Just wondering ANACS and ICG pitched a fit about being left out on the eBay
list of TWO prefered TPGs.
I remember J.T. Stanton was fit to be tied when he quit his old job to take
over PCI after Brian Beardsley
died and a couple of weeks later eBay said PCI couldn't be listed PCI soon
had to declare bankruptcy.
Where did eBay get their idea about only two TPGs should be
allowed it the auction's description? I peresonally do not agreed with just
two as when they made
changes before and made it four I think it was. Agreed that there are many
TPGs that are more
like Third World Graders and give Mint State out like pieces of candy.
Newest edict from eBay:
As coin collecting continues to grow and thrive on eBay, customers
have told us time and again that knowing they can buy and sell with
confidence is important. We'll be updating eBay's Stamps, currency,
and coins policy to help foster that confidence—this update may impact
your coin listings.
Starting May 30, all new listings and relistings in coin categories
will need to meet the following requirements:
First, listings for coins will be allowed to include a numeric grade
in their listing title or item description only if the coin grading
company meets certain objective standards.* Coins that haven't been
graded by these companies will be considered raw or ungraded.
Currently, eBay has determined that only the Numismatic Guaranty
Corporation (NGC) and the Professional Coin Grading Service (PCGS)
meet these standards.
Second, for US Coins only, grading by companies meeting these
standards will now be required for all coins listed with a Buy It Now,
reserve, or start price of $2,500 and above.
Good 'Til Cancelled listings will have until June 30th to comply with
the revised policy. Listings that don't comply by these dates will be
ineligible for relist or renewal and will be removed.
We've heard from both buyers and sellers that they'd like to see more
coins on eBay graded by companies who meet high standards. These new
requirements are an important step toward meeting these marketplace
demands. Take action now to ensure your listings comply with these new
As always, thank you for selling on eBay,
There are many good coins in ANACS and ICG slabs which will now be
unmarketable and unsearchable on eBay with these new rules. I spent
several thousand dollars with ANACS recently on varieties and ancients
which are two categories that people will (righly so) never buy unless
attributed and certified by a reputable grading service. Now eBay will
consider these raw. Will be on the phone with my attorney in the
Frank Provasek Rare Coins www.frankcoins.com
Texas Auction License
11259, Board member of Texas Coin Dealers Association,
Member TNA, ANA, PCGS, NGC - Full Time Since 1991