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Could a grading company start up today to rival the Big 3?
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<p>[QUOTE="GDJMSP, post: 1598105, member: 112"]No, he wasn't the only founding member. But he's certainly the one who came up with the idea and put it all together. As for an auction house, does it matter ? Selling coins is selling coins.</p><p><br /></p><p>As for him not submitting them directly to PCGS, OK, I won't argue. But what does that matter either ? He still sells them and always has.</p><p><br /></p><p>And a long time to be accepted ? People jumped all over it when PCGS opened their doors. They had so many coins coming in and their backlog was so huge that it took 6 - 9 months or longer for people to get their coins back. And it never slowed down, business only increased until they got to the point that they were getting 100,000 coins a month. To my knowledge it has stayed around that level for many years now.</p><p><br /></p><p>I'm not claiming that there is or ever was anything shady going on between PCGS and David Hall. I'm merely pointing out that he is and always was selling PCGS slabbed coins. And I see no difference between that and David Lawrence selling coins slabbed by DGS. And that that could not be a viable reason for DGS failing.</p><p><br /></p><p>And to answer somebody else, yes, at one time David Hall most definitely graded coins at PCGS. And until just a few years ago he was the one who did grade reviews at PCGS. He may still do them.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1598105, member: 112"]No, he wasn't the only founding member. But he's certainly the one who came up with the idea and put it all together. As for an auction house, does it matter ? Selling coins is selling coins. As for him not submitting them directly to PCGS, OK, I won't argue. But what does that matter either ? He still sells them and always has. And a long time to be accepted ? People jumped all over it when PCGS opened their doors. They had so many coins coming in and their backlog was so huge that it took 6 - 9 months or longer for people to get their coins back. And it never slowed down, business only increased until they got to the point that they were getting 100,000 coins a month. To my knowledge it has stayed around that level for many years now. I'm not claiming that there is or ever was anything shady going on between PCGS and David Hall. I'm merely pointing out that he is and always was selling PCGS slabbed coins. And I see no difference between that and David Lawrence selling coins slabbed by DGS. And that that could not be a viable reason for DGS failing. And to answer somebody else, yes, at one time David Hall most definitely graded coins at PCGS. And until just a few years ago he was the one who did grade reviews at PCGS. He may still do them.[/QUOTE]
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Could a grading company start up today to rival the Big 3?
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