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Valued Member
 United States
402 Posts |
After looking at your comments I also think it was made for one of the Home Shopping Networks by NCG as I recall seeing something similar as I was watching one show and wondering how people could pay those prices.
edgman
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Bedrock of the Community
United States
12437 Posts |
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Pillar of the Community
Canada
3167 Posts |
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Bedrock of the Community
13014 Posts |
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the ranking is based on this book- Interesting didnt know that thanks. I dunno what that books logic was but #2 2000 sacagewa really? I think youd be hard pressed to find a significant amount of people to agree with it http://coins.www.collectors-society...&Ranking=all |
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Bedrock of the Community
United States
17884 Posts |
Is the #2 2000 Sac dollar the prototype reverse design? Or the Sacagawea mule?
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Pillar of the Community
Canada
3167 Posts |
Good question, cause how could that coin rank #2. In my opinion there are many other better designs.
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Pillar of the Community
United States
7840 Posts |
#2 - 2000 SACAGAWEA DOLLAR/WASHINGTON QUARTER MULE. Not your ordinary Sacagawea...and pretty darn hard to acquire too!
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Pillar of the Community
Canada
3167 Posts |
Phheww... thanks for comfirming. I was nervous for a bit there :)
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Bedrock of the Community
United States
14454 Posts |
I think anytime you see this type of thing from a TPG it is just a marketing gimmick to be able to rake in more money. The problem is that it must be working or they wouldn't keep trying to find different ways to make one coin unique over another of the same date/type and value |
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Pillar of the Community
United States
1554 Posts |
Just goes to show that TPG's will do anything to make a buck. My opinion is they ruined the hobby years ago. I've never had a coin slabbed, but, I've bought slabs and then cracked them open. |
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Valued Member
United States
337 Posts |
TPGs are for-profit companies. They have expenses which are heavily human-capital. Employee raises, bonuses, medical insurance, and other compensation items have to be paid. They could always choose to accept high turnover but then, would the collectors reject their ability to grade consistently?
Now, I am very new to the hobby so perhaps my pristine view is wrong. From the business side though, I understand why TPGs need to find ways to differentiate their work.
I guess I'm really wondering why there are not more TPGs to drive healthy competition and lower prices?
Edited by FinanceGuru
10/08/2012 11:40 am
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Moderator
 United States
23522 Posts |
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I guess I'm really wondering why there are not more TPGs to drive healthy competition and lower prices? There isn't enough work any more. After two decades of grading everything in sight, Classics grading is no longer the cash cow it used to be. Most of what deserves a slab, has one and the rest tends to be passing between hands who don't mind turning turning raw coins. So, the only real growth opportunity is Modern coins. The trouble with Moderns is, they're all pretty darn good. MS/PR70 is no longer difficult, and even with Business Strikes little additional value is offered below MS66. So they have to do what it takes to generate excitement. I won't be surprised if there's a merger within the next decade. My hope is that it's between PCGS and NGC - counterintuitively, I think that would ensure ANACS' future (as the only remaining TPG) and the overall future of grading better than one of the bigs absorbing ANACS. I just don't think there's enough business for both PCGS and NGC to survive into the forseeable future. Look for aggressive expansion into World markets, as well, but that's going to take deep pockets in order to make the TPG concept popular internationally in the first place. If PCGS and NGC do that independently, it could be Pyrrhic. |
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Pillar of the Community
United States
2543 Posts |
The second part of the OP was not discussed and I am curious. Will NGC change labels for you ? And at what cost ? I know , I know, labels are lame , but I collect modern silver and don't really care about FS, ER, FDI , but some sets I have put together would display so much better if the labels were all consistent. An example would be my collection of MS 69 Canadian Wildlife series, some are brown label and some are the special Canada labels. If I resubmitted them to NGC would they switch the labels to one or the other for a nominal fee. Or switch my SF set to the retro black labels ?
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Bedrock of the Community
13014 Posts |
Denco if theyre anything like PCGS they should be willing to change labels from the special labels to the standard ones, but they wont switch the standard ones to the special labels. The special labels are usually only given to bulk submissions
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Bedrock of the Community
United States
14454 Posts |
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The second part of the OP was not discussed and I am curious. Will NGC change labels for you ? There would be no need to change the label unless the submitter just didn't like the label thats on it. The number will always be the number the coin is considered in the 1st edition book so it will always be accurate. You can get any coin in a NGC slab reholdered if you want for I think $6.00 per coin and if you wanted the label to change I am guessing it would cost the same as they would have to change the holder as well to change the label |
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Posted 09/30/2012 8:34 pm
