Coinmovers buys $39 Franky....soon to be a $3k coin....Hello David Hall!!!

Manorcourtman

Ebay auction # 3916799654...link someone?? How long till this coin ends up in a PCI MS68 Deep Cameo holder and is now worth $3,000 according to the PCGS price guide??? I bet within 3 weeks. I think they made a huge mistake here by buying under their "Coinmovers" id instead of some other handle......and they link all there PCI auctions to the PCGS price guide.....that really stinks. I don't mean to be the coin police but this really is using PCGS to sell PCI crap coins. Mr. Hall.....are you ready to make some changes soon??? This is what is happening in the real world at many newbie's expense. I'm not coming down on PCGS but something has to change soon. The price guide is being used to help scam coin dealers make money......sorry about this rant but us hardcore PCGS buyers and sellers are hurt by this ridiculous C_R_A_P. Ok....now I feel better!!

airplanenut

Link

100proof1957

PCI proof 69 dcam all the way !
auction value of 6500.00 !

PTVETTER

It's an NGC holder not a PCI holder

Manorcourtman

PTVETTER......It will be sent to PCI and graded Deep Cameo.......Hello???

Rampage

<< <i>It's an NGC holder not a PCI holder >>



I think ManorCourtMan was eluding to the new owners of the coin sending it to PCI for crossover as PR69DCAM. They will then sell the coin on eBay for hundreds of dollars proclaiming that the coin is worth $3,000.00.

airplanenut

Ummm... a real 68 would likely go 70, people! It's too valuable to even be on the charts!

They'll estimate it at $150,000!

Manorcourtman

Thanks Rampage......I thought that was obvious. Guess I'm on the rampage!!!! I'm over it now......I'll just sit back and listen to the peanut gallery now

haletj

People use or have used the price guide to try to sell pcgs graded coins for way too much too.

Myqqy

If sellers like coinmovahs couldn't use a pcgs pricing guide, wouldn't they just gravitate towards some other unrealistic retail price list to hype their wares??

Proof69Eagles

I still have my experiment coin that I bought from Coinmovers ; you know the 1958 PR68 Deep Cameo that doesn't have a trace of Cameo on it?

Wish we could get some people together and start a class action of our own?????????

UncleWiggly

Exactly if that's what the new owners have in mind. I see it allot. I can't even think if I ever saw a coin in a PCI holder up for auction where a recent price is quoted for that grading co. If there's a price mentioned anywhere it's talking about the PCGS priceguide and usually directly! Obviously this thread isn't about PCI, but those taking advantage of the differences in grading. I lucked out of that newbie trap, but I sure came close.

Jerry

jeffnpcb

In all fairness, don't you think that PCGS should drop the price guide. One, people use it to abuse the sale of other TPG coins, second, it is never accurate and they don't have the manpower to keep it that way, and third, it is artificially hyping the value of PCGS graded coin!

Coin World, Numisnews, greysheet are never in tune with real world trade values. PCGS should dump it and let others who are in the real marketplace fight this issue and publication of those guides! I'm still trying to find that '99 Proof silver set for 75 dollars according to the PCGS price guide! Swings both ways, yet I have not found on eBay a 1999 Silver Proof set for that price!


Hall should stand to the plate and drop this crapguide, or does he relish in the humour on eBay!

NumisMe

I'm still trying to get somebody to sell me a 2000-S SAC Dollar PR70 for $135.00