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<p>[QUOTE="Lehigh96, post: 849834, member: 15309"]At least I found an oasis of reason in this thread of cyncism. I agree with Breakdown completely and emplore everyone to keep and open mind about the new service until they have the opportunity to use the service before rendering judgement.</p><p> </p><p>Given the price structure involved and the fact that the price guides have already been established, it seems logical that PCGS designed this service for dealers to submit what they perceive as PQ (premium quality) coins. Just as the TPG's leveled the grading playing field with their inception in the 80's, this service will level the PQ playing field.</p><p> </p><p>How many times have you seen a dealer list a coin a PQ with a premium price tag. Of course you had no guarantee that the coin was PQ, it was just that one dealers opinion. This service will put PCGS's stamp of approval that the coin is PQ for the assigned grade and deserved of a premium price. Currently, dealers have a hard time moving PQ inventory unless they have a very knowledgeable collector base that is able to recognize premium quality when they see it and willing to pay premiums for it. This service will make PQ coins much more liquid in the marketplace and I imagine that dealers who have PQ coins in their inventory will gladly spend the increased submission fee to ensure both the higher price and increase liquidity.</p><p> </p><p>The laser security feature seems like a gimmick to me since from my understanding that it only applies to coin identification and has no impact on the grading. However, if the laser feature can be proven to assist in counterfeit detection and help weed out he crap coming from China, it may become very worthwhile in the future.</p><p> </p><p>Regarding the CAC, I am interested to see how they will handle the plus designated coins. It would seem to me that if a PCGS plus coin is good for the assigned grade according to the CAC, it should merit a gold sticker. If a PCGS plus coin had only a green sticker it would mean to me that the CAC did not agree with the PQ status but did agree with the coin being good for the grade.</p><p> </p><p>In the end, I will reserve my judgement of the service until I have had a chance to use and personally evaluate it.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 849834, member: 15309"]At least I found an oasis of reason in this thread of cyncism. I agree with Breakdown completely and emplore everyone to keep and open mind about the new service until they have the opportunity to use the service before rendering judgement. Given the price structure involved and the fact that the price guides have already been established, it seems logical that PCGS designed this service for dealers to submit what they perceive as PQ (premium quality) coins. Just as the TPG's leveled the grading playing field with their inception in the 80's, this service will level the PQ playing field. How many times have you seen a dealer list a coin a PQ with a premium price tag. Of course you had no guarantee that the coin was PQ, it was just that one dealers opinion. This service will put PCGS's stamp of approval that the coin is PQ for the assigned grade and deserved of a premium price. Currently, dealers have a hard time moving PQ inventory unless they have a very knowledgeable collector base that is able to recognize premium quality when they see it and willing to pay premiums for it. This service will make PQ coins much more liquid in the marketplace and I imagine that dealers who have PQ coins in their inventory will gladly spend the increased submission fee to ensure both the higher price and increase liquidity. The laser security feature seems like a gimmick to me since from my understanding that it only applies to coin identification and has no impact on the grading. However, if the laser feature can be proven to assist in counterfeit detection and help weed out he crap coming from China, it may become very worthwhile in the future. Regarding the CAC, I am interested to see how they will handle the plus designated coins. It would seem to me that if a PCGS plus coin is good for the assigned grade according to the CAC, it should merit a gold sticker. If a PCGS plus coin had only a green sticker it would mean to me that the CAC did not agree with the PQ status but did agree with the coin being good for the grade. In the end, I will reserve my judgement of the service until I have had a chance to use and personally evaluate it.[/QUOTE]
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