CGC for grading

Discussion in 'Paper Money' started by funkee, Apr 25, 2013.

  1. funkee

    funkee Tender, Legal

    Although they claim to be very conservative, I see them selling their own notes - which makes me suspect about being a third-party grader.

    This is the only site I could find for them: http://www.cgcnotes.com/

    Any thoughts?
     
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  3. Squaredeal

    Squaredeal Active Member

    any grading service that also engages in a market as a seller is clearly questionable AT BEST in terms of trustworthiness in my opinion.
     
  4. funkee

    funkee Tender, Legal

    They have slabbed some extremely rare and high-end notes. But I totally get what you are saying.
     
  5. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE

    never heard of them. even if i did i wouldn't buy any notes graded by them. pass :)
     
  6. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    I pass on them most of the time.
     
  7. eddiespin

    eddiespin Fast Eddie

    Yeah, funkee, that creates a conflict of interest. Either grade or deal, but don't do both.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    PCGS and PMG are the only games in town any other grading company is suspect at best!~
     
  9. Ladies First

    Ladies First Since 2007

    When a dealer sells a raw coin, doesn't s/he grade it first? (Of course that would make it an FPG, First Party Grader.)

    It seems like the site could be just hosting a F/S section for it's product.
     
  10. RickieB

    RickieB Expert Plunger Sniper

    For what it is worth....
    When I sold my collections, I had selected Heritage Auctions. Any note that was not in a PMG or PCGS Holder was cut out and submitted for re-grading. That in itself should ring the bell loud and clearly.
     
  11. eddiespin

    eddiespin Fast Eddie

    That's true. But this is the qualifier. A FPG isn't purporting to be an unbiased grader, while a TPG is. To the degree a TPG deals in the notes or coins it, itself, grades, it loses that "unbiasedness."
     
  12. wlwhittier

    wlwhittier Peripheral Member

    Do you include ANACS in that judgement? If so, please explain. Thanks...
     
  13. miedbe7

    miedbe7 Wayward Collector

    ANACS doesn't do paper I think
     
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