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<p>[QUOTE="HandsomeToad, post: 358529, member: 12965"]I too was in the same boat as the OP member but I got out of it fast but ended up with negative feedback from it. I feel that was a better price to pay than the prices I was to pay for the over rated coins I bid on.</p><p> </p><p>What happened to me was simple. I started on Ebay buying coins to resell. Figured I needed to do something with my money to make money, instead of letting it rot in the bank. One of my first purchases was from a seller with a lot of SGS slabbed coins and by the book value of these coins, at the grade listed on the slab, I was going to make a fortune reselling them. But then reality stepped into the picture when I spoke with the seller about purchasing his inventory and I did a little research on SGS to make sure I was going to come out on top. What I found out made me realize just how bad I was ripped off with my original purchases, I emailed the seller and backed out of those and the inventory buyout deal all at once.</p><p> </p><p>I too thought about what could be done to stop inferior grading companies but in the end, I figured there wasn't a better way to stop them than to never buy a single one of their slabbed coins, no matter what the price may be. Also, there was a comment about adding a "blurb" to a listing, to educate the peeps about the inferior grading companies and I actually think that's a great idea but the blurb should be links, not just a blurb. These are the links I'm referring to:</p><p> </p><p><a href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/Not-all-graded-coins-are-created-equal_W0QQugidZ10000000000689343?ssPageName=BUYGD:CAT:-1:SEARCH:4" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/Not-all-graded-coins-are-created-equal_W0QQugidZ10000000000689343?ssPageName=BUYGD:CAT:-1:SEARCH:4" rel="nofollow"><span style="color: #0066cc"><u>http://reviews.ebay.com/Not-all-graded-coins-are-created-equal_W0QQugidZ10000000000689343?ssPageName=BUYGD:CAT:-1:SEARCH:4</u></span></a></p><p> </p><p><a href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/COIN-GRADING-SERVICES-ARE-NOT-ALL-EQUAL_W0QQugidZ10000000001628812?ssPageName=BUYGD:CAT:-1:SEARCH:2" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/COIN-GRADING-SERVICES-ARE-NOT-ALL-EQUAL_W0QQugidZ10000000001628812?ssPageName=BUYGD:CAT:-1:SEARCH:2" rel="nofollow"><span style="color: #0066cc"><u>http://reviews.ebay.com/COIN-GRADING-SERVICES-ARE-NOT-ALL-EQUAL_W0QQugidZ10000000001628812?ssPageName=BUYGD:CAT:-1:SEARCH:2</u></span></a></p><p> </p><p><a href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/BEWARE-OF-INB-PGS-and-SGS-CERTIFIED-COINS_W0QQugidZ10000000001403705?ssPageName=BUYGD:CAT:-1:SEARCH:1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/BEWARE-OF-INB-PGS-and-SGS-CERTIFIED-COINS_W0QQugidZ10000000001403705?ssPageName=BUYGD:CAT:-1:SEARCH:1" rel="nofollow"><span style="color: #0066cc"><u>http://reviews.ebay.com/BEWARE-OF-INB-PGS-and-SGS-CERTIFIED-COINS_W0QQugidZ10000000001403705?ssPageName=BUYGD:CAT:-1:SEARCH:1</u></span></a></p><p> </p><p><a href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/NNC-amp-NTC-Certified-Gold-Coins_W0QQugidZ10000000003720426?ssPageName=BUYGD:CAT:-1:SEARCH:6" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/NNC-amp-NTC-Certified-Gold-Coins_W0QQugidZ10000000003720426?ssPageName=BUYGD:CAT:-1:SEARCH:6" rel="nofollow"><u><span style="color: #0066cc">http://reviews.ebay.com/NNC-amp-NTC-Certified-Gold-Coins_W0QQugidZ10000000003720426?ssPageName=BUYGD:CAT:-1:SEARCH:6</span></u></a></p><p><br /></p><p>Those links are Ebay approved write-ups concerning this problem and adding them to a listing would not violate Ebay policies nor would it be personally bad mouthing a single grading service, someone else does it for you.</p><p> </p><p>Ribbit,</p><p>Toad <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="HandsomeToad, post: 358529, member: 12965"]I too was in the same boat as the OP member but I got out of it fast but ended up with negative feedback from it. I feel that was a better price to pay than the prices I was to pay for the over rated coins I bid on. What happened to me was simple. I started on Ebay buying coins to resell. Figured I needed to do something with my money to make money, instead of letting it rot in the bank. One of my first purchases was from a seller with a lot of SGS slabbed coins and by the book value of these coins, at the grade listed on the slab, I was going to make a fortune reselling them. But then reality stepped into the picture when I spoke with the seller about purchasing his inventory and I did a little research on SGS to make sure I was going to come out on top. What I found out made me realize just how bad I was ripped off with my original purchases, I emailed the seller and backed out of those and the inventory buyout deal all at once. I too thought about what could be done to stop inferior grading companies but in the end, I figured there wasn't a better way to stop them than to never buy a single one of their slabbed coins, no matter what the price may be. Also, there was a comment about adding a "blurb" to a listing, to educate the peeps about the inferior grading companies and I actually think that's a great idea but the blurb should be links, not just a blurb. These are the links I'm referring to: [URL="mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/Not-all-graded-coins-are-created-equal_W0QQugidZ10000000000689343?ssPageName=BUYGD:CAT:-1:SEARCH:4"][COLOR=#0066cc][U]http://reviews.ebay.com/Not-all-graded-coins-are-created-equal_W0QQugidZ10000000000689343?ssPageName=BUYGD:CAT:-1:SEARCH:4[/U][/COLOR][/URL] [URL="mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/COIN-GRADING-SERVICES-ARE-NOT-ALL-EQUAL_W0QQugidZ10000000001628812?ssPageName=BUYGD:CAT:-1:SEARCH:2"][COLOR=#0066cc][U]http://reviews.ebay.com/COIN-GRADING-SERVICES-ARE-NOT-ALL-EQUAL_W0QQugidZ10000000001628812?ssPageName=BUYGD:CAT:-1:SEARCH:2[/U][/COLOR][/URL] [URL="mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/BEWARE-OF-INB-PGS-and-SGS-CERTIFIED-COINS_W0QQugidZ10000000001403705?ssPageName=BUYGD:CAT:-1:SEARCH:1"][COLOR=#0066cc][U]http://reviews.ebay.com/BEWARE-OF-INB-PGS-and-SGS-CERTIFIED-COINS_W0QQugidZ10000000001403705?ssPageName=BUYGD:CAT:-1:SEARCH:1[/U][/COLOR][/URL] [URL="mhtml:{7FF92132-DBB3-44F2-AD3D-FDC60A444E53}mid://00001339/!x-usc:http://reviews.ebay.com/NNC-amp-NTC-Certified-Gold-Coins_W0QQugidZ10000000003720426?ssPageName=BUYGD:CAT:-1:SEARCH:6"][U][COLOR=#0066cc]http://reviews.ebay.com/NNC-amp-NTC-Certified-Gold-Coins_W0QQugidZ10000000003720426?ssPageName=BUYGD:CAT:-1:SEARCH:6[/COLOR][/U][/URL] Those links are Ebay approved write-ups concerning this problem and adding them to a listing would not violate Ebay policies nor would it be personally bad mouthing a single grading service, someone else does it for you. Ribbit, Toad :)[/QUOTE]
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