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Old 01-04-2009, 04:43 PM   #14 (permalink)
mikenoodle
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Join Date: Jul 2003
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Originally Posted by GDJMSP View Post
OK - can you tell me what vested interest in value that NGC or PCGS has ? They could care less what the coin is worth - it makes no difference to them. They get paid the same amount to slab a coin if the coin is worth $10 or $100,000.
If it is PCGS' "opinion" on their case that helps determine the value of the coin, then they play a large part and have a HUGE interest in what the coin sells for in many ways. Not the least of which is their perceived brand in th marketplace based on the consistency of their grades and the acceptance of said grades in the marketplace.

Why would they create registry sets if not to influence the submission (and subsequent resubmission) of coins in large numbers?
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