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 Replies: 41 / Views: 8,407 |
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Pillar of the Community
United States
4589 Posts |
If I hadthe money I would paly games with them all as well, to see who's honest and what not .. You know you have to expect a margine of error on 1 maybe two points expecially with lower grades. But on the high grades in alot of ways I think it is real hard to grade the higher grades exspecially Ms-67 and above.. The price range difference is so crucial.... I bet if you were a really Big dealer hard to give examples so as not to get my self sued, Your Grade would be much higher
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Pillar of the Community
United States
590 Posts |
Very good post dinosaur. I am with OldDan on the authenticating thing. If I buy a coin $50 or more I would prefer it to be certified because of my lack of experience in determining if the coin is counterfit.
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Pillar of the Community
United States
1247 Posts |
Once upon a time you could get a coin authenticated without grading. Not only that but that's all you had to pay for. You could put your coin in whatever holder you liked. And you could also, (I'm NOT MAKING THIS UP) take it out the holder and put it in another holder without losing anything. In fact once you paid for the authentication you were done with them. But that was long before they decided to enrich us with slabs, and Rent-a-Grade.  ************************************************ "...Henry said 'don't you mess that pile, Had three aces, he had five..." Sailor's Lament--Creedence Clearwater Revival ************************************************* Edited by longnine009
07/27/2006 03:09 am
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Moderator
 United States
23522 Posts |
"Rent-A-Grade." That's huge.  I hope you don't mind me using that line elsewhere, sometime. I've never heard it put so appropriately. |
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Valued Member
United States
394 Posts |
Dinosaur, I agree with the idea of not revealing who the grading company was that you investigated!!!
Please tell us who you did not investigate!!!!!.....
There should be no dilemma in doing that...
Thanks for the stroy Dinosaur.
Berry
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Pillar of the Community
United States
1247 Posts |
quote:
Originally posted by SuperDave
"Rent-A-Grade." That's huge.
I hope you don't mind me using that line elsewhere, sometime. I've never heard it put so appropriately.
I don't mind at all. Spread the "summer of love" (1967) for TPGs. "ho ho ho, he, he he, ha, ha, ha" "coo coo coochoo"  ********************************* "...Sitting on a cornflake, waiting for the van to come. Corporation tee-shirt, stupid bloody Tuesday, man you been a naughty boy, you let your face grow long...." I am the Walrus---Beatles *********************************** Edited by longnine009
07/27/2006 6:08 pm
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Pillar of the Community
United States
751 Posts |
quote:
Originally posted by texasmick
I understand that ANACS is the only one of the major TPGs that actually doesn't care (or communicate to the graders) who sends the coin in. If it's not ANACS, it must be ICG, but there is one that I have heard of.
I felt uncomfortable dangling that out there without a reference. I scanned "The Coin Collector's Survival Manual" by Scott Travers to see if I could find the info. I'm glad I did, it turns out I was recalling ICG after all: ICG claims to take elaborate steps to ensure that its graders will not know the identity of dealers or collectors who submit coins for review. It stipulates that all coins must be sent not to ICG itself, but rather to Corporate Security Solutions, a third-party receiving company, which then removes all shipping and identification labels and assigns a computerized random tracking number to each coin.... |
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Pillar of the Community
United States
4589 Posts |
(Quote Texasmick)
ICG claims to take elaborate steps to ensure that its graders will not know the identity of dealers or collectors who submit coins for review. It stipulates that all coins must be sent not to ICG itself, but rather to Corporate Security Solutions, a third-party receiving company, which then removes all shipping and identification labels and assigns a computerized random tracking number to each coin....
Now see that seems to make sence.
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Valued Member
United States
288 Posts |
Gonna laugh about this for a long time. Very good. Who actually owns the Grading Services? Coin collectors? Any dealers? I visited a Jai Alai betting game in Florida one time and noticed that the players, while playing, could see the odds boards! If I remember, many years back the odds changed durring the game. Now with them fellas not being the ponies and all, I surmised that at least some of those players might just be able to read. I asked my friend how anybody could trust in this game as it seemed just too easy to rig. He gave me the bit about player integrity and so forth. Shortly thereafter, there was a major sting and criminal indictments of a bucch of players for rigging the game. Amazing. TPG's? ...Learn to Grade, Live with the Results....Gusp |
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Valued Member
United States
66 Posts |
Thanks for sharing your experience and doing all the footwork!
FWIW, if your research is documented, the grading company in question would have to prove that your evidence is both (A) false and (B) malicious in order to pursue you in court. What you've done is as legal (more so in many cases) as what "60 Minutes" does on a regular basis, so I wouldn't sweat that aspect.
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Valued Member
United States
66 Posts |
quote:
Originally posted by gusp
Amazing. TPG's? ...Learn to Grade, Live with the Results....Gusp
While I agree with that sentiment in theory, in practice TPGs (if reliable, and that's suspect) allow a lot more confidence in the practice of buying online. If I only buy what I can grade in my hand, I wildly limit the pool of coins I can purchase from to my local area. Obviously the online trade is here to stay, I sure would like to see more in the line of inexpensive, reliable grading / authentication to make the market more sound. |
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Pillar of the Community
Czech Republic
803 Posts |
Dinosaur - thank you for your experiment. There does appear to be some bias in it on the part of the TPG, but your sample size was too small and lacked the random element to make any kind of a conclusive statistical assumption. In another words - it could've been just bad luck. Granted, when you hear similar stories for years you start to believe that TPG's are playing favours (looks at pedigrees, for example) and cater to large clients. That's one of the reasons I am yet to own a slabbed coin. Just my 2 Kopeiki... ~Roman |
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Valued Member
United States
68 Posts |
It's a shame about the grading companies. It defeats the purpose of the individual collector. By the way does anyone know anything about SGS, Star Grading Service?
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Pillar of the Community
United States
7123 Posts |
Hi Kodji
Welcome to the forum !!
there is plenty of info on SGS on the forum,, just do a forum seach for SGS . the search box is at the top of the page,, just leave the default on forum.
Rick
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Pillar of the Community
Czech Republic
803 Posts |
quote:
Originally posted by kodji
It's a shame about the grading companies. It defeats the purpose of the individual collector. By the way does anyone know anything about SGS, Star Grading Service?
Stay away from SGS - it's not a legitimate grading company, but actually a seller (ABONCOM, I think) that puts coins in holders and labels almost all of them as 69/70. The only way to buy SGS coins is to ignore their grading and buying that coin as raw. There are numerous threads about this company on the "other" boards that I visit. For example: http:// (046) Not Allowed - Auto-Removed &threadid=466312&highlight_key=y&keyword1=SGS http:// (046) Not Allowed - Auto-Removed &threadid=448862&highlight_key=y&keyword1=SGS http:// (046) Not Allowed - Auto-Removed &threadid=478811&highlight_key=y&keyword1=SGS Regards, ~Roman |
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Replies: 41 / Views: 8,407 |
First Page
Posted 07/26/2006 8:20 pm
