| Whining for Dollars
What happened was something like this:
A dealer would approach Rick Montgomery on the floor and start whining. "Look at this. It's overgraded. ... whine whine whine" and Rick Montgomery would take the coin and have it looked at again and usually it would be put into a new holder with the right grade and whatever else had to be done -- like money changing hands -- would happen and the dealer would be happy.
Now, PCGS is the Number One grading service.
On the other hand, other companies simply maintained that they do not make mistakes.
Now, all companies looking forward to the day after tomorrow have some sort of policy to guarantee their grades or their re-grades or whatever. But PCGS's lead is well-established and well-maintained.
Everyone makes mistakes. Grading is subjective. On RCC, BiggFredd has referred to the many egregious misgradings by "leading companies" that he has posted links to. He says that the apologists resort to special pleadings. Maybe they do.
Essentially, all grading companies have the same strengths and weaknesses. (Grading is subjective.) What makes one superior to another is not always measurable if you look at it from outside the box. Within the context of the numismatic markets, the measures are there in dollars and cents and that makes them real enough.
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Tradurre e tradire.
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