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<p>[QUOTE="pcgsngcfraud, post: 1066143, member: 28523"]<b>PCGS and NGC Defraud Collectors in Favor of Dealers</b></p><p><br /></p><p><br /></p><p> </p><p> </p><p>I was fortunate enough to inherit a large "raw" coin collection from my Grandfather. Well I signed up for a collector account with PCGS and NGC, and began the grading process. Some of the coins came back worth as much 10k, so naturally I sold a few on Ebay to dealers. One day I was bored and I decided to check on the certification numbers for my graded and much to my surprise, these dealers were resubmitted my coins, and coins that were graded MS63-64 were suddenly MS66 and above. Not to mention a Morgan I sent in came back to me as a MS64 and I sold it to a dealer. The dealer resubmits under his dealer account and guess what, his grade is MS66 Vam Broken Bonnet. I started doing experiments, I have distributed to coins to my friends throughout the country, and they seeked out the largest PCGS/NGC authorized dealers in there areas. Long story short, the grades that came back to the dealer nearly tripled the value given under a collector account. </p><p> </p><p>Why do you guys trust these people with your coins? I have been defrauded out of nearly 100k over fraudulent grades. Do the alleged top tier grading companies make errors like not recognizing a MS66 Broken Bonnet Vam. </p><p> </p><p>Last example, I sent a Walker 1917 S OBV to PCGS and NGC it came back questionable mint mark. I gave it to a dealer the grade that came back to him was MS63. Every person that has submitted under a collector account (minus pcgs/ngc insiders) should get together and file a class action lawsuit. These two companies should not be allowed to defraud trusting collectors.</p><p> </p><p>I am going to post all the discrepencies and have also hired an attorney to take out ads in the major newspapers across the country. Stating the facts and letting collectors be the judge.</p><p> </p><p>Good Luck to all of you have been defrauded by PCGS and NGC.[/QUOTE]</p><p><br /></p>
[QUOTE="pcgsngcfraud, post: 1066143, member: 28523"][b]PCGS and NGC Defraud Collectors in Favor of Dealers[/b] I was fortunate enough to inherit a large "raw" coin collection from my Grandfather. Well I signed up for a collector account with PCGS and NGC, and began the grading process. Some of the coins came back worth as much 10k, so naturally I sold a few on Ebay to dealers. One day I was bored and I decided to check on the certification numbers for my graded and much to my surprise, these dealers were resubmitted my coins, and coins that were graded MS63-64 were suddenly MS66 and above. Not to mention a Morgan I sent in came back to me as a MS64 and I sold it to a dealer. The dealer resubmits under his dealer account and guess what, his grade is MS66 Vam Broken Bonnet. I started doing experiments, I have distributed to coins to my friends throughout the country, and they seeked out the largest PCGS/NGC authorized dealers in there areas. Long story short, the grades that came back to the dealer nearly tripled the value given under a collector account. Why do you guys trust these people with your coins? I have been defrauded out of nearly 100k over fraudulent grades. Do the alleged top tier grading companies make errors like not recognizing a MS66 Broken Bonnet Vam. Last example, I sent a Walker 1917 S OBV to PCGS and NGC it came back questionable mint mark. I gave it to a dealer the grade that came back to him was MS63. Every person that has submitted under a collector account (minus pcgs/ngc insiders) should get together and file a class action lawsuit. These two companies should not be allowed to defraud trusting collectors. I am going to post all the discrepencies and have also hired an attorney to take out ads in the major newspapers across the country. Stating the facts and letting collectors be the judge. Good Luck to all of you have been defrauded by PCGS and NGC.[/QUOTE]
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