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A modest proposal: one coin, one slab, one grade from both NGC and PCGS
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<p>[QUOTE="calcol, post: 2565912, member: 77639"]One way exclusivity of registries could be less of a problem for collectors and TPGs would be for NGC and PCGS to offer a sticker option for crossover grading. At the option of the submitter, when a coin crosses, a sticker indicating agreement with the grade could be put on the existing slab instead of reslabbing the coin. Say a MS64 PCGS Morgan is submitted to NGC for grading. At the option of the submitter, NGC would place a NGC sticker on the slab if their graders think the coin is MS64 or better. The NGC sticker would have a NGC cert. no. on it. Vice versa for a NGC coin submitted to and successfully crossed by PCGS.</p><p><br /></p><p>Such dual-graded coins could be entered in both registries if desired. A policy like this would generate a big burst of coins submitted to both services as many collectors would like to have coins certified by both. The services could charge the same for crossover with reslabbing or stickering, but the latter would less costly for them. It would probably take some business from CAC. If a coin is certified by both NGC and PCGS, how much need would there be for CAC certification? </p><p><br /></p><p>The services already sticker GSA holders, so they can't say they don't have the technology to sticker each other's slabs. They might have to consider slabs from other services to avoid antitrust accusations, but that is something for their legal departments to determine.</p><p><br /></p><p>One thing the services should avoid is putting a grade on the sticker. The sticker should simply indicate that the grade is equal to or better than the one on the slab label. Under no circumstances should the sticker have a grade different from the one on the slab label, either explicitly or implicitly by a different color label. This would lead to endless confusion and extra work. A coin graded MS63 by one service and MS64 by the other would probably by advertized by sellers or auction houses at the higher grade. Buyers and bidders would have to read the small print (if provided) to see the lower grade.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 2565912, member: 77639"]One way exclusivity of registries could be less of a problem for collectors and TPGs would be for NGC and PCGS to offer a sticker option for crossover grading. At the option of the submitter, when a coin crosses, a sticker indicating agreement with the grade could be put on the existing slab instead of reslabbing the coin. Say a MS64 PCGS Morgan is submitted to NGC for grading. At the option of the submitter, NGC would place a NGC sticker on the slab if their graders think the coin is MS64 or better. The NGC sticker would have a NGC cert. no. on it. Vice versa for a NGC coin submitted to and successfully crossed by PCGS. Such dual-graded coins could be entered in both registries if desired. A policy like this would generate a big burst of coins submitted to both services as many collectors would like to have coins certified by both. The services could charge the same for crossover with reslabbing or stickering, but the latter would less costly for them. It would probably take some business from CAC. If a coin is certified by both NGC and PCGS, how much need would there be for CAC certification? The services already sticker GSA holders, so they can't say they don't have the technology to sticker each other's slabs. They might have to consider slabs from other services to avoid antitrust accusations, but that is something for their legal departments to determine. One thing the services should avoid is putting a grade on the sticker. The sticker should simply indicate that the grade is equal to or better than the one on the slab label. Under no circumstances should the sticker have a grade different from the one on the slab label, either explicitly or implicitly by a different color label. This would lead to endless confusion and extra work. A coin graded MS63 by one service and MS64 by the other would probably by advertized by sellers or auction houses at the higher grade. Buyers and bidders would have to read the small print (if provided) to see the lower grade. Cal[/QUOTE]
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A modest proposal: one coin, one slab, one grade from both NGC and PCGS
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