NTC must be the key to financial windfall on ebay

Barndog

Take any coin that you want, send to NTC, make a bundle. No way this one should sell for this much!
EBAY HALF DIME

fc

1. wait an hour and we will have the people show up who say
good coins can be bought in NTC slabs. somehow that defends
the rest of the sludge.

2. the people selling them know exactly what they are up to.
sad people cannot see through the lies and bid the "slabs" up.

3. people at ebay know exactly what is going on. one has to wonder
at their long term outlook when the Joe on the street says ebay
is scamville.

at least it makes life interesting. we would all shoot ourselves
in the head if everything was perfect and safe.

edited to add: i am referring to ebay's coin section.

Myqqy

Take any coin that you want, send to NTC, make a bundle

But I think most of us want to sleep well at night....

braddick

Many, many NTC coins, if not most, don't close with nearly the same auction results as that half dime.

1921obsession

It might be possible, if you're morally-challenged enough, to make a bundle reselling NTC coins, but you'd have to cross them from SGS slabs.

Barndog

WOW! It closed at $485. So two people were willing to pay $480 for it plus another ten for shipping. Imagine how much the seller could have made had he listed it in the correct category (the half dime was listed with dimes)!

Cladiator

Went for more than double it's actual numismatic value.

DONNYJF

Can't anyone read all the discription right when the coin itself is a 5c????
How could that be missed my anyone with eyes and a bit of smarts?????

Barndog

<< <i>Went for more than double it's actual numismatic value >>


That's how I see it. I planned a bid slightly less than half of the closing price.

jdimmick

A local dealer in my area makes a small fortune sending coins to NTC, they come back grading higher and he continues to sell to the uneducated.

JrGMan2004

LM-2

sinin1

wrong title, wrong category



some people could have thought this was a dime

mercurydimeguy

The juiced up grades in 3rd world slabs don't work how you think. I know 'cause I've experimented.

Try cracking out a coin out of PCGS holder that you think is at the high end of the grade and send it to PCI, for instance, "over the fence"...meaning, just print out a submission form and send in 1 coin.

I bet you 3 to 1 that it doesn't even come back at the same grade as the PCGS coin.

I once sent in an order of 8 PCGS graded/cracked coins -- they all came back 1-2 points lower. I did this over a 6-8 month period of time as a test of the grading services with the same coins.

Only certain submitters get juiced grades from 3rd world slabs (it helps if you are somehow a stakeholder in the the 3rd world slabbing company).