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Listing PCGS Genuine Coins Without Mentioning the Problem

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No User

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Nov 4, 2010, 4:37:01 PM11/4/10
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http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&hash=item2eb0eda6d3&item=200536860371

I have a real problem with listing a coin in a PCGS problem slab without
mentioning the cleaning. I think sellers are ethically bound to disclose
all problems. Futhermore giving an opinion "Looks MS64 to us" mislead the
buyer into thinking this is more than a cleaned coin worth little more than
melt. $1350 is outrageous.

Capnbidwell

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Nov 8, 2010, 1:38:12 AM11/8/10
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> http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&hash=item2eb0eda6d3&item=200536860371

Doesn't everyone know that "Genuine" means un-gradable? If you look
the coin up on the PCGS site it will give details to who it wasn't
graded.

I agree the price was outrageous and he should have disclosed why PCGS
gave it a genuine rating. But buyers also have a responsibility to be
informed to how PCGS ratings work.


Julian M. Leidman

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Nov 8, 2010, 10:48:16 AM11/8/10
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I offer a full return policy, no questions asked.

I also respond promptly to any/all offers and questions.

I do not want to get into a published battle with PCGS on their opinions on
specific coins.

I happen to disagree with them on this and some others. Big deal.

Will all the professional numismatists that have not disagreed with any of
the TPG services, please raise their hands?

For that matter, PCGS disagrees with themselves occasionally.

I do not believe that I lose the right to my opinion because someone else
has given theirs, nor do I surrender my rights to price coins as I see them.

PNG member, numismatic dealer since 1965. Operates a retail store, also has
exhibited at over 1000 shows.

www.juliancoin.com


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