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Coin Dealers not submitting coins to PCGS for public anymore
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<p>[QUOTE="princeofwaldo, post: 1268519, member: 24091"]The real reason coin dealers are no longer interested in submitting coins to PCGS: There's no money in it for them. At one time, dealers had all sorts of time to nurture and develop relationships with collectors. Not any more. Most are little more than money-changers, they're making so much money hauling in gold trinkets to be sent to the smelter, that they simply blow-off customers who might want the favor of a few coins being sent in for grading. The whole insurance arguement is a spurious lie meant to conceal the truth, which is, -he doesn't care about you or your business. All he cares about are the desperadoes walking in the door with junk gold and silver. Sad, but frankly that's what its come to for many "dealers" in rare coins, it's all about money and coins have nothing to do with it. When the gold boom is over and the tide goes out, will be interesting to see where the collectors will flock. It won't be to the doors of the former money-changers that much you can be certain of.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1268519, member: 24091"]The real reason coin dealers are no longer interested in submitting coins to PCGS: There's no money in it for them. At one time, dealers had all sorts of time to nurture and develop relationships with collectors. Not any more. Most are little more than money-changers, they're making so much money hauling in gold trinkets to be sent to the smelter, that they simply blow-off customers who might want the favor of a few coins being sent in for grading. The whole insurance arguement is a spurious lie meant to conceal the truth, which is, -he doesn't care about you or your business. All he cares about are the desperadoes walking in the door with junk gold and silver. Sad, but frankly that's what its come to for many "dealers" in rare coins, it's all about money and coins have nothing to do with it. When the gold boom is over and the tide goes out, will be interesting to see where the collectors will flock. It won't be to the doors of the former money-changers that much you can be certain of.[/QUOTE]
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