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V23 2020 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 23, Number 20, May 17, 2020, Article 21

APPROVED GRADERS ON EBAY

David Barrette of Douggin World Coins writes:

"In the Loose Change section of the last E-Sylum there was a piece entitled "Selling Coins on eBay." I have been a dealer selling coins on eBay since 2004. Item #9 in the story says if the item isn't one of the authorized third party graders recognized by eBay, you can still show the photo of the slab with the numerical grade. This is not true as I found out recently. The photo may not show the slab nor the grade assigned by the third party grading company. Please see a copy of my e-mail below. I hope this will help others before they have problems trying to put photos of slabs from unauthorized third party graders."

Thanks - here's the relevant section of the email from eBay Customer Service. -Editor

Listings for graded currency must have been graded by one of our approved companies. The eBay-approved grading companies are:

  • American Numismatic Association Certification Service (ANACS)
  • Independent Coin Graders (ICG)
  • Numismatic Guaranty Corporation (NGC)
  • Professional Coin Grading Service (PCGS)
  • Paper Money Guaranty (PMG)

As for listings for ungraded coins and currency or raw currency: These must not include a non-approved grading company, numeric grade or estimated value anywhere in the listing and can't show an image of the item in a graded holder if the image shows a grade.

I would take that last instruction to mean that showing an image of a holder is OK but only if the grade and grading company name are cropped from or blotted out on the image.

But what about fourth-party grader Certified Acceptance Corp.? They're not on the approved list, so wouldn't CAC have to be excised from the listing and image as well? As a market leader that doesn't make sense. I see plenty of CAC stickers on eBay slab images. Is there a separate policy on stickers, or was CAC just left off this list somehow? -Editor

Mark Ferguson writes:

"My guess is that CAC is not on the list because there's a primary grading service – PCGS or NGC – that has graded the coin before CAC stickering. There could be other stickers on slabs as well, such as: PQ, Eagle Eye Photo Seal, etc."

To read the earlier E-Sylum article, see:
LOOSE CHANGE: MAY 10, 2020 : Selling Coins on eBay (https://www.coinbooks.org/v23/esylum_v23n19a41.html)



Wayne Homren, Editor

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