Neat Grading Company Comparison!

Discussion in 'US Coins Forum' started by airedale, Feb 6, 2007.

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  1. spypondac

    spypondac Member

    Cleaning is cleaning, no matter what NCS calls it.
     
    spypondac, Feb 10, 2007
    #21 + Quote Reply
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  3. GDJMSP

    GDJMSP Numismatist Moderator


    I suppose we could find out if we wanted to. But knowing what lawyers cost, I rather suspect that all of the money in the defense fund, and then quite a bit more, was spent.
     
    GDJMSP, Feb 10, 2007
    #22 + Quote Reply
  4. flaminio

    flaminio New Member

    If it was spent, I'd be very curious as to who got the money. I was a named defendent in the ACG lawsuit, and neither I nor anyone else that I am aware of got any ANA money for their defense. I paid over $3000 in legal fees until I was dropped from the suit.

    Going further off-topic, the ANA lost me as a member forever when they decided to settle with ACG out of court for their part of the suit. An out of court settlement is tantamount to an ACG victory. The ACG suit was the singlemost anti-collector activity I have seen in all my years, and the ANA, as a supposed champion of the collector, caved rather than fought it. They serve no purpose for me.
     
    flaminio, Feb 10, 2007
    #23 + Quote Reply
  5. GDJMSP

    GDJMSP Numismatist Moderator


    So ask them who got it - lawyers who represented the ANA will be the answer. You can almost bet on that.

    But you say they caved in rather than fight. I find it hard to agree with that. They fought it through 3 separate suits, all of which were dismissed eventually. But ACG kept right on filing more suits, did you expect them to endlessly spend money that they didn't have fighting frivolous suits ?

    It's as easy to say that either side won as it is the other when there is a settlement. But in reality nobody won or lost. In a settlement both sides merely agree that they have paid the lawyers enough money and that they will pay no more - so the suit comes to an end. That's about all there is to it. You of course are entitled to a different opinion.
     
    GDJMSP, Feb 11, 2007
    #24 + Quote Reply
  6. DJCoinz

    DJCoinz Majored in Morganology

    thanks for posting that, very interesting.
     
    DJCoinz, Feb 11, 2007
    #25 + Quote Reply
  7. airedale

    airedale New Member

    That is a gross generalization! Someone always wins, maybe not as much as they wanted but money changes hands. Here is a suit that was settled recently:

    According to an AP release (via a PokerNews.com article by John Caldwell), we are finding out that the lawsuit involving 2006 WSOP Champion Jamie Gold and a TV producer Crispin Leyser is being settled out of court. There are no specifics as of now, but it appears that Gold will be sharing his $12 million first place prize with Leyser.

    The gang at Wicked Chops Poker is setting the line at $4.2 million as exact amount that Leyser gets from Gold.

    You can find a thousand more on Google.
     
    airedale, Feb 15, 2007
    #26 + Quote Reply
  8. GDJMSP

    GDJMSP Numismatist Moderator

    Yes it is a generalization, but somebody doesn't always win. Sometimes when suits are settled nobody wins, sometimes somebody does. There is no hard and fast rule. Quite often both sides will agree to just drop it rather than continue to pay legal fees.
     
    GDJMSP, Feb 15, 2007
    #27 + Quote Reply
  9. Philly Dog

    Philly Dog Coin Collector

    NGC

    Gee they lost my vote on Integrity when they did the FIRST STRIKE crap
     
    Philly Dog, Feb 15, 2007
    #28 + Quote Reply
  10. GDJMSP

    GDJMSP Numismatist Moderator


    Does that mean all the other TPGs did too ? They all did it.
     
    GDJMSP, Feb 15, 2007
    #29 + Quote Reply
  11. airedale

    airedale New Member

    :smile My attorney of many years says " The best settlement is when neither party is happy. Likely that is a fair settlement. "
     
    airedale, Feb 15, 2007
    #30 + Quote Reply
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