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<p>[QUOTE="USS656, post: 263633, member: 6641"]<a href="http://www.coinconsortium.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinconsortium.com/" rel="nofollow">http://www.coinconsortium.com/</a></p><p> </p><p>Okay, as it was described here - to do away with some of the misinformation - I still think they will fail. Are dealers really going to pay 20% to 40% more for a coin with this sticker on it? Do you think they can recover that in the market? </p><p> </p><p>On the flip side - Do you think the PCGS and NGC only grade 10% to 20% of their coins correctly by not identifying doctoring? I know it has been said here that up to 80% of the coins submitted have been dipped to up the grade. It has also been said the some TPG's may do the same thing in order to raise the grade. Pretty coins increase profits right? Are collectors going to pay more for coins they think are pretty naturally?</p><p> </p><p>The sellers or auction houses are going to be the one using this service. In order to use the service they are probably not going to submit many coins that they feel have been doctored (maybe). </p><p> </p><p>If PCGS and NGC has their act together they will just add another tier of grading - I can see it now - a platinum sticker inside the slab to certify the coin has not been doctored in any way. The end for CAC. For coins already graded just charge a small fee for the additional grading with a new slab. No ugly sticker on the outside of the slab that could be a fake.[/QUOTE]</p><p><br /></p>
[QUOTE="USS656, post: 263633, member: 6641"][URL="http://www.coinconsortium.com/"]http://www.coinconsortium.com/[/URL] Okay, as it was described here - to do away with some of the misinformation - I still think they will fail. Are dealers really going to pay 20% to 40% more for a coin with this sticker on it? Do you think they can recover that in the market? On the flip side - Do you think the PCGS and NGC only grade 10% to 20% of their coins correctly by not identifying doctoring? I know it has been said here that up to 80% of the coins submitted have been dipped to up the grade. It has also been said the some TPG's may do the same thing in order to raise the grade. Pretty coins increase profits right? Are collectors going to pay more for coins they think are pretty naturally? The sellers or auction houses are going to be the one using this service. In order to use the service they are probably not going to submit many coins that they feel have been doctored (maybe). If PCGS and NGC has their act together they will just add another tier of grading - I can see it now - a platinum sticker inside the slab to certify the coin has not been doctored in any way. The end for CAC. For coins already graded just charge a small fee for the additional grading with a new slab. No ugly sticker on the outside of the slab that could be a fake.[/QUOTE]
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