PCGS forum deletes member accounts

Exactly, there's no point to doing it unless you are making money and if you are that good and figured out a nice living like that you won't be running around telling people about it.

That was really the point which I probably could have made better from the start. I think a good way to look at it would be something like Warren Buffet and the stock market if you think the story is legitimate. He isn't going to tell you to buy what he is hoping to acquire to make money off of, he is going to get what he needs first and then speak up. People that figured out a way to make a lot of money almost never share it especially with strangers.

 

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Jeez

 

She must have government experience or something.

The fact that all of this debate is now in the public domain will go to show that the future PCGS has something to hide. I’m not sure how that will restore confidence.

By “the end of the coin business” does she mean a serious blow to the values of MS-65/66/67/68/69 graded classic US coins? That is such a small sector that only a few individuals (including herself) would be affected. The coin business will go on as there is plenty of other material not affected by grade creep. She is overreacting.

That raises the question: do grades expire? Does there come a point when the grade in a slab is no longer valid and must be updated? (Excluding NGC’s policy on copper coins)

 

It is surely portrayed that way. And it's a pretty sad business model to go against a grade that you previously hung your hat on. This shows that they could careless about the actual grade of a coin. They only care about their pocket books and their top tier followers. I find it comical that their "NEW" standard, "NEW" way of business is to hide any previous wrong doings.
Most business's strive for excellency, and are transparent.
But for the past 15 or so years they have thrown ethics right out the window.

 

GDJMSP, posted: "And yeah, I know there's gonna be some who give a resounding - YES !"

I hope so because t the IGNORANT icon is my favorite and I don't get to use it much.

 

I would argue that it expires if someone has tampered with the slab (like when edynamicmarketing gasses coins in slabs). However, without a photo of what the coin used to look like or some technology to show tampering, it would be difficult to prove.

 

I meant if the grade on the slab no longer reflected it’s grade in the market due to ever-shifting standards, has the slab grade “expired”?

 

I'm a guy on the outside looking in. I don't care for plastic, nor do I care for someone putting an outrageous price on something because of the plastic packaging.
I've read all of this thread and many more like it, even joined in on a couple, but from my vantage point, I see people scrambling to save face and money. God forbid that the almighty TPGs have taken advantage of the very people who worship them.

 

Because you present it like they just flip a coin to see how loose they should be that day, that everything is looser, and that everything from the start would or has upgraded which simply is not the case at all.

People generally push back against the extreme stance that you take with it not that it has never evolved. The scale itself isn't even the same as it was 40 years ago as grades have been added so less things are getting rounded now a days and plenty of early slabs have downgraded or been deemed to be details grades now.

 

Wait for it!......

 

You're not wrong on changing standards. I believe that most of the naysayers only buy certified coins and have not submitted any for grading or if they submit, they do so only rarely. Those who submit regularly usually agree.

 

You think you finally know how they grade, and you get consistent results for a while. Then things change and you have to relearn the new stardards. I’m sure it gets fairly frustrating after a while.

 

Listen to this one, I got a reply email from pcgs this morning from an email that I had sent them in November. It was tracking shippment email that was delivered in November. Im still not sure why they replyed three months later. Im always disappointed with the services and not to mention their arrogance. The amount of money it costs with pcgs you would think they could at least be nice and pleasant to the customers...

 

The previous president was a jerk. I think the new guy is making improvements even if he has been neutered by the corporate board.

 

I dont even go on pcgs' forum anymore..

 

That is a shame. The quality of the posters there is superb overall.

 

So the folks I believe are being paid by PCGS to defuse criticism of the company within the community are really just victims of a numismatic Stockholm Syndrome?

 

I never spent much time there if I’d been there much I’d have been banned. Hey I’ve been kicked off here more than once