The "Graded Coin Value" Fraud At Online Auctions

For those that don't know, over the past few years comic books have been encapsulated and sold for high premiums. One book from the 1980's which guided at $150 was graded absolutely perfect, a 10.0. It sold at auction for $2,500.

Unfortunately, unlike coins, there's a heck-of-a-lot of a comic book you can't seen when it is sealed in plastic. You know, like 30+ pages.

As a friend of mine used to say, "Right church, wrong pew."

The author's personal opinion allowed for ANACS to be second tier in a three place race. Something like incompetence and over-grading compared to the holy and righteous to outright fraud. The differences between PCGS and ANACS isn't even close as compared to the rip-off artists and their PGS, Personal Grading Service. (The author's implied scale (1-2-3) of grading grading services was nearly as deceptive as the deception being practiced by the ebay crooks.)THIS STATEWMENT SHOULD HAVE READ- The author's implied scale of (1-2-3) is misleading in that one could place ANACS in the middle with such a great gulf between PCGS and outright fraud, dishonesty and lack of ethics. It's like if PCGS, ANACS and the PGS's were to race in NASCAR 500 mile race, if ANACS were to finish a car length behind it's the same as only completing 250 miles. Whereas the PGS never left the starting grid. The author should have explained themselves better or left ANACS out of the picture. I'm sure some mnewbies have been led astray by this article. The original idea was good but definitely went astray. My two stinc'n zinc'n Lincolns.

I have been approached by a member of the forum on a PM to modify what I had said in the post above. I'm not quite sure how to respond. I tried to tell it it like it is unlike the PGS'ers. The original intent of the article was great but the author messed up by including ANACS or any other legitimate grading service without clearly identifying where they stood in comparison to the rip-off dealers PGS coins and PCGS. Maybe it was an oversight on the author's behalf but including ANACS should not have been included into the article in the manner in which it was done. If the author holds PCGS to be the finest grading service for any and all merits, so be it. The way the article was written it implied that ANACS was in the same catagory as the PGS.
Having worked in an engineering environment for over thirty years and nothing can be left for guessing, I have a critical eye for what I am looking at. If I have offended Mila or the author please let me know how.
If the forum leadership would want to contact myself on this matter I am open for discussion.

thank you for the article