1789 8 Reales

Perhaps the seller does not like plastic coffins to house his collection.

Or perhaps, he is associated with the Romanian forgery ring that made it.

The coin is suspicious at best and I would not bid on the coin as genuine.

Indeed, it's not a good idea to buy those raw from ebay .

The Chinese have certainly done just that, and if the certification number is gotten right, such can be very deceptive. Usually a photo comparison or info as to where that specific coin resides or has been sold will then expose the ruse.

In the case of spurious slabs, an auction house should always provide a guarantee and return your money. However, there are some cases where there is almost no recourse beyond an individual seller on ebay.

If you buy a slabbed coin from someone on ebay - ebay will try to duck out of the deal because they rely on the fact the coin is in an NGC slab. If it is a counterfeit slab not done by NGC - NGC will definitely be off the hook. ebay will claim they had no way of knowing and throw the ball to the individual seller. Since there is also a no return of TPG graded coin policy on ebay the seller can claim he too relied on the NGC guarantee.

Now that PayPal and ebay are no longer owned by the same people - I would try to use the PayPal guarantee but expect some push back.

The buyer of TPG coins (NGC) needs to be very careful that he/she is getting the actual NGC coin. The buyer has a responsibility to check the number on the slab and the photos in the on line file to make sure the coin is identical. If the slab is NOT PICTURED in the archive I would suggest NOT BIDDING unless you know the seller very well.