Comments on: New Coin Grading Services At Ebay Warning-PCG/MGC

By: Coin Master

Coin Master — Sun, 21 Feb 2010 10:41:32 +0000

Nice Try collectorguy, BUYERS BEWARE this guy is actually the same person that runs and sells the morgan dollars from that so called company, a very poor attempt at passing these coins as the grades they do off this ebayer
(MICXED-DOLLARS) & (PRECIOUS-SILVER-CO) originally precious-silver-co then started micxed-dollars to prevent possible feedback damage cause by this poor attempt of a scam that they are doing and apparently getting away with and people still come back for more and are totally happy, idiots, whoever buys off these twits and is actually happy with the purchase is a total nut case and deserves to get ripped off.
Ive spent some time in Oz and know of a couple of gents that have purchased off this clown.
Heres a question, Who in their right mind would think about selling a $40,000 MS 68 Morgan dollar for $100? unless it was BS right? NOBODY.
Its just a matter of time until this mob gets a knock at the door by the FEDs.
We have the same Fools playing the same game here in the US, they all eventually get caught.
He as also attempted to cover some tracks on Wikianswers that I have replied to http://wiki.answers.com/Q/Discuss:Is_precision_coin_grading_reliable_company

Good luck collectorguy

By: collectorguy

collectorguy — Tue, 02 Feb 2010 09:28:44 +0000

I have purchased coins graded by precision coin grading before I saw this website.
I must say that the coin in the ebay photo looks like the coin I received so I cann’t say that the photos are deceptive.
In terms of the grade given to the coins, on comparison with your photo guide I reckon they might be a grade lower or so but they are very nice coins with full chest feathers.
I know PCGS is the ultimate grader but I don’t want to pay thousands of dollars for a coin.
This whole coin collecting game is interesting to pursue.

By: Daniel Malone

Daniel Malone — Mon, 28 Dec 2009 14:04:20 +0000

I’m glad to help, and thanks for letting me know. It’s difficult and nearly impossible to procecute on the basis of subjective matter. Although, I think it will happen in the future.

If you visit my website coinauctionshelp.com I have a list of grading acronyms with their numeric counterpart. I also have photograde charts for Morgans and many other US coins, so you can look at the photo and compare it to the grade.

I sale on ebay under the user id coinauctionshelp and I sometimes sale Morgans. I guarantee the coins I sale. Thanks for your comment and hope you will join our forum. You can post ebay auction links there and ask for advice. We have many helpful members.

Daniel

By: kerberos2015

kerberos2015 — Mon, 28 Dec 2009 06:14:12 +0000

Dear Daniel,

Well , if it’s too good to be true it probably is .Your site saved me from bidding 850 USD on a 1884-S Morgan from precision coin grading service on ebay.

If you want to complain write to the ACCC here in Australia by email. Scams get punished severely here i.e. deceptive and misleading advertising it comes under s.42 of the Federal Trade Practices Act( 1974).

The problem is that on the Precision Grading Service site is writes all information and grading is “subjective”. So it may be a case of buyer be ware .

I live in Sydney,NSW and have moved here from Los Angeles . I am thinking about getting into US Morgans , St.Gaudens Gold for investment only .

So just looking for high quality undervalued coins from PCGS .The US Grading system confuses me because I’m used to the Australian/British system .

Any advice on buying PCGS from eBay or Heritage Auctions ?

Thanks . I’ll be reading your site often , maybe contribute too as I become more knowledgeable .

Regards,

Peter
Sydney, Australia

By: aucoinco888

aucoinco888 — Thu, 24 Dec 2009 09:41:40 +0000

re precision Coin Grading, i have contacted them on several occasions to get coins graded and all they will tell me is that they are located in Perth Western Australia but have failed to give e their postal address after 4 emails.. sounds dodgy eh! i feel they have created their own grading company to deceive people and sell coins on eBay for higher prices…prove me wrong! Buyer beware!