E-bay Graded Coin Rules Are Officially Posted

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How about some additional rules: Let's ban the following:

• Statements of color that don't match the color of the coin - you can't say "Red" in the title when the coin is brown
• Calling something rare that isn't. (these presidential dollars are extremely rare and will soon disappear forever...............)
• Describing collections as unsearched - everyone knows they are not. Let's not insult everyone's intelligence.
• Listing coins in the title that one might find in said unsearched collection (e.g. "bag o' coins - 1955 Double Die! Double Die! Double Die!"). You might also find a live aardvark in the bag but I wouldn't count on it.
• Omitting the word "replica" from the titles of listings of replicas
• Use of the word "trends" in the title, especially by itself, which has no meaning. "Fabulous Morgan dollar, Trends!"
• Use of descriptions that have no meaning -

• "Choice"
• "Select"
• "Premium"
• "Brilliant"
• "Sharp"
• "Gem"

​

• Statements that the seller knows nothing about coins. (See "unsearched" above).
• Blurry photographs
• Leaving price tags on the coin that have nothing to do with the coin's value. Like a $300 price tag on a coin that is currently bidding for $102.

and many more.

 

No wonder I could not find it - they forgot to post it with their rules. They seem to be getting good at that lately.

 

I still don't see that statement!

 

Here;

 

Point taken but it makes me wonder this then.

Why did they choose to enforce it on Codydude815?

 

I have no clue and I have seen it enforced against others. I am still trying to get them to answer that question. My guess is that I will not succeed.

 

Here is my personal experience concerning Graded Morgan dollars, which is my area of grading expertise. I currently own well over 100 graded Morgans. I have seen, through the years, perhaps 10,000 plus. Maybe 20,000.

Bear with me on this.

My breakdown of the Morgans I own is 75% NGC, 20% ANACS, 5% PCGS. I think I own 1 ICG Morgan. As far as I am concerned, PCGS is number one, NGC is a close 2nd, and ANACS is an underated number 3 as far as Morgans are concerned. My avatar is an 1880-S NGC MS63. To me, it is clearly a DMPL MS64. I have a PCGS MS63 1878 7/8 VAM33 that is in my eyes, barely an MS61. Mostly my ANACS Morgans are correctly graded, to undergraded. All these guys get it wrong.

Speaking to TPG of Morgans, I trust none other than these 3.

But they all get wrong at times.

As far as the other TPG`s of perhaps the more modern issues, I would only include ICG, and PCI. SEGS is out of the picture. My opinion. As far as the other nonsense PURE BS TPG`s go, EBAY should have gotten a handle on this years ago.

We all know that these FRAUD TPG`s that NEVER were TPG`s, (only self grading crooks), made a home on ebay to deceive the naive and newbies. It was EBAY itself that created and perpetuated the fraud, and in fact enabled these crooks to steal millions and millions of dollars from the great unwashed and naive.

Abon.com was the most prolific of these, but not the only one.

It is about time EBAY decided to clean up after itself. It is a monster that they created. NONE of these self grading crooks would have existed, if not for EBAY.

 

I won't disagree with ANY of that BZ.

I own very few slabs myself but DO feel that ANACS is UNDER rated. They stick to the rules more than the others IMHO.

Yep,

Ebay created a(several) monsters. Time for them to fess up.

clembo

 

One could look at it at that way. ACG was the first and I have NEVER agreed with their grading standards.

ACG did indeed exist long before ebay and ebay welcomed them upon their inception. Yes, they may have set the precedent but ebay opened the doors for all of the others. ACG may have even become stronger for a while.

Ebay needs to take a lot of blame for this state and one can also look at the way ebay has changed. I can remember when sellers openly ridiculed ACG in ebay auctions. Lawsuits - yeah by ACG. It came to a halt.

Try openly criticizing SGS in an auction. Auction will most likely be yanked.

Ebay got itself out of that jam with policies. Only problem is that they invited more questionable sellers in by doing so. Now, you are openly allowed to misrepresent coins. Ka-ching!

Then people got tired of it and now it's starting to turn the other way.

Did ACG start this?- Perhaps.

Has ebay perpetuated it? - WITHOUT A DOUBT!

 

Finally ! Now newbies are not going to be moaning about the SGS slabs they have bought off eBay!!!

J.

 

Want to bet :whistle:

 

I agree GDJMSP that ACG may have been one of the OG (Original Gangstas) . But you just said it yourself that ACG pre-dated Ebay. My point is, in what I consider to be my most important and well written post ever, is that Ebay CREATED These CROOK TPG`s. Ebay has enabled all these self-graders to have some aura of of respectability, and legitimacy to the newbies, and naive. I truly beleive that the dozens of these self grading crooks, such as ABON.COM and others, have reaped 10`s of millions dollars in money that they overcharged the people that unwittingly accepted the aura of legitimacy that Ebay provided.

I quit the ANA when they failed to provide the oversight of Ebay that we were led to believe they would do with Ebays co-operation.

I have to give KUDOS to Ebay, that FINALLY, they have addressed this problem. Or have they. We will see.

 

This is a replay of my post #28.

Read my post #34.


THESE ARE THE MOST IMPORTANT 2 POSTS I HAVE EVER MADE here on cointalk

 

BZ,

I have no problem with any of what you've said. Picked these two points out.

It will take time no doubt. I also doubt that ebay woke up one day and said:
"Gee, we're all wrong about this - people are getting ripped off right and left! We're so honest - what should we do?"

Probably more like:
"Oh **** we've been allowing this to go on and people are actually on to it! That Fraud word keeps popping up. We need to cover our butts and make ourselves look wonderful just like our cheesy commercials!"

Bottom line is the same. Something is FINALLY happening.

 

Hey Clembo!

We`ll see if something happens. I hope so, but it seems a replay of promises Ebay has made in the past.
The Chinese fakes of all the trade dollars and even so brazen a fake as a 1904 "Silver Eagle" bullion coin all come to mind. These fakes went on for several years..... Maybe still...

 

I can`t disagree more GD. Yes it is absolutly Ebays and the ANA`s obligation, duty, and responsibility to protect the general public (often unsophisticated) from fraudsters and crooks. While I personally am of the libertarian point of view, Ebay has a specific obligation to protect all from the fraud that is common knowledge and widespread, and the ANA has a less specific obligation, but an obligation nonetheless just by virtue of the fact that they have "partnered" with Ebay to combat fraud.

Your stance that "caveat emptor" or let the buyer beware astounds me.

Of course you know that a growing percentage of the coin collecting populace is naive. These naive and unsophistcated newbies are the future of the whole hobby. For you to say essentially "throw them to the wolves" is astonishing.

As you are a moderator here, your opinion carries weight. Of course you have the absolute right of free speech, moderator status notwithstanding.

I just think you do a disservice to the hobby, and to the future hobbiests, by your cold attitude about the responsibility of the newbies to know everything before they jump in.

I`m old school as well, but dammit, times have changed, and the ability of the online crooks to take advantage of newcomers, as well as some of us not-so-newcomers is so easy, that I can`t agree with your callous attitude.

This is my opinion, which, some of you know I freely dispense.................

 

Although your point is inherently correct it is also one of the most negative statements I have ever seen. PERIOD.

I came to this forum to learn, offer opinions, share ideas, chat and offer information. Some agree and some don't that's why I remain. "Newbies" come here often as many may have noticed. Shall we just toss them to the "well you didn't do your homework gods" and let them get ripped off or shall we attempt to educate them?

As hard as it may seem to grasp NO ONE knows everything. Some of us have more time and resources to delve into the more minute facets of the hobby. Others go by personal experience. EVERYONE'S opinion matters.

If we don't share our experiences, opinions etc. then what in the heck is the use of this site?