Nice move by NGC

A lot of folks joined together to help the family. It's cool that the TPGs joined in on the kindness. They just wanted to help and had the skills to help restore the collection. Not many are able to do this type of work without damaging the coins even more.
It's inspiring to see people get together and do something like this.

 

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I agree with those that feel that this was a good thing that NGC and PCGS did. Unfortunately, this isn't always the case and probably has happened now because of the scope and publicity of the Paradise fire. I wonder if there were any other, smaller time, collectors who had slabs destroyed in this fire. Did anyone reach out to them.

I always have had issues with the responses to natural disasters. Those that are large scale and newsworthy get attention. Being a retired meteorologist I always thought that getting government help only after a populated area was declared a natural disaster was unfair to rural areas and the few who experience the same disaster but get no help. I've witnessed many tornadoes and wildfires that have destroyed farms and homes away from any population without hardly a mention from the national media or state and national government. The only thing those people had to help them were a few neighbors or insurance (if they were lucky enough to afford it).

Enough rambling. I guess my point is that it's a good gesture but would be better if this was their policy for everyone in a similar situation.

 

This doesn't seem feasible or practical at all to me. How can a company police that? They'd have to have an investigative team to detect fraud, etc. Anyway, they are a for profit company. Saving all coins from natural disasters and/or bizarre accidents for free could bury a company (especially when you factor in the people, time, and resources to police such a policy). As aside, I'd say that the citizens who raised over $12k for the man did more than NGC or PCGS. Also, collectors can buy insurance for things like this at fairly reasonable rates from companies like Hugh Wood.

 

I think you missed my point here. I'm not going to jump on their bandwagon here just because they helped one bigger collector.

 

I agree, it would be way too easy for people to take advantage of that

 

Exactly. I think the deed was great, but we should not overlook the size of his collection, his activity, and publicity. As quick as @C-B-D pointed out, being charitable is not generally a feasible thing. That’s why I believe this exception was intentional. That is, of course, just my opinion.

 

Not sure why some people feel the need to try and diminish a great act by PCGS and NGC

 

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Where is the act being diminished? I’m simply questioning the motive. Big difference.

 

Calling it a stunt for PR is certainly diminishing it

 

Okay. Are you done stomping your feet about it? I didn’t see any policy to help all people affected by the fires. This is really boring. I already get you disagree. If you don’t have anything new to say, I’ll be on my way.

 

I don't think we are trying to diminish it; just trying to put it in perspective. My guess is that he's done a lot of business with both companies so they feel a bigger bond with him and his previous business. Of course both companies can't do this for every coin they have slabbed. Otherwise, the cost to those who submit coins would have to go up to cover their costs. Being purely charitable is doing a kind act without making press releases about it. Otherwise, one can't complain when people question their motives.

 

Why does a good deed for someone who lost essentially everything have to be put into perspective?

NGC decided to do a press release but I haven't seen any press release from PCGS about it

 

It was more than diminishing. It was insulting. Some people can't see the good in anything.

 

Are we done being outraged here? Seriously guys, you're beating a dead horse. It's okay that you don't agree with me, but no need to attempt to generalize me with some ridiculous negative stereotype simply because I don't see the world through your rose-colored glasses. I'm okay with agreeing to disagree, you should be too.

 

He is a member on the NGC forum also, but nobody over there could be considered "active" at this point.

 

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Joe is a very nice guy...

 

FWIW, I agreed with your comment before you decided to erase it. It wasn't at all rude or anything, just an observation, IMO.

 

The more I thought about it, I was adding negative stuff to the thread.