Kicked off the eBay boards AGAIN (this time, 30 days) c/o SGS "graded" coins!!

Discussion in 'US Coins Forum' started by Midas, May 23, 2006.

  1. Midas

    Midas Coin Hoarder

    It makes all of the SGS posting worth while when you read a post like Alicia's...

    Welcome to the forum. You have taken a huge step in learning the in's and out's of numismatics as well as the "self-slabbers" that should be totally avoided!
     
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  3. The immutable fact, my fascist friend, Midas, is that you are outnumbered by a factor of thousands to one -- on Ebay, on Overstock, and on Yahoo, for there are many more who buy and bid on Abon's products, than can be counted. Again, when you were laughed at, it's too bad lacked sufficient emotional capital to blow it off. Coin hobbyists can always build a more vast collection for a lesser cost. Get used to it. If you personally don't like the brand, that is your perogative. With a bow, and a hand pointing to the door, spend much more on PCGS coins for the same thing. The one difference is that the coins I have will rise in value faster than the PCGS stuff declines in value -- and that, of course, is your true issue.

    By the way, have you found yourself an escrow company yet? They are aplenty in Florida.
     
  4. How about a nice cup of tea and some crumpets?
     
  5. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    Do you really believe that they are the same thing? The reason that I'm asking is that this is the heart of the issue here. They aren't the same thing! If they were the same then they would sell for approximately the same price and they aren't even close. This isn't a brand preference thing, this is simply a quality thing. SGS coins lack the quality that a similarly graded coin by NGC, ANACS, PCGS, ICG, PCI, SEGS would exhibit. And some of the services I listed are better than others, but one thing they have in common is that they all require a higher quality coin than SGS does for a 70 grade to be awarded.
     
  6. Old Silver

    Old Silver New Member

    Hey Midas, Steve can blow into the wind all day but people are listening and learning. While at an antique mall that I frequently visit in MI, I noticed one dealer had several coins raw and slabbed. Right in the middle of the display were six SGS slabs that the dealer said he received with an estate purchase. After talking shop for a few minutes he admitted to me that he might as well give them away because as soon as people look at them they quickly hand them back. He even said one young man referred to them as those "fake" coins from the internet!!!! LOL. It is good to see that collectors are indeed getting educated. It may be a slow process but in time, these deceptive items will dissapear and the dishonest crooks that sell them will eventually end up where they belong, leaving both just a bad memory.
     
  7. Moen1305

    Moen1305 Mysticism and Tyrants

    You know you guys are wrong. For example, a Kennedy half dollar in a SGS holder is still worth 50 cents. Not completely worthless. Seriously, I think as long as bozo's gift junk is making money feeding off of uninformed people, he has no reason to listen to anyone else. After all, thousands of happy customers can't be wrong, Right?
     
  8. curlymmv

    curlymmv New Member

    Like I said before. Steve's attitude is typical of scammers. Instead of addressing the real isssue, he talks about the thousands of happy customers, and how much money he is making.
    The truth is, as long as people buy SGS coins, then the thieves will continue to sell them. The only thing I can see to do is warn those that I think are being taken. Nobody can stop it. I email people everyday, and believe me ebay doesnt care. I have had people forward my posts to ebay, but they are too busy making money to worry about some guy emailing winners.
    Every response I get that says 'Thank You', makes it all worth it.
     
  9. jackeen

    jackeen Senior Member

    I don't think contacting the winner of a concluded listing qualifies as "interference" under eBay's rules.

    But then, their rules change daily, and their minions interpret the rules using astrology and biorythmns.
     
  10. cherrypicker

    cherrypicker New Member

    This has got to be one of the STUPIDEST responses yet Steve. Whenever anybody says anything to hurt your poor little ego-you can never provide us with COLD HARD FACTS! You keep saying-
    :loud: WE KNOW THAT ALREADY! That's why Midas started this thread-to make it KNOWN to all those people. And it's WORKING! You hide behind your 'fascist' accusations, your scripture, proverbs, and ALL of your edited remarks. How do you expect to get by in this world ten years from now.
    Have you ever read John Grisham's book about the insurance company that preys on low income families offering full coverage on just about anything for dirt cheap. Then when the family goes to receive their insurance money they get a letter saying their claim has been denied. When the families keep writing they get what the main character calls the 'STUPID LETTER'. In it the company basically says that the family has been warned, nothing can stop the company from doing what they are doing, they're wrong, and they're stupid for expecting more. That sounds A LOT like you, doesn't it? You take advantage of new coin collectors and promise one thing and they get something else. Then you come to forums like this and post all the 'STUPID LETTERS'. Oh...and the insurance company in this book I was talking about was sued for BIG MONEY and filed bankruptcy and disappeared within 5 months.
    Tell me about it-I went to buy firewood last winter and it cost me an arm and a leg-RIDICULOUS PRICES.
    Hey-that sounds pretty good-SLS...Star Lumber Service :goofer:
    Bill
     
  11. vipergts2

    vipergts2 Jester in hobby of kings

    The only value a sgs coin will have is face plus the cost of the slab. On the bright side, one can always pull out the pocket change from the slab and pull the gold foil then insert a real coin.
     
  12. Midas

    Midas Coin Hoarder

    C/o another thread...here'rs fine example of a 70 coin slabbed (packaged) in a SGS plastic holder:

    [​IMG]
     
  13. vipergts2

    vipergts2 Jester in hobby of kings

    Lincoln

    Thats a nice finger print!! A long with a few other assorted flaws:thumb:
     
  14. airedale

    airedale New Member

  15. rick

    rick Coin Collector

    Dear Steve,

    Your chosen path of business hurts this hobby and those who participate in it. Your profit margins taken by those who have not learned enough to stay clear of your "garbage for sale" tells you this. You know it. We know it. You have nothing to gain here defending your business. This is a numismatic forum geared toward education, and those here care nothing about your profits, except that every time someone learns how you managed to rip them off, and to what extent - it damages this hobby more.

    I have read this thread, and you have mentioned that Midas should be somehow shamed that he was banned from Ebay? Ebay should be shamed because they allow you to do your damage on their venue. You should be shamed because you are in the business of misrepresentation.

    You care nothing of this hobby, and I cannot fathom how you reached the conclusion that your attendance on a numismatic discussion board is welcomed or appreciated.


    Good day.
     
  16. airedale

    airedale New Member

    Kudos!
    Twenty years ago I felt that " baseball cards " were ruining coins and stamps. But they have had their run and likely coins and stamps will be around for a lot longer. May ANA see your well worded post rick and withdraw their endorsement of SGS.
     
  17. foundinrolls

    foundinrolls Roll Searching Enthusiast



    Here's what I've noticed, The thousands that are buying have, in large part, feedback numbers that are extremely low. I've seen people who are total newbies with 25 or less feedbacks that have purchased these slabs. The only thing that tells me is that the newbies are being preyed upon. That is a shame.

    I have also found that some of the buyers with higher feedback ratings are a part of the scam. They too are sharing pictures with aboncom. When asked about the coins being sold , you get responses like,

    "look fred, this is not the porn site you are looking for, you CANNOT bid on anything I will ever list , so why dont you go do something else, like play with cars in the street!!

    and other choice responses.

    Now that's a guy I want to by a slab from:)
    Let me add in fairness, that response was not from stevesgiftshopp, his response to me was courteous.
    Bill
     
  18. silver surfer

    silver surfer Senior Member

    What! Are you sure about that? They endorse these crooks?
     
  19. So you are a statistician too! Good. In your data set, what was your sampling methodology and what was your hypothesis?

    Did you use a T-Test, or a Z-Test. What was the margin of error on your sampling.

    How did you process the data?
    Did you screen out research bias?
    The sampling bias is quite evident.
    On your sampling, what were quartiles? What was the median, mode?
    What was determined as causal?
    What was significantly different in your sampling methodology?
    Why how did you arrive at the figure of 25?

    HAVING RUN A FEW RESEARCH PROJECTS, IT SEEMS THAT YOUR RESEARCH METHODOLOGY IS HIGHLY FLAWED, LACKS CREDIBILITY, AND GROSSLY MISREPRESENTS THE FACTS.

    In addition, did you obtain permission from Ebay, the data provider, before you used their data? If you did not, that might be a big prolem for you as an unskilled researcher.

    Just some observations that it seems that you are out of your league, when it comes to research.
     
  20. airedale

    airedale New Member

    Do we see their logo here? http://pages.ebay.com/coins_code_of_conduct/ Perhaps they are in the process of reevaluating this?
    From a 5/26/06 post:
    Quote:
    Originally Posted by airedale
    I called ANA today to register a complaint regarding their endorsement of eBay who in turn endorses SGS. I am expecting a call back from Chris Cipoletti who is the Executive Director. I have also sent a link of this thread on to them. Hopefully soon we will not see the ANA Logo on eBay until eBay rectifies this situation. eBay should issue a warning instead of giving an endorsement.

    Good News! An ANA Representative, highly placed, called me back today and said they are very aware of this issue. They ask that I not elaborate on the conversation but said the wheels of progress are turning in regards to eBay.
    I expressed my opinion that the arch villain in this case is ABON aka SGS and that the other sellers of SGS products may have just been duped by their ( ABON ) advertisements and are trying to get rid of the coins they bought.
    __________________
    John
    Chance Favors The Prepared Mind
     
  21. Midas

    Midas Coin Hoarder

    That is good news airedale...the ANA and eBay have to and should take note on these "self-slabbers" where SGS is leading the pack. The analogy of calling a mobile home a mansion holds very true. SGS (Star Grading Service) and their sellers KNOW this, but continue to market these "mobile homes" as "beach front" mansions.

    Meanwhile, we have upset the sellers of this garbage because we helped a few newbies make better buying decisions. People like this pond scum (sorry Moen, I liked your comparison), continue to throw out anti-trust legislation in the hopes of deterrring our efforts. Actually...since they can't answer any of the questions posted in this thread, they are just trying to buy time with ridculous assertions that we are participating in "anti-competitve practices" as the next SGS coin goes to auction.

    [​IMG]

    Yes, there is a man behind that curtain and yes more collectors are understanding that if a seller packages and markets his OWN "mobile home" inventory as "mansions" (as SGS does with 70 coins), then you are doing a disservice to "pond scum" because these people are BELOW that.
     
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