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Missing/Stolen coin from PCGS

One coin in a submission to PCGS came up missing. Low an behold, the coin, confirmed by PCGS appeared on eBay. Item number 352647232203.  The selled blocked out the PCGS serial number, but failed to cover up the barcode, and the confirming pictures confirmed that it was the stolen/ missing coin from PCGS, my coin.

The seller was questioned about the missing serial number, and the item was immediately canceled.

 

How to proceed... suggestions.. Thanks

Message 1 of 12
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11 REPLIES 11

Re: Missing/Stolen coin from PCGS

PCGS owes you the coin or the retail value of the coin.

 

Other than to keep on bugging PCGS,   Stay out of it.

 

The issue is not between you and the other seller.    The issue is also not 

between you and ebay.      

 

Value of the coin?    If it's high enough,    You may want to speak to an attorney.    IMO if PCGS is co-operating and you feel that they will make this right for you,    Then an attorney may not be needed.

 

Your part of this is strictly between you and PCGS.    

Message 2 of 12
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Re: Missing/Stolen coin from PCGS

     Depending on how it was "stolen" from PCGS and whether you retained the seller posting information you can file a stolen property report with the sellers local police department, a report of theft with PCGS and report the seller to eBay for attempting to sell stolen property. 

     Be sure to provide enough proof and evidence to show that the coin was stolen and the process by which it was stolen. 

Message 3 of 12
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Re: Missing/Stolen coin from PCGS

The coin was not stolen from the OP.     The OPs coin was stolen from PCGS.    

Message 4 of 12
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Re: Missing/Stolen coin from PCGS

What did PCGS say about the missing coin? What is the submission status at PCGS for the coin? First step is contact PCGS. In my experience each coin you submit is a separate line on the form with a separate status.   

Message 5 of 12
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Re: Missing/Stolen coin from PCGS


@review_quality_notes wrote:

One coin in a submission to PCGS came up missing. Low an behold, the coin, confirmed by PCGS appeared on eBay. Item number 352647232203.  The selled blocked out the PCGS serial number, but failed to cover up the barcode, and the confirming pictures confirmed that it was the stolen/ missing coin from PCGS, my coin.

The seller was questioned about the missing serial number, and the item was immediately canceled.

How to proceed... suggestions.. Thanks


If it got graded and assigned a serial number, clearly it made it to PCGS.

 

You would need to explain to us exactly what happened and exactly what "came up missing" means.

 

Did you submit it to PCGS on your own, or was it through some eBay program? 

 

Was it never returned to you by PCGS, or did it "come up missing" after you received it back from PCGS? 

 

What does the applicable user agreement say about lot property? 

 

 

Message 6 of 12
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Re: Missing/Stolen coin from PCGS


@dirk12955 wrote:

The coin was not stolen from the OP.     The OPs coin was stolen from PCGS.    


The OP said it was (a) part of a submission to PCGS, and (b)  that it "came up missing".

 

Those two statements certainly imply that it was lost while in PCGS possession, but does not actually state that. It could have "come up missing" after it was returned by PCGS. 

 

 

 

Message 7 of 12
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Re: Missing/Stolen coin from PCGS

The coin was not stolen from the OP.     The OPs coin was stolen from PCGS.    

 

     Fully realize that but some details were missing. Obviously the coin was authenticated because the OP indicated the posting had the PCGS number and barcode. What PCGS is probably unaware of, as was eBay when the item was listed, is making the connection between the theft and the potential thief. 

     It would be interesting to know/discover if the seller also happened to work for PCGS or the carrier that was shipping the item back to the OP once the certification was completed. While PCGS may compensate the OP for the lost/stolen item if the OP had not connected the pieces between the theft and the eBay posting there is a low probability that PCGS would have caught or seen the eBay listing. 

     If OP does not connect the parties PCGS, eBay and the seller there may be the possibility that the thief will continue to operate. Odds are this may not be the first time the thief has pulled this off. 

Message 8 of 12
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Re: Missing/Stolen coin from PCGS

Your contract was with PCGS, if stolen from their location they would know who took it. PCGS and NGC have security cameras everywhere way beyond any bank let alone a casino. PCGS should pay you market value.

Message 9 of 12
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Re: Missing/Stolen coin from PCGS

We need more information about where and when the coin went missing. You obviously knew the coin was missing BEFORE you saw it on eBay. Give us an accurate timeline. Something missing here and it's not just the coin.

Message 10 of 12
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Re: Missing/Stolen coin from PCGS

You should have purchased the coin from the seller.

Inspected upon arrival to be sure it was your missing coin.

Then dispute the transaction through your bank's fraud investigation team.

Alas, that never happened, now this coin will certainly become missing.

 

You can report the seller to eBay, but that's a waste of your time.

Do not contact this seller, as you will not get any help.

As stated, you may need an attorney if the coin is that valuable. Or file a Police Report.

 

If it makes you feel any better, you are not the first nor the last involved in this type of PCGS fraud.

Good luck and I hope you don't get blamed for perpetrating any fraud. It happens on occasion.

 

Loose Cannon
Message 11 of 12
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Re: Missing/Stolen coin from PCGS

The issue of the missing coin is between the OP and PCGS.    

 

Buying the coin from the seller and disputing the transaction assumes that the 

coin didn't change hands 5 times between the moment the OP mailed it and 

when the seller listed it on ebay.

 

The person currently in possession of the coin might be 100% innocent of any wrong doing.  

Message 12 of 12
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