25C - 2019 W - San Antonio - Accidental Early Release

Discussion in 'US Coins Forum' started by paddyman98, Aug 24, 2019.

  1. paddyman98

    paddyman98 No Common Cents! Supporter

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  3. furryfrog02

    furryfrog02 Well-Known Member

    Oops.

    Hope I can find (or trade) the 4 I need for my collection.
     
    paddyman98 likes this.
  4. Histman

    Histman Too Many Coins, Not Enough Time!

    As soon as they come out I will be looking to trade for them also.
     
  5. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Interesting is that PCGS is not awarding the 1st find money nor starting the early release clock.
     
    CJMCA likes this.
  6. funnycoins

    funnycoins no strike, no balls,no outs. Just give me an hour

    That's because PCGS got caught at their own rip-off "you have to grade them" game. Anything graded is and has always been a scam to increase certain individuals collections' values and manipulate a market they created! IMHO nah Fact Jack! Read up on their history and who all has sat on their board who are now multi-millionaires and you know who you are! Then study the Hobby of Kings and realize how it was done b4 TPG's took control of a hobby. Then see Websters definition of "hobby". How do you assign a grade to a coin that doesn't yet exist?
     
    Last edited: Aug 25, 2019
  7. funnycoins

    funnycoins no strike, no balls,no outs. Just give me an hour

    Of course many collectors weren't buying, much less born yet when this happened. Also a fact PCGS opened in 1985. Collectors Universe (parent company) was open for business in 1986 with one of their first acquisitions being PCGS. And their (CollectorsUniverse)President was the same as the head Founder of PCGS. Good business, maybe, created a billion dollar business from a mere hobby? Definitely! Go through PCGS published Price Guide and Newsletters and see how much of this they mention,,,,https://web.archive.org/web/2012110...90/08/17/business/coin-grading-complaint.html

    Collectors Universe Inc.
    Type
    Public
    Traded as NASDAQ: CLCT
    Russell Microcap Indexcomponent
    Industry Business Services
    Founded 1986
    Headquarters
    Santa Ana, California
    ,
    United States
    Key people
    Robert G. Deuster
    ( Chief Executive Officer, and Chairman)
    David G. Hall
    ( Chief Operating Officer, President, and Director)

    Joseph J. Wallace ( Chief Financial Officer, and Principal Accounting Officer) (June 30, 2014)
    Revenue $ 60.57M (June 30, 2014)
    Number of employees
    283 (June 30, 2014)
    Website www.collectors.com
     
  8. LA_Geezer

    LA_Geezer Well-Known Member

    I've resisted TPG coins, although a fellow TC member had two of mine certified for me earlier this year. My opinions don't always jibe with many of the conventional wisdom folks' here, but I must admit that when it comes to certain higher-valued items, it makes sense to restrict purchases to those that have already been certified.
     
    PlanoSteve likes this.
  9. UncleScroge

    UncleScroge Active Member

    So, did this guy get the PCGS 'bounty' or not?
     
  10. RonSanderson

    RonSanderson Supporter! Supporter

    Well, PCGS did turn 50 cents of his pocket change into well-advertised numismatic rarities with a population count of two, so they certainly did something for the guy.

    You can’t expect them to pull the rug out from under their own advertising promotion by awarding the prize before anyone else even has a chance to start looking.
     
    Last edited: Aug 25, 2019
  11. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Not

    But supposedly he has a couple more to postmark on the 26th
     
  12. Heavymetal

    Heavymetal Well-Known Member

    Rip-off? @funnycoins Did ya run that one past your attorney?
     
  13. Casman

    Casman Active Member

    Seems odd they still have not announced a winner, nor started the clock.
     
  14. Conder101

    Conder101 Numismatist

    I believe most if not all of them were multi-millionaires before PCGS was founded.

    1986

    And Collectors Universe was most likely created to BE the owner of PCGS and later other companies. This is not unusual for large corporations. It isolates and limits the liabilities of the officers and board. Same reason why most new businesses now incorporate as LLC's rather than stand as partnerships or sole proprietorships.
     
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