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And the winner in the overgraded coin catagory is....

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  • Holy smokes! VF35 at best!

    $355... Geez. When will these bidders ever learn???
    image
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  • guitarwesguitarwes Posts: 9,290 ✭✭✭

    Holy Mess!image




    That is shameful.

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  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    May not be a 66, but it sure looks DMPL to me.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭


    << <i>$50 per coin grading from this company?!

    Rarely do I like to use the term, but I think "LOL" applies well here. >>



    30 day turn around, too. All they have are MS67 or MS70 grade labels. A monkey can be trained to seal the slabs. Pfft.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • I saw that $50 coin grading fee and laughed. But then it dawned on me, clever marketing. Think about, you start a "Grading service" so it gives your "slabbed" coins validity. You don't really want to grade anybody elses coins, so you price your "service" high enough that nobody will use it.
  • sTONERsTONER Posts: 1,904 ✭✭✭
    WTF, kind of grading is that,, what a bunch of DOUSCHEBAGS,,image
    toner loner
  • ...also, their submission form page is clearly stolen from PCI website...

    Rex
  • MFHMFH Posts: 11,720 ✭✭✭✭
    World Coin Grading

    Better said : Who in the World are the Coin Graders ?

    I know who they are - they're the layed-off graders from the
    grading company that was attempting to sue everyone and their
    brother here and accross the street...so no names mentioned.

    image
    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • 66 = 66 bag marks and scratches or 66% of original weight.
    Witty sig line currently under construction. Thank you for your patience.
  • 123cents123cents Posts: 7,178 ✭✭✭
    That's what makes Ebay so great!.... NOT!image
    image
  • CgbCgb Posts: 710
    Wow, I am speechless. Check out the current high bidder, he pays top dollar for coins graded for this company.

    "This a WCG graded coin in an excellent MS-66 Proof Like condition. This coin lists at $100,000.00 in this condition"

    I'll be smart and bid $99,000 and sell it for $100,000!
  • BigMooseBigMoose Posts: 1,469 ✭✭✭
    That's criminal.

    and sTONER, it's Douchebags!
    TomT-1794

    Check out some of my 1794 Large Cents on www.coingallery.org
  • krankykranky Posts: 8,709 ✭✭✭
    That may indeed be the most overgraded coin I have ever seen. The "PL" designation is beyond ludicrous.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • I would pay $50 for grading if I could turn all my junk silver into that kind of gold!!!!! image
  • FatManFatMan Posts: 8,977
    Its all good. World Grading Company is using a 200 point grading scale and the PL designates "Poor Luster". So what's your beef?imageimage
  • sTONERsTONER Posts: 1,904 ✭✭✭


    << <i>That's criminal.

    and sTONER, it's Douchebags! >>

    LOL, i apologize, it wont happen again,,
    image
    toner loner
  • BAJJERFANBAJJERFAN Posts: 31,401 ✭✭✭✭✭


    << <i>and the PL designates "Poor Luster". >>



    I was thinking Pathetic Loser; buyer or seller-take your pick.
    theknowitalltroll;
  • Is it possible that it is just a labeling error???? It happens to the best of firms......



    imageimageimage

    imageimageimage
  • WOW.

    Hmm.

    I guess I dont get it. The other MS67 turds he has listed look to be at least AU, most BU. Probably have lots of other "problems" for sure. But this? THIS? Why did he do this? I mean it was a "great thing" what he was doing with the BU looking coins. Why screw it all up with this embarassment?
  • Oh, the buyer didn't like his coin... check his feedback:
    coin sent. emailed all the shipping informarmation. buyer doesn't check his emai
    Seller ravalexcoins( 1064) Mar-21-07 21:28 110088950532
    Reply by lawrenceofscottsdale: coin returned not as described, had to fight for refund grading svc. a joke

    I guess he can't see pictures. Did the pictures look anywhere near mint state anything... to anyone?
  • icsoccericsoccer Posts: 1,339 ✭✭✭
    That's so sad..image
    Successful BST transactions to date: Coindeuce, Cohodk, dantheman984, STONE, LeeG, jy8s, jkal, SeaEagleCoins, Hyperion, silverman68,Meltdown,RichieURich,savoyspecial,Barndog
  • messydeskmessydesk Posts: 20,342 ✭✭✭✭✭
    Looking at the bidder lists on the seller's other lots, there sure seems to be a small number of big buyers of WCG crap.
  • Hard to grasp anyone would spend that much money for a coin without understanding the basics of grading. Very sad.image
  • I just did a search for the addy- this is a hotel just outside of IAH- bush airport- why do I know this so well?

    I worked at that airport for 5 years- and took Will Clayton home every night, and watched this little hotel go up.

    WCG- a hotel room scam? what next..

  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭
    WCG is so good you dont need to see the coin. WCG graded coin "no questions asked".
  • WCG

    Wishful Coin Graders ??????
  • I was thinking "Will's Coin Garbage"
    First get the knowledge, then the coins.

    imageimage
  • ShortgapbobShortgapbob Posts: 2,332 ✭✭✭
    That is the worst that I have seen yet out of the self slabbers......absolutely pathetic!
    "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle

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  • RollermanRollerman Posts: 1,897 ✭✭✭✭✭


    << <i>That may indeed be the most overgraded coin I have ever seen. The "PL" designation is beyond ludicrous. >>



    AGREED! At least they didn't include "cameo" in the description! And this guy is a Power Seller too! Yikes!

    Pete
    "Ain't None of Them play like him (Bix Beiderbecke) Yet."
    Louis Armstrong
  • StrikeOutXXXStrikeOutXXX Posts: 3,352 ✭✭✭✭✭


    << <i>That is the worst that I have seen yet out of the self slabbers......absolutely pathetic! >>



    image Makes me wish Sheldon had trademarked his scale and his estate could only license the grading terms to publications and above the board TPG's. This slab might have still received some bids just labeled Superb gem uncirculated, but most around the industry would know if it isn't labeled with the trademarked MS/PF-xx it isn't from a reputable source.
    ------------------------------------------------------------

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    Discoverer of 1919 Mercury Dime DDO - FS-101
  • And to boot she's got severe acne scars.
  • Great Service and new grading co.has a future,I beleive it is in top 3 already
    Buyer thedixietrader( 941) Apr-03-07 13:05 110106153762

    A sample of His great feedback LOL image
  • Lawrence has a feedback of (4). Just think, there are thousands like him dumping millions into crap like this. How long before numerous complaints to a Congresscritter result in legislation that wil provide govt. interference into our hobby.
    For this reason alone all of us must become more proactive in denouncing these frauds.
    Lawrence spent two hundred and change on a coin that at best would grade vf and worth $65 if it's not cleaned. Though obviously a newbie even he returned it. How many have not?
    Like everyone else I can't fathom why he couldn't see from the picture that the coin is pure crap. And the seller didn't even try to photoshop the image. He was that confident that there are enough newbies that wouldn't have the foggiest idea what a ms 66 should look like.
    A second issue: it's becoming increasingly difficult to sell properly graded coins on ebay since the proliferation of these crapslabbers/sellers. A lot of uninformed buyers would naturally rather have a ms 68 coin for the same price or less than my ho-hum PCGS ms 64. Especially if they are led to believe it might be worth $50,000 or more. Dave W







    The priceless ingredient in any coin transaction is the integrity of the dealer.
    David J Weygant Rare Coins. www.djwcoin.com
    dalias13@hotmail.com
  • CoxeCoxe Posts: 11,139


    << <i>A second issue: it's becoming increasingly difficult to sell properly graded coins on ebay since the proliferation of these crapslabbers/sellers. A lot of uninformed buyers would naturally rather have a ms 68 coin for the same price or less than my ho-hum PCGS ms 64. Especially if they are led to believe it might be worth $50,000 or more. Dave W >>



    Tell me about it. I went to eBay after the frustration of consignment fees and bad/no lot descriptions from the big houses. Put some very nice coins for sale and either didn't sell or lost money. Bidders are looking for bargains (like everywhere else too) but also seem to think anything on the bay has to have something wrong with it.
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  • thisnamztakenthisnamztaken Posts: 4,101 ✭✭✭✭✭
    image I'm surprised that a top tier TPG like WGC would make such an obvious overgrading error.
    I never thought that growing old would happen so fast.
    - Jim
  • GeminiGemini Posts: 3,085
    Its nice to have friends in high places. image
    A thing of beauty is a joy for ever
  • Consider this scenario:

    A self grader decides to use a 100 point system...... uses VG-F-VF coins and lists them as MS-50 - MS-70 on his scale (every coin being mint state with varying degrees of wear...... All semantics and double talk, but it's the garbage that works)......


    TITLE in LARGE LETTERS MS-60....... Explanation of HIS grading scale hidden on HIS "ABOUT ME" page.........

    MISLEADING, YES!!!!!! ..... Illegal, I'm not sure, although I doubt it....... (They could always claim that they are using the standard established by the new GB slabbing company CGS)
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    The one thing that surprises me the most here is that the slabber didn't whiz the coin to make it look MS.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,625 ✭✭✭✭✭
    If we used the same standards for coin sellers that we use for certain media type, this seller would be banished from ever selling another U.S. coin again.
  • stupid people and their money are soon parted.

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