If you go to the PCGS web site you would see that their membership has grown to the point where they now consider themselves a third party in political circles so they will now announce the take over of the US Mint. The Mint today, the WORLD tomorrow. :thumb:
.....how come this forum doesn't have a drop down list of emoticon choices? i want to show a hand slapping a head! ....like this. http://i213.photobucket.com/albums/cc158/katek1304/smack.gif
:loud: I am not sure just what :goofer: you are :vanish: looking for :bigeyes:. :bow::kewl: How manydd: would you hya: like?:whistle:
There's a huge long thread on the CU forum with hundreds of possible answers about what the big one is, plus a $1,000 reward for the correct answer! http://forums.collectors.com/messageview.cfm?catid=26&threadid=761476
The announcement is twofold: 1. They will start encapsulating old redbooks and giving them grades. 2. They will now start grading and encapsulating the chocolate "stocking stuffer" coins in the gold wrappers. However, these coins must have the word "copy" on them somewhere, or you will be charged full price and the label will state, "Can be eaten, but not an official fake copy chocolate coin, illegal to sell, and therefore will not be graded." If the word "copy" is there, they WILL recognize the dark chocolate variety on the label (as opposed to the more popular milk chocolate variety).
I think they're going to announce the opening of the PCGS Dating Service. Here's what a 1968-S looks like: "Here is a 42-year-old blonde from San Francisco, with a little bronze toning. She has few distracting marks. Slight wear on the high points, making this specimen AU-53. Die marriage a possibility. Encapsulated for your protection in a PCGSDS holder."
I think it has to do with fighting off CAC basically defining a mid 0.5 grade, judging whether a coin is perhaps ( for example) 64.0, 64.5, 65.0. I think that if CAC graders are saying they can tell the intermediate grades, PCGS feels they can do so even better ( for an extra fee of course). Rainbow stickers ( different color for every 0.1 grade) or print the decimal grade on the label. Think of the money they can make from the regrades of ASE MS69, hoping for a MS69.9. Also, They have patents for automated coin grading devices, and are associated with a company that claims they can ( using a propriatory device) register light patterns for identification protection ( I would print it out like the encoded postage charges myself). But what ever comes out, I suspect it will cost the consumer more and also benefit PCGS more financially, and reduce the competition. AIMHO.
What earth-shaking achievements have they done this year, or last year ? Yes, CoinFacts is cool, but only appeals to a small portion of the collector / dealer base.
My #1 hope is something which deals a major blow :hammer: to the slab counterfeiters. They aren't that dangerous - yet. But they will be.
That would be nice in theory. Might be good for the Mint, but I wonder what it would do to the Professional Grader Service. Somehow, the idea of the Government getting involved, and especially with money, is starting to seem a little scary. Maybe an inventory of Fort Knox should take place first.:goofer:
They will be selling these "Sucker-0001" Coins For THOUSANDS on Ebay To Other Suckers Who can then Have them Re-slabbed into the "New" Infinite Slab.. I think I remember something about a Magical Rectangle That is used in Architecture Since Greek times.. ( A Pythagoras Thing?) That can be repeated forever.. They have just "rediscovered" This trick..