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New Ebay Coin Rules Effective 09/17/2007

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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 09/19/2007  03:00 am  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
Count me in on the "yippy! great job!" crowd. For the links you provided, scumbuster... I'm assuming those were posted before the rule changes?
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Snooba's Avatar
Australia
1360 Posts
 Posted 09/19/2007  04:00 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
Aboncom currently has 1,738 listing which violate these new policies!
The new rules are great - but is ebay actually going to enforce them?

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tights24's Avatar
United States
2254 Posts
 Posted 09/19/2007  07:11 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
So all in all, we need to do searches in title only now instead of title and description, and it should narrow it down a bit. While I agree with everyone else that this is a good first step, allowing the grade and all references in the description will still be a pain for any kind of detailed search.

Ok Bobby, what's the math? How much does Meg get for 1738 completed listings, and this is just from ONE seller!!
Locked
822 Posts
 Posted 09/19/2007  10:22 am  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply
The listings I posted earlier are the ones that were in violation at the time of the post. All the others were started before the implementation of the new rules and are technically not in violation.

I have a feeling ebay may not start enforcing it hard until the 28th, when all possible allowed auctions would be done.
Valued Member
inacoffeebuzz's Avatar
United States
204 Posts
 Posted 09/19/2007  10:52 am  Show Profile   Bookmark this reply Add inacoffeebuzz to your friends list Get a Link to this Reply
Now all we need is a rule defining what constitutes a "MONSTER" for toned coins
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Scottishmoney's Avatar
United States
597 Posts
 Posted 09/19/2007  11:10 am  Show Profile   Bookmark this reply Add Scottishmoney to your friends list Get a Link to this Reply
When discussing these graders, I might remind fellow collectors here that such discussion may constitute what some may construe as libel or slander. Think ACG Accugrade Lawsuit etc.
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yechi7's Avatar
United States
717 Posts
 Posted 09/19/2007  11:20 am  Show Profile   Bookmark this reply Add yechi7 to your friends list Get a Link to this Reply
The following was sent out today from About.com's Susan Headley (Bold is mine):

quote:
eBay is implementing major changes to the listing rules in the Coins categories, effective Oct. 1, essentially forcing dealers to sell slabbed coins as "raw" (ungraded) unless they are from the top 5 grading services (PCGS, NGC, NCS, ANACS, and ICG.)


http://coins.about.com/b/a/000162.htm?nl=1
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bobby131313's Avatar
United States
24170 Posts
 Posted 09/19/2007  11:22 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
She's wrong. They're effective now and on the site.
Member
amac44's Avatar
United States
3242 Posts
 Posted 09/19/2007  11:27 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
SGS Deadsomeone will find away to post them were there's a will there awaySGS DEAD
Valued Member
Australia
161 Posts
 Posted 09/19/2007  12:36 pm  Show Profile   Bookmark this reply Add secretsquirrel to your friends list Get a Link to this Reply
I don't like it.

I can no longer list a graded high value coin with numeric grading in the title on ebay US and give it a fair title that my US$50 for reserve price deserves.
All because my rare Australian coin hasn't been slabbed by 1 of 5 American Grading Companies.

I guess it's a good thing for US collectors with the number of listings they have and if it only applies to US coins then that's ok

I like this one. Stock photos are also not permitted.

and this one will be a pain for anyone selling a bucket of coins

Specifically identify every individual coin or paper money item listed to avoid misunderstandings about the nature of the items.
Valued Member
dglavin96's Avatar
United States
54 Posts
 Posted 09/19/2007  6:06 pm  Show Profile   Bookmark this reply Add dglavin96 to your friends list Get a Link to this Reply
I guess this will help protect some buyers, but I can't imagine that anbody who understands the meaning of a grade would not also know who the legitimate TPGs are.
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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 09/19/2007  10:23 pm  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
quote:
I can't imagine that anbody who understands the meaning of a grade would not also know who the legitimate TPGs are.


New collectors get fooled all the time. Otherwise people wouldn't waste their time and money sending coins to BS graders for an overgrade.

On a different subject, what about loopholes? Can someone put in the title "GRADED BY SEGS"? This obviously implies certification without actually saying it.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/20/2007  08:05 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I think SEGS actually tries to grade/attribute correctly, I just think they get confused with SGS way to much. PCI is another one I think should have been added to the "acceptable TPG list" because they are a legitimate company that tries to get authentication/grades correct also (even though they tried a little harder a few years ago with correct grades, they still have some good authenticators there). NTC could probably file suit but I just always thought of them as a self slabber myself (just with better slabs) because I have seen so many fake coins in their slabs and way too many grossly overgraded coins
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/20/2007  10:35 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
At the Coins discussion board on ebay, the Admin covering that category has posted that enforcement will begin October 1st:

http://forums.ebay.com/db1/thread.j...190161253763
Valued Member
Connecticoin's Avatar
United States
89 Posts
 Posted 09/20/2007  10:38 am  Show Profile   Bookmark this reply Add Connecticoin to your friends list Get a Link to this Reply
This is the best thing ebay ever did with coin auctions.

And, it is entirely appropriate that PCI and SEGS are excluded -- they consistently overgrade by an average of 2 points, and holder problems coins and AT coins all the time. The days of high volume ebay crapseters flooding the listings with PCI gold slabs and trends values are behind us, and thankfully so.

Instead of suing ebay, PCI and SEGS should tighten their standards and grade properly.
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