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<p>[QUOTE="Troodon, post: 1917584, member: 4626"]I've heard that opinion repeated often without much justification for why people hold it. I've even posted pics of ANACS graded coins here without telling people ANACS graded them, and lo and behold, the opinions people have of the coins' grades are quite often the same as theirs. This whole downgrading of their reputation strikes me as basically a self-fulfilling prophecy; people believe their reputation to be bad thus they disregard stuff they graded, giving them a further bad reputation. Despite the fact nobody ever provides any solid evidence for why their grading opinions are worse than anyone else's; they just declare that they have a lower reputation without giving any evidence as to why that should be. You have to at least concede they're quite a step up from no-name self-graders. PCGS and NGC are by no means infallible either; there's a thread going on right now where NGC didn't even label the slabs correctly.</p><p><br /></p><p>And yeah, I get what I pay for; which is a grading opinion and a coin that is decently preserved and protected, and easier to store. I don't take it as a given that their opinion is provably worse than anyone else's (because no offense, the people here must have just as bad of an ability at grading as they do, considering how often they agree with ANACS' opinions when they don't know who graded the coin lol... and besides, all opinions, including those of TPGs, are by definition subjective.). As for investment potential well, read my signature. "Waste of money" is subjective, and as far as I'm concerned, paying extra money to get a coin graded by a TPG with a better reputation is a waste of money when I never intend on ever reselling the coin if I can help it. I'd rather spend that money on more coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1917584, member: 4626"]I've heard that opinion repeated often without much justification for why people hold it. I've even posted pics of ANACS graded coins here without telling people ANACS graded them, and lo and behold, the opinions people have of the coins' grades are quite often the same as theirs. This whole downgrading of their reputation strikes me as basically a self-fulfilling prophecy; people believe their reputation to be bad thus they disregard stuff they graded, giving them a further bad reputation. Despite the fact nobody ever provides any solid evidence for why their grading opinions are worse than anyone else's; they just declare that they have a lower reputation without giving any evidence as to why that should be. You have to at least concede they're quite a step up from no-name self-graders. PCGS and NGC are by no means infallible either; there's a thread going on right now where NGC didn't even label the slabs correctly. And yeah, I get what I pay for; which is a grading opinion and a coin that is decently preserved and protected, and easier to store. I don't take it as a given that their opinion is provably worse than anyone else's (because no offense, the people here must have just as bad of an ability at grading as they do, considering how often they agree with ANACS' opinions when they don't know who graded the coin lol... and besides, all opinions, including those of TPGs, are by definition subjective.). As for investment potential well, read my signature. "Waste of money" is subjective, and as far as I'm concerned, paying extra money to get a coin graded by a TPG with a better reputation is a waste of money when I never intend on ever reselling the coin if I can help it. I'd rather spend that money on more coins.[/QUOTE]
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