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How easy it would be to start an Ebay Grading company
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<p>[QUOTE="jcakcoin, post: 1113915, member: 29209"]Good idea: CTACS (Cointalk Accurate Coin Service) Partially free coin grading (need to pay for slabs, and the rule below)</p><p><br /></p><p>We can charge people 60-120% of the PCGS or NGC price, and CT members with over x posts can submit to it, and anybody with y posts can vote, and pass a test to say: I can grade a coin. Accurate, and graded here on CT, the grade with the most votes wins. Whoever guesses the voted amount gets .5 or 1% of the profit or $2, whichever is lower. Sell it on CT, the eBay coin competitor. You can't look at the poll results until after you voted, and you have 1 vote.</p><p>The seller determines the price it sells for, and it must fit in with the 60%-120% rule or taken off.</p><p><br /></p><p>For example: 8 people guessed MS65, for a coin that sold for $50. Each person gets 1% for each MS65 vote, which is -.50 x 8 = -4.00</p><p><br /></p><p>Subtotal: $46.00- $3 to pay for slab</p><p>Total: $50 paid by buyer, which $43 goes to seller, $3 goes to slab, and $4 goes to voters.</p><p><br /></p><p>The money would not be paid to the voter, but to an "account" that can be used to buy coins. Good deal, with demand and supply.</p><p><br /></p><p><b>7 dollars is cheaper than NGC, PCGS, and ANACS</b>[/QUOTE]</p><p><br /></p>
[QUOTE="jcakcoin, post: 1113915, member: 29209"]Good idea: CTACS (Cointalk Accurate Coin Service) Partially free coin grading (need to pay for slabs, and the rule below) We can charge people 60-120% of the PCGS or NGC price, and CT members with over x posts can submit to it, and anybody with y posts can vote, and pass a test to say: I can grade a coin. Accurate, and graded here on CT, the grade with the most votes wins. Whoever guesses the voted amount gets .5 or 1% of the profit or $2, whichever is lower. Sell it on CT, the eBay coin competitor. You can't look at the poll results until after you voted, and you have 1 vote. The seller determines the price it sells for, and it must fit in with the 60%-120% rule or taken off. For example: 8 people guessed MS65, for a coin that sold for $50. Each person gets 1% for each MS65 vote, which is -.50 x 8 = -4.00 Subtotal: $46.00- $3 to pay for slab Total: $50 paid by buyer, which $43 goes to seller, $3 goes to slab, and $4 goes to voters. The money would not be paid to the voter, but to an "account" that can be used to buy coins. Good deal, with demand and supply. [B]7 dollars is cheaper than NGC, PCGS, and ANACS[/B][/QUOTE]
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