I think that all sides of this debate have made some pretty good points. I'm just curious to see how the numbers stack up on both sides. Do the majority of people here think it is a good move? Personally, I do... but I can see how this could negatively affect some legitimate sellers.
I think it will help the novice more than experienced collectors, and that can be good for us all that people are chased away from the hobby because of bad experiences. I think in fairness PCI should have been included, at least for their older slabs, but I only have 3 or 4 of those and have always planned on crossing them before I would sell.
I don't care one way or the other, but I know eBay is serious about this as I just received a personal call from my ebay rep, Art. My intention was to come on here and let everyone, but it looks like everyone already does.
A net positive. It is not perfect, but no solution is perfect in this imperfect world.
The other pieces of the policy such as no more stock photos, entire slab must be in the photo are also small positives. These latter two may have a bigger impact as counterfeit slabs become more and more wide spread as production of them ramps up.
OH MY! I just realized, this is going to cause a HUGE upheaval in the already inaccurate pop reports. Prepare for an onslaught of pop changes as people submit their marginal coins to the super-duper grading companies. Those companies are surely looking forward to the increased revenue.
Doubtful this will impact top pops, don't you think? Like I know!!! lmao
I dislike the requirement to have images of both the obverse and reverse slab. I don't like having to do the obverse slab image, but I 'guess' I can see some merit to it...maybe. But to also require a reverse slab image? Why?!
<< <i>I dislike the requirement to have images of both the obverse and reverse slab. I don't like having to do the obverse slab image, but I 'guess' I can see some merit to it...maybe. But to also require a reverse slab image? Why?! >>
I am quite pleased with the overall rules. I just spoke to my Ebay rep. He told me that the full reverse slab image was required. Small nuisance as my scanner throws the brightness out of whack on a full reverse. No big deal though.
I wholeheartedly support it. It's a gutsy move on eBay's part because in the short-term it will hurt their revenue. But, as I told my account rep, long-term I can see it improving revenue because some of the legit sellers who left will come back, and those who stayed will be encouraged by the move and list more.
We have 700 certified coins in inventory. It sucks to have to shoot two more pictures of each, upload them and add the links to the listings we have in our Seller Assistant Pro software. Add to that the effort to include the serial numbers and select the grading service from a list and this change will end up costing us a few thousand dollars to comply. Plus, I've not seen any indication yet that the SAPro software has been modified to allow these selections. If it hasn't, we will just not list certified coins on eBay until they upgrade the software. No way will we use their on line form to list.
<< <i>Add to that the effort to include the serial numbers and select the grading service from a list and this change will end up costing us a few thousand dollars to comply. >>
I wonder how this is going to screw up world coin sellers who sell certified coins, since there isn't an "Item Specifics" category for certification to begin with. Or in the case of Canada, an "Item Specifics" category for anything at all...
I support it and haven't figured out if it impacts me or not. I generally show both sides of the coin but not always the entire slab on the rev if there is no info on it. I list BIN auctions with multiple coins in each auction. I sometimes cover the serial number of high grade coins that are registry set candidates. I often use the same photos auction after auction with "Your serial number will likely be different". An example of this auction would be a PCGS MS66 First Day of Issue George Washington Dollar which I have been running on ebay ever since they were first introduced. --Jerry
A very good move and a major step in the right direction.
I would presume that there were too many complaints to EBay about coins with graffiti on the reverse for reverse scratches that were not disclosed. With the new policy of only using real coin grading companies… it should not be necessary but… it is a help.
Personally, I’d like to see the back of the coin, extra work for the seller yes but… still a good idea.
Another thing EBay should change, which they will not do, is stop the ‘retaliatory negative’ feedback. That policy benefits every scam artist on EBay. The seller has 10,000 feedbacks, he sells you crap, you leave him negative and he hits you with overwhelmingly retaliatory negative. His feedback doesn’t even move from 99.1% positive but yours plunges to 61%. So the seller offers you to “mutually remove the negative” and you are forced to comply because other sellers are blocking your bids. EBay refuses in the terms of service to even investigate negative feedback so... the scam continues.
regardless of how it is listed, buyers will see off-brand slabbed coins and bid somewhat according to the labels they read -- very similar to the way they do now with PCGS, NGC, et al.
Comments
<< <i>I am original owner of all of them. All of them come from good grading services like PGCS, NGC and ACG. >>
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I'm ok with excluding PCI and SEGS until they offer meaningful guarantees. It would be simple for them to do so.
The other pieces of the policy such as no more stock photos, entire slab must be in the photo are also small positives. These latter two may have a bigger impact as counterfeit slabs become more and more wide spread as production of them ramps up.
Doubtful this will impact top pops, don't you think? Like I know!!!
stir that pot
<< <i>I dislike the requirement to have images of both the obverse and reverse slab. I don't like having to do the obverse slab image, but I 'guess' I can see some merit to it...maybe. But to also require a reverse slab image? Why?! >>
I am quite pleased with the overall rules. I just spoke to my Ebay rep. He told me that the full reverse slab image was required. Small nuisance as my scanner throws the brightness out of whack on a full reverse. No big deal though.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
It is in everyones interest to make the ebay experience pleasurable and rewarding.
Now, they need to form an army of experts to patrol for counterfeits and lifted image sales. I'd be the first to enlist.
Russ, NCNE
I think it's great. I can't wait until it's in full swing.
Great transactions with oih82w8, JasonGaming, Moose1913.
WH
<< <i>Add to that the effort to include the serial numbers and select the grading service from a list and this change will end up costing us a few thousand dollars to comply. >>
I wonder how this is going to screw up world coin sellers who sell certified coins, since there isn't an "Item Specifics" category for certification to begin with. Or in the case of Canada, an "Item Specifics" category for anything at all...
I would presume that there were too many complaints to EBay about coins with graffiti on the reverse for reverse scratches that were not disclosed. With the new policy of only using real coin grading companies… it should not be necessary but… it is a help.
Personally, I’d like to see the back of the coin, extra work for the seller yes but… still a good idea.
Another thing EBay should change, which they will not do, is stop the ‘retaliatory negative’ feedback. That policy benefits every scam artist on EBay. The seller has 10,000 feedbacks, he sells you crap, you leave him negative and he hits you with overwhelmingly retaliatory negative. His feedback doesn’t even move from 99.1% positive but yours plunges to 61%. So the seller offers you to “mutually remove the negative” and you are forced to comply because other sellers are blocking your bids. EBay refuses in the terms of service to even investigate negative feedback so... the scam continues.