Home U.S. Coin Forum

Why would this eBay seller white out part of the slab's label?

ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

I am thinking of using 8% eBay buck discount on this $399 BIN; advertised as AU+++
But why would part of label is hidden?


Comments

  • blitzdudeblitzdude Posts: 6,038 ✭✭✭✭✭

    @Jimnight said:
    I stay away from items like this.

    Ditto, stay far far away.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    sigh

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    you can't even tell who graded it, where is the picture of the reverse side of coin? very questionable

  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭

    It looks like a decent coin from his pics. Why not ask him to send you unedited pics of the slab? Can't hurt. In any event I'd suggest that you treat it like a raw coin.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • goldengolden Posts: 9,737 ✭✭✭✭✭

    Danger,danger Will Robinson!

  • KyleKyle Posts: 1,822 ✭✭✭✭✭
    edited March 28, 2018 4:26PM

    Like a few others have already mentioned in this thread, if the TPG isn't recognized by eBay the grade on the slab needs to be hidden in order to meet eBay's policies.

    A graded coin is one that has received a numeric grade (MS-65, for example) from a coin grading company. This numeric grade can be included in the title, description, or item specifics of the listing only if the coin has been graded by a company that has been found by us to meet certain minimum objective criteria.

    If a coin isn't graded by one of these grading companies (PCGS, NGC, ANACS, ICG), 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 in the photo

    From the eBay Policy page for selling stamps, coins, and currency.

    Successful BST Transactions With: tonedase, streg2, airplanenut, coindeuce, vibr0nic, natetrook, Shrub68, golden, Lakesammman, drddm, Ilikecolor, CoinJunkie, wondercoin, lablover
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @PerryHall said:
    It looks like a decent coin from his pics. Why not ask him to send you unedited pics of the slab? Can't hurt. In any event I'd suggest that you treat it like a raw coin.

    seller says "will do when given a chance"; I better stay away....and look for PCGS or NGC.

  • blitzdudeblitzdude Posts: 6,038 ✭✭✭✭✭

    Wait ebay has blessed and unblessed TPG? Geeze they let the Chinese sell counterfeits all day long but wont let an individual sell an authentic coin in a segs slab? Crazy world we live in lol

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @coinpalice said:
    stick a chain in this one, your good to go :/

    ?

  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭

    Looks like an AU as described by the seller but overpriced at his BIN price of $399.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • jwittenjwitten Posts: 5,206 ✭✭✭✭✭

    No need to "stay far away". Looks like a nice coin, though a little pricey for the grade. Ebay only lets you show the grades on the holder of a few TPGs, and this is not one of them. Not an issue at all in my eyes.

  • davewesendavewesen Posts: 6,273 ✭✭✭✭✭

    SEGS not approved

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Common date, common condition, possible ex jewelry. Seller is hiding negatives that would affect bids. Look elsewhere for a better coin for the same money.

  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    He'd probably do better cracking it out and auctioning it at $1 start.

  • lkeigwinlkeigwin Posts: 16,892 ✭✭✭✭✭

    Isn't a PCGS-graded AU58 around $300? Why gamble on an unapproved, alleged 58+++ (whatever that means) for $400?
    Lance.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I will not even consider an auction such as this.... There are other good coins that do not have any 'mystery' about them.... Cheers, RickO

  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    Looks like he is sticking to the letter of the law on the Ebay rules. I would make an offer if the seller looks decent. What is the worsted that could do?

    Best place to buy !
    Bronze Associate member

  • davewesendavewesen Posts: 6,273 ✭✭✭✭✭

    the label might say something like repaired or ex-jewelry and not help sale

  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭

    @davewesen said:
    the label might say something like repaired or ex-jewelry and not help sale

    Agree, thinking it's a details coin myself.

  • jwittenjwitten Posts: 5,206 ✭✭✭✭✭

    Guys, it is because of ebays rules, not to cover an issue. Looks like a nice coin to me.

  • ashelandasheland Posts: 23,285 ✭✭✭✭✭

    It's over priced though. Indeed, get a PCGS one instead.

  • burfle23burfle23 Posts: 2,410 ✭✭✭✭✭
    edited March 30, 2018 6:46AM

    Sellers really only need cover up the numerical grade and then not mention that grade in the listing to meet the policy.

    An example of one in an NNC slab: https://www.ebay.com/itm/1799-Bust-Dollar-VG-Silver-1-US-Coin-LOT-Slab-396-NO-RESERVE/232710943915?hash=item362ea734ab:g:zSkAAOSwki1auJ90

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file