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<p>[QUOTE="Lehigh96, post: 633794, member: 15309"]Mark,</p><p><br /></p><p>Doug actually found a way to express my point more succinctly than I ever could. You are correct that there was no mention of the PCGS price guide in the listing, but that does not matter IMO. Again, I can only think of two scenarios. First, the seller believes that the coin is an MS67 and would probably cross into a PCGS holder thereby justifying his asking price that corresponded to the $600 PCGS price guide. The second scenario is that he is intentionally listing the NGC coin at the PCGS price in order to snare an unwary newbie who doesn't know the ins and outs of the Jefferson Nickel series.</p><p><br /></p><p>With regards to you SLQ listing. That is comparing apples to oranges. The PCGS price for a 1928-S SLQ MS65 FH is $850. The Numismedia price guides are $760 & $950 for wholesale and retail respectively. Both TPG's use similar standards for this series and the price guides are basically interchangeable. </p><p><br /></p><p>The same can not be said about the Jefferson Nickel series for which there is an obvious difference in grading standards. I have no problem with the seller asking a ridiculous price. However, I wonder what price he would have listed the coin at if the PCGS price guide was $125. If the seller really thinks the coin is worth $600, then okay. But if he is using the PCGS price as a means to generate extra profit on a coin he knows is worth only $100, that is unethical. I can't decide whether it is unethical because I can't read the sellers mind. Hence the reason for the thread which was to get others opinions. While I respect the opinions given, to flat out dismiss any chance or unethical behavior on the part of the seller is IMO, unreasonable. Having said that, I still haven't decided whether or not what this seller did was deceptive or whether CAVEAT EMPTOR should rule even if he was being deceptive.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 633794, member: 15309"]Mark, Doug actually found a way to express my point more succinctly than I ever could. You are correct that there was no mention of the PCGS price guide in the listing, but that does not matter IMO. Again, I can only think of two scenarios. First, the seller believes that the coin is an MS67 and would probably cross into a PCGS holder thereby justifying his asking price that corresponded to the $600 PCGS price guide. The second scenario is that he is intentionally listing the NGC coin at the PCGS price in order to snare an unwary newbie who doesn't know the ins and outs of the Jefferson Nickel series. With regards to you SLQ listing. That is comparing apples to oranges. The PCGS price for a 1928-S SLQ MS65 FH is $850. The Numismedia price guides are $760 & $950 for wholesale and retail respectively. Both TPG's use similar standards for this series and the price guides are basically interchangeable. The same can not be said about the Jefferson Nickel series for which there is an obvious difference in grading standards. I have no problem with the seller asking a ridiculous price. However, I wonder what price he would have listed the coin at if the PCGS price guide was $125. If the seller really thinks the coin is worth $600, then okay. But if he is using the PCGS price as a means to generate extra profit on a coin he knows is worth only $100, that is unethical. I can't decide whether it is unethical because I can't read the sellers mind. Hence the reason for the thread which was to get others opinions. While I respect the opinions given, to flat out dismiss any chance or unethical behavior on the part of the seller is IMO, unreasonable. Having said that, I still haven't decided whether or not what this seller did was deceptive or whether CAVEAT EMPTOR should rule even if he was being deceptive.[/QUOTE]
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