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Is it really possible that only PCGS and NGC get it right?
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<p>[QUOTE="BooksB4Coins, post: 2279754, member: 36230"]It's a simple observation. Do you think lax standards were instituted against consumer demand? Of course not... they're the result of it. If the majority of submitters had demanded the most conservative of technical standards, that's exactly what we would have; the TPGs are not our friends, nor do they exist for the benefit of hobbyists. They are a business that provides a service, and as with any business, decisions are made with the best interests of the business as job one. McDonald's didn't insist on selling only grease burgers when consumer demand was for more fluffy and supposedly "<i>health</i> <i>conscious</i>" choices, right? If NGC was to initiate the standards the gentleman spoke of, PCGS would dance all the way to the bank unless it was done because of broad and near absolute submitter demand, and that demand is simply not there in today's marketplace.</p><p><br /></p><p>On a personal level, I'm a big fan of strict conservative grading standards and am often disheartened by what I see being labeled as "<i>acceptable</i>". However, as just one aspect example, do you think a majority of the coin buying public would prefer to see a huge percentage of their presently "<i>no</i> <i>problem</i>" coins (by accepted standards) instead end up bagged or branded with the equivalent of a scarlet A? For a TPG to decide that many, many coins already in their holders residing in collections, are no longer what the buyers thought at the time of purchase would be suicide. How would you like to learn that maybe ten percent, or maybe fifty percent (or more) of your collection was all of a sudden untouchable? The same could be said for coins that still grade out, but just not to the same level. It's an honest question (to ask yourself), as this is exactly what they (NGC in the gentleman's example) would be doing. To put it simply, it's easy to loosen standards, but once done, there's no equally easy way to put that cat back in the bag, at least without pissing a <i>lot</i> of people off.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2279754, member: 36230"]It's a simple observation. Do you think lax standards were instituted against consumer demand? Of course not... they're the result of it. If the majority of submitters had demanded the most conservative of technical standards, that's exactly what we would have; the TPGs are not our friends, nor do they exist for the benefit of hobbyists. They are a business that provides a service, and as with any business, decisions are made with the best interests of the business as job one. McDonald's didn't insist on selling only grease burgers when consumer demand was for more fluffy and supposedly "[I]health[/I] [I]conscious[/I]" choices, right? If NGC was to initiate the standards the gentleman spoke of, PCGS would dance all the way to the bank unless it was done because of broad and near absolute submitter demand, and that demand is simply not there in today's marketplace. On a personal level, I'm a big fan of strict conservative grading standards and am often disheartened by what I see being labeled as "[I]acceptable[/I]". However, as just one aspect example, do you think a majority of the coin buying public would prefer to see a huge percentage of their presently "[I]no[/I] [I]problem[/I]" coins (by accepted standards) instead end up bagged or branded with the equivalent of a scarlet A? For a TPG to decide that many, many coins already in their holders residing in collections, are no longer what the buyers thought at the time of purchase would be suicide. How would you like to learn that maybe ten percent, or maybe fifty percent (or more) of your collection was all of a sudden untouchable? The same could be said for coins that still grade out, but just not to the same level. It's an honest question (to ask yourself), as this is exactly what they (NGC in the gentleman's example) would be doing. To put it simply, it's easy to loosen standards, but once done, there's no equally easy way to put that cat back in the bag, at least without pissing a [I]lot[/I] of people off.[/QUOTE]
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Is it really possible that only PCGS and NGC get it right?
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