Ebay has accomplished little with it's new rules.

Centsles and others of his ilk are still selling grossly misrepresented grades on coins in garbage holders.
He is abiding completely with the new rules and conditions and from what I can see he is not suffering any loss of willing suckers bidding on his crap.
The only detectable difference in his listings is the words choice and gem instead of ms 63 and 65.
The junk slab is still nicely photographed and prominently displays the phoney grade.
He is also still able to describe the numerical grade in his description.
Sadly, plenty of newbies and worse still, many forum members who stubornly believe they can guess the grade from a juiced up photo will keep this character and others like him in a profit making position for some time to come.
Meanwhile, legitimate sellers will be stuck with an extra expense of providing a picture of the reverse slab.
He has to be LOL. Dave W
David J Weygant Rare Coins website: www.djwcoin.com
He is abiding completely with the new rules and conditions and from what I can see he is not suffering any loss of willing suckers bidding on his crap.
The only detectable difference in his listings is the words choice and gem instead of ms 63 and 65.
The junk slab is still nicely photographed and prominently displays the phoney grade.
He is also still able to describe the numerical grade in his description.
Sadly, plenty of newbies and worse still, many forum members who stubornly believe they can guess the grade from a juiced up photo will keep this character and others like him in a profit making position for some time to come.
Meanwhile, legitimate sellers will be stuck with an extra expense of providing a picture of the reverse slab.
He has to be LOL. Dave W
David J Weygant Rare Coins website: www.djwcoin.com
dalias13@hotmail.com
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Comments
1/2 Cents
U.S. Revenue Stamps
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
WH
<< <i>I agree with not wilight there. They have made some strides, they will get feedback that it didn't go far enough. Their business isn't coins after all, it's providing a venue so you all can sell coins. >>
YOu make a valid point here, they are a venue. I'm not sure why they are trying to protect the coin section but any other section can provide whatever crap they want. I am perfectly happy with ebay being a venue to exchange items/money. They are not responsible for protecting me. If they were, maybe they should protect how much anyone pays for anything. It's like going to a flea market and asking the event manager to check all items at the flea market to be sure they are authentic and worthy of spending money on.
I certainly understand the TPGs interest in the eBay policy, self slabbing directly challenges their business model and dilutes the "branding"
Better enforcement and penalizing the policies already in place about fakes and deliberately altered coins that would help me. I'd like to see a 150% penalty for fakes/altered coins after the 1st or 2nd offense, increasing the penalty for repeat offenders.
<< <i>YOu make a valid point here, they are a venue. I'm not sure why they are trying to protect the coin section but any other section can provide whatever crap they want. I am perfectly happy with ebay being a venue to exchange items/money. They are not responsible for protecting me. If they were, maybe they should protect how much anyone pays for anything. It's like going to a flea market and asking the event manager to check all items at the flea market to be sure they are authentic and worthy of spending money on. >>
The action is in response to Coins and Louis Viutton handbags being the largest categories with counterfeit and items not as described.
Proud Participant in Operation "Stone Holey" August 7, 2008
<< <i>YOu make a valid point here, they are a venue. I'm not sure why they are trying to protect the coin section but any other section can provide whatever crap they want. I am perfectly happy with ebay being a venue to exchange items/money. They are not responsible for protecting me. If they were, maybe they should protect how much anyone pays for anything. It's like going to a flea market and asking the event manager to check all items at the flea market to be sure they are authentic and worthy of spending money on. >>
But there are real problems in the coin section. What happens if some AP reporter decides to run with a story "Ebay coin sales hurt by chinese counterfeits" that goes on to cite expert opinions that 95% of trade dollars on Ebay are fake or something like that? There are some really shady things going on if someone takes the time to look into it...