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Ebay coins- undergraded

rgwillrgwill Posts: 672
in U.S. Coin Forum
Does everyone notice that every coin thats on ebay is undergraded. Seems like if you see a coin in a pcgs or any other holder the guy selling always thinks its under graded.

Comments

  • edsiajbedsiajb Posts: 98
    That is a rule and eBay is very strict about it: All coins must be represented as undergradedimage
  • shmort6552shmort6552 Posts: 696
    Thats a polite way of saying most of them are full of s**t!!image
  • GonfunkoGonfunko Posts: 1,481 ✭✭✭
    Now that you mention that, I notice it. Ah, the joys of eBay! Oh - image to the forums!
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    It's only undergraded if they are selling, it's always overgraded if they are buying!!!image
    Becky
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    All Morgans are DMPL or branch mint proofs.image
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • eagle7eagle7 Posts: 1,441
    Yes that is true and it also applies to anyone on these boards who has a coin in a PCGS holder. They are always undergraded as well! So live with it! image
    In an insane society, a sane person will appear to be insane.
  • kryptonitecomicskryptonitecomics Posts: 9,185 ✭
    As a Power seller on Ebay I can tell you it's in the rule book image
    Kryptonitecomics Ebay Auctions
  • TheLiberatorTheLiberator Posts: 1,023 ✭✭✭
    I just auctioned off several older holder common date morgans and I truly believe a few were undergraded (by today's standards). I realized how cheezy it sounded so I only wrote that on one of the auctions where the coin was really nice. It was a 63 that I think Could have EASILY made 65. The way I see it, hyping everything as undergraded or pq is detramental to the hobby, but if you feel a coin really is undergraded, go ahead and say so.
  • RussRuss Posts: 48,514 ✭✭✭
    Every brilliant is a near cameo, every cameo a near deep cameo, and they're all PQ++.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • edsiajbedsiajb Posts: 98
    What is really funny is that I was looking at some PCI morgans on ebay a couple of weeks ago and they were all listed as undergraded!
  • orieorie Posts: 998 ✭
    It's the same on here and I've never heard a seller say the coin is really over graded.
    Cool set...poor pics
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Orie, I've seen coins on ebay overgraded, called PQ, and even undergraded. Some guys say it like it is if the coin is a dog. I sold a coin to a forum member dealer here that was a pop 1 NGC MS67 19th century type coin. But I felt it was a 66+ with great color. I told him as much and he paid knowing the coin was going to be low end or a misgrade. He was happy with it as is and that was that.

    Not every coin on ebay is overgraded. There are legit undergrades all the time.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭


    << <i>Every brilliant is a near cameo, every cameo a near deep cameo, and they're all PQ++. >>

    not true. some have been listed as PQ++++, & i even saw a PQ++++++++++++++++++++++ once!

    K S

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