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<p>[QUOTE="Mr_Christopher, post: 113443, member: 5038"]First of all, I'd like to say hello. You have a great forum and I wish I found it sooner.</p><p><br /></p><p>I used to collect as a kid. Now I'm grown up (sorta) and I have decided to start collecting again. My first idea was to search on Ebay, and look for the deals that everyone seems to be missing. With 40,000+ US coin auctions up any given moment, some are sure to fall thru the cracks. </p><p><br /></p><p>I bought a few and have been happy with the results. Now comes the reason for my post - Ignorace is Bliss.</p><p><br /></p><p>I bought a SGS MS 70 graded wheat penny. It looks good in the picture, but I'm not sure what is going to arrive. I've already made my mind up to ship it off to ICG or PCGS as soon as it arrives, unless its that blatant of a grade fake. I'll send it back to the seller and get my $ back, or sue for mail fraud if PayPal doesn't resolve it to my satisfaction.</p><p><br /></p><p>I read through countless posts on SGS and the relationship to EBay, and how the "company" isn't doing anyone a service.</p><p><br /></p><p>My first thought is class action lawsuit, but it seems that it will be expensive, and fruitless. Still, it couldn't hurt to start a database and track the SGS grading -vs- the legit companies out there. Perhaps with enough evidence we'd get somewhere in the future. If you would like to help, and have bought SGS graded coins that were re-graded, please PM me with the details and I will gladly collect the info.</p><p><br /></p><p>Second, and more immediately, we should be able to come up with a standard message that can help thwart SGS and similar fakers. We can't include text on an Ebay listing that says SGS sucks, is a front, and should not be trusted. We can say that PCGS,ICG,NGC, and ANACS are the true trustworthy 3rd party graders. If we can come up with a uniform statement to include on an EBay listing, that conforms to Ebay policy, the letters SGS will never be seen preceeding MS 70 on any Ebay listing. It will be voluntary to include the message, but if enough of us use it, it will start to look odd if it isn't there. Potential buyers will become aware of the scam because we will tell them who is legit. We won't say that SGS isn't, but when they don't make the list people will wonder why. </p><p><br /></p><p>If anyone would like to help, please reply and we'll start working on the disclaimer. With enough occurences on Ebay listings, sellers will start to avoid SGS, and buyers will be warned when they read other non-SGS graded coin listings. It could become a standard signature for Ebay sellers. I'm sure that there are plenty of people here that sell on Ebay. We can get the message out, and we can help correct the market of the SGS and any other scammer problems that may arise in the future.</p><p><br /></p><p>I'd suggest that the message be short, and include a link the the (not sure of the proper name) Grey Sheet? info that says what graders are reliable. Perhaps someone that is more knowledgable of the grading standards will be able to pick it up from here. </p><p><br /></p><p>I just wanted to get the ball rolling on an organized effort to keep this hobby safe for everyone.[/QUOTE]</p><p><br /></p>
[QUOTE="Mr_Christopher, post: 113443, member: 5038"]First of all, I'd like to say hello. You have a great forum and I wish I found it sooner. I used to collect as a kid. Now I'm grown up (sorta) and I have decided to start collecting again. My first idea was to search on Ebay, and look for the deals that everyone seems to be missing. With 40,000+ US coin auctions up any given moment, some are sure to fall thru the cracks. I bought a few and have been happy with the results. Now comes the reason for my post - Ignorace is Bliss. I bought a SGS MS 70 graded wheat penny. It looks good in the picture, but I'm not sure what is going to arrive. I've already made my mind up to ship it off to ICG or PCGS as soon as it arrives, unless its that blatant of a grade fake. I'll send it back to the seller and get my $ back, or sue for mail fraud if PayPal doesn't resolve it to my satisfaction. I read through countless posts on SGS and the relationship to EBay, and how the "company" isn't doing anyone a service. My first thought is class action lawsuit, but it seems that it will be expensive, and fruitless. Still, it couldn't hurt to start a database and track the SGS grading -vs- the legit companies out there. Perhaps with enough evidence we'd get somewhere in the future. If you would like to help, and have bought SGS graded coins that were re-graded, please PM me with the details and I will gladly collect the info. Second, and more immediately, we should be able to come up with a standard message that can help thwart SGS and similar fakers. We can't include text on an Ebay listing that says SGS sucks, is a front, and should not be trusted. We can say that PCGS,ICG,NGC, and ANACS are the true trustworthy 3rd party graders. If we can come up with a uniform statement to include on an EBay listing, that conforms to Ebay policy, the letters SGS will never be seen preceeding MS 70 on any Ebay listing. It will be voluntary to include the message, but if enough of us use it, it will start to look odd if it isn't there. Potential buyers will become aware of the scam because we will tell them who is legit. We won't say that SGS isn't, but when they don't make the list people will wonder why. If anyone would like to help, please reply and we'll start working on the disclaimer. With enough occurences on Ebay listings, sellers will start to avoid SGS, and buyers will be warned when they read other non-SGS graded coin listings. It could become a standard signature for Ebay sellers. I'm sure that there are plenty of people here that sell on Ebay. We can get the message out, and we can help correct the market of the SGS and any other scammer problems that may arise in the future. I'd suggest that the message be short, and include a link the the (not sure of the proper name) Grey Sheet? info that says what graders are reliable. Perhaps someone that is more knowledgable of the grading standards will be able to pick it up from here. I just wanted to get the ball rolling on an organized effort to keep this hobby safe for everyone.[/QUOTE]
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