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<p>[QUOTE=&quot;Leadfoot, post: 627847, member: 2972&quot;]Thank you for the long and well-thought-out (IMO) response.&nbsp; However, I don&#039;t think you answered my question....</p><p><br /></p><p><br /></p><p><br /></p><p>The TPGs typically give one of 9 &quot;canned&quot; reasons for a bodybag.&nbsp;&nbsp; (See this link for details <a href="http://coins.about.com/od/coingrading/f/pcgs_genuine.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.about.com/od/coingrading/f/pcgs_genuine.htm" rel="nofollow">http://coins.about.com/od/coingrading/f/pcgs_genuine.htm</a> ).&nbsp;&nbsp; These canned responses are nowhere near as verbose as the descriptions I received for the coins I sent to the CAC.&nbsp;&nbsp; For instance, had the TPGs caught the puttied coin, it would have come back likely with something like &quot;altered surfaces&quot;.&nbsp; Yet I received the (key) information &quot;puttied obverse&quot;.&nbsp; Which as a collector would you place more value in?</p><p><br /></p><p><br /></p><p><br /></p><p>Again, how is this any different from a coin that was bagged by the TPGs, then broken out and sold raw, or to use Mark&#039;s example, a coin which was sent to a TPG to cross, but did not?&nbsp; In both cases the coin has a &quot;history&quot; of being sent to a 3rd party for review and this information is not available to other parties.&nbsp; If there is an argument for deception and fraud, it is with the seller doing the deception, not the 3rd or 4th party grading firm, IMO.</p><p><br /></p><p>And by the way, it is my understanding that the CAC does have a way to track submissions, and a coin that has failed to gain a sticker once is not charged a second time if re-submitted in ignorance of the prior submission*.&nbsp; Compare that with the policy of the TPGs -- which will gladly allow the transitive nature of subjectivity grading to maximize the grade of coin upon resubmission (and collect grading fees each and every time), yet tell the collecting public absolutely nothing about prior results.</p><p><br /></p><p><i>* = edited to add = Contrary to the information I received from another collector and posted above, I&#039;ve received a PM from someone who has been charged for the 2nd submission, so there is conflicting information on the CAC policy on charging for a 2nd submission.</i></p><p><br /></p><p><br /></p><p><br /></p><p>And I will submit none of the scenarios you described are materially different from the TPGs.</p><p><br /></p><p><br /></p><p><br /></p><p>I&#039;m still waiting for the first &quot;open hole&quot; that isn&#039;t present in 3rd party grading.&nbsp; Hand waving and carefully crafted sentences do not make for a rational argument -- and an argument which nets out to &quot;the coin market is going to crash, and the CAC better watch out because someone&#039;s going to point the finger at them&quot; isn&#039;t a rational argument, in my opinion.[/QUOTE]</p><p><br /></p>

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