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Significance of "haymarks" on British coins
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<p>[QUOTE="princeofwaldo, post: 1252649, member: 24091"]Actually, that has been tried before. Richard Ponterio used to routinely downgrade slabbed coins in his catalog, "no better than XF, NGC AU58"... Can you imagine how happy his conignors were with his "transparency"? No mystery to me why Ponterio couldn't keep up with Heritage and was forced to merge with Bowers & Marina (now Stacks Bowers). While it sounds great to cater to the buyers (like eBay has presently adopted), in the end it is the sellers that keep any auction venue afloat. Any auction company that ignores this won't be in business for long, and that includes eBay.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1252649, member: 24091"]Actually, that has been tried before. Richard Ponterio used to routinely downgrade slabbed coins in his catalog, "no better than XF, NGC AU58"... Can you imagine how happy his conignors were with his "transparency"? No mystery to me why Ponterio couldn't keep up with Heritage and was forced to merge with Bowers & Marina (now Stacks Bowers). While it sounds great to cater to the buyers (like eBay has presently adopted), in the end it is the sellers that keep any auction venue afloat. Any auction company that ignores this won't be in business for long, and that includes eBay.[/QUOTE]
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Significance of "haymarks" on British coins
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