15 Canadian Coin Dealers Listed Below>choose Your Favourite! - Page 5

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Ugly Pillar of the Community Canada 1733 Posts	Posted 05/21/2011 12:13 pm You can't doubt Zonad's credentials. I don't think this is what it's about on balance. Reposting another comment from somewhere else doesn't actually sway me one way or the other. As I said a heads up from this many people is enough to make one tread lightly. If 10 people tell you the bridge is out, you are very likely to reduce speed on the bends in the road. Still, I am amazed that something this large wasn't investigated and a paper trail left. I actually find it disturbing that if no charges were laid, no investigation held - I can't help but wonder why. This seems like blatant fraud on the surface, could nothing be proven? No offense to anyone (if it's taken offensively I apologize in advance) but I find high profile collectors are excellent at communicating among themselves and with other dealers but that's where it seems to end despite the presence of coin centric media and (now) well established internet forums. On one hand we have guys running around making changes that positively impact all collectors and the other we have a core wall where nothing gets in and nothing gets out and any attempt to do so is met with disbelief and resistance. I'm still gobsmacked yet very glad to have this discussion here and now in this medium for review. It makes me think a PCGS like play could be made for the Canadian market whereby coins are backed by financial guarantee as well as a simple opinion of grade. Getting skin in the game is what it's all about these days no matter what we're discussing. Report this Post to the Staff
Zonad Pillar of the Community Canada 1472 Posts	Posted 05/21/2011 12:58 pm The problem is the truth is always hiding. I have not said it was C&P. It was an individual. CAND is only there to protect the dealers, and silence is protection. ICCS has not done anything to change the security of their holders, and do not say their holders are safe. The only person who has any guarantee is the person who has the coin certified, down the line you have nothing and that's what you get for 6 or 7 bucks. A good picture or coin in hand with knowledge can be worth 10-100 times more than a ICCS certificate. Look at the dealers who have tons of coins in ICCS holders and you know immediately why silence and forgiveness is way up in their agenda. The collector is at the bottom of the pole. I have lots of ICCS coins, and have sent lots to them. Got what I paid for, no more. Report this Post to the Staff
Matrix1980 Valued Member Canada 212 Posts	Posted 05/21/2011 1:06 pm Zonad: I agree I also prefer hard slabs but ICCS seems to not want to go that direction. I like CCCS but they rare not well known in the U.S. I have had offers on some of my coins form U.S dealers and they only want ICCS if it is from Canada or PCGS. Report this Post to the Staff
dialog_gvf Pillar of the Community Canada 1581 Posts	Posted 05/21/2011 3:53 pm The extra cost of hard slab is significant, is it not? For CCCS the cost is $10 more each in small quantities, and over 2x the cost of the soft-flip in quantity. CCCS calls their soft-flip a "secure holder". I know their is a pro-CCCS bias on here, but shouldn't that be criticized? It is not like Apple and viruses? They are no more secure than PCs, but they are simply not the target for viruses. Ugly: It is my experience that when vested business interests are involved, they are will tend to demand secrecy over openness. Dealers and newsletters have little to gain by raising knowledge of the problems because it will tend to generate fear and doubt, initially. But, clearly getting all this in the open is a positive for the collector, whom if didn't exist, neither would the business. Report this Post to the Staff
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