124+ Third Party Grading Companies

Discussion in 'Coin Chat' started by DoubleDie, May 11, 2009.

  1. DoubleDie

    DoubleDie Senior Member

    It keeps growing and growing. This website has grading holders that you never heard of, and it keeps growing. TPGS website
     
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  3. grizz

    grizz numismatist


    .........have to wonder if CAC would agree with any of them.
     
  4. quartertapper

    quartertapper Numismatist

    All you have to do is find someone to supply you with the holders and the hard part...finding three (or four) letters that sound good together for a name!
     
  5. andrew289

    andrew289 Senior Analyst

    I started my own encapsolating service in january. I don't grade.
     
  6. PennyGuy

    PennyGuy US and CDN Copper

    As I suggested on this site a while back, I'm reserving the rights to the name Coin Rating And Packaging. My slabs will look like this :rolling:
     

    Attached Files:

  7. Drusus

    Drusus Pecunia non olet

    Love it, that says it all...your label is just saying out right what all labels are omitting. :)
     
  8. houston3204

    houston3204 Numismatic Consultant

    Pennyguy!!!!!!!!!!

    :DHAHAHHAHHAAAHAHAAAA:D I want my coins slabbed by your company.......:phahahahahahaaa:p I bow to you.... :bow:
     
  9. xtrmbrdr

    xtrmbrdr Senior Member

    Thats to funny! :thumb:
     
  10. coinman0456

    coinman0456 Coin Collector

    OH to funny!
     
  11. mralexanderb

    mralexanderb Coin Collector

    PennyGuy, I like your company. You could have graded that coin a MS70 grade like SGS and GEC would have. Keep up the good work.

    Bruce
     
  12. PennyGuy

    PennyGuy US and CDN Copper

    I should hang out a shingle. Lets see, 60 cents for plastic, 5 cents for laser printed label, $30 for expert grading opinion, sounds like a sound business plan.:smile

    Another thought, maybe a application form like this>
    Desired Grade
    XG = $25
    AU = $30
    MS63 = $35
    MS65 = $40
    MS67 = $45
    MS70 = $60
    What does everyone think?
     
  13. sweet wheatz

    sweet wheatz Senior Member

    You could have a sale. have 10 graded and at least one will be ms70
     
  14. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Awesome. :D
     
  15. PennyGuy

    PennyGuy US and CDN Copper


    I love it, you're a marketing genius :D
     
  16. sweet wheatz

    sweet wheatz Senior Member

    I think I have this grading stuff down...
    Is this how they grade coins?

    Stand at the top of a staircase ad drop a handful

    Top step G4
    2nd step VG8
    3rd step F12
    4th step VF20
    5th Step XF40
    6th step AU50
    7th step MS60
    8th step MS65
    9th step MS70
    10th step throw them into a box, place in closet and claim that the coins never arrived to you:p
     
  17. mgChevelle

    mgChevelle AMERICAN

    Oh goodness. That's so funny, I'd imagine SGS's way isn't too far from yours.
     
  18. PennyGuy

    PennyGuy US and CDN Copper

    sweet Wheatz, I always thought there was an official "Process" to grading coins, just never thought it would be so "scientific". It makes so much sense. :bow:
     
  19. DoubleDie

    DoubleDie Senior Member

    The top four grading services (PCGS, NGC, ICG, ANACS) are mostly accurate and consistent until the grades of AU58 and MS60 is concerned, and it really gets worse when it comes to MS65-MS70. It's not uncommon for collectors and even dealers to resubmit AU58 coins, or high grade MS coins, just to get a point higher grade.

    This is the reason PCGS is using a computer type scan of each coin so resubmissions will be flagged as being previously graded a certain grade. No longer will anyone be able to crack a coin out of a PCGS holder and resubmit for a higher grade.

    I have done it, and I have got back coins that grade higher than the first submission. PCGS wants to prevent this, and they should, but it goes to show that PCGS is the Wal-Mart of Numismatics.
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    This is not true. PCGS says that coins can still be up-graded or downgraded. Their new system is to prevent coins that have already been graded from being cracked out, doctored in order to improve the grade, and then re-submitted for grading again.
     
  21. DoubleDie

    DoubleDie Senior Member

    PCGS Founder David Hall emphasizes the critical importance of PCGS Secure Plus: "When PCGS opened in February 1986, we 'flicked a switch' and changed the rare coin market. We've just flicked another switch, and this changes everything. Imagine a world without coin doctoring. Imagine a world without 'gradeflation.' This is the right thing to do."

    "Released after two years of extensive testing in partnership with Coinsecure, Inc. of Palo Alto, California, the PCGS Secure Plus system digitally captures the unique "fingerprint" of each coin, and enters it into a permanent data base. Neither the coin's appearance nor its grade can be changed without flagging the system."

    If PCGS grades a coin AU58+, then that's the grade they want it to remain. PCGS wants to be the only coin grading standard for all of numismatics. Just watch and see. I send coins to PCGS, and I like the new technology, but I don't have to like the company. I shop at Wal-Mart, but I don't have to like the company either.

    I think it's great this could eliminate coin doctoring, but PCGS will never perfect coin grading until they are the only coin grading service on the market to compare themselves to, which will never happen.
     
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