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<p>[QUOTE=&quot;foundinrolls, post: 133110, member: 4350&quot;]Hi Steve and All,</p><p><br /></p><p>This is taken from Ebays website and is tyhe Code Of Conduct pertaining to the sale of coins is below my query of Steve.</p><p><br /></p><p>Steve, ( I won&#039;t divulge your real name)</p><p>Let&#039;s have a friendly conversation. I looked at your website and I like it.&nbsp; You appear to be on the up and up.</p><p><br /></p><p>It seems that education on coin matters stands in the way of the appearance of your ethics.</p><p><br /></p><p>With respect to coins, Can you agree that an MS-70 designation, as is accepted in the hobby, is the perfect coin.&nbsp; Here are the definitions of MS-70 and MS-69 as set forth by PCGS.&nbsp; Without arguing the merits of third party graders in general, these standards are universally accepted as&nbsp; the standard for these grades.</p><p><br /></p><p>MS-70. The perfect coin. Has very attractive sharp strike and original luster of the highest quality for the date and mint. NO contact marks are visible under magnification. There are absolutely NO hairlines, scuff marks or defects. Attractive and outstanding eye appeal. Copper coins must be bright with full original color and luster.</p><p><br /></p><p>&nbsp;</p><p><br /></p><p>MS-69. Must have very attractive sharp strike and full original luster for the date and mint, with no more than two small non-detracting contact marks or flaws. NO hairlines or scuff marks can be seen. Has exceptional eye appeal. Copper coins must be bright with full original color and luster.</p><p><br /></p><p>Grading at this level is so precise as can be seen by the difference between MS-70 and MS-69.</p><p><br /></p><p>Again, if you accept these standards as the rest of the educated coin collecting public does,&nbsp; you would realize that any coin with any mark on it whether it be on the surface, or on the rim or on the edge would eliminate the coin from being graded MS-70.&nbsp; </p><p><br /></p><p>If you have any knowledge of the minting process, you would understand that as circulation coins are minted, they are dropped into huge bins or huge bags.&nbsp; Thousands and thousands of coins are banging against each other.&nbsp; Each coin is being nicked and scratched to some degree. </p><p><br /></p><p>This is the same for all coins other than proof specimens which are handled differently.</p><p><br /></p><p>These coins are shipped in huge bags filled with coins.&nbsp; They are moved around by forklifts,&nbsp; they are piled into trucks and all the while, they are being banged around.</p><p><br /></p><p>Coins are not wrapped at the Mint.&nbsp; They are shipped to coin counting companies like Brinks.&nbsp; The coins are run through counting machines and coin wrapping machines.&nbsp; Each process further nicks and mars a coins surface.</p><p><br /></p><p>The average coin taken from a roll of coins by the time it reaches a bank, is MS63 to 65.&nbsp; Still an uncirculated grade, but way below an MS 70.&nbsp; The odds of a coin going through all these processes and coming out with NO, repeat, NO marks is impossible.&nbsp; That is why the designation of MS-70 is extremely rare. looking at the SGS stuff on Ebay is heartbreaking.&nbsp; You can see surface marks and poor strikes in all cases.&nbsp; Even the smallest pictures show some flaw in the coin. </p><p><br /></p><p>Only the uneducated public who has no idea what he or she is doing and who depends upon an honest dealer will be cheated by these slabs as they do not understand the coin collecting industry. Coins&nbsp; Graded for SGS by SGS and sold by Aboncom who IS SGS (I&#039;ve connected all the owners of both companies) is a gross conflict of interest. </p><p><br /></p><p>Read the below Code of Conduct as set forth by Ebay.&nbsp; Read especially the section about being misleading about the items sold.&nbsp; Pay particular attention to the part about grading. </p><p><br /></p><p>If you are ethical, and I think you are, and now that you have some education on the matter, I would&nbsp; at least hope that you rethink this situation.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Code of Conduct</p><p><br /></p><p><a href="http://pages.ebay.com/coins_code_of_conduct/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://pages.ebay.com/coins_code_of_conduct/" rel="nofollow">http://pages.ebay.com/coins_code_of_conduct/</a></p><p><br /></p><p>• Sellers agree not to knowingly sell, exhibit, trade, produce, or advertise a copy or reproduction of any numismatic item if its nature is not clearly indicated by the word &quot;copy&quot; or &quot;reproduction,&quot; incused in the metal or printed on the paper thereof. These items are allowed to be sold provided:</p><p><br /></p><p>1) their sale does not violate applicable laws or copyrights,</p><p><br /></p><p>2) the item is incused in the metal or printed on the paper thereof as a copy or reproduction on the front or back, and</p><p><br /></p><p>3) the listing title AND description clearly state that the item is a copy or reproduction and includes an image of the marking.</p><p><br /></p><p>Note: Restrikes are permitted for sale and they are not required to have &quot;copy&quot; or &quot;reproduction&quot; incused in the metal or printed on the paper thereof, if the item was produced or authorized for minting by the original issuing government.</p><p><br /></p><p><br /></p><p>• Sellers agree to represent a numismatic item to be genuine only when it is authentic to the best of their knowledge and belief. Learn more about authentication and see a list of authentication and grading services. Additional information is available about consumer protection at the ANA.</p><p><br /></p><p>• Sellers agree not to knowingly handle or resell forgeries, unmarked copies, altered coins, or other spurious numismatic merchandise that is not clearly labeled as such.</p><p><br /></p><p>• Sellers agree not to knowingly participate in any way in the advertisement, sale or trade of any numismatic material using any deceptive practices including, but not limited to, false or misleading claims of sales scarcity, value, condition or investment potential.</p><p><br /></p><p>• Sellers agree to sell numismatic items that they own free and clear of any challenge or those that they are authorized by the owner to sell.</p><p><br /></p><p>• Sellers agree not to knowingly sell or buy counterfeit numismatic material.</p><p><br /></p><p>• Sellers agree to promptly refund the purchase price for any item that has been deemed by the ANA as other than as offered or described by the seller.</p><p><br /></p><p>• Sellers agree to abide by all laws relating to numismatic matters.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Thankls for reading,</p><p>Bill[/QUOTE]</p><p><br /></p>

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