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Replies: 95 / Views: 20,106 |
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Valued Member
Australia
102 Posts |
I don't know how you work out listings on ebay PNC. Just for fun I did a search on August and there was 104. Just a search on current listings state 52
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Valued Member
Australia
444 Posts |
THANKS FOR POINTING OUT THE MASSIVE DECLINE IN apcgs listings , cant see them lasting out the new year at this rate
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Valued Member
 Australia
56 Posts |
Hahaha PNC love your work keeping this bumped. APCGS caters to newbies who like the feel of a slab, this is an issue as people have lost the fact a coin is the value not the slab. There are a couple of PCGS submitters that appear to have flooded the market with crap to cater to this market aswell which is not good for anyone either.
On a serious note though anyone reading this think about it, the serious dealers and collectors avoid APCGS, this is because they have seen the rubbish coming out of his secretive shed and blatant lack of knowledge on coins. If he was known and a great grader things would be different. Just a pre-emtive comment too.. APCGS its not because they are invested you are just rubbish :)
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Valued Member
Australia
444 Posts |
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Valued Member
Australia
56 Posts |
I Dont understand why people have such hatred when it comes to debate on third grading companies ? they all have people who grade these coins.... and people have different opinions/ideas of certain coins so its pretty obvious somewhere, someone will grade differently to another.
At the end of the day.. its how much you are willing to pay and what grade you think the coin is at ? I know they say a graded coins allows people with no knowledge on numismatics to be on the same playing field but I feel like the value is in the eyes of the beholder. :) ...
so basically if you want to pay $5000 for a F graded wavy base so be it... if you dont want to pay $5000 for a MS70 wavy base 20 cent coin.. SO BE IT, cause someone else will.
LOVE WINS !
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Pillar of the Community
Australia
908 Posts |
Quote: I Dont understand why people have such hatred when it comes to debate on third grading companies ? they all have people who grade these coins.... and people have different opinions/ideas of certain coins so its pretty obvious somewhere, someone will grade differently to another. At the end of the day.. its how much you are willing to pay and what grade you think the coin is at ? I know they say a graded coins allows people with no knowledge on numismatics to be on the same playing field but I feel like the value is in the eyes of the beholder. :) ...
so basically if you want to pay $5000 for a F graded wavy base so be it... if you dont want to pay $5000 for a MS70 wavy base 20 cent coin.. SO BE IT, cause someone else will.
LOVE WINS !
Sorry thechacha but you just don't get it and you are obviously new to coin collecting.Apcgs has been discussed at length on all Australian coin forums over the last few years and the owner has a vested interest in the coin market as he grades coins as a third party grader and also sells coins so is not impartial when he should be.He also uses a false name to trade coins on various sites which is deceptive.Serious coin collectors avoid APCGS like the plague because he also grades fakes as genuine so if you like having the wool pulled over your eyes it's your choice as you pointed out
Edited by stevo1962 10/02/2015 01:23 am
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Valued Member
Australia
56 Posts |
Oh well if that really is the case and the person who owns the place does practice "deceptive" methods then by all means this should be frowned upon 100%
But I am just saying that when it comes to new players entering the market this should be encouraged.
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Valued Member
Australia
444 Posts |
time for my moNthly ebay listings update comparing THAT BACKYARD copycat OPERATION apcgs AND THE BIG BOYS PCGS (apcgs 53 listings ) and PCGS 2859 listings 53 listings is the lowest they have had for a while , their decline is imminent
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Pillar of the Community
Australia
908 Posts |
There was a bit of an upheaval on a Facebook page a few nights ago when the owner of APCGS was booted off a coin selling page for bidding under an alias.There were a lot of unhappy people when someone spilled the beans.It will be interesting to see how things progress
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Valued Member
Australia
56 Posts |
Yea the owner should definitely refrain from such activities, its just weird that PCGS and APCGS both originated and constructed by coin dealers but apcgs gets alot of criticism for that ? i am sure when pcgs started they had similar problems or criticsm that apcgs gets today.
Am I the only one that gets confused about this whole debate?
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Valued Member
Australia
444 Posts |
Pcgs started in 1986 to address the problems in numismatics apcgs started as a copycat in name by trying to decieve aussies that they are the aussie version of pcgs , which they are not . APCGS would do better if they change the name to something else , like acme coin grading , xyz coin grading , but they are trying to fool people with a similar name to PCGS and lastly PCGS is listed on the stock exchange and as such is answerable to share holders and the american company rules and regulations, and you can even use PCGS graded coins as collateral for shares or property , where apcgs you can not use their coins for collateral for a mars bar
Edited by PNC king 10/04/2015 12:25 am
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Valued Member
Australia
56 Posts |
are you telling me APCGS intentionally used that name to deceive people ? or is that an assumption ? I'm sorry I have alot of questions as I cant really find any answers on google.
Did PCGS get listed in the year it was created ? I think most firms start out unlisted for a couple of years and then get listed to create more capital. Again I am unsure about PCGS and APCGS history. only trying to get facts rather than "hear say".
cheers team for any help :)
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Valued Member
Australia
222 Posts |
thechacha, I'm not sure why A-PCGS used such a similar name to PCGS. However, they'd gain a lot of credibility if they started fresh with their own business name.
Chris Buesnell started ACGS almost 20 years ago. He got a small group of his customers on board, was collaborative with dealers, brought in an international consultant to assist in grading, and invested in quality inert holders to preserve the coins he graded. Even with all this investment, collectors eventually realised that PCGS was the way forward. Chris Buesnell gave up ACGS and signed up to PCGS as one of the first authorised dealers in Australia, and how he gets his coins graded with PCGS - as do I, and as do thousands of dealers and collectors around the world.
ACGS might not have succeeded, but perhaps A-PCGS will be different. Changing their ambiguous business name will go a long way to gaining the trust of the collector fraternity. But right now, a lot of collectors here look at it with scepticism.
Eric
Edited by Eric 10/04/2015 07:05 am
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Valued Member
Australia
56 Posts |
Thank you for the informative facts eric :). It makes it easier to understand what really is happening without any "dramatic" arguments.
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Valued Member
Australia
444 Posts |
i will teach you how to grade in the sheldon scale thechacha , as the first collector of PCGS in australia and owner of the very first sets on the set registry I feel I can help you understand PCGS COIN GRADING ,it is simple and take note mr APCGS I will teach you too as I know you are reading this thread here is step 1 buy a copy of 'COIN GRADING and Counterfeit Detection ' edited by scott travers and text by john.w.dannreuther , read it from cover to cover twice in case you miss anything the first time around , step 2 buy yourself 8 pcgs queen elizabeth 2 shillings in grades AU 58 MS 61,MS 62 ,MS 63,MS 64, MS 65,MS 66 AND MS 67 ,before you have a chance to look at them get someone to put a piece of duct tape over the label so you can not see the grade , I used shillings as they are not to big or small , step 3 get your self a nice 10 times magnification glass , step 4 place the 8 pcgs coins with the labels covered up in front of you look at them closely using the BOOK ABOUT COIN GRADING YOU HAVE as reference you then place the coins in front of you starting with the one you thinks is AU 58 and lowest grade all the way up to the one you think is MS 67 and do not peel the tape of the labels just yet step 5 just repeat step 4 again as you might have a change of mind second time around step 6 you them remove the tape of the labels and see how close you were , if you get 100 % right you have learnt how to grade MS coins successfully , if you did not get 100% repeat step 4 and step 5 again until you achieve a 100 % success rate , and you are now on your way to understanding the way PCGS grades , I hope this helps you and MR APCGS .
Edited by PNC king 10/16/2015 08:04 am
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Replies: 95 / Views: 20,106 |