walnutto

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Disturbing Discovery

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walnutto

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This one gives other coin dealers a bad rap in my opinion.

I have recently discovered a dealer on Ebay that goes by two different names. He use to go by what looked very similar to a name of Gotcha. Most dealers will put forth the effort and send in raw coins for grading then sell them on Ebay. This one does the vulture method and buys up newly graded coins from other dealers on Ebay that no one bids on. Basically taking graded coins away from real collectors. Anyways.... the more recent trend, in my opinion, is put on deceptive stickers on the graded coins. Everyone is familar with the CAC sticker that demands a higher price. This dealer puts on a MAC sticker that also includes a Trademark reference. Unsuspecting coin buyers will believe this too demands a higher price. Also, this dealer will add a reference of either PL or DMPL over the top of his MAC sticker even though the coin is clearly not graded with either of those designations! In my opinion, Both of these deceptive practices need to stop and protect coin collectors.

Anyone here, that is a member of this society, needs to inform Ebay this dealer needs to stop this deception.

Take a look yourself, it will not take you long to find this dealer on Ebay.

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