DNC and selling question
pocketpiececommems
Posts: 5,608 ✭✭✭✭✭
How often do sellers try to cross a coin from NGC to PCGS and it DNC and then sell the coin without mentioning that it DNC? Personally I think that it is unethical.
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pocketpiececommems
Posts: 5,608 ✭✭✭✭✭
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Why? If I sell you a 66 NGC, it is a 66 NGC. If it didn't CAC or didn't cross, it is still a 66 NGC. If I don't mention the complete submission history, I don't think it's unethical.
If I tell you it wasn't submitted, that would be unethical.
Would you also want someone to tell you the coin was a 65+ that they submitted 4x before it snuck into a 66?
I don't see your scenario as unethical, just because PCGS decides not to cross a coin on the first try does not condemn it too a lower grade. You may need to back away from the kool-aid.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
One opinion versus another opinion does not equal unethical.
When I had my own business, when offering coins which had failed to cross or sticker, I disclosed that in my inventory descriptions. However, I wouldn’t have considered it unethical not to have done so.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I agree with those that say there is nothing unethical about not mentioning it. As long as you aren't advertising that it would cross (there would be no good reason to do that anyways), you are ok. If someone were to ask, then the seller might want to disclose the info.
If it's unethical every auction house out there is!
Wonder what the record is for a coin not crossing then gotten rid of at auction and then is submitted to cross again and fails.
It would not be unethical unless concealed when the potential buyer asked if it had been submitted for crossing or a bean. Or, if the sales pitch included "It is a 66, but a guaranteed 67 if resubmitted." And that last one would have me leaving with my cash and no coin....
Cheers, RickO
If it is a high dollar coin in NGC plastic, there is a 90+% chance it has failed to cross to PCGS at least once or twice. No one likes to leave money on the table.
Ditto for CAC.
It’s not unethical and sometimes it takes multiple attempts. PCGS is more conservative when grading through plastic.