Author Topic: $20,000+ China coin in ECC slab  (Read 1254 times)

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Offline Birdman

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$20,000+ China coin in ECC slab
« on: April 20, 2013, 08:01:11 AM »
I've seen a few "ECC" slabs listed by respectable dealers

http://www.ebay.com/sch/m.html?_odkw=&item=251263479732&pt=US_World_Coins&_osacat=0&hash=item3a80786fb4&_ssn=hangzhouhuayinshoucangpin&_trksid=p2046732.m570.l1313.TR11.TRC2&_nkw=ecc&_sacat=0&_from=R40

I don't recall any mention of this company in the past on this site.  It seems to be a grading company in Poland...
http://www.eccgrading.pl/

With a mixed reputation...
http://www.coincommunity.com/forum/topic.asp?TOPIC_ID=33001

It would seem that if someone were selling a $20,000+ coin, you might get it out of such a slab and have it graded by NGC or PCGS?  Or perhaps since this dealer's reputation is so strong, it isn't necessary.  I must admit, however, that even with the reputation of the dealer, I would hesitate to make such an expensive purchase in a ECC slab.  If a second-rate grading company says it is PR68, then what is the true condition?

Offline sasushi

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Re: $20,000+ China coin in ECC slab
« Reply #1 on: April 20, 2013, 10:31:58 AM »
I think he should offer the coin much cheaper (with an ECC discount) since there are only two approved grading companys.
Even Clark offers his Bronze Age Gold cheaper and this one is NGC slabbed.

Just my two cents.