TPG Service Preferential Treatment?

Discussion in 'Coin Chat' started by Ambrose Hunter, Oct 3, 2015.

  1. $ignofthedollar

    $ignofthedollar Well-Known Member

    What would "Laura" say??
     
    Coinchemistry 2012 likes this.
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  3. ldhair

    ldhair Clean Supporter

    The guy that wrote that is full of beans. It's not true.
    This is not a rumor at all. Dealers can get lower grading fees when sending in bulk orders. It's nothing new.
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

     
  5. Ambrose Hunter

    Ambrose Hunter New Member

    The point of this coin blog is to help the possibly misinformed with answering their sincere and honest questions (otherwise, there would be no need for this coin blog). And unless someone has worked for one of the third party grading services in management or grading, most everyone else is fallible and would also be misinformed about the grading idiosyncrasies of the TPGs that might allow for preferential treatment of Dealer submissions over individual submissions. Moreover, as the days go on, there may be input from other coin collectors who feel they may not have received fair treatment from third party grading services (assuming they will not feel they will be shouted down if they speak up) with respect to this issue.
     
  6. Ambrose Hunter

    Ambrose Hunter New Member

    The rumor is in respect to possible preferential TPG grading treatment being given to Dealers when they submit these submissions in bulk, not that they have the ability to submit coins in bulk, resulting in lower fees. At least that is my take on what the smaller coin dealer stated in his original comment.
     
    Last edited: Oct 3, 2015
  7. ldhair

    ldhair Clean Supporter

    You wrote "better grading deals". I took that as price.
    Getting past that, The guy that wrote that dealers get better grades, is full of it. He knows nothing about the services.
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Horsehockey! Do you believe every seller on eBay who claims a raw coin is "such and such" a grade? Do you think these raw coins will sell for the same price as graded specimens?

    Chris

    Me, too, but I don't just blindly submit coins hoping for good grades. Learning how to grade does help. That is something the OP should bear in mind.

    Chris
     
    ldhair likes this.
  9. Dancing Fire

    Dancing Fire Junior Member

    Take these bullion MS70 coins to a coin show and see how many dealers are begging for them. The answer is NONE!
     
  10. Dancing Fire

    Dancing Fire Junior Member

    When the grading fee cost more than the coin itself is getting ridiculous.
     
  11. ldhair

    ldhair Clean Supporter

    Please go find me a bunch of MS70s and sell them to me at raw prices. I'll take a few hundred.
     
    JPeace$ likes this.
  12. Dancing Fire

    Dancing Fire Junior Member

    Why buy raw? if you think that these so rare buy them in a MS70 slab. I'm sure there are plenty dealers waiting to unload them.
     
  13. ldhair

    ldhair Clean Supporter

    You said they were worth the same. So you were wrong? I don't want raw. I want 70s at the price of raw, like you were talking about. Who in the heck said they were rare? You don't know what you are talking about.
     
  14. Dancing Fire

    Dancing Fire Junior Member

    Been told that many times...:p
     
  15. fretboard

    fretboard Defender of Old Coinage!

    Got that right! An oz of silver will never be anything more than an oz of silver no matter what it grades and although some collectors really want an MS70, I'd say the majority of collectors who really care about that stuff is minimal. At least, that's been my experience according to my coin club and most serious coin collectors I've spoken to. MS70's are mainly for show, bragging rights and the rah, rah, rah. jmho tmoney.gif
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Who said anything about selling to dealers?!!! Put them on eBay. Do you really think they will sell for the same price as the raw ones?

    Chris
     
  17. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Larry, you can't argue with an idiot!

    Chris
     
  18. Dancing Fire

    Dancing Fire Junior Member

    Yup, That is where you can find all the suckers.
     
  19. Ambrose Hunter

    Ambrose Hunter New Member

    I understand the misinterpretation. By receiving replies, such as yours, we can better gauge the veracity of that TPG preferential treatment claim.
     
  20. 19Lyds

    19Lyds Member of the United States of Confusion

    This is true for ANY collectors club member the signs a Bulk Submitter Agreement with PCGS.

    Fee's as low as $10 per coin are possible but on the other end of the spectrum, fee's as high as $40 per coin are also possible for higher grade, more expensive, coins.
     
  21. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    You're an idiot!

    Chris
     
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