Optimistic UK eBay seller

weresteve

Not sure if eBay UK has the same rules regarding coin listings as in the US, but I still found the following listings to be rather amusing ...

*STUNNING* 1886 QUEEN VICTORIA FARTHING VALIDATED AU50

STUNNING 1822 KING GEORGE IIII FARTHING VALIDATED AU50

Amusing part is that these coins have been "VALIDATED" by NNC ... with a rather optimistic sale price to boot.

Steve

tonyhar

He does seem to like NNC !!!!!

newbiecollector

OK...................I will bite

Who or what is NNC. I have never heard of them


Also I must add.............I thought I took bad photos

SYRACUSIAN

Wayne, NNC is a "thirld world grading service", whose business come mostly from the submissions of an American seller called centsless. It's gotten so bad, that ebay has forbidden titling items with the slab's numerical grade, if such slab is not PCGS, NGC and perhaps ICG and Anacs, not sure about the last two.


In other words an unreliable company.It's not impossible to find good coins in such slabs, but it'd have to be paired with excellent photos and a very low price for me to give in.

Hussulo

He's also got his grading a bit confused "INDEPENDENTLY GRADED BY NNC AS UNCIRCULATED 50 GRADE" he seems to have forgot the ALMOST.

Stuning 1790 King George III Half Guniea

"STUNNING, HIGH GRADE COIN"

coinkat

sometimes I just don't know what to write...

A start of 120 GBP for the 1822 farthing? Its really getting to the point where its not funny anymore...

simply pathetic

JCMhouston

Come on, it's "Stunning" and "Extra Rare", that must be worth a bit.

Doogy

<< <i>Wayne, NNC is a "thirld world grading service", whose business come mostly from the submissions of an American seller called centsless. It's gotten so bad, that ebay has forbidden titling items with the slab's numerical grade, if such slab is not PCGS, NGC and perhaps ICG and Anacs, not sure about the last two.


In other words an unreliable company.It's not impossible to find good coins in such slabs, but it'd have to be paired with excellent photos and a very low price for me to give in. >>




Pretty much what Dimitri said, but may I add.........

the seller Centsles doesn't submit to NNC, he OWNS NNC. He is a person (Robert Johnson) with a very gifted eye to grading, having won PCGS World Series of Grading a couple years back. With this ability, he buys his coins through another ebay ID using this critical eye, with funds from self-slabbing. He buys a ton of crap, self-slabs them with grades that are usually WAY too high, if they should grade at all (many of them are cleaned or otherwise damaged). He has made a TON of money doing this over the past few years, and turns around and funds his higher end collection from these ill gotten spoils. He is a con man, plain and simple.

SYRACUSIAN

So centsles owns NNC and is basically a collector? Next thing you'll tell us is that he's selling coins as a side job?......

ccrdragon

no - selling over-hyped and over-graded coins is his main job... sad to say

IloiloKano

It also seems that if his (centles') auction does not sell for his minimum, sadly it "gets lost" and he refunds your purchase price, (sans shipping and insurance, of course). I say that is how it appears, since even though he had a coin very highly graded in one of those slabs, I could see its true condition, so I made a bid based on the true condition. I won the auction for $260 on "Wednesday, November 21, 2007 7:47 PM", (time and date stamp courtesy of eBay’s email notice), which of course did not include the shipping and insurance costs, which I paid.

It never showed up, so I asked for a Postal Tracking number. His response? Well, the first was from "Kathy" on December 11, 2007 and was

<< <i>This was shipped on 11/27, insured, tracking number 13071300333356348317". >>

Of course I immediately went online to confirm that, and the USPS web site stated, "Delivery status information is not available for your item via this web site". The next day I went to the post office and they told me they had no record of it ever being anywhere in the system. What was the response from Kathy when I advised her of all this?

<< <i>That is because their new rules are anything under $200 insured does not need a signature. >>

What??? I paid $260 PLUS Shipping PLUS Insurance, and they insured it for LESS than $200???

Now it truly was a coin worth well over $260 in its actual condition, but it wasn't uncirculated, so it didn't get anywhere near uncirculated bidding. In fact, I was psyched to get it for $260, but I never did actually "get it". I got my $260 refunded a couple months after I paid for the item, and I lost the insurance and shipping costs, since they didn't see fit to insure it for more than $200. Or did they even ship it to start with? I believe I can be forgiven for thinking the latter is closer to the truth.

Hey centless!!! Want to challenge this post??? Just know that hard disk space is cheap, and I have every single email I ever sent or received for the last 5 years!!! Where Kathy's quotes appeared, well, those were actually cut and pasted from a couple of those very same emails.

I didn't know that he created his own slabbing company though, so thanks to the poster who provided this bit of information. I'll be sure to pass along the warning to others who may not see this thread.

IloiloKano

Why can't he be prosecuted for fraud? If he has even a trivial personal collection, then a jury would convict for knowingly and falsely packaging this Sea Salvage coin as a shipwreck artifact, with AU50 details no less!

Give me a break.