Ebay effectively bans ANACS and ICG coins

"Frank Provasek" wrote in message
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On Apr 18, 8:41 am, "Bremick" wrote:
"Tom Rogers" wrote in message

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Please do not use vulgar language!

This is clearly a restraint of trade and does leave one to question
as It has become quite evident they Ebay has no measurable knowledge of
numismatics. How in the world the exclusion of ANACS or ICG grade in
item
description protect buyers is simply baffling. They must really believe
we
are all idiots.

No. They're simply showing their own incompetence. Sellers who cry that
certain TPG -slabbed coins are now "excluded from eBay" are showing their
incompetence, too. There's no restraint of trade involved, anymore that if
your housing development decided to ban weekly yard sales. People are
still
free to post their stuff on eBay and very little is "banned" in the coins
category.



With eBay selling about $4 billion a year in the coins category, there
must be at least several hundred million dollars of ANACS and ICG
slabs sold through eBay, which are now unmarketable on that venue.
The biggest complaints on eBay are the "best match" system which makes
inappropriate matches show up in searches, or rankings that are not
based on the most import criteria to the buyers (like RELIABLE
sellers, or sellers NOT from China) But you can't search at ALL based
on a photo.

Even with PCI and SEGS, the company's coins were listed in the
bluesheet and have a definite market value. As long as they are
properly described for what they are, and no inappropriate valuation
claims are made, a venue like eBay has no business telling sellers
which particular brand names of a legal product may or may not be
sold. They can ban ALL raw coins, or ALL items of a particular type,
such as guns, but banning the products of certain companies is illegal
restraint of trade,
--------------------------

Why do you have so much trouble understanding that products of those certain
companies ARE NOT BANNED from eBay. Ebay simply restricts the language used
to describe them. Adapt and be innovative. If you put up an 1893-S MS60
Morgan in an lower tier slab, potential bidders will find it as long as you
include the appropriate info in the title. MS60 could be replaced with Unc.
Your photos will determine how bidders react, not the slab. Don't be such a
whiner.

Ebay can and should do anything they want, as long as it is legal. They own
the business. There is no guarantee for inclusion. It's like telling Taco
Bell they have to sell Coke when they want to only sell Pepsi.

"Gary" wrote in message
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Why is the OP being called "Fwankie" and "village idiot"??

Seems like well thought out ideas. 100% Feedback on Ebay and 46 years
experience? Don't understand all the bashing here.

Ebay's actions make no market sense because the TPGs are not the ones
listing the coins for sale on eBay. Private individuals are the sellers
and any disputes about the sale is between seller and buyer. And Ebay
already has the right to unilaterally determine to make a refund to the
buyer if the buyer makes just about any excuse that he is unhappy.

Ebay really needs to put some coin experts on staff, it's obvious no one
there currently has a clue about coins.

And apparently lots of eBay seller don't have a clue about eBay's coin
listing requirements.

On Tue, 24 Apr 2012 01:42:24 -0500, "Gary" wrote:

Why is the OP being called "Fwankie" and "village idiot"??

Because Frank's hobby is fishing on usenet. He a good guy that
practices catch and release. He chums with short rebutals to reply
posts and catches the ones he releases over and over. I doubt that
anyone biting on his bait has ever read Mark Twain.

beekeep