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<p>[QUOTE="ziggy29, post: 17762, member: 1113"]I think any new service faces an uphill but not insurmountable battle in gaining acceptance and credibility. The best way they can gain credibility is to be both consistent and in tune with market standards. </p><p><br /></p><p>Too many of the new services try to get submissions by offering low prices (too low to pay for the best graders and authenticators) and/or giving out inflated grades (compared to what the market accepts). Less than totally honest dealers and eBay sellers will hope to get an MS-68 from "Bob's Coin Grading Service" (BCGS) and hope to land the sucker who will pay MS-68 -- or even MS-66 -- money for the coin instead of sending it to a respected third-party grading service where it might come back, say, MS-64.</p><p><br /></p><p>You mostly see the hyper-graded fourth-tier slabs with modern coins, but they can be for any coin -- especially if they are "problem coins" that PCGS and NGC won't grade, and ANACS will net grade downward.[/QUOTE]</p><p><br /></p>
[QUOTE="ziggy29, post: 17762, member: 1113"]I think any new service faces an uphill but not insurmountable battle in gaining acceptance and credibility. The best way they can gain credibility is to be both consistent and in tune with market standards. Too many of the new services try to get submissions by offering low prices (too low to pay for the best graders and authenticators) and/or giving out inflated grades (compared to what the market accepts). Less than totally honest dealers and eBay sellers will hope to get an MS-68 from "Bob's Coin Grading Service" (BCGS) and hope to land the sucker who will pay MS-68 -- or even MS-66 -- money for the coin instead of sending it to a respected third-party grading service where it might come back, say, MS-64. You mostly see the hyper-graded fourth-tier slabs with modern coins, but they can be for any coin -- especially if they are "problem coins" that PCGS and NGC won't grade, and ANACS will net grade downward.[/QUOTE]
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