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. I think it is appropriate to reply about your question and comment about thos negative feebacks which resulted in a 99.1%, here are the facts, and they are all related to purcahses -- not sales. Go back and check for yourself.

    1. One charged me for insurance on a purchase, and did not insure the package. I asked him about it. He posted negative feedback.

    2. One whom I bought from charged excessive shipping. I complained. He posted negative feedback.

    3. One failed to deliver product on a timely basis (took him 6 weeks to deliver a computer memory stick). I posted negative feedback for slow delivery. He retaliated in posting negative feedback.

    4. One refused my payment (a US Postal money order) and then filed a negative feeback (in 2004)

    5. Never received a negative feedback on a sale. Not one. So, there you go.
     
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  3. foundinrolls

    foundinrolls Roll Searching Enthusiast

    Competetive Intelligence, I'm getting the boots out!

    Competetive intelligence has as one of it's components, the "guessing" so to speak of what your competitors are planning. It also has a component that requires identifying your competitors.

    The problem is that the competitors here have been identified as what are considered by many, more accurate graders. The fact that they are better described as third party graders, in some ways eliminates them as competitors as SGS does not appear to be a third party grader. You still want to consider them as competitors but they are not really.

    You want to perpetrate a myth that you compete with them but there is no competition.

    In the same way that there are people blatantly selling counterfeit coins on Ebay to uneducated people.

    Misgraded coins are being sold as well.

    Competetive Intelligence must now take into consideration the part of the business plan that has to predict what to do when the facts come out and the jig appears up.

    Bill
     
  4. foundinrolls

    foundinrolls Roll Searching Enthusiast


    Hi,
    Feedback is useless. I have one negative feedback. It was because I posted a negative feedback.It was very courteous about a person who never paid for his item.

    He posted a retaliatory negative feedback. As many people on Ebay learned quickly, posting negative feedbacks about a buyer hurts the seller as well. After one or two experiences like that , only a knucklehead would post a negative feedback.

    I never judge anything by feedback.

    Bill
     
  5. AnemicOak

    AnemicOak Coin Hoarder

    Steve's aka Mentone's feedback actually doesn't look that bad to me, not great, but not bad (pretty much all from sellers, not buyers). I personally still wouldn't buy from him because of what he chooses to sell.


    Now Aboncom's feedback is another matter, it's a wonder anyone buys from them anymore...
    http://toolhaus.org/cgi-bin/negs?User=aboncom&Dirn=Received+by&Many=ON
     
  6. FACE IT ZACK: YOU ARE THE MINORITY, perhaps not on this board, but on the other venues, yes, you are.

    YOU GOT BOOTED FROM EBAY BECAUSE YOU BROKE THE RULES. THAT IS A FACT.

    IT SHOULD BE EMBARASSING TO YOU, THAT THIS TITLE OF THIS MESSAGE THREAD BRINGS THAT DISHONOUR UPON YOUR own HEAD.

    AS I HAVE OBSERVED, YOU have AN AXE TO GRIND, AND YET YOU ARE THE ONE DRINKING THE HEMLOCK COCKTAIL. As I said before, "revenge is like taking poison and expecting the other guy to keel over. The end result is only harm to yourself (even if just being the stress and excess preoccupation with the issues).

    AS OTHERS HAVE SAID, AND I WILL AGREE, THE MARKET WILL, IN TIME, SORT ITSELF OUT. I TOO AM CONFIDENT OF THAT.

    The other fact you should recognize is that you are outnumbered by a factor of thousands to one.

    The fact is that there are thousands who buy SGS grades, from Abon, and from me, and from dew, ward, and from others -- on Ebay, on Overstock, on Ioffer, on Blujay, on Yahoo, and on other venues. Morevoer, I have seen SGS grades sold by various coin dealers locally.

    Understand this: That because you are also a seller of coins, those "don't buy" statements you and others have placed in public forums have put you at enormous finanacial risk for a defamation and libel tort because they are ''public forums" and the statements are therefore considered as published material.

    Further, because you have sold coins, you can be viewed as a "competitor" and such statements are considered as being "anti-competitive" practices. Your "dont buy" statements put you in a negative light in view of Antitrust laws and expose you to severe financial risk, in the event someone elects to spend the $15,000 for a lawyer.

    Frankly, I have no desire whatsoever to do that because nobody wins.
     
  7. And by the way, I would rather spend the same $15,000 to buy a few more boxes of eagles at bullion direct.
     
  8. foundinrolls

    foundinrolls Roll Searching Enthusiast

    Hi,
    In All fairness, the other items he sells should not be a problem for anyone. It's just the coins that I have issue with and I will only address that as an issue.
    Bill
     
  9. Midas

    Midas Coin Hoarder

    More than likely these dealers bought it from some poor "newbie" who relaized they got duped. So the "newbie" unloads it at MS63 bid money just to recover the dollars he lost!!

    As for your comment about myself being a competitor...over 90% of my eBay feedback has dealt with purchases. The only items I have sold were duplicates from upgrades. If that makes me a competitor of you and Aboncom, so be it...we will let REAL collectors wade through your garbage and figure all of this out.

    I am confident in the forum's opinions on this SGS matter.
     
  10. Bonedigger

    Bonedigger New Member

    To All,

    I did an Ebay search and when I searched up StevesGiftShop this came up (mentone_mercantile).

    (Steve) I just took a look at some of the stuff (coins) you have listed and quite frankly your really making yourself look bad by selling that junk. Also, my daughter and wife both play guitar and I got a good laugh at yours being offered as well.

    You really should begin offering quality items over cheap knock-offs...

    Bone
     
  11. foundinrolls

    foundinrolls Roll Searching Enthusiast

    Steve said and I quote,

    "The fact is that there are thousands who buy SGS grades, from Abon, and from me, and from dew, ward, and from others -- on Ebay, on Overstock, on Ioffer, on Blujay, on Yahoo, and on other venues. Morevoer, I have seen SGS grades sold by various coin dealers locally."

    This is great information to know. More letters to write. All will include fact and absolutely NO suggestion that people should not by SGS slabs.

    Thanks,
    Bill
     
  12. Thank you.

    At times, I have received same type of flack and deissent for selling instruments such as guitars, violins, made in China.

    One local music store was told by a colatition of local music teachers that they are not to sell instruments made in China. Period. And yet, under Title 18, US Code, that is classified as a being an anticompetitive practice.

    Even so, I still sell musical instruments. From their perspective, my customers are very happy to be able to get a violin for their kid a $$69 total price instead of $$400 for a European version. The same goes for guitars and other musical insturments and I am offering guitars at $39 and $49 instead of $119 (Walmart) or other stores. By comparison, the same pricing goes for the coins offered. For the most serious of coin collectors, they have their brand preferences, are willing to spend te bucks, and will gravitate to one or two brands of slabbed coin. For others, they are price shoppers and are happy to fill in their collection at an affordable cost. In the home market, some will buy conventional construction homes and some will spend half the money and get an equally nice modular home. For the high-end affluent homebuyer, they was gasp at the idea of getting a modular or manufactured home, Yet, there too is a market for both. And so too is there a market for all of these brands in graded coins.
     
  13. cherrypicker

    cherrypicker New Member

    There's the kicker right there-I sent a letter to eBay and am writing a letter to Beth Deisher-editor of CoinWorld magazine-now with this in it.
    You might see the SGS name in print now, Steve-maybe you could autograph some copies and grade them MS70 and sell them on eBay...I'd sure like to have one :mouth:
    Bill
     
  14. cherrypicker

    cherrypicker New Member

    You might be the best instrument salesman in the world, but you're onbviously not the best with coins. With what you said above, it really has nothing to do with coins you are selling on eBay. You wouldn't sell a clarinet with the wrong size mouthpiece or an alto sax to a buyer wanting a tenor sax. But that's exactly what you're doing with your coins, you're saying you have the 'perfect coin' when it's far from it. You're listing one item, but giving an entirely different one.
    Now, does that go along with what your website says: "SGS is a coin grading company with the highest standards of quality and integrity."
    Bill
     
  15. Under the First Amendment of the Constution, you certainly have a right to do so. Please be my guest and write your letter.

    Under the 4th, 5th, 6th, and 12th amendments, I have certain rights too. So, don't go and figure you can exercise your rights, and abridge mine. Just a word of caution.
     
  16. Cherry Piciker: Don't take my words out of context.
     
  17. zaneman

    zaneman Former Moderator


    And I'm sure the action, intonation, and overall sound are equal to the more expensive counterparts.......
     
  18. The_Cave_Troll

    The_Cave_Troll The Coin Troll



    You obviously just don't get it! What SGS (and you by association) does is to take a modular home that was poorly constructed and then put the designer label on it and call it a luxury mansion. Most people see through a scam like this, but occasionally someone will be duped into buying a poorly built modular home for a luxurious mansion price. The difference is that reall sellers of modular homes tell their buyers EXACTLY what they are getting and their buyers understand that they are NOT getting a mansion! SGS on the other hand, sells junk and calls it a mansion (MS70) and then chooses to not inform their customers that they are selling a pig in a dress.

    If you really believed what you are saying here, then you would prominently list in your SGS coin auctions that:

    SGS coins are severely overgraded by market standards! If you are looking for a cheap low grade example to fill that hole in your collection then this coin is it! But if you care about the actual industry accepted grade then beware that this SGS coin is nowhere near a 70 grade, it is likely an MS63.

    Until you say something like that in your listings you are dressing the pig up and parading it around as if it is some kind of prince, when the bottom line is that it isn't!
     
  19. Farstaff

    Farstaff Member

    This sure is entertaining, can hardly wait for the next post :eating:
     
  20. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    it's relatively rare that we have a willing responsive "other party" when discussing an ongoing issue, I think there were 4 posts between when i started and finished composing my previous post! Have we ever had a thread move this quickly?
     
  21. Pig For Sale -- Graded Usda Choice, Lipstick Option Add $5 Bucks.
     
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