Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
An example of "grade-flation" lowering specific grade market values
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 3587358, member: 26302"]Yes, cross membership of Board involvement happens quite a bit. However, it is reviewed by the SEC if the net affect of said cross membership could have negative consequences to consumers. If two firms thought to be independent of each other, (like one judging quality of work of the other), one can easily see possibility for fraud or ulterior motives. I would say ANY competitive interaction between CAC and any major grading firms would be highly suspect if it exists. How could collectors trust either party if they were secretly collaborating together when CAC is supposed to be policing the other? It would be like criminals being able to hire District Attorneys to provide legal advice for them. </p><p><br /></p><p>Btw, I am NOT saying this happens, but one member has asserted it here, and another has belittled that assertion without telling us he has inside knowledge proving it to not be true.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3587358, member: 26302"]Yes, cross membership of Board involvement happens quite a bit. However, it is reviewed by the SEC if the net affect of said cross membership could have negative consequences to consumers. If two firms thought to be independent of each other, (like one judging quality of work of the other), one can easily see possibility for fraud or ulterior motives. I would say ANY competitive interaction between CAC and any major grading firms would be highly suspect if it exists. How could collectors trust either party if they were secretly collaborating together when CAC is supposed to be policing the other? It would be like criminals being able to hire District Attorneys to provide legal advice for them. Btw, I am NOT saying this happens, but one member has asserted it here, and another has belittled that assertion without telling us he has inside knowledge proving it to not be true.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
An example of "grade-flation" lowering specific grade market values
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...