I've began submitting idea letters to TPGs that look like this:
Dear ANACS,
I wanted to take a moment to write about an idea that I've had, which I believe would be very profitable and also receive a great response from collectors nationwide.
Many coin collectors as I'm sure you know, collect a run of years of the same denomination. For me I am most proud of my
Lincoln Cent collection from 1909 to date.
Many collectors argue, that third party grading and/or grading in general is personal and an art rather than a science. While there may be some truth to that, I, and I'm certain countless others couldn't disagree more.
For me personally there is nothing like owning a coin that is definitively graded, and slabbed. I like it for several reasons, primarily because I still can and do appreciate elements of uniqueness and beauty across all grades and because having been graded and recorded that coin can then be tracked and compared to others in graded population.
Here's the problem--many collections such as my
Lincoln Cent Collection contain over 200 pieces. If I were to send every coin for grading, the cost to do so would outweigh the value of the set.
Second, having the coins slabbed would limit a viewer to show and appreciate the date range side by side.
Let's face it, while dansco and whitman albums are nice, in 2012 they seem a bit dated and detract beauty from many MS+ pieces.
The solution, I believe, could be for ANACS to offer a new service.
This service should include monthly/yearly or bulk rates.
For example:
- A customer chooses a certain denomination, 1c. 5c. 10c. Etc,
- Depending on the tier/rate plan selected they can begin by sending either a startup bulk amount of coins, or slowly submit depending on their monthly/yearly plan price.
- Coins are graded and slabbed in smaller circular holders, which are designed to be inserted into an album yet still sonically sealed and can individually be removed for sale or trade.
- depending on rarity and population of certain key dates, minimum grade standards should apply, otherwise charged an additional upgrade fee per coin, to limit population on common coins.
I've spoken about this idea to several fellow collectors the response has been positive.
I'd love to know your opinions on the idea, and I'd love to provide additional ideas and feedback if you should find the idea interesting and/or appropriate!
Thanks for your time,
Joe