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 Replies: 220 / Views: 41,367 |
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Valued Member
Australia
444 Posts |
Edited by PNC king
07/09/2014 08:23 am
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New Member
13 Posts |
In twenty years (no crystal ball but)
May be apcgs will be a reputable grading company and your return on you coins will be better because you didn't pay throught the nose sending them over seas
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Valued Member
Australia
243 Posts |
I might be a dinosaur, but I'm not just going to accept something because it is new and the way of the future. I don't really see much benefit with TPGs beyond their use for online transactions. Even then, I wouldn't really buy online because having been a collector for 10 years, I know that there is no substitute for inspecting a coin in real life. If I buy, I do it in real life and from a reputable dealer who I am confident is selling the real deal. In terms of grade, I'm happy to decide for myself.
Don't take my posts as a TPG/APCGS bashing, I'm just not a fan of TPGs.
Edited by enoilgam
07/09/2014 08:45 am
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New Member
 Australia
26 Posts |
enoilgam I hope it doesn't go that way as well, but a reliable grade can help in purchasing coins online.
I think the problem with the American market is people buying coins only as an investment much the same as the Australian housing market.
You will always expose yourself to some degree of risk if you rely only on the opinion of others on any purchase you make.
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Pillar of the Community
Australia
908 Posts |
Unfortunately APCGS coins don't attract the premium that some of the other TPG's are getting.I think it will take a while before they are accepted across the board |
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Valued Member
Australia
315 Posts |
I agree Stevo, maybe if there still around after 25+yrs in the market like the other 2 have been, obviously the premiums will come in that time. I have seen two other TPG that have started up in Australia in the past that have failed but without a doubt, this company is much more bigger than the two combined ever were and do look like THEIR (that's for walter since I am a bad speller)here to stay. |
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Pillar of the Community
Australia
541 Posts |
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do look like THEIR (that's for walter since I am a bad speller)here to stay. They're* |
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Valued Member
Australia
444 Posts |
the only reason why the other TPG companies failed was because the owners realised that PCGS was the future and the original TPG company in aust , was the first dealer to bring PCGS TO australia and get coins sent over and slabbed and his TPG COINS CROSSED OVER at the same grade or higher to PCGS , in fact that is the ultimate test for other TPG COMPANIES , send a few samples to PCGS and see what grade they cross over to , if they come back the same grade or better they pass .I SENT ALL my so called RAW UNC coins over 6/7 years ago and very few came back in MS grades , meaning I had been getting ripped off by shonky raw coin dealers for years , another test for any one who has faith In raw coin dealers ,just send your coins to PCGS for a reality check , any comments walter you also had a TPG grading COMPANY and went to pcgs for the right reasons Edited by PNC king
07/12/2014 02:28 am
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Pillar of the Community
Australia
908 Posts |
Quote:
Quote:
do look like THEIR (that's for walter since I am a bad speller)here to stay.
They're* Obviously one of your pet hates Walter |
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Pillar of the Community
Australia
908 Posts |
Quote:I SENT ALL my so called RAW UNC coins over 6/7 years ago and very few came back in MS grades , meaning I had been getting ripped off by shonky raw coin dealers for years , another test for any one who has faith In raw coin dealers ,just send your coins to PCGS for a reality check , any comments walter you also had a TPG grading COMPANY and went to PCGS for the right reasons The obvious solution here is to learn how to grade yourself as it will save you a lot of money |
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Pillar of the Community
Australia
541 Posts |
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Obviously one of your pet hates Walter along with mixing up "your" when you mean "you're", "rare" when you mean "common" and "PCGS" when you mean "APCGS". :P |
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Valued Member
Australia
444 Posts |
The obvious solution here is to learn how to grade yourself as it will save you a lot of money , I knew what I was doing , I sent the coins over to prove a point and expose shonky dealers , some of which are no longer trading
Edited by PNC king
07/12/2014 05:23 am
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Valued Member
Australia
243 Posts |
Is there really much of a premium for PCGS/NGC slabbed Australian coins though? I live in Sydney and most of the major dealers I've seen don't really sell them at a premium - they certainly don't buy them at one.
I know one dealer who has started slabbing his coins, but he pretty much told me that it was to improve the online/international part of his business (since people on these markets are more reluctant to buy raw coins).
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Pillar of the Community
Australia
908 Posts |
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Is there really much of a premium for PCGS/NGC slabbed Australian coins though? I live in Sydney and most of the major dealers I've seen don't really sell them at a premium - they certainly don't buy them at one.
When you consider that with higher end coins a difference of 1 grade can mean thousands of dollars you would want to be sure of what you have or what you are buying ,especially if you're not confident in your own grading skills |
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Valued Member
Australia
243 Posts |
That's more on the issue of TPGing itself though. My point is that slabbed Australian coins usually don't command much of a premium over raw coins. If you look through at a Noble Auctions catalogue (where many key Australian coins are sold), they attach their own grade to slab coins and but the TPG grade in fine print (the Nobel grade is usually more conservative). Usually the prices reflect what Noble has graded it over the TPG grade. |
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Posted 07/09/2014 08:32 am
