The Company Formerly Known As NGC

Discussion in 'Coin Chat' started by Kentucky, Sep 1, 2023.

  1. Vess1

    Vess1 CT SP VIP Supporter

    lol
     
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    You can question the motivation of these "new collectors", and you can question their chances, but you can't question that they represent a revenue stream. And we are talking about a company that's owned by a hedge fund.
     
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  4. chrissy1955

    chrissy1955 Member

    NGC has turned the corporate corner. Their desire to sell, sell, sell has made them just another corporate entity committed to profit over anything else.
     
  5. johnmilton

    johnmilton Well-Known Member

    It might be because sports cards and comic books are graded on the 10 point scale.
     
    Kentucky likes this.
  6. Vess1

    Vess1 CT SP VIP Supporter

    This is exactly why. As well as sports cards and other collectible cards. Now that this has been out for a few years, I don't know that it has really affected the market. I have no desire to change from the Sheldon scale. I don't own any of them and don't feel it has as of yet amounted to much but I could be wrong.

    If it eventually goes by the wayside, there'll be a big push some day to get coins out of those holders into normally graded ones. Whatever the market does, seems like NGC wins either way.
     
  7. princeofwaldo

    princeofwaldo Grateful To Be eX-I/T!

    Can I submit a 1916-S Half Eagle and get a label saying "Last Year of Issue Before a 13 Year Pause With Production Resuming in 1929"?
     
    masterswimmer and -jeffB like this.
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