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<p>[QUOTE=&quot;davidlawrence, post: 402103, member: 15258&quot;]A very interesting thread...and I thank you all for the candid remarks. First, let me say that we are not interested in displacing PCGS or NGC in the marketplace. I am very fond of both companies for different reasons, and at David Lawrence, we a major marketmakers of their certified coins. Those guys are much bigger than us, and grade more coins in a single day than we grade in a month.</p><p><br /></p><p>For us DGS is all about providing a solid alternative for collectors looking to submit coins directly at a low cost, without sacrificing grading quality. DGS is a boutique operation with a small staff. Yes, DGS does grade coins for DLRC, but we note these coins with a &#039;D&#039; on the obverse serial number to make sure everyone knows which coins these are. We are unashamed of the practice becuase I grew up helping my father grade coins for his mail order list 30 years ago, in the pre-TPG era. I am applying those grading standards he taught me and we&#039;re really this new business. Are we more conservative than PCGS or NGC? Yes and no. We do NOT grade based on their standard. We grade on our own standard. We simply examine each coin and render our own grade. We certianly don&#039;t ask ourselves, &quot;what would PCGS grade this, and subtract a point.&quot; No way. If collectors like our grading, they will buy the coin. Some will crack them out. We&#039;re happy either way. The other aspect is DLRC will make a market in DGS coins. Not just becuase we own the company. But rather, becuase, we like our grading. And we feel confident that if we grade a coin AU, it&#039;s worth AU money...</p><p><br /></p><p>Are we getting a lot of submissions???? I can say this. We&#039;re getting enough that we have not had a single day since May 1 when we didn&#039;t have 100 coins in the queue. As of right now we&#039;ve completed the grading on 1,904 coins with 280 in the hopper. Of those, approximately 350 were submitted by DLRC (around 15%). </p><p><br /></p><p>Lastly, we do think we&#039;ve struck a positive chord with the collectors that have tried us. We&#039;re constantly thinking of new ways to improve the service (like the Visual Pop Report). </p><p><br /></p><p>Sincerely,</p><p>John Feigenbaum[/QUOTE]</p><p><br /></p>

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