond question. He knows better.
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ExoGuy's Avatar
United States
4421 Posts
 Posted 10/25/2013  1:57 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Holy Moley ... This seller's feedback is the worst that I've seen, and he sells high ticket coins!
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/25/2013  2:14 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Just to be clear...I am not defending this person at all...he is obviously a scumbag. I just question the policies and blind faith.
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/25/2013  2:22 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
By the way...check out his positive feedback....he obviously sells himself a lot of coins! Lol
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SsuperDdave's Avatar
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 Posted 10/25/2013  2:24 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Just to be clear...I am not defending this person at all...he is obviously a scumbag. I just question the policies and blind faith.


Absolutely understood. The chief complaint - at least, in the way that I personally visualize this situation - is that the TPG's were unmistakably correct in their initial evaluation, and the crackout reseller would/should have listed the hidden discrepancy had the coin been acquired raw or not. The thing is, TPG's get it right more often than wrong (even though it's the mistakes which get all the press), and there's every reason to generally trust their opinion. Mindful of your mention of "blind faith," that is.
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CoinDan98's Avatar
United States
1053 Posts
 Posted 10/29/2013  8:18 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
good catch again.

Quote:
He is NNC. The grading table is set up in his basement.

Pillar of the Community
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 Posted 10/29/2013  11:14 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
You can't make this stuff up........centsles has just relisted the same 1855-d $1 gold that ebay removed a couple of days ago from my 1st post in this thread:
new ebay listing: item#: 310781193612
1855-D $1 Gold Crack-out:
removed ebay listing: item#:141051510266
item#:141098070071
Seller, 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.
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