Any speculation on PCGS's upcoming "BIG" announcement?

Discussion in 'Coin Chat' started by jeffusa, Mar 18, 2010.

  1. jeffusa

    jeffusa Member

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  3. Here is my guess: They signed a contract with the US Mint to be their official grader and starting 12/21/12 all coins sold to collectors by the mint will be PCGS certified. :whistle: TC
     
  4. illini420

    illini420 1909 Collector

    my prediction is that it will be no where near as big as it is being hyped up to be and it'll end up costing me money somehow... hopefully i'm wrong :)
     
  5. Mat

    Mat Ancient Coincoholic

    Would be nice if it was lower fees or something.
     
  6. rlm's cents

    rlm's cents Numismatist

    I will tell you what, I will bet you that you are no worse than 50% wrong.
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    Lower fees across the board would be nice!! :)
     
  8. Lehigh96

    Lehigh96 Toning Enthusiast

    I have read a few threads about this topic but have never responded, until now. I have a feeling that it will be something that satisfies consumer demand while at the same time opens a whole new source of revenue for already graded coins.

    My guesses are a universal strike designation across all series or an eye appeal rating designation similar to the star designation for NGC.
     
  9. OCOPR48

    OCOPR48 Member

    Digital scanning and grading, for a "FEE".
     
  10. krispy

    krispy krispy

  11. rlm's cents

    rlm's cents Numismatist

    Yes, I heard that they were getting a lot of publicity from just spreading rumors. I think that means their ad campaign is working.
     
  12. yakpoo

    yakpoo Member

    I see that...

    and...

    My guess is they came up with some sort of method to automate the coin grading process which will...

    1. Save PCGS $$$.

    2. Provide a more consistent grade for the consumer...or create grade shred-outs within a grade.
     
  13. jeffusa

    jeffusa Member

    That could be it but isn't one of the grading companies already doing this?
     
  14. Conder101

    Conder101 Numismatist

    Yes two of them are, but PCGS hasn't always been known for being an innovator.

    Photo look up for every coin? (already done by NGC and DGS)
    Changing the slab to make it more counterfeit resistant? (Done by NGC)
    RIF chip in the slab to make it scannable? (No one has done this one but it has been discussed pro and con for over two years.)

    Frankly I wouldn't see the first two as being "BIG". The third possibility is "bigger" and has other potential for revenue enhancement if you can only get the chip readers from PCGS, and/or a fee for access to the scanner database.
     
  15. yakpoo

    yakpoo Member

    Well, whatever it is...is gonna be "demonstrated" at the American Numismatic Association National Money Show™.

    Now...what could this "BIG" thing be if it can be demonstrated?
     
  16. Conder101

    Conder101 Numismatist

    Either a photo look up or an RIF scanable slab with or without and online verification could be demonstrated.
     
  17. RiverGuy

    RiverGuy Tired and Retired

    I got a "newsletter" from CAC for collector-members saying that PCGS was going to provide a more detailed grade report. Something on the order of NGC's "star" designation crossed with the CAC's analysis of 3 tiers. Maybe an A,B,C breakdown.
     
  18. Conder101

    Conder101 Numismatist

    That would be back to a repeat of what ANACS did back in 1986
     
  19. chumpchange

    chumpchange Junior Member

    I think they are going to start grading coins over the phone. You want your coin graded? Just call them up, answer a few questions about your coin with an automated operator and wait for your slab to arrive in the mail. Just don't forget to send them their payment. :p
     
  20. yakpoo

    yakpoo Member

    I KNOW...I KNOW!!! It's an automatic grading machine like CoinStar! :hail:

    Not THAT would be BIG! You drop your coins in a hopper and they come out the bottom in graded slabs! :D
     
  21. krispy

    krispy krispy

    ...and the PCGS Automat will be at every Walmart right next to the new Dr. Scholl's Custom Fit™ Orthotic Inserts machine. "Are you gellin'?":hammer:
     
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