Breaking news at PCGS

Discussion in 'Coin Chat' started by okbustchaser, Sep 19, 2018.

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  1. HAB Peace 28 2.0

    HAB Peace 28 2.0 The spiders are as big as the door

    Maybe he was falsely accused by NGC? Hmmm??
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator


    Let's be more serious than that. The air has to come out of the ASE / AGE / moderns bag sooner or later, and when it does, what's left?

    The handwriting was on the wall when they created the programs for moderns and bulk submissions to keep their graders employed in between the dwindling submissions of classic coinage.

    Now that the increasing populations of graded modern coins are beginning to excite collectors / dealers a little less about submitting them, they too will recede . . . then what?

    Yes, I wrote finite, and that was not an oversight . . . I meant it.
     
    Rheingold and Paul M. like this.
  4. C-B-D

    C-B-D Well-Known Member

    I'm just saying that when the new silver eagles come out, my classic coinage orders slow way down. There's a reason they call it "Silver Eagle Season." They are slammed with coins.
     
  5. Santinidollar

    Santinidollar Supporter! Supporter

    PCGS and the related grading services provide a popular service. That doesn’t mean they make a good public company, as my favorite (and sharp) financial adviser has pointed out.

    He would point to GoPro (popular product) and Twitter (popular service) as companies that have been miserable on the stock exchange.

    A good product or service doesn’t automatically translate into a good, investible company.
     
  6. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    I think the most surprising part is the suddenness of it. No plan of succession, no prepping the hobby for it.... No, it's just "he was replaced yesterday. "
     
    EyeAppealingCoins and Paul M. like this.
  7. heavycam.monstervam

    heavycam.monstervam Outlaw Trucker & Coin Hillbilly

    Breaking news- It was just a typo, or mechanical error. David Hill was the terminated employee , not David Hall.:woot:
     
  8. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Well played. :)
     
    HAB Peace 28 2.0 and Jaelus like this.
  9. Evan8

    Evan8 A Little Off Center

    Maybe Laura Sperber will talk about it on her website at some point.
     
  10. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Hence, new offices in new countries. Or they could always start slabbing all those 15 cent Red Book value coins that our newbs keep thinking are worth having graded, just because they look a little better than the road rash they usually obsess over.
     
    Last edited: Sep 19, 2018
  11. ldhair

    ldhair Clean Supporter

    I hate to hear this. I like the guy. Big step for PCGS.
     
  12. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I have never been among his fan base, as frequent readers here will instantly know. I have no inside info on why he has never been the subject of an ANA Legacy Series interview, but I doubt it’s the result of an oversight.
     
  13. TheFinn

    TheFinn Well-Known Member

    Or slab the damaged coins as "Fantasy Error" pieces.
     
  14. Santinidollar

    Santinidollar Supporter! Supporter

  15. baseball21

    baseball21 Well-Known Member

  16. tammiGee

    tammiGee Active Member

  17. justafarmer

    justafarmer Senior Member

    2016 - 60.95 million total revenue – Hall’s family acct for 2.038 million – 3.4% total revenue
    2017 – 70.16 million total revenue – Halls’ family acct for 2.191 million – 3.1% total revenue
    2018 – 68.45 million YTD revenue – Hall’s family acct for 1.938 million – 2.8% total revenue

    Question remains as to how many outstanding shares do he and family own?
     
    Paul M. likes this.
  18. baseball21

    baseball21 Well-Known Member

    He was down to about 400k shares at the end of last year. Why?
     
  19. Gregg

    Gregg Monster Toning

    I might buy some shares in the Hall family.
    Sounds like they're doing really well.
     
  20. Clawcoins

    Clawcoins Damaging Coins Daily

    coming soon ... K.B.P.G.S. ?? :wideyed:
     
  21. messydesk

    messydesk Well-Known Member

    Diversification?
     
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