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New (to me) ebay rules on raw coins

AUandAGAUandAG Posts: 24,933 ✭✭✭✭✭
Just got an auction nuked as it was a non approved grading company's slab and I

did not cover the grade on the holder. No biggie but thought others would like to

know (perhaps I'm behind times?).

bobimage



See below:





If a coin isn't graded by one of these grading companies, it's considered raw and must meet the requirements for raw coin listings.

A coin graded by a non-approved grading company can be listed, but the numeric grade can't be included in the title, description, or item specifics. You can't include an image of the coin in its graded holder if that image shows a grade that is not completely obscured and unreadable on the photo.
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com

Comments

  • DollarAfterDollarDollarAfterDollar Posts: 3,215 ✭✭✭✭✭
    But it's fine to put a coin into a 2x2 then write MS 65 all over the cardboard even though it's obviously been polished.





    E-Bay has really done awful job trying to police coin sales. Too bad they don't do anything about the coins listed over and over that are so far out of their actual worth that they'll never be sold.
    If you do what you always did, you get what you always got.
  • derrybderryb Posts: 37,661 ✭✭✭✭✭
    Originally posted by: DollarAfterDollar
    Too bad they don't do anything about the coins listed over and over that are so far out of their actual worth that they'll never be sold.


    Maybe they like the listing fees they collect.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭
    This has been a rule for a while now, at least a year maybe two.
    Instagram: nomad_numismatics
  • This content has been removed.
  • AUandAGAUandAG Posts: 24,933 ✭✭✭✭✭
    Originally posted by: morgandollar1878

    This has been a rule for a while now, at least a year maybe two.




    yup, behind the times I see! Well, to be honest I usually don't have 4th party coins.





    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭
    Sometimes their bamming of lots can be rather arbitrary. I was eBay searching earlier today and ran across a seller who had numerical grades in the auction headers for raw coins, over 300 of them, and no poofing of his lots.
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    Originally posted by: mannie gray

    Sometimes their bamming of lots can be rather arbitrary. I was eBay searching earlier today and ran across a seller who had numerical grades in the auction headers for raw coins, over 300 of them, and no poofing of his lots.




    That's because sleazeBay puts value on the free intel that they get from the self appointed eBay coin police who are more likely to be looking at listings for encapsulated coins. Eventually some crybaby will narc on the seller of raw coins with numerical grades in the title. Having arrived at the point of censoring even images of gypsy slabs is egregiously contradictory to the mantra of founder Pierre Omidyar, "we're just a venue". Now their mantra is "we're here to protect the stupid from themselves".



    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭


    I think it is a idiotic rule. I buy some old slabs and not knowing the original grade is ridiculous
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭
    Originally posted by: coindeuce

    Originally posted by: mannie gray

    Sometimes their bamming of lots can be rather arbitrary. I was eBay searching earlier today and ran across a seller who had numerical grades in the auction headers for raw coins, over 300 of them, and no poofing of his lots.




    That's because sleazeBay puts value on the free intel that they get from the self appointed eBay coin police who are more likely to be looking at listings for encapsulated coins. Eventually some crybaby will narc on the seller of raw coins with numerical grades in the title. Having arrived at the point of censoring even images of gypsy slabs is egregiously contradictory to the mantra of founder Pierre Omidyar, "we're just a venue". Now their mantra is "we're here to protect the stupid from themselves".





    Well stated.



  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭
    Originally posted by: Wabbit2313



    I think it is a idiotic rule. I buy some old slabs and not knowing the original grade is ridiculous




    image

    Let the market decide what the value is; the coin "is what it is" whether it's housed in a PC4 holder or an INTC69 or NNC74 or whatever.....
  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Originally posted by: FadeToBlack
    Kinda hilarious because if they were willing to spend, say $50k a year, they could hire a pretty good numismatist to patrol new listings, pull counterfeits, etc. Hell, I'd do it for that if I could work from home.


    They did have one, but fired him a year or so ago.

    eBay wanted to go back to being just a venue

    There are a lot of sellers who have homemade slabs with MS69 on the label. They don't put the numeric grade in the listing, but a picture is worth a thousand words.

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭
    Good riddance to those eBay police from a couple years ago. I had 3 auctions taken down in one day by those fools. Yes, they were all legit coins.
  • CoinZipCoinZip Posts: 3,253 ✭✭✭
    image

    Coin Club Benefit auctions ..... View the Lots

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I have long ago stopped using ebay for coins. Yes, I know, forum members still get good deals there.... I just got tired of the con jobs, poor offerings and hassle when the coin was not as described... much less stress in life now... image Cheers, RickO
  • Originally posted by: AUandAG
    Just got an auction nuked as it was a non approved grading company's slab and I
    did not cover the grade on the holder. No biggie but thought others would like to
    know (perhaps I'm behind times?).
    bobimage

    See below:


    If a coin isn't graded by one of these grading companies, it's considered raw and must meet the requirements for raw coin listings.
    A coin graded by a non-approved grading company can be listed, but the numeric grade can't be included in the title, description, or item specifics. You can't include an image of the coin in its graded holder if that image shows a grade that is not completely obscured and unreadable on the photo.


    Ebay just recently started enforcing this rule......really pissed-off centsles as all his self grade NNC slabs now must cover his bogus numeric grades.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,609 ✭✭✭✭✭
    Some guys try to tell me she is a "10".

    I laugh. "eBay is not for everyone"

    Not even ours truly comes up with the same number on resubmitted coins.

    I laugh again.

  • logger7logger7 Posts: 9,040 ✭✭✭✭✭
    It had a significant impact on sellers like the guy behind NNC; ebay was getting too many complaints. Similar problems with CGA certification. If sellers are going to mislead gullible buyers with coins and currency in holders without real guarantees, then they should have guarantees of their own beyond the 30 day rule. There needs to be a counter to the risks buyers take in buying high value material.



    Look at what the changes did to censles and currencycounter on currency and the $2500 ceiling on uncertified currency. It was overdue and in the meantime many buyers had been stung.



    https://casetext.com/case/nati...rtification-llc-v-ebay
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Originally posted by: ricko
    I have long ago stopped using ebay for coins. Yes, I know, forum members still get good deals there.... I just got tired of the con jobs, poor offerings and hassle when the coin was not as described... much less stress in life now... image Cheers, RickO


    I have bought and sold well over Ten Thousand coins on eBay.

    I can count the number of problems I have had on eBay on one hand.

    The handful of problems that I have had on eBay were taken all care of by paypal. So I have lost zero on bad transactions.

    You must have been doing something terrible wrong on eBay to feel the way you do about that venue.

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