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Is This A False Grading Company With False Grading?

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jakedacc's Avatar
Canada
1177 Posts
 Posted 07/09/2012  8:45 pm Show Profile   Bookmark this topic Add jakedacc to your friends list Get a Link to this Message Number of Subscribers
recently purchased a 1960 Ms-64 penny (for free) and I've never heard of the company, I will post the coin in another forum post later? have you heard of this?

Is-This-A-False-Grading-Company-With-False-Grading?

Is-This-A-False-Grading-Company-With-False-Grading?
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swrbxxx's Avatar
Canada
834 Posts
 Posted 07/09/2012  8:50 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
how can you purchase a item for free?
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jakedacc's Avatar
Canada
1177 Posts
 Posted 07/09/2012  9:03 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
i was purchasing something else and got this for free :D
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larsdog's Avatar
United States
593 Posts
 Posted 07/09/2012  11:52 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
I think PPGS is Powder Puff Girls :)
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Windchild's Avatar
Canada
1411 Posts
 Posted 07/10/2012  12:01 am  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
Must not say I agree.....
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rjkingston's Avatar
United States
642 Posts
 Posted 07/10/2012  12:42 am  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
Never heard of it, but lots of small private graders around.
Pillar of the Community
Canada
632 Posts
 Posted 07/10/2012  07:35 am  Show Profile   Bookmark this reply Add t_y to your friends list Get a Link to this Reply
Grading coins is unregulated in Canada. As such, there are no "false" services - it is a legit business.

The question should be if they are knowledgeable, consistent and reputable.
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 07/10/2012  08:02 am  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
Anyone can print off make-believe grading cards with their computers. I've seen these sorts of things at flea markets where they charge higher prices for common coins by creating the impression the coins are worth more than face value because they appear to be graded.
Edited by ikandiggit
07/11/2012 06:44 am
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Libertad's Avatar
Canada
3692 Posts
 Posted 07/10/2012  7:07 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I've never encountered this company before, but at least they cover their butts by stating it's an opinion.
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folcan99's Avatar
Canada
235 Posts
 Posted 07/11/2012  09:35 am  Show Profile   Bookmark this reply Add folcan99 to your friends list Get a Link to this Reply
This is definitely a really small grading company or someones own personal grading that they call them selfs PPGS. I would say that its a one persons opinion on the grading of this company so I would stay away from them. I actually tryed googling them and they dont exist so you draw your own conclusions.
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 07/11/2012  11:42 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
I would say that its a one persons opinion on the grading of this company so I would stay away from them.


If you followed that statement to its logical conclusion, you would never buy another coin again. Collectors and dealers alike, when buying or trading raw coins, offer their opinion of grade. All that a certified coin offers is an opinion - it is just by someone who has seen a lot of coins.
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My eBay store
Pillar of the Community
Canada
686 Posts
 Posted 07/11/2012  1:42 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Look at the reference number as well A-031. This clearly isn't a big time operation, it's the 31st coin that this guy put in one of those holders (and that's assuming he didn't skip any numbers between A-001 and yours).
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middross's Avatar
Canada
695 Posts
 Posted 07/11/2012  2:13 pm  Show Profile   Bookmark this reply Add middross to your friends list Get a Link to this Reply

Quote:
If you followed that statement to its logical conclusion, you would never buy another coin again. Collectors and dealers alike, when buying or trading raw coins, offer their opinion of grade. All that a certified coin offers is an opinion - it is just by someone who has seen a lot of coins.


Well said SPP.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 07/11/2012  4:28 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
"buy the coin, not the holder" kind of makes the holder irrelevant doesn't it? If you think it's MS60 and it's a good price for MS60 (free is a good price for MS60!) then whether it's in a holder labelled MS64 or a scrap bin labelled AG3 doesn't really matter. Whether the opinion is from Ben Bernanke or Bart Simpson is also irrelevant. Unless you can't recognize the difference between a VF20 and an MS60 of course in which case you're best sticking with the recognized TPGs. :-)
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Parklane64's Avatar
United States
2668 Posts
 Posted 07/11/2012  5:09 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I would give more heed to what Bart says.
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jakedacc's Avatar
Canada
1177 Posts
 Posted 07/11/2012  5:43 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
haha you guys crack me up! nothing like coming home from work to see my fellow friends cracking up a few jokes!
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