PCGS & NGC Will Accept Stolen Coins and Grade them, No Problem & Not tell anyone

in pcgs •  7 years ago 

Why will PCGS & NGC not help if you have a rare coin Stolen and will grade it and not allow information to be sent to them to find stolen coins, so what I am saying is if you steal a coin send it to them and SSSSHHHH we will not tell anyone.

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Proof that these companies are only out to make a profit from us. Theft is theft what ever way you look at it. Hope this sorts itself out for you soon

I'm not at all surprised. Shady. Like they aren't making enough now fleecing collectors

First?
Resteemed your last three vids.

Is it helpful to go after the grading people over this?

Even Chards admit in their videos that they've been caught out once in a blue moon, and they keep a whole tray of fakes to help with training new appraisers.

When graders say 'data protection' what they really mean is they don't like getting involved between conflicted parties unless they have to (the police make a specific request). Even the police often won't tell you how their investigation into an alleged crime against you is going, unless there are special circumstances.

Neither the police nor these grading agencies want to give a member of the public any dirt on someone else which could then lead to vigilante action, etc.

I am surprised, however, that they won't accept a one-way statement from you cautioning against a theft. Do you have a police reference number in relation to this coin yet? That could really help when contacting them.

I won't be raising a mob and hanging the guy to the nearest tree, but hmmmmmmmmmmmmm

i think they 'the graders' should have 'some' responsibility in this for sure, as by grading stolen coins they are relabeling them as legitimate helping to disquise them, if you know what i mean

If you send genuine coins in, they will label them as genuine coins.
If you send your own coins in, they don't label them as 'not stolen'
They probably make the same distinction. They grade the coin, not its rightful ownership. Sadly.

Well done!

bastards, i thought that they would be more helpful than that! they really should be at least slightly interested, its very unprofessional of them to refuse you like that for such a big company. i will contact them aswell to let them know that handling stolen property is a criminal offence and they should be trying to cover their backs in case this goes to court!

see what they say, they won't say f--- off but they might as well

Is this your own video? This is really good. Im from the UK as well

  ·  7 years ago (edited)

just resteemed your top 50 dealers at least you did not have London Coin Company and that other twat who scammed me, good list

Thanks man. I can only post a list that has been confirmed as decent dealers :)

were you from fellow Brit

Northern Ireland, i make silver stacking and silver related posts on here. Only started a few weeks but loving it so far, everyone is so friendly :)

He has a great page, vouch

I have just followed him now, seems to be good content :)

You're doing a lot of detective work over this, mate. It seems a shame that your taxes aren't being put to work in having the authorities looking into it all for you at this point. You have a few pieces of evidence already.

If you decide not to involve the cops, you could always consider going private. Those guys have access to various databases and have friends in all kinds of records offices that could unearth whatever you need to resolve this or at least expose any illegal activity the London Coin Company / Numismatic Worldwide might be engaged in.

Not cheap, but the satisfaction could be priceless. And if it does unearth something criminal you have every chance of recovering your funds or the coin.

I think this runs deep, they must have cover accounts on eBay

hes doing a good job i think its just a matter of time

Just got here from YouTube and missed my shot at first! Great video, that's crazy that they won't take that little bit of extra time to double check the coins against any records they may have! I'll be resteeming your videos for sure!

Its unbelievable that such big companies don't check a register. Or keep there own list. Jewelers and pawn brokers get a list of stolen items to look out for each week .

They probably avoid the handling stolen goods constraints that pawn shops abide by since they don't sell any coins, just a service.

What do you expect them to do? Without a police report you can hardly prove that it was your coin and it's not for the grading company to verify the ownership of the coin. Unless you are prepared to pay a cross check fee...?

NGC and PCGS grade the coin. They don't know and don't care who is the owner or who was the owner. They can't risk a lawsuit if they discriminate the sender. Unfortunately...SOV.

Shame on them they have the responsibility to sustain the integrity of the numismatic world as well!

Sov.

It is impossible to detect the difference in coins for detectives, unless you etch your name into it. But that would ruin the coin. Serial numbers are one important aspect of PCGS grading. With it ... detectives can be more certain.