Shouldn't grading companies be non-profit?

Discussion in 'Coin Chat' started by Diogenes Diaz, Dec 13, 2020.

  1. Diogenes Diaz

    Diogenes Diaz Active Member

    I seen a coin rated 69 and it had visible scratches and wonder WTH.There has to be changes--My opinion
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Non-profit??? Good luck with that.
     
    john65999, Alegandron and mlov43 like this.
  4. Garlicus

    Garlicus Debt is dumb, cash is king.

    What is your understanding of a non-profit organization versus a regular company?
    How would the status of a company being a non-profit affect the grading process?
     
  5. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    If they are die polishing lines then the coin is as struck.
    Photos or BS.
    This hobby is dependent on a continuous education. If you don't know how coins are made and struck then you will not understand what you are looking at.
     
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I think grocery stores and car washes should be non-profit. Come to think of it, maybe we should include Subway, Dominos, Buffalo Wild Wings and Jersey Mike's to that list.
     
    Kentucky, wxcoin, KSorbo and 6 others like this.
  7. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I was hoping for gas stations.
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    I think most restaurants are going to end up this year with no profit. :(

    Oh, non-profit. My bad.
     
  9. Robert Ransom

    Robert Ransom Well-Known Member

     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    THUMBS UP!.png
     
    john65999 likes this.
  11. manny9655

    manny9655 Well-Known Member

    Non-profit? Do you work for free?
     
  12. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    If grading companies were non profit the result would be an abomination. Any motivation or desire to get it right is entirely eliminated in a non profit environment.... I would agree there are problems that have arisen, but we have to use our influence as a customer base to effect any real change.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    I've gotta take exception to this. People can be motivated by what they're doing, independent of profits, and people in a for-profit environment can still get it wrong.

    Yeah, "let's all work together for the common good, money doesn't matter" is a fairy tale. Unfortunately, so is "when your actions have dollar-and-cent repercussions, you learn to do the right thing."
     
    wxcoin likes this.
  14. Robert Ransom

    Robert Ransom Well-Known Member

    Let me see if I got this right: An opinion of an opinion, correct?
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Non profit ? your kidding me right ? I think PMG has a clause in there contract
    that anyone that works for the company can't be involved in collecting but
    I am sure some have a small stash hidden under a tree...LOL
     
    Diogenes Diaz likes this.
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    Churches are non profit. But TPG's?
     
    Pickin and Grinin likes this.
  17. Diogenes Diaz

    Diogenes Diaz Active Member

    No but I volunteer for free and I love it
     
    MIGuy likes this.
  18. Diogenes Diaz

    Diogenes Diaz Active Member

    I believe that most collectors have some kind of understanding of the minting process-- The more you love it --the more you learn---some people think that just because they been collecting for years makes them a expert!
     
  19. rte

    rte Well-Known Member

    Scratches on the coin or holder?

    Non profit grading service (NPGS)
    That's when you DIY :p in a 2x2 paper or plastic wrap your choice....
    IF not for profit, you wouldn't have any grading services.
     
  20. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Actually I photo coins, when the coin is unforgiving you'll never see the photo.
    You are missing part of the education if you think you saw a wiped or cleaned surface on a graded 69. I don't believe it.
    Photos or it didn't happen.
     
  21. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    TPG as a non profit is just a plain old head slapper. I don't even know where to begin.

    What I find to be an abomination is the fact that we have to pay for a basic necessity of life, water. Will the powers that be somehow figure a way to charge us for air next?
     
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