Is currently, as of August 10, 2012, being sold at ebay by the seller coinclub and their store is called coinguys. All their coins appear to be cleaned, over graded or both. I am sure when they realize they are being reported on or they get enough negatives they will change their name or start another account with a different user id.
I do encourage you to closely examine their coins, compare them to other coins of the same grade, but DON'T bid more than the melt value for their coins.
They claim to grade using the Pacific International Coin Collectable Standards, and of course, there's no such thing. It's all made up and made to look professional, but there standards are low for the sake of profits.
I hope you, the visitor of this web page, found this website before you purchased a graded coin at ebay or any other online venue. If not, don't despair, because here you will find all the information you need to buy graded coins without getting ripped off. It's better to learn this information now than never.
Ebay is only one of many websites that contain coin auctions or coins for sale in holders with an assigned grade. It's also apparent that uninformed collectors assume that a coin in a holder is authentic and graded appropriately, but such is not always the case.
It doesn't take a degree or training to buy coin holders, create the labels of your choice and encase coins inside. Furthermore, if you know how much coins are worth in different grades than you would be able to grade any coin, a grade of your choice, for the most profit. However, it doesn't stop there as many decide that can pass-off cleaned coins as problem free, or fake coins as authentic. If that's not enough, some have chosen to fake holders from the most respected grading services like PCGS and NGC.
So, I hope each visitor takes heed to the information contained in these web pages and buys graded coins accordingly.
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