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Third Party Grader In Australia

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Pillar of the Community
erkle's Avatar
1119 Posts
 Posted 01/15/2013  6:55 pm  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
APR 1: Major announcement to come that will skyrocket APCGS into the future.

all new slabs will come with rockets fitted.
im still hoping they get the right formula going to make it work, I want it too even if it is a joke right now.
Valued Member
Australia
428 Posts
 Posted 01/15/2013  10:25 pm  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
what is this , I think it is a penny blank . ,, kel ,,

Third-Party-Grader-In-Australia
Edited by keldaw2222
01/15/2013 10:26 pm
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 01/15/2013  10:36 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Im 99% sure the denticles are struck when the rest of the design is so the presence of them on your coin suggests to me it has been worn.
Pillar of the Community
oh my florin's Avatar
Australia
1006 Posts
 Posted 01/15/2013  10:39 pm  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
I was looking at there site and it is almost laughable that they have a "certificate of authenticity" accompanying the coin. Anyone else think that alot of these certificates will end up on ebay with fake coins attached? I mean your certificate of authenticity should be the slab that the coin is in otherwise what is the point of slabbing a coin if it dosent attest to its authenticity?
Edited by oh my florin
01/15/2013 11:01 pm
Pillar of the Community
The Unicorn's Avatar
Australia
750 Posts
 Posted 01/15/2013  10:51 pm  Show Profile   Bookmark this reply Add The Unicorn to your friends list Get a Link to this Reply
Hi Kel

I think this is one of the ones we were looking at the other day where it ended up with the lady one being from British Honduras. We might have to double check with Enlil to see if he thought this too matched the British Honduras coins as far as size and weight.

https://goccf.com/t/138239&whichpage=1

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enworb's Avatar
Australia
4411 Posts
 Posted 01/15/2013  11:07 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply

Quote:
I was looking at there site and it is almost laughable that they have a "certificate of authenticity" accompanying the coin. Anyone else think that alot of these certificates will end up on ebay with fake coins attached? I mean your certificate of authenticity should be the slab that the coin is in otherwise what is the point of slabbing a coin if it dosent attest to its authenticity?


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stevo1962's Avatar
Australia
908 Posts
 Posted 01/15/2013  11:14 pm  Show Profile   Bookmark this reply Add stevo1962 to your friends list Get a Link to this Reply
They still dont have a grip on the sheldon system.They have listed the Sheldon grades beside what they consider to be the Australian equivalent but it looks to me like they haven't done their research and I dont think the grades match up very well
New Member
blackmamba010's Avatar
Australia
49 Posts
 Posted 02/08/2013  01:12 am  Show Profile   Bookmark this reply Add blackmamba010 to your friends list Get a Link to this Reply
I have been considering this for about 10 years or so (starting a australian slabbing and grading co.) - what has stopped me is my own fears of failure, and time. I am about to leave the Army, (so I will have bulk time). It can be done, and can be very successful, but I think you need a team of at least 3 to work. This APCGS seems like it is a one man operation. If it were to be successful, all i's need to be dotted and t's to be crossed. This can work, but needs to be a harshly graded service.
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enworb's Avatar
Australia
4411 Posts
 Posted 02/08/2013  01:54 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Are you an ANDA member? I would imagine that for something like this to take off it woulf need to be done by a well respected dealer.
New Member
blackmamba010's Avatar
Australia
49 Posts
 Posted 02/08/2013  03:47 am  Show Profile   Bookmark this reply Add blackmamba010 to your friends list Get a Link to this Reply
No, I'm not an ANDA member. Just a thought though, my thinking is it would be better NOT to be associated with dealers, and remain as removed from the coin dealing trade as possbile. Personally I think that as long as the service is run by competent staff, and a harsh grading service and gain that reputation, that should be enough.
Pillar of the Community
robster's Avatar
Australia
674 Posts
 Posted 02/08/2013  04:01 am  Show Profile   Bookmark this reply Add robster to your friends list Get a Link to this Reply
Would be happy to work for peanuts (and Pennies)
Pillar of the Community
Australia
1295 Posts
 Posted 02/08/2013  04:43 am  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply

Quote:
Are you an ANDA member? I would imagine that for something like this to take off it woulf need to be done by a well respected dealer.


Personally I think that's exactly why it will NEVER take off. As soon as a dealer starts a grading service it's no longer independent. There's a good reason why so many collectors with deep pockets are collecting PCGS graded coins and not any previous attempted 3rd party Australian grading companies slabs. And the trouble then is that the Australian market isn't anywhere near big enough to have a company that just does slabs and can distance itself from the business of buying and selling coins.
Pillar of the Community
shanew's Avatar
Australia
1041 Posts
 Posted 02/08/2013  05:10 am  Show Profile   Bookmark this reply Add shanew to your friends list Get a Link to this Reply
i am looking for a new company to invest in blackmamba to join a group like ANDA I THINK IT WOULD ONLY BE A FEE like all group find some of the best graders to train some graders pay some wages and off you go would need about 250k to set up and to pay wages why you advertise and get some income coming through the door dont laugh mamba but most things start from a brain fart like this WELL BRAIN FARTED
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 02/08/2013  11:29 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Whilst I agree that if an ANDA dealer tried to establish suh a company it may not be that trustworthy I find it hard to see people supporting a company whose 'chief grader' is someone reasonably unknown. If an ANDA dealer ceased trading all together and then started a company it might work. They would have to not sell any coins, especially those they slabbed as it would mean the compaby was not a third party grader.
Valued Member
Australia
112 Posts
 Posted 02/25/2013  10:14 am  Show Profile   Bookmark this reply Add Tim Bowden to your friends list Get a Link to this Reply
I tend to agree with enworb here.

A TPG must have independence from any commercial interest in the sale or trade of coins, (etc), for any degree of confidence that assessment is not commercially biased.

It would also be difficult not to be associated heavily with ANDA, given that their members provide most of the data used in the valuation documentation most commonly used in Australia, therefor any grading should be relative to ANDA's (and effectively their valuation) description of grade.

If these two criteria weren't met it would be difficult to instill faith, which would probably be fatal for such an enterprise.

Then there are all the financial considerations .....

Yep - I would like to see a TPG here, by the above criteria, however I doubt it would be a commercially viable venture.

In saying all of that, should you decide to go ahead Mamba, may I wish you the best of luck.


Edited by Tim Bowden
02/25/2013 10:20 am
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