Pcs Grading Company?

Reading everything the problem I see is:
Old PCS grading was not good according to owner of old PCS
so how to tell any old PCS from new PCS which may or may not be good.

ICG and CAC spent tons of money on marketing which helped them get established.
Also someone who questioned grading being done by the seller is a conflict of interest should remember who founded and still runs PCGS
David Hall coin dealer. Who is still a coin dealer.

I bought a PCS 1921 Peace dollar. Seller allows returns for any reason.
I'll let you know what I think after I get the coin.

Technically it's called David Hall rare coins. and now Collectors Marketplace.

The reason as I mentioned ICG started up to put coin grading into the hands of competent graders with no improprieties of who is submitting them. Good idea, taking the sales aspect away from the grading but in the end they lost.

Some of the lower tier graders and self slabbers may indeed have good intentions, and even grade as fairly as the big three. But in the end can the slab billions of dollars of coins and still be able to buy them back?

Don't get me started on authentication - that is one area very few lower tier graders do well on.

It's someone in their office printing out labels, giving their opinion on a grade, and placing the coin in a Coin World holder with what looks like a bar code number.
That's all this is. Not a reputable TPG.

I don't buy or collect modern coins or proofs or bullion related.
With classic coins it is definitely buy the coin not the holder.

Of course David Hall claims that his company never submits coins to PCGS and that all of their PCGS stock coins are purchased from others.

I'm doing economy so it will be 6 weeks before we know. I could do ANACS for faster but PCGS grades silver dollars easier. Also putting in some from another TPG where for a change they seem to be undergrading.

This is my personal experience with buying PCS slabbed coins: There are 2 regular outlets for
them on ebay: Hubby's Coins and Jake's coins situated near each other in Indiana. I believe they're the mother and son of the father source who's located in a Western state as his PayPal
Email related payee address is Mustang 1. Hubby's aka Midwest coins notes they deal in Morgan
and Peace dollars...That they got in on the 1962-64 Mint bag sales to dealers. Caveat Emptor
if you're lured in to buy PCS slabbed coins. Why ? Because the lure is PCS. Which can confuse
people to believe they grade according to PCGS grading standards. PCGS will stand behind their
grading standards as they are a Numismatic Guarantee Company competing with NGC. When you send
a Morgan or Peace dollar in to PCGS to grade it, as long as they can assign a number grade, you pay a 1% premium similar to buying insurance. PCGS can't control what the Morgan dollar market values will be for their coins, but PCGS tracks their sales prices, and adjust them so you know
the maximum apprx. resale value for their slabbed coins. Ie: they put your money where their
policy is. PCS won't so any of that. Nor will PCS adhere to PCGS published grading standards.

Being honest & fair, a very small %age of PCS slabbed coins are worth buying as investments. But
don't count on their estimated grades or photo adverts to go on. I bought (1) 1896 O Morgan and
(1) 1897 O Morgan from Hubby's Coins misrepresented as MS 64. The trick photography made it seem
like they were blazing with luster-but only because they shone strong light directly at them to
blind consumers. When I got them and examined them both coins were dull VF-XF circulated coins
that could have sold for Hubby's minimum bid price BUT ONLY IF PCGS HAD ENCAPSULATED THEM. The
coins themselves were not counterfeits from China, but the grading is definitely counterfeit as
PCS slabbed coins uses subtlety to all but infringe on PCGS' copyright to con buyers to think
they're PCGS grading standards. But they're not. (I bought yet another PCS 1896 O misrepresented as MS 64 (realy A.U.) from another ebay vendor) After I returned Hubby's 2 coins and gave them
a neutral rating ( only as they refunded my money ) they retaliated by Discriminating against me by blocking me from bidding on any future auctions. Despite their guarantee to refund w/in 14 days, she Emailed me she'd not sell me any coins if I returned them from the start. I bought an 1880 O Morgan misrepresented as an MS65 from Hubby's Coins. Upon examining it under a 30 X jewler's loupe it was realy an MS63+. Again, if a PCGS slabbed coin it would price at $525 with a grade of MS63+, while a genuine MS65 would fetch $ 27,500-$28,000. If you Google search for PCGS Commentary on the 1880 O you'll see their est population for an MS 65 is extremely low. Yet Hubby's sells (supposedly) MS65 1880 O Morgans on a semi regular basis as they do the 1921 Peace dollar in that same misrepresented MS65 grade. There are other clues in that PCS distributor's
webpage which give away the suspect nature of their dealings: Calling ALL their PCS coins SUPER
investments by purporting to auction them at 1% to 10% of the genuine PCGS slabbed coin market
value. Then hyping those false claims with the emotional sensationalism of tripple exclamation
points, red, white and blue ink, Bold capitalized letters...All serve to induce the unwary to
believe they've happened upon Captain Kidd's buried treasure chest full of Gold doubloons with
the designation PCS. As if.

Like ANGS, SEGS, 50 other basement counterfeit slabbers, PCS is not regarded as reputable. The
wary, well read, experienced buyer realizes the reason why PCS deals exclusively with Morgan/Peace
dollars is 1. They represent 1/2 the U.S. coin market. 2. The Mints produced nearly 1/2 BILLION
of these coins. 3. Historicly, they're the preferred coin of Western gamblers from 1878-1964.
So, yeah , it IS possible for them to release a 1928 Peace dollar in MS 66 for chump change or
a 1921 Peace dollar with full eagle feathers every great once in a while. Even a broken clock
has to read the right time statisticly twice a day, no ?

Looked at a coin I also bought before and its graded by NCG... not NGC. Any idea what to do with theses coins. Should I get them regarded and find out what they're really worth? Or is it not worth the money?