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 Replies: 14 / Views: 1,465 |
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Pillar of the Community
Canada
2495 Posts |
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Bedrock of the Community
Canada
21584 Posts |
Congratulations to our own Will Christie for his involvement in this endeavour.
Hope the best of luck to you and your partners in this new adventure.
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Bedrock of the Community
United States
19115 Posts |
Interesting development. I find the following excerpt a little amusing--could have been written a tad differently:
"The three CNAS founders - Will Christie, 22, Cole Lawrence, 19, and Josh Lucrezi, 23 - have more than 45 years of collecting and dealing experience." I would imagine a subset of that combined 45 years is not rooted in the higher end of numismatic endeavors (when considering their current ages).
Anyway, I am pulling for their success.
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Pillar of the Community
 Canada
5585 Posts |
Unless the figures are wrong with regard to their ages and years of experience, my math comes out that each began their collecting/dealing experience when they were in kindergarten and age 5-6. Good luck to you guys and your endeavors.
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Pillar of the Community
 Canada
2495 Posts |
I too wish them all the success and I am impressed witheir bold new venture.
I have a question that hits at the core of their business mission.
It's one thing (and a much easier, but still difficult task) to have an 'assurance' company give a second opinion of a grading company in one's own country.
But to try and judge or rate the grade the following companies give a coin, including PCGS, NGC, ICCS and CCCS is setting oneself up for complete frustration..
Why? Because they have different grading standards.
Even they (CNAS) mention this fact on their webpage.
So what grading ctriteria are they going to use?
We have debated this for thirty years now.
You can't expect PCGS/NGC to grade the same way as ICCS and CCCS does, so how in heck are you going to give a consistent second opinion grade for all four?
All CNAS is going to do is basically add another 'fifth' grade, resulting in - more confusion - more headscratching - and more reason for us 'so called experts' (and I use that term lightly) to post on forums such as this and debate this issue.
Put another way, I think they are taking on an impossible task.
Maybe I'm totally wrong.
But I will be interested to follow their brave venture.
Edited by doubleeagle59
02/15/2022 09:18 am
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Pillar of the Community
Canada
5324 Posts |
Simple, there is a good MS 63 and a real crappy MS 63
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Pillar of the Community
 Canada
5393 Posts |
Wish the lads luck . Encouraging to see some younger dealers
coming along with a true passion for the hobby.
That said , I for one am no fan of graders grading the graders .
For this concept to be successful , one has to be fully knowledgeable
of the CURRENT and DIFFERENT standards of all the involved
TPGs. They are all slightly different in their approach to assigning
a numerical number to a slab .
Seasoned old veterans like myself and others ,will always be in the
camp of buy the coin not the holder or the number .
In other words a quality coin will always bring a premium price no
Matter what anyone grades it at .
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Pillar of the Community
Canada
2495 Posts |
I want to add one more thing.....
My post was done assuming they are going to give a second opinion of all four companies using one grading standard.
I just can't see how that can be done.
Now....if you are to give a second grade opnion using US standards for PCGS and NGC and then independantly give your opinion on ICCS and CCCS using Canadian grading standards, then I could see that being an option.
The problem with this is two fold: (1) You're going to need a heck of a lot more than a total of 45 years experience to keep track of all the grade nuances of these 4 companies. and (2) there already is a well established US second opinion company (CAC) that these three young fellows will have to compete against (in the US market and I dare say, I don't want to be the voice of doom and gloom, but I certainly wouldn't want to take on that feat).
I respect their inspiration and drive but this old timer just thinks it's a little bit unobtainable.
Edited by doubleeagle59
02/15/2022 12:19 pm
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Moderator
Canada
10456 Posts |
An analogy. I collected rocks as a kid. By no means do I count that towards my professional experience as a geologist. Even my years of education and grad school do not count. What counts is what I do as a professional, and what I publish.
When ICCS started, it was Brian Cornwall, Ingrid Smith, and Bill Cross. All had published numismatic articles or edited numismatic books under their belts well before they started.
I wish these lads luck, but you will not see a sticker on any of my coins.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
5238 Posts |
I certainly wish them success, but they need to convince the world that they have the ability to make these judgements. I don't know them or their abilities, so right now I would not be paying for their service or buying something on the strength of their evaluation. Down the road who knows?
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Pillar of the Community
Canada
9862 Posts |
I agree with doubleeagle59.
I don't see how they can reconcile the difference between US and Canadian grading standards.
Will they adopt one or the other, or set their own standards.
Hopefully thedollarman will enlighten us.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
1081 Posts |
Also agree with doubleeagle59. While I agree that it's terrific to see some young people getting into this area, I find it slightly weird overall.
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Pillar of the Community
Canada
851 Posts |
Certainly they must have a plan that addresses all of the concerns voiced here.
Perhaps one of the owners is already a regular in this forum and 'Will' chime in.
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Pillar of the Community
Canada
1505 Posts |
I'm curious to see more, I agree on buy the coin, not the holder, but it is amazing how much easier it is to buy/sell graded coin. Hopefully they can point out some of the biases on graded coins, how many ICCS au55-ms62 coins that look undegraded, but are actually cleaned and net graded or VF30's labeled by PCGS as AU50? Not sure if/how much I would pay for the service or if I would pay a slight premium for the opinion, but if you would have asked me 10 years ago if I would ever many coins worth grading, I don't think I would have said yes.
I wish them all the best and look forward to seeing what comes of all of this.
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Pillar of the Community
Canada
2781 Posts |
I played with Lincoln Logs as a kid, doesn't mean I should tell people that I've built hundreds of houses.
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Replies: 14 / Views: 1,465 |
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Posted 02/15/2022 07:26 am
