Ebay Closes off TPG's.....only 4 allowed UPDATED YES CONFIRMED DIRECT FROM EBAY SEE EMAIL INSIDE!
ScarsdaleCoin
Posts: 5,331 ✭✭✭✭✭
NOW CONFIRMED SEE EMAIL BELOW
Dear Jon,
Thank you for writing eBay in regard to our policies concerning the sale
of coins.
You are indeed correct that our policies will be changing shortly. On
September 17th our policy page regarding the sale of coins and currency
will be updated to include the following information.
When listing a certified coin, the coin must be certified by one of the
following authorized grading companies:
* Numismatic Guaranty Corporation (NGC)
* Numismatic Conservation Services (NCS)
* Professional Coin Grading Service (PCGS)
* Independent Coin Grading (ICG)
* ANACS
In addition, listings for certified coins:
* Must be assigned the appropriate grading attributes in each listing.
Sellers must select the appropriate grading attributes within the Sell
Your Item form, including "Grading Company," "Grade" and "Serial Number"
provided with that grading.
* The listing must include an image of the item, showing the coin in its
graded holder, front and back.
If the coin listed is not certified by one of the above authorized
grading companies, the coin is considered raw/uncertified and is subject
to additional requirements for their sale.
A raw or uncertified coin is defined as any coin not graded by one of
the authorized grading companies. Sellers are permitted to list these
items on eBay under the following conditions:
* A numeric grade is not included in the title of the listing, such as
MS-65, VF-25, etc. A numeric grade may only be included in the
description of the listing.
* The grading company or price guide is not referenced in the title or
description.
* A dollar value (even if personal opinion) is not included in the title
or description.
As of this time the policy is not being enforced and enforcement may not
be immediate as we work to make sure everything is working correctly.
We thank you in advance for your cooperation, and wish you luck with
your future eBay transactions.
Sincerely,
Akira
eBay Customer Support
Original Message Follows:
-------------------------
Selling and Managing Your Item > Unpaid item concerns and appeal > Is
this item allowed or prohibited?
Message: Hello, we have just heard of a policy change regarding only
4 grading services Anacs, ICG, NGC, PCGS coins may be
Allowed to be called certified on ebay listings&.
Can you please confirm the truth to this ?
Jon
hot off the net.....
reprinted here
TO ALL EBAY SELLERS:
THE GENUISES AT EBAY HAVE DECIDED THAT ONLY PCGS, NGC, NCS, ANACS,
AND
ICG CAN BE LISTED AS 'CERTIFIED'. ALL OTHER SERVICES OR RAW COINS
CANNOT BE LISTED AS CERTIFIED OR WITH WITH A NUMERICAL GRADE IN THE
TITLE OF THE AUCTION....
ALSO THE WHOLE SLABBED COIN MUST BE PICTURED. THEY WILL PERMANENTLY
REMOVE ALL OFFENDING AUCTIONS THAT DO NOT COMPLY...
This was sent to me by my ebay rep:
I did just receive some information on what we will be
changing.
The coins will need to be graded by one of these companies if they are
going to be listed as graded or certified coins:
· Numismatic Guaranty Corporation (NGC)
· Numismatic Conservation Services (NCS)
· Professional Coin Grading Service (PCGS)
· Independent Coin Grading (ICG)
· ANACS
If the coin is not graded by one of these companies, the coin would
need
to be listed as uncertified. This means you would not be able to list
it
as a certified coin. You can therefore not include a grading in the
title. You could reference the grading in the description.
SINCE THIS ONE WILL HAVE LEGS FOREVER....SHAMELESS PLUG FOR BEST SHOW IN NY METRO AREA COINFEST
Coinfest Link
JUST HAD A CONFIRMATION
"Hi... yes it is true. It goes into effect the 17th, and there should
be emails sent out by then"
Dear Jon,
Thank you for writing eBay in regard to our policies concerning the sale
of coins.
You are indeed correct that our policies will be changing shortly. On
September 17th our policy page regarding the sale of coins and currency
will be updated to include the following information.
When listing a certified coin, the coin must be certified by one of the
following authorized grading companies:
* Numismatic Guaranty Corporation (NGC)
* Numismatic Conservation Services (NCS)
* Professional Coin Grading Service (PCGS)
* Independent Coin Grading (ICG)
* ANACS
In addition, listings for certified coins:
* Must be assigned the appropriate grading attributes in each listing.
Sellers must select the appropriate grading attributes within the Sell
Your Item form, including "Grading Company," "Grade" and "Serial Number"
provided with that grading.
* The listing must include an image of the item, showing the coin in its
graded holder, front and back.
If the coin listed is not certified by one of the above authorized
grading companies, the coin is considered raw/uncertified and is subject
to additional requirements for their sale.
A raw or uncertified coin is defined as any coin not graded by one of
the authorized grading companies. Sellers are permitted to list these
items on eBay under the following conditions:
* A numeric grade is not included in the title of the listing, such as
MS-65, VF-25, etc. A numeric grade may only be included in the
description of the listing.
* The grading company or price guide is not referenced in the title or
description.
* A dollar value (even if personal opinion) is not included in the title
or description.
As of this time the policy is not being enforced and enforcement may not
be immediate as we work to make sure everything is working correctly.
We thank you in advance for your cooperation, and wish you luck with
your future eBay transactions.
Sincerely,
Akira
eBay Customer Support
Original Message Follows:
-------------------------
Selling and Managing Your Item > Unpaid item concerns and appeal > Is
this item allowed or prohibited?
Message: Hello, we have just heard of a policy change regarding only
4 grading services Anacs, ICG, NGC, PCGS coins may be
Allowed to be called certified on ebay listings&.
Can you please confirm the truth to this ?
Jon
hot off the net.....
reprinted here
TO ALL EBAY SELLERS:
THE GENUISES AT EBAY HAVE DECIDED THAT ONLY PCGS, NGC, NCS, ANACS,
AND
ICG CAN BE LISTED AS 'CERTIFIED'. ALL OTHER SERVICES OR RAW COINS
CANNOT BE LISTED AS CERTIFIED OR WITH WITH A NUMERICAL GRADE IN THE
TITLE OF THE AUCTION....
ALSO THE WHOLE SLABBED COIN MUST BE PICTURED. THEY WILL PERMANENTLY
REMOVE ALL OFFENDING AUCTIONS THAT DO NOT COMPLY...
This was sent to me by my ebay rep:
I did just receive some information on what we will be
changing.
The coins will need to be graded by one of these companies if they are
going to be listed as graded or certified coins:
· Numismatic Guaranty Corporation (NGC)
· Numismatic Conservation Services (NCS)
· Professional Coin Grading Service (PCGS)
· Independent Coin Grading (ICG)
· ANACS
If the coin is not graded by one of these companies, the coin would
need
to be listed as uncertified. This means you would not be able to list
it
as a certified coin. You can therefore not include a grading in the
title. You could reference the grading in the description.
SINCE THIS ONE WILL HAVE LEGS FOREVER....SHAMELESS PLUG FOR BEST SHOW IN NY METRO AREA COINFEST
Coinfest Link
JUST HAD A CONFIRMATION
"Hi... yes it is true. It goes into effect the 17th, and there should
be emails sent out by then"
Jon Lerner - Scarsdale Coin - www.CoinHelp.com
0
Comments
Russ, NCNE
<< <i>hot off the net.....
reprinted here
TO ALL EBAY SELLERS:
THE GENUISES AT EBAY HAVE DECIDED THAT ONLY PCGS, NGC, NCS, ANACS,
AND
ICG CAN BE LISTED AS 'CERTIFIED'. ALL OTHER SERVICES OR RAW COINS
CANNOT BE LISTED AS CERTIFIED OR WITH WITH A NUMERICAL GRADE IN THE
TITLE OF THE AUCTION....
ALSO THE WHOLE SLABBED COIN MUST BE PICTURED. THEY WILL PERMANENTLY
REMOVE ALL OFFENDING AUCTIONS THAT DO NOT COMPLY...
This was sent to me by my ebay rep:
I did just receive some information on what we will be
changing.
The coins will need to be graded by one of these companies if they are
going to be listed as graded or certified coins:
· Numismatic Guaranty Corporation (NGC)
· Numismatic Conservation Services (NCS)
· Professional Coin Grading Service (PCGS)
· Independent Coin Grading (ICG)
· ANACS
If the coin is not graded by one of these companies, the coin would
need
to be listed as uncertified. This means you would not be able to list
it
as a certified coin. You can therefore not include a grading in the
title. You could reference the grading in the description. >>
I call BS!
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
Jerry
<< <i>Say good bye to SGS >>
And a whole bunch of other garbage slabbers I hope.
Russ, NCNE
I bet aboncom is pi$$ed
however, there are almost 2000 listing right now with sgs in the title
SGS was "invented" only because of online auctions
<< <i>This would be great news if it's true, but I've received nothing about it from my eBay rep and there's no official notice I can find on eBay's site.
Russ, NCNE >>
and I doubt they'd call themselves genuises.
<< <i><< This would be great news if it's true, but I've received nothing about it from my eBay rep and there's no official notice I can find on eBay's site.
Russ, NCNE >>
and I doubt they'd call themselves genuises. >>
That was probably the person making the post, and was sarcastic. Probably somebody who sells the slabs that would be effected.
Russ, NCNE
<< <i>
<< <i><< This would be great news if it's true, but I've received nothing about it from my eBay rep and there's no official notice I can find on eBay's site.
Russ, NCNE >>
and I doubt they'd call themselves genuises. >>
That was probably the person making the post, and was sarcastic. Probably somebody who sells the slabs that would be effected.
Russ, NCNE >>
that's what I figured too but the OP said "reprinted"
<< <i>
<< <i><< This would be great news if it's true, but I've received nothing about it from my eBay rep and there's no official notice I can find on eBay's site.
Russ, NCNE >>
and I doubt they'd call themselves genuises. >>
That was probably the person making the post, and was sarcastic. Probably somebody who sells the slabs that would be effected.
Russ, NCNE >>
It was posted by American Rare Coin Galleries of Tampa. It's one of the Goldsmith's co.'s that retail on Ebay like Gainesville Coins. They're big sellers of NGC. They say it is to be effective 9/17.
<< <i>
<< <i>
<< <i><< This would be great news if it's true, but I've received nothing about it from my eBay rep and there's no official notice I can find on eBay's site.
Russ, NCNE >>
and I doubt they'd call themselves genuises. >>
That was probably the person making the post, and was sarcastic. Probably somebody who sells the slabs that would be effected.
Russ, NCNE >>
It was posted by American Rare Coin Galleries of Tampa. It's one of the Goldsmith's co.'s that retail on Ebay like Gainesville Coins. They're big sellers of NGC. They say it is to be effective 9/17. >>
ahhhhh, it was on the internet...it MUST be true then.
<< <i>and only allowing these services to be called certfied was one of them. >>
Are they also going to include "graded"? Otherwise, the crap-slabbers will just switch the word they use.
Russ, NCNE
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
Russ, NCNE
An authorized PCGS dealer, and a contributor to the Red Book.
I hope it's true, seems like they picked the right TPGs but I'm surprised they didn't include SEGS and PCI even though they aren't great they're way above the self slabbers.
to compete with other sellers. Maybe they'll clean up the
wild west act and see how much of this market they can
really capture.
<< <i>
<< <i>and only allowing these services to be called certfied was one of them. >>
Are they also going to include "graded"? Otherwise, the crap-slabbers will just switch the word they use.
Russ, NCNE >>
I believe that any indication that it is professionally graded and not a PCGS/NGC/ANACS/ICG/NCS coin, it will be against eBay policy. That was my impression. I'm not 100% sure if "graded" means "professionally graded" but I would think it implies that.
If this is true, it's very surprising. Junk slabs, and those who sell them, are huge revenue generators for eBay.
That is what it was intended to target.
link
<< <i>If this is true, it's very surprising. Junk slabs, and those who sell them, are huge revenue generators for eBay.
Russ, NCNE >>
Perhaps those revenue generators are ruining their reputation. I know I lost respect.
``https://ebay.us/m/KxolR5
ACCUGRADE didn't make the list?
<< <i>I guess Centsles has a bit of a problem....
upon hearing this news, I just emailed him to let him know to kiss his 600 current auctions 'bye-bye'!
The way I do it now is to crop the insert and put it over the obverse picture. It ends up reducing the size of the picture a bit, but nowhere near as much if I have to do the whole slab.
<< <i> Perhaps those revenue generators are ruining their reputation. I know I lost respect. >>
Excellent point. Even the casual collector would wonder why they
are winning auctions on crap slabs with few bids.
They soon lose respect also.