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<p>[QUOTE="GDJMSP, post: 178055, member: 112"]Frank - </p><p><br /></p><p>This is how I put it when I first started ranting and raving about the subject - an excerpt from an article from 5 years ago, it was in response to the first PNG survey of grading companies.</p><p><br /></p><p>" Now I am an ardant fan of 3rd party grading companies. And I think they have done a tremedous amount of good and perhaps done more to advance the collection of coins than perhaps anything previous in the history of collecting coins. But I am here to tell everyone that the time has come. The time has come for the PNG - the ANA - the many magazines and newsletters - and most of all us - the collectors and investors to put an end to this scenario. It is time for the numismatic world as a whole to stand up and demand a reckoning - a balancing - and a single global standard when it comes to the grading of coins. </p><p><br /></p><p>No longer should any orginization endorse just one grading company. This only promotes the false inflation of prices and a false sense of security for collectors & dealers alike. Let the ANA and the PNG - and anyone else who has an opinion - get down off their high horses and speak their minds as individuals. Let them come forward and drop their petty endorsements of just one grading company. Let them establish rules - regulations - and standards that ALL THE GRADING COMPANIES must adhere to and let them all be recognized and accepted. And for those companies who do not adhere to these standards - well the market will take care of them. Those companies will dry up and blow away ! And rather quickly too I might think. And these stories of little old ladies being bilked of their life savings will go away too. </p><p><br /></p><p>So collectors - dealers - investors - writers and all of you out there in the world who collect coins for whatever reason - if you agree with these thoughts - then let your thoughts be known as well. For the PNG - the ANA - they are us. These orginizations are made up of people just like you and me. And without us - none of them would even exist. "[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 178055, member: 112"]Frank - This is how I put it when I first started ranting and raving about the subject - an excerpt from an article from 5 years ago, it was in response to the first PNG survey of grading companies. " Now I am an ardant fan of 3rd party grading companies. And I think they have done a tremedous amount of good and perhaps done more to advance the collection of coins than perhaps anything previous in the history of collecting coins. But I am here to tell everyone that the time has come. The time has come for the PNG - the ANA - the many magazines and newsletters - and most of all us - the collectors and investors to put an end to this scenario. It is time for the numismatic world as a whole to stand up and demand a reckoning - a balancing - and a single global standard when it comes to the grading of coins. No longer should any orginization endorse just one grading company. This only promotes the false inflation of prices and a false sense of security for collectors & dealers alike. Let the ANA and the PNG - and anyone else who has an opinion - get down off their high horses and speak their minds as individuals. Let them come forward and drop their petty endorsements of just one grading company. Let them establish rules - regulations - and standards that ALL THE GRADING COMPANIES must adhere to and let them all be recognized and accepted. And for those companies who do not adhere to these standards - well the market will take care of them. Those companies will dry up and blow away ! And rather quickly too I might think. And these stories of little old ladies being bilked of their life savings will go away too. So collectors - dealers - investors - writers and all of you out there in the world who collect coins for whatever reason - if you agree with these thoughts - then let your thoughts be known as well. For the PNG - the ANA - they are us. These orginizations are made up of people just like you and me. And without us - none of them would even exist. "[/QUOTE]
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