Anyone want to own their own grading company?

Discussion in 'Coin Chat' started by rlm's cents, Oct 23, 2008.

  1. rlm's cents

    rlm's cents Numismatist

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  3. jazzcoins

    jazzcoins New Member

    I do own my own company,:):rolling: ANA official granding standards that's my company. all kiding aside No I would not want to have my own grading company I would not want to grade an Ms70 coin ,and have collectors be mad at me.

    Jazzcoins Joe:whistle::whistle:
     
  4. Vess1

    Vess1 CT SP VIP Supporter

    This just begs the question, "If it's so profitable, why are they selling it?"

    I would have no desire to buy this company if I could afford it. I'd go nuts grading coins all day for a living and it would probably ruin the hobby for me.

    Can you imagine grading US bullion coins for several hours straight? No thank you.
     
  5. rlm's cents

    rlm's cents Numismatist

    If you owned the company, you could grade anything you desired. If you desired, you could grade only CBH's minted in leap years. Might not be very profitable that way, but it would be your choice.
     
  6. Drusus

    Drusus Pecunia non olet

    So pay 50,000 dollars for something I could set up for real cheap by myself? If the company had a name and a reputation that would be another story. This guy put up a website, printed homemade logos, registered a name, bought some slabs, put together a few forms and wants to sell it like you are taking over some great business. Its a prepackaged coin grading business kit one can put together in a few days easily. I HAVE, can buy or can make everything they are selling in a few days...so if you are looking for a coin grading company, come to your pal Drusus and he will set you up with everything you need. ;)
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Yes because just like PCGS, NGC, ect...
     
  8. HandsomeToad

    HandsomeToad Urinist

    Looks to me like he got the idea from watching too many Infomercials. :rolleyes:

    Ribbit :rolling:
     
  9. mark_h

    mark_h Somewhere over the rainbow

  10. SuperEgo

    SuperEgo New Member

    Because they can make $50,000 in one swipe. Pretty good, if you ask me. And they probably got bored with it.
     
  11. HandsomeToad

    HandsomeToad Urinist

    They're probably unloading it since Ebay won't recognize them and they can't fully list their self-slabbed coins anymore. ;)

    Ribbit :cool:
     
  12. SuperEgo

    SuperEgo New Member


    ...That too.
     
  13. 900fine

    900fine doggone it people like me

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  14. Conder101

    Conder101 Numismatist

    I've never actually seen any coins from this service offered for sale, but I have seen the company offered for sale several times.
     
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