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APCGS New Hologram Label?

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6 Posts
 Posted 08/20/2013  04:35 am Show Profile   Bookmark this topic Add llvllrshane to your friends list Get a Link to this Message Number of Subscribers
I was googling around on my computer looking for TPG in Australia and came across this mob. Any good? I did notice that they just brought out a new hologram label and the cases look similar to PCGS.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/20/2013  04:43 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
is there suppose to be an image or a link


FYI - a google search turned up this thread third on the search list
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6 Posts
 Posted 08/20/2013  05:02 am  Show Profile   Bookmark this reply Add llvllrshane to your friends list Get a Link to this Reply
Here is the pictures on there website

APCGS-New-Hologram-Label?

APCGS-New-Hologram-Label?
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Sap's Avatar
Australia
16817 Posts
 Posted 08/20/2013  06:00 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The owner of that "slabbing company" - actually just a coin dealer slabbing and selling their own coins - joined the forum here a few years ago and tried to spam their company. Needless to say, they got the same treatment every other spammer receives here.

They were also a little slow at understanding the Sheldon grading system. All their coins had "MS" grades - MS-6, MS-20, MS-60 etc. The poor fellow only seemed confused when people pointed out that this was completely wrong. I see they've finally figured it out, but they still have an "MS-10" graded coin prominently displayed on their homepage.

You can read some of the history in this thread.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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6 Posts
 Posted 08/20/2013  06:09 am  Show Profile   Bookmark this reply Add llvllrshane to your friends list Get a Link to this Reply
I blew up the picture and I wouldn't say no to having this 1923 halfpenny, regardless of the grade
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 Posted 08/20/2013  06:11 am  Show Profile   Bookmark this reply Add llvllrshane to your friends list Get a Link to this Reply
Is there any proof that they are a dealer or is everyone just guessing?
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Sap's Avatar
Australia
16817 Posts
 Posted 08/20/2013  07:13 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I agree, it's not really a simple "dealer slabbing his own stuff" - it's a little more convoluted than that. They're not exactly the same people - just real good mates, apparently. The only coin dealer to exclusively slab all their coins with APCGS - indeed, the only coin dealer you're likely to find any APCGS-slabbed coins at all - is GoldAndCoins, who also prominently advertise APCGS on every single one of their webpages. Both APCGS and Gold&Coins are based in Port Macquarie, NSW. I wonder if APCGS makes their (only) major customer pay their full grading fees, or if he offers mates rates?

I don't know how thin the "Chinese wall" is separating these two companies, but it is clear that APCGS is far from "independent".

All of which is rather separate from the other question you asked: Are they any good? If APCGS were competent graders, then perhaps their quasi-neutrality can be forgiven - after all, everyone has to start somewhere, even if it's charitable help from friends. Even the great and powerful PCGS started out as a cartel of dealers slabbing their own stuff. Unfortunately, I've seen little evidence that their authentication and grading skills are competent and consistent enough to give the thumbs up. Meanwhile, their utter incomprehension of the Sheldon grading system and the simplicity of their website and submission process all tell me this is still very much an amateur operation.

Finally, their use of the lookalike name "APCGS" and adoption of American-style grading (even without fully understanding it) is a clear indication that they hope to tack onto the reputation of the American PCGS, rather than go to the trouble of building up their own reputation the hard way as CGS-UK in Britain have done. Even their new "holographic labels" seem to me to be simply an attempt to make their slabs look more PCGS-like.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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 Posted 08/20/2013  07:27 am  Show Profile   Bookmark this reply Add llvllrshane to your friends list Get a Link to this Reply
Australian Professional Coin Grading Services (APCGS), makes sense to call an Australian company by that name. What else could you call it? A quick google and I have come across a couple of other dealers/internet sellers from other sites that do advertise grading from this company. There label looks great, especially since they also have an Australian coin icon on it and the overall package looks good enough for me to send them some items. Hopefully there grading is consistent as this can make or break a company.
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oh my florin's Avatar
Australia
1006 Posts
 Posted 08/20/2013  07:47 am  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Well from what I have heard they aren't very good with grading but I have no idea whether they are trying to be legitimate or simply as a form of passing of coins as better grades than they actually are. At the moment the Australian market isn't in particular open to grading but I think it could be due to costs in getting a coin graded overseas while if we had a good company here I think people would be much more open to the idea. Emphasis on good
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Australia
14 Posts
 Posted 08/20/2013  08:07 am  Show Profile   Bookmark this reply Add Fulvio to your friends list Get a Link to this Reply
The choice of a name is a pretty important thing. Just ask any of the companies which have ridden on the coat-tails of an established major player, or the said majors who've had their identities usurped. In this instance it would have made a LOT more sense to not alienate most of a small market by being so blatant about it, as Sap says. And not having the skills to do the job properly makes the whole excercise a borderline con anyway.

Even without passing coins off as better than they really are, there is a financial reward for the associated vendor. By removing most, if not all of the grading fees, more profit can be made from those buyers who are fooled. If they're overgraded as well, then, the word "scam" comes to mind.

None of us are going to buy this rubbish, but as we see on ebay every day, the world is full of woodducks. :(
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Sap's Avatar
Australia
16817 Posts
 Posted 08/20/2013  08:21 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Australian Professional Coin Grading Services (APCGS), makes sense to call an Australian company by that name. What else could you call it?

You could eliminate any of the words or substitute any word for any synonym, and come up with a completely different acronym. Australian Coin Certification Service ACCS, Australian Coin Grading and Certification Authority ACGCA, Western Pacific Coin Grading WPCG... it doesn't really take much creativity to think up a unique, non-derivative name for a slabbing company.

Quote:
A quick google and I have come across a couple of other dealers/internet sellers from other sites that do advertise grading from this company.

Yes, people like investego on eBay. Funnily enough, the owner of APCGS first joined this forum under that username, trying to spruik his new grading service. Seems he's also selling his own slabbed coins. That makes him, by the standard definition, a "basement slabber".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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enworb's Avatar
Australia
4411 Posts
 Posted 08/20/2013  08:40 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
The ebay seller investigo is a Shane as well. Maybe you know him?
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r9453's Avatar
Australia
86 Posts
 Posted 08/20/2013  2:23 pm  Show Profile   Bookmark this reply Add r9453 to your friends list Get a Link to this Reply
APCGS new hologram label?

I think its ridiculous.
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appleangel07's Avatar
Australia
1607 Posts
 Posted 08/20/2013  8:18 pm  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
I've just been looking in my photo folders for some "SPAM",i could'nt find any,prolly because I don't like it !
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Australia
14 Posts
 Posted 08/21/2013  02:45 am  Show Profile   Bookmark this reply Add Fulvio to your friends list Get a Link to this Reply
I never look at usernames, since they have little correlation to real life, so hadn't noticed the preponderance of Shanes all lined up on one side of this fence. Hmmmmmm...

If this were cricket, we could have a Shane vs The Word one-day match, perhaps? ;)
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enworb's Avatar
Australia
4411 Posts
 Posted 08/21/2013  03:09 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
You can assume that most of the shanes plugging APCGS here are Shane Williams the person associated with APCGS and investigo.
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