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Beware of INB, SGS, Numismatic Bureau coins

by: j_tamsen( 135Feedback score is 100 to 499)
17 out of 18 people found this guide helpful.
Guide viewed: 1875 times Tags: INB | SGS | Numismatic Bureau | coin grading | fraud


I recived a lot won on EBAY from Numismatic Bureau and with all the bragging this person dose on his EBAY store such as "another great lot by Numismatic Bureau" and " We are EBAY auction power sellers and have a total positive feed back of over 115,000 transactions. If everyone had left us feed back, our numbers would be well over 200,00 positives! So you know we are safe to deal with. We are full time coin dealers."

I was expecting a great lot of coins from this seller at least the value of the coins to equal what I paid not some outrageous 50.00 for coins valued at 1000 dollars or something like that, well what do you know I was bamboozled buy this seller. Who ever is grading INB coins needs to make an appointment with an optometrists. Besides coins completely improperly graded there where debris encased with some of the coins which tells me that the person encasing the coins did sloppy and unprofessional work.

You can check out Collectors society on the web there is more information about INB fraud. Grading is subjective and the definition that I have out of the red book for MS70 is not even close to what I was sent. I am not a professional coin dealer but I can read and compare. Almost every coin about 14-16 coins was graded MS70 maybe 2 or 30 where MS70 as for the rest I can go into my spare change jar and find better quality coins. I have sent the coins back with the expectation a full refund as per communications with the seller, but save yourself a headache and buy coins from reputable graders such as NGC, PCGS, ANACS, ICG.

PLEASE DO NOT BUY INB OR SGS GRADED COINS UNLESS YOU WANT TO THROW YOUR MONEY AWAY.

And if you do just send it to me i will find a better use for it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Guide ID: 10000000005647620Guide created: 02/13/08 (updated 10/19/09)

 
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Related tags: fraud | Numismatic Bureau | INB | SGS | coin grading

 


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