Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Did PCGS screw up grading this coin?
>
Reply to Thread
Message:
<p>[QUOTE="Cherd, post: 8151566, member: 24754"]It's somewhat problematic that TPGs offer these tiers of grading services that are referenced with respect to this coin. This is because the important thing is that the expert's opinion is conveyed to the person making the purchase. If information is missing from the slab label just because the extra tier of service wasn't purchased, then the label itself could be misleading to potential buyers.</p><p><br /></p><p>This type of thing is especially problematic with NGC Ancients. They charge extra for more detailed evaluations, which show up on slab labels as Strike, Surface, Style, and specific problems. The cheaper option simply provides a net grade, so savvy dealers will tend to submit problem coins at this tier to avoid conveying issues to potential buyers.</p><p><br /></p><p>Of course, these things are a bit of a noob trap as you know what to look for once you understand the game, and in the end, it is the buyer's responsibility to examine the coin. But, if we were all expert enough to do this ourselves then we wouldn't need the TPGs to begin with, and it'd be nice if these noob traps just didn't exist in the first place.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 8151566, member: 24754"]It's somewhat problematic that TPGs offer these tiers of grading services that are referenced with respect to this coin. This is because the important thing is that the expert's opinion is conveyed to the person making the purchase. If information is missing from the slab label just because the extra tier of service wasn't purchased, then the label itself could be misleading to potential buyers. This type of thing is especially problematic with NGC Ancients. They charge extra for more detailed evaluations, which show up on slab labels as Strike, Surface, Style, and specific problems. The cheaper option simply provides a net grade, so savvy dealers will tend to submit problem coins at this tier to avoid conveying issues to potential buyers. Of course, these things are a bit of a noob trap as you know what to look for once you understand the game, and in the end, it is the buyer's responsibility to examine the coin. But, if we were all expert enough to do this ourselves then we wouldn't need the TPGs to begin with, and it'd be nice if these noob traps just didn't exist in the first place.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Did PCGS screw up grading this coin?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...