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Ebay Throws ANACS Under the Bus
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<p>[QUOTE="BUncirculated, post: 1420981, member: 29581"]I think you're reading way to far into this.</p><p><br /></p><p>First off, ANACS does not own the coins listed on eBay, the sellers do. ANACS' only contribution was receiving the coins from an owner for grading and slabbing, so any law suit by ANACS is moot, as they would have no standing in such a suit.</p><p><br /></p><p>Secondly, eBay is a free enterprise like any other business and can make any policy they wish for their users to follow. If one doesn't wish to follow said policies, they can go elsewhere to sell/buy, there is no commitment to using eBay whatsoever. </p><p><br /></p><p>Finally, there is no libel whatsoever against ANACS. There is no implication by the new policy that ANACS is a fraudulent service. eBay has established standards that TPGs must meet in order for coins in their holders can be listed. eBay feels, obviously, that this new policy is going to help reduce fraudulent listings, and thus reduce the number of SNADS as they pertain to numismatic items.[/QUOTE]</p><p><br /></p>
[QUOTE="BUncirculated, post: 1420981, member: 29581"]I think you're reading way to far into this. First off, ANACS does not own the coins listed on eBay, the sellers do. ANACS' only contribution was receiving the coins from an owner for grading and slabbing, so any law suit by ANACS is moot, as they would have no standing in such a suit. Secondly, eBay is a free enterprise like any other business and can make any policy they wish for their users to follow. If one doesn't wish to follow said policies, they can go elsewhere to sell/buy, there is no commitment to using eBay whatsoever. Finally, there is no libel whatsoever against ANACS. There is no implication by the new policy that ANACS is a fraudulent service. eBay has established standards that TPGs must meet in order for coins in their holders can be listed. eBay feels, obviously, that this new policy is going to help reduce fraudulent listings, and thus reduce the number of SNADS as they pertain to numismatic items.[/QUOTE]
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