Did He Crack This One Out? $10 Gold Eagle

I've been asking for years for people to join me in a class action against ebay for their handling of known Numismatic fraud that compromises the integrity of our hobby. No one ever seems to want to throw in. I think there's a serious case to be made for them to pay retribution in the millions to the class.

The first coin was a scam for sure since he cracked it and re-graded it in his own slab but the Draped Bust has an ebay approved ICG blessing so I'd think they should be held liable more than anyone

I have no respect for centsles but ICG is reputable. If the impairments on this 1795 eagle are slight then I presume ICG legitimately slabbed it as problem-free. It's not proof of some kind of corruption. Centsles submitted it raw to ICG and lucked out that they did not detect a significant problem.

Hopefully the bid will top out at the current $15,300 and centsles will end up with no profit.

Where do you see the lacking facts?

Do you not agree that the seller has purchased known-problem coins, cracked them out and is now reselling as his own assessed problem free?

Interesting that ANACS only netted the 1795 Eagle from AU to EF40, indicates the problems were relatively minor. ICG then assigned a grade of 45. ICG is not a serious player at this level of coin.

I have cracked out NGC coins and resubmitted to NGC. A plain 1911 $2 1/2 regraded a 1911-D. I put more stock in ICG opinion than his own self slab opinion.

Very interesting topic. Just want to get some clarification here, aside from the potential fraud component. My understanding is there are four generally reputable services: PCGS, NGC, ANACS, and IGC. So the original coin is in a "NCS" holder and they deem the reverse as "repaired". Well, why are we putting any stock in this? What the heck is repaired anyway? Can anyone here discern an issue with the coin's integrity? If not, who's
to say what it's value is. So why do we care what "NCS" says about it? I would want to crack it out of there too with that kind of "details" baloney.

Also, it is total caveat emptor with this coin being in this guy's own personal holder. He can put any "name" on his holder that he wants. The buyer should know better at these prices - meaning these holders are no different than no holder, right?




So you are convinced it was a problem coin, just because NCS says so? That is one opinion. He has every right to crack it outta there. caveat emptor. This is a lot of money, so buy raw or from inferior TPG and risk losing numismatic value (if he cannot sell down the road), or buy in a top TPG'er slab.

Ok, my bad, I see that NGC now.

Can anyone see what repair they are talking about?

Wasn't trying to defend this guy in the least, just was confused as to why third rate TPG's are being given a lot of stock.