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31
If they want to retain you as a customer they will refund most of the money.  They much more to lose in PR than a small check made out to you.

I think NGC tracks if an identical coin has been submitted by the same submitter within the previous few months.  A year ago resubmissions led to higher grades today it leads to the same grade. 

I don't have a lot of data points this year as my submission volume is down 90% from prior years.  I am still disappointed that I missed the opportunity to short CLCT early in the year when it was clear that dealers were grading much less than a year earlier. 
32
Modern Chinese Medals / Re: Great Wall 1984 3.3 oz. Silver Medal - Two Versions
« Last post by bonke on October 11, 2018, 08:12:49 AM »
Arif

Thanks for the offer.

The medal is still in transit from Sarasota.  I should receive it in a week or so. 

I did send an email to Spink's office in Hong Kong about my purchase.  At this point, no one has responded.  The auctioneer and office staff are very friendly people and I will be surprised if they do not respond to my inquiry.  Still, I will also be very surprised if they refund $$$ at this point in time. 

Do you think it matters who submits an item to the grading houses?  As a collector, I always think they treat me and my submissions fairly.  Are some other people treated even better?

Mark Bonke 
33
Modern Chinese Coins / Re: WOW of the day
« Last post by pandamonium on October 11, 2018, 07:39:47 AM »
1984 PF 70 & 69  Silver Pagoda set w/ box   $3,499   Sold        Ebay 183470427809 see photo...    Is this the only ONE PF 70 silver pagoda?....
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I would be willing to submit it for you to NGC or PCGS.  I think it will grade fine, but first, try to get a refund from spinks.
35
Great article, Thank you


Thanks. I'm glad you enjoyed it.

Best wishes,
Peter Anthony
NGC Consultant
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com
36
Great article, Thank you
37
"...You could set your clock by it; we had lunch from 12 to 1 and then there was another hour-long air raid. Usually, they didn’t hit our area — except for one day. Unfortunately, they missed a Japanese radio station and hit a camp and killed around 30 of our people, wounded many others and knocked down many buildings with people inside..."

Presented by NGC: https://www.ngccoin.com/news/article/6892/Chinese-coins/



Best wishes,
Peter Anthony
NGC Consultant
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com
38
Modern Chinese Medals / Re: Great Wall 1984 3.3 oz. Silver Medal - Two Versions
« Last post by mmissinglink on October 09, 2018, 11:36:31 PM »
I am already in a deep hole with this silver matte Great Wall medal.  I certainly would not re-submit it to NGC or submit it to PCGS, hoping for a more favorable opinion.  I have a tendency to break non-authentic coins or medals in half and sell them for their silver content.   If Spinks does not want this medal back, I will destroy it.

Mark Bonke

Hi Mark, just a moment ago, I got a response to an email I sent a fellow Chinese medal enthusiast regarding your situation.

He stated that he knows of several examples where a Chinese medal came back "questionable authenticity" then after re-submission they got a number grade. The re-submission, in each instance was accompanied with different approaches based on the different situation.

The point being....DO NOT destroy or sell those medals....there may be hope for an actual grade with a re-submission but you really should seek out the advice of someone like Clark Smith of www.sfpandas.com.

Good luck.
39
Modern Chinese Medals / Re: Great Wall 1984 3.3 oz. Silver Medal - Two Versions
« Last post by mmissinglink on October 09, 2018, 06:28:04 PM »
Would like to have it for reference purposes. I’ve been searching for this one for some time. Considering the fact that you own 2 and still got duped really makes me re consider buying non ngc/pcgs. Unless it’s crazy cheap of course.

I think having a reference piece (that is suspected by NGC to be of questionable authenticity) is actually a good suggestion.


This latest account by Mark, in my view, adds even more interest to the Great Wall medal story; like is NGC wrong? Are there people making fakes of these highly sought after medals? My guess is likely yes.....there probably are people making fakes since genuine pieces fetch very significant premiums on the market when they sell.

I've even heard from a reputable source that there are fakes circulating of the bronze/copper versions....so I wouldn't be the least bit surprised that there are fakes being made of the far more rare silver versions.
40
Modern Chinese Medals / Re: Great Wall 1984 3.3 oz. Silver Medal - Two Versions
« Last post by mmissinglink on October 09, 2018, 06:25:22 PM »
Hi Mark, here's how I see it...Spink is definitely within their legal purview to refuse to refund you even a penny because of their stated auction guidelines (and the fact that you are way outside the time frames they have in writing). They could and likely would argue that because you bid that this necessarily means you agreed (implicitly or not) to their terms.

I'm not at all saying that you shouldn't communicate with them to let them know what happened, it's just that, as you already suspect, they will likely not refund you.

Also, I don't know if Spink or any auction house accepts PCGS/ANACS/NGC's judgement as the definitive word on whether or not a coin/medal is in fact genuine. I don't even think these TPG's can guarantee that their evaluation is definitive proof....although I'd suspect that NGC's graders are highly qualified in determining the authenticity of that type of medal since they have graded several and they generally are very thorough in their evaluations.

A final thought......I know that some people don't like buying on eBay.....but if nothing else, what eBay has going for it that is unmatched by any auction house is it's Buyer protection. I've had more than one time where I purchased coins on eBay and after sending them in for grading, received a couple back about 2 months later that were genuine but were not in a condition that was described in the auction. And yet, I was able to get a refund for the full sale price and shipping costs. I was not able to recover grading costs but at least I got a full refund on purchase price.....long after the transactions ended.

Mark, you have taken this all in stride and I do appreciate very much that you've shared this experience with this community....it is a good lesson to be learned for all of us.
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