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<p>[QUOTE="wxcoin, post: 21794247, member: 74624"]Back in early December I sent 100+ PCGS/NGC certified coins to Great Collections for consignment. Before I go further I want to say that I've had good experiences as both a buyer and seller with them over the past 10+ years.</p><p><br /></p><p>One thing I noticed right away was that it took longer to get the coins listed for auction. I have no issue with that since the most likely explanation is that their business has grown with more consignments being received for auction. When the coins finally got listed, 90 were scheduled for the January 29th auction and the other 30 for the February 5th auction. After the January 29th auction was completed I noticed that the February 5th auction only listed 29 coins and that one of the coins, an 1865 3CN was flagged as being returned to seller. Of course I was surprised as this was a coin that I had sent in to NGC a number of years for certification and shouldn't have any ownershop issues. I sent a message to GC and got a reply stating that the coin was wrongly listed as a 3 cent silver by NGC. Huh? I had the coin in my NGC registry and they properly listed it.</p><p>So after the February 5th auction the coin in question showed up in the February 19th auction listing in which it was subsequently sold.</p><p><br /></p><p>Now here is my issue with this. As far as value, 90+% of the money coming to me came from the January 29th auction. As of the time of this post, I have yet to receive any payment from them. They state on their website that payment to consigners are within 30 days from end of an auction. Obviously, they were holding payment until the last item was sold. It seems a bit fishy to me that one coin was pulled out, delaying getting the payment to me; the longer they hold my funds they can collect interest on the money.</p><p><br /></p><p>So the question here is, "Is it just me thinking that they are playing games with my money?".</p><p><br /></p><p>Again, I've had good experiences with GC and am in no way trying to bash them here.[/QUOTE]</p><p><br /></p>
[QUOTE="wxcoin, post: 21794247, member: 74624"]Back in early December I sent 100+ PCGS/NGC certified coins to Great Collections for consignment. Before I go further I want to say that I've had good experiences as both a buyer and seller with them over the past 10+ years. One thing I noticed right away was that it took longer to get the coins listed for auction. I have no issue with that since the most likely explanation is that their business has grown with more consignments being received for auction. When the coins finally got listed, 90 were scheduled for the January 29th auction and the other 30 for the February 5th auction. After the January 29th auction was completed I noticed that the February 5th auction only listed 29 coins and that one of the coins, an 1865 3CN was flagged as being returned to seller. Of course I was surprised as this was a coin that I had sent in to NGC a number of years for certification and shouldn't have any ownershop issues. I sent a message to GC and got a reply stating that the coin was wrongly listed as a 3 cent silver by NGC. Huh? I had the coin in my NGC registry and they properly listed it. So after the February 5th auction the coin in question showed up in the February 19th auction listing in which it was subsequently sold. Now here is my issue with this. As far as value, 90+% of the money coming to me came from the January 29th auction. As of the time of this post, I have yet to receive any payment from them. They state on their website that payment to consigners are within 30 days from end of an auction. Obviously, they were holding payment until the last item was sold. It seems a bit fishy to me that one coin was pulled out, delaying getting the payment to me; the longer they hold my funds they can collect interest on the money. So the question here is, "Is it just me thinking that they are playing games with my money?". Again, I've had good experiences with GC and am in no way trying to bash them here.[/QUOTE]
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