New coin grading service!

Soon there will be five major TPGS's. True, false, what do you know?

PS Will someone post this on the other forums so we can find out something. Thanks.

 

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You already posted on CAC. I would think you could post on NGC and CU (PCGS) can't you, and any other forums? What for, is anyone's guess.
Name the 4 "major" TPGs to avoid confusion of your definition of "major".
Is ability to submit the grading service product...any grading service product... to CAC a criteria for "major"?

 

So, ANACS and ICG are, but SEGS still isn't, right?

I'll wait with bated breath for the announcement. <puff> OK, holding my breath is overrated. But I will be watching with interest.

 

OK, what is it

 

Yes, the Big Four (and only ones eBay allows to list grades for) are PCGS, NGC, ICG and ANACS. SEGS doesn't meet eBay standards. I wonder if SEGS has made changes that will allow them to join the other four? That would be interesting. This is from 2012:
Listings for coins will be allowed to include a numeric grade in their listing title or item description only if the coin grading company providing the grade meets certain objective standards. Coins that haven’t been graded by such companies will be considered raw or ungraded.”

In the press release, Brooke Segaran, eBay’s senior manager of collectibles, is quoted as saying, “The coin industry is extremely dynamic and exciting, and eBay’s goal is to continue to offer new ways for collectors to connect with dealers in the most trusted experience possible.”

The auction company worked with John Albanese, founder of Certified Acceptance Corp. and Numismatic Consumer Alliance, to develop the standards for third-party grading services that must be met for listing coins as “certified” on eBay.

Under the new rules, grading services must meet the following criteria:

The company must have graded at least 50,000 pre-1956 coins.

The grading service must possess a live, online population report.

The company must employ at least three graders on its staff who are considered “numismatic experts” (according to the eBay policy, “an individual who has been a full-time numismatist for at least five years”). At least one of the three graders should be a member of Professional Numismatists Guild and all three should be members of the American Numismatic Association.

The firm must have a stated buyback guarantee in writing for coins later determined to be counterfeit, damaged, over- or mis-graded, or misattributed.

Coins being encapsulated must be kept in “unique, state-of-the-art, tamper-resistant holders with anti-counterfeiting measures” (for example, holograms). Archival materials should be used wherever possible.

The company must enable online verification of unique serial numbers on its holders.
https://www.coinworld.com/news/precious-metals/varied-reactions-in-response-to-new-ebay-coin.html

 

FTR, I agree with FloridaFacelifter.

 

I don't know squat.

 

True.

I am launching the Cronin Coin Certification Program, however it is only for U.S. Mint error coins. I have attached a sample slab.

Here are some drastic improvements with my TPG:

1. No abbreviations on the label. No more "Pl" for "Planchet" or "D/S" for "Double Struck, etc. If the coin has multiple errors, the size of the slab will be increased to accommodate that so nothing is left off.

2. The slab pocket or "bubble" where the coin rests in no way blocks or interferes with viewing any part of the coin, including the edges. It is now always wider than the coin itself and tapers inward, which makes no contact with the coin yet it also won't spin around. I am sick and tired of TPGs blocking the dates with the "prong" type and coins shifting around inside the slab.

3. The weight will ALWAYS be on the label for all coins.

4. If a coin is the wrong metal, stock, or the composition is not within tolerance, the percentages will be on the label.

5. Any mistakes on a label will be the company's responsibility to make it right, which includes to/from shipping, and your coin jumps to the front of the line.

6. Anyone who submits a coin he/she thinks is a genuine error but it is clearly damaged (e.g. zinc rot, vise jobs, etc.) will have their bank accounts seized and sent to a re-education camp to learn the basics.

 

I love camp! Will there be canoeing? That's my favorite!

 

So never having graded or authenticated any paid submission for their services rendered immediately catapults this currently non existent company into the lofty ranks of 'major' TPG?

I would hold off on that label until the company proves their abilities, professionalism, service and consumer acceptance.

 

CCCP sounds commie, to me.....

 

LOL. Anyone a member of Dealers Helping Dealers forum? Maybe someone over there knows if this rumor is true or false.

PS Joe, good luck on your new company.

 

We accept rubles only.

 

Could it be Ed Wood? https://www.cointalk.com/threads/my-new-facility.300480/

 

OMG Where has Ed been ....I recall he loved Aruba......I also recall his home office didn't have a bathroom
I guessing Ed modeled his business structure off of Amazon's. Where male employees were given a choice of a rubber band or paper clip for the duration of their shift....unfortunately ladies as usual you had only a cork offered....However maybe ....depends should you ever unionize

This image has been reproduce for educational purposes only.... one should TCB before visiting... like an EST seminar no potty breakes allowed.

https://en.m.wikipedia.org/wiki/Erhard_Seminars_Training

 

I was considering a new "bean" certification sticker for "choice for the grade" counterfeits in one of the current top 4 TPG's genuine slabs...

 

I know there's only 2 major grading services.... the rest just wannabe 's... they offer rock bottom prices ..for hit or mostly miss results.

 

Great album!

 

PCGS and NGC in that order just take
a look at what’s out there, I would say
ANACS next then IGC but I would consider those TPG,S allot less desirable.