PCGS slabs new "corn cob pipe variety"?

Discussion in 'Coin Chat' started by C-B-D, Apr 13, 2016.

  1. Travlntiques

    Travlntiques Well-Known Member

    Sigh.....some people have all the luck!
    My coins always go to the overly strict grader who has a chip on his shoulder and wants to get back at the world one under-grade at a time :-(
     
    MMiller750, Cascade, kazuma78 and 2 others like this.
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  3. Hommer

    Hommer Curator of Semi Precious Coinage

    Better than snuff juice.
     
  4. Mainebill

    Mainebill Bethany Danielle

    I think the graders at pcgs were smoking something in a pipe that day. I've noticed pcgs will straight grade coins with old toned over scratches often times and ngc will not
     
  5. UnCommonCents

    UnCommonCents Variety Collector

    Scratches are one thing.. graffiti is another
     
    C-B-D likes this.
  6. C-B-D

    C-B-D Well-Known Member

    EXACTLY! This is me. Only, even in a straight holder, no one will pay for this coin because they can all see it so clearly.
    BUT, I think PCGS these days are grading a point under on nice coins in hopes to make more money on regrades. It's a big game for them - ensuring their financial future.
     
  7. SuperDave

    SuperDave Free the Cartwheels!

    With the side benefit of driving CAC out of business, because if everything they slab can get a Bean, nobody will feel they need CAC any longer. Then they can lather, rinse, repeat. :)

    TPG's are offering a *ton* of reasons these days why they are a system which needs to be changed.
     
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  8. C-B-D

    C-B-D Well-Known Member

    I was at the Tampa FUN show and spoke with 2 dealers. Every coin they bid on at the Heritage auctions were ones they thought would upgrade for a BIG jump in value. One of them told me he spent over $100,000 in PCGS fees in 2015 alone, and business was good. UNREAL!!!
     
    Travlntiques likes this.
  9. SuperDave

    SuperDave Free the Cartwheels!

    I wouldn't have any objection to that - TPG's provide a vital layer of trustworthy (theoretically) authentication and consistent (theoretically) grading - except that they seem to have realized they're for-profit institutions and have, like most of business, abandoned everything except the bottom line as a business goal.
     
    Travlntiques likes this.
  10. Rheingold

    Rheingold Well-Known Member

    The coin is sold:banghead:
     
    C-B-D likes this.
  11. Treashunt

    Treashunt The Other Frank


    To someone whose glasses are thicker than mine
     
    Travlntiques and SuperDave like this.
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