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More Self Slabbers Will Flood The Market In The Next Few...

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Amazon99's Avatar
United States
2443 Posts
 Posted 08/29/2007  6:42 pm Show Profile   Bookmark this topic Add Amazon99 to your friends list Get a Link to this Message Number of Subscribers
months because ebay made it that you can't list a grade of the coin that your selling unless it's graded by a TGP. I think that now a lot of people are going to be doing this, just so they can list the grade they want in the title and to bring the people to there auction.
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tights24's Avatar
United States
2254 Posts
 Posted 08/29/2007  6:53 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
Did ebay just come out with this? Did you get an email from them? I would love to read it. Maybe I'll log on....
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Amazon99's Avatar
United States
2443 Posts
 Posted 08/29/2007  7:25 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
No, I don't think they sent out an e-mail but a lot of people have been saying this and I have noticed that unless the coins are slabbed people are only able to list them as G VG F EF AU MS BU etc. No MS63 AU58, etc.
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GO's Avatar
United States
6563 Posts
 Posted 08/29/2007  7:30 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply


I'd have to see that to believe it. I find it highly unlikely that ebay will stop all listings that have a numbered grade in their listing. It's really no different then people throwing out the terms "choice", "GEM", and "brillant" uncirculated

what would be nice is if they'd just come to this forum and ask us for advice.
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bobby131313's Avatar
United States
24164 Posts
 Posted 08/29/2007  7:56 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
quote:
but a lot of people have been saying this


Where? Some examples please?
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amac44's Avatar
United States
3242 Posts
 Posted 08/30/2007  07:33 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
Its rumor has it
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lonnie's Avatar
United States
250 Posts
 Posted 08/30/2007  6:32 pm  Show Profile   Bookmark this reply Add lonnie to your friends list Get a Link to this Reply
I just won 2 ebay auctions day before yesterday that were raw - listed as MS 66.

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Conder101's Avatar
United States
17884 Posts
 Posted 08/30/2007  7:03 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
It has been commented on for about a week on the PCGS forum. Complaints from members that their auctions were pulled because they listed numeric grades in the title on coins that were not slabbed. Here's a link to the thread.

Well I can't get the thread to work as a link. Paste both halves of this into the address bar on the browser. Make sure there isn't a space btween the halves.

http://forums.collectors.com/messageview.cfm? catid=26&threadid=604051&highlight_key=y&keyword1=title
Edited by Conder101
08/30/2007 7:16 pm
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InfiniteInterest's Avatar
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673 Posts
 Posted 08/30/2007  8:22 pm  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list Get a Link to this Reply
Are they trying to say that TPG slabs are the only accurate grading numbers ? If so , when do they abolish the slabs that are inaccurately graded ? And who decides which ones are accurate ?

Ugh...Sounds like another reason not to sell on ebay. Does this include a numerical grade in the actual auction text also ? I guess anyone searching for specific grade coins will be looking harder for raw coins.
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Amazon99's Avatar
United States
2443 Posts
 Posted 08/30/2007  9:02 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Yup, I saw it on the PCGS boards like Condor listed. I've noticed that a lot of auctions on ebay don't have any grades in them unless they're slabbed, but I've also bought items that were raw and had the number listed. My guess is that some of those items were listed before the change, had a 10 day auction, or they've slipped through and no one reported them. Personally, I don't like what ebay did, because now I have to search through dozens of posts that say high grade, nice coin, great condition, etc.
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InfiniteInterest's Avatar
United States
673 Posts
 Posted 08/30/2007  9:25 pm  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list Get a Link to this Reply
So I guess "High Grade" and "Nice Coin" and "Great Condition " are the new standard of grading ? Lets take it back a hundred years when they were Good , Fine , or Uncirculated. And that settles that !

I wonder if You could get away with writing Mint State Sixty Four
Edited by InfiniteInterest
08/30/2007 9:27 pm
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Amazon99's Avatar
United States
2443 Posts
 Posted 08/30/2007  9:28 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Well, no, you can still list the coins as AU, EF etc, just no AU58, EF40, etc. That's only for slabbed coins. But I've been looking at a lot of Shield nickel auctions, and I see those now popping up. I'll see an high grade coin listed as example: 1968 Shield nickel high grade nice. Not really too appealing. But what ebay did, I guess it will make it easier to find slabbed coins...I guess that was there whole reasoning of it.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/31/2007  3:00 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
I guess it will make it easier to find slabbed coins...

Yes but potentially slabbed by every Tom, Dick and Harry grading service.
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Scottishmoney's Avatar
United States
597 Posts
 Posted 08/31/2007  3:35 pm  Show Profile   Bookmark this reply Add Scottishmoney to your friends list Get a Link to this Reply
Announcing the start of that miraculously wonderful new grading service called OVERGradeanddevalue
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 09/14/2007  08:18 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Personally, I find this appalling. I have been listing numerical grades in my titles for years and have not overgraded. The fact that ebay has now decided that these alphabet soup companies have more knowledge and credibility than I do makes me very angry.

The self-slabbers don't stand behind their coins, which I do, and they have had many more complaints about their grades than I have. (I think I had one customer disagree with a grade in the past 4 years.) If anything, some of my buyers market grade which means that they see my coins as higher grades than I state.

I see this as ebay almost forcing honest sellers to start basement slabbing. I think this will make ebay more unsafe as it promotes unethical practices.
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Conder101's Avatar
United States
17884 Posts
 Posted 09/20/2007  9:53 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Well now ebay has decided that you can only list the coins by grading service if they are PCGS, NGC, NCS, ICG, and ANACS. Supposedly his includes both in the title OR in the description. I don't know if you can still list the numerical grade in the description for the third world slabs or not. Of course they also admit that they are not going to be able to actively enforce this rule, but I suppose they might pull auctions if they were brought to their attention with mention of the of the new rule. If they were to enforce this it would go a long way to ending the third worlders. Unfortunately it would also put an end to anyone who wanted to try an begin another true top quality grading service because it closes the door to a significant exposure on the market.
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