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<p>[QUOTE="1865King, post: 7844647, member: 103207"]I agree it's John's choice but, his choice is the wrong choice. I wouldn't worry about putting money in his pocket or loss of potential profits. What his action does is put money in PCGS and NGC'S pockets by having collectors crack out coins from other services and submit them to either PCGS and NGC and then on to CAC so his profits go up. It's called cornering the market. </p><p><br /></p><p>I have no problem with the idea of CAC. I have a problem with how it excludes other services. A coin that's accurately graded as MS 63 no matter which service is still an MS 63 so it should not make a difference which grading service certified it. I admit I wouldn't want 10 grading companies but, making it look like the only coins that are graded properly are in either a PCGS or NGC slab is misleading. Expanding CAC to other grading services may force other services to fine toon their grading. If that happened it would be a plus to the collector world. </p><p><br /></p><p>I would like to add that the grading services provide a lot of stability in the collector world no matter what you collect. Before these services there were a lot of scumbags selling coins and cheating the collectors. Their still out there but not like in the past.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 7844647, member: 103207"]I agree it's John's choice but, his choice is the wrong choice. I wouldn't worry about putting money in his pocket or loss of potential profits. What his action does is put money in PCGS and NGC'S pockets by having collectors crack out coins from other services and submit them to either PCGS and NGC and then on to CAC so his profits go up. It's called cornering the market. I have no problem with the idea of CAC. I have a problem with how it excludes other services. A coin that's accurately graded as MS 63 no matter which service is still an MS 63 so it should not make a difference which grading service certified it. I admit I wouldn't want 10 grading companies but, making it look like the only coins that are graded properly are in either a PCGS or NGC slab is misleading. Expanding CAC to other grading services may force other services to fine toon their grading. If that happened it would be a plus to the collector world. I would like to add that the grading services provide a lot of stability in the collector world no matter what you collect. Before these services there were a lot of scumbags selling coins and cheating the collectors. Their still out there but not like in the past.[/QUOTE]
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