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<p>[QUOTE="calcol, post: 7332248, member: 77639"]Actually, I don’t think NGC and PCGS stickering each other’s slabs would be anticompetitive. It would only be anticompetitive if they colluded on price and would be fraud if they colluded (different from agreeing) on grade. They would still compete to have coins, either raw or in the competitor’s slab, sent in for grading. I think the reason they don’t do it is pride and perception that the company whose slab the coin was in would be considered more important that the company who just had a sticker on the slab.</p><p><br /></p><p>When CAC started, if NGC and PCGS had gone to the option of having a sticker on the other guy’s slab for a crossover, CAC might not have succeeded. Wouldn’t you rather have a grade established by both leading TPGs rather than one of them and a start-up company? It still might bring in more bucks to NGC and PCGS now, but it’s too late for that tactic to put CAC out of business. And (shudder!) if they started it, a lot of collectors would feel they needed the grade approved by all three companies.</p><p><br /></p><p>Instead NGC and PCGS went to the ridiculous and unneeded + grades (as if 11 uncirculated grades weren’t enough!). This didn’t crush CAC because it was still just one grading company’s opinion rather that a confirmation by a different company.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 7332248, member: 77639"]Actually, I don’t think NGC and PCGS stickering each other’s slabs would be anticompetitive. It would only be anticompetitive if they colluded on price and would be fraud if they colluded (different from agreeing) on grade. They would still compete to have coins, either raw or in the competitor’s slab, sent in for grading. I think the reason they don’t do it is pride and perception that the company whose slab the coin was in would be considered more important that the company who just had a sticker on the slab. When CAC started, if NGC and PCGS had gone to the option of having a sticker on the other guy’s slab for a crossover, CAC might not have succeeded. Wouldn’t you rather have a grade established by both leading TPGs rather than one of them and a start-up company? It still might bring in more bucks to NGC and PCGS now, but it’s too late for that tactic to put CAC out of business. And (shudder!) if they started it, a lot of collectors would feel they needed the grade approved by all three companies. Instead NGC and PCGS went to the ridiculous and unneeded + grades (as if 11 uncirculated grades weren’t enough!). This didn’t crush CAC because it was still just one grading company’s opinion rather that a confirmation by a different company. Cal[/QUOTE]
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