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E-Bay Seller: Is he an optimist or unethical?
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<p>[QUOTE="Lehigh96, post: 632888, member: 15309"]If he is testing the waters, he is doing it with every coin he is selling (including other Jeffersons) as they are all listed at the PCGS price guide. </p><p><br /></p><p>Your second response is the crux of the issue. The seller is selling an NGC MS67 Jefferson at PCGS MS67 prices. He is not being deceptive with the listing at all. However, he knows that PCGS Jeffersons drive a higher price than NGC Jeffersons. IMO, there are only two scenarios in play. First, he thinks the coin is of MS67 quality regardless of the TPG. The second scenario is that he is playing on the inexperience of newbie collectors who may not have any idea that NGC and PCGS have vastly different grading standards for Jeffersons that result in vastly different prices. After all, most of the time for most series, the PCGS and Numismedia price guides are pretty close.</p><p><br /></p><p>To answer your last question, no I certainly would not buy a coin without researching the value first. However, there are many new collectors that just don't have the knowledge to come to the right conclusion even after attempting to research the value.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 632888, member: 15309"]If he is testing the waters, he is doing it with every coin he is selling (including other Jeffersons) as they are all listed at the PCGS price guide. Your second response is the crux of the issue. The seller is selling an NGC MS67 Jefferson at PCGS MS67 prices. He is not being deceptive with the listing at all. However, he knows that PCGS Jeffersons drive a higher price than NGC Jeffersons. IMO, there are only two scenarios in play. First, he thinks the coin is of MS67 quality regardless of the TPG. The second scenario is that he is playing on the inexperience of newbie collectors who may not have any idea that NGC and PCGS have vastly different grading standards for Jeffersons that result in vastly different prices. After all, most of the time for most series, the PCGS and Numismedia price guides are pretty close. To answer your last question, no I certainly would not buy a coin without researching the value first. However, there are many new collectors that just don't have the knowledge to come to the right conclusion even after attempting to research the value.[/QUOTE]
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