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<p>[QUOTE="BR549, post: 1066521, member: 7110"]I saw my first slabbed coin in 1987, it was something of a novelty to see a coin encased in hard plastic, you just knew they were on to something. The ANACS Photo Cert’s had been around for awhile and collectors swore by them, so the transition into the new acrylic plastic was natural.</p><p><br /></p><p>Since then, I have seen both services go through learning curves and subjective grading styles. The grading boom hit along with bullion and numerical grades became more important to collectors than the actual authentication of the coins themselves.</p><p><br /></p><p>The “crack out” experts realized these anomalies in a particular type or series and years down the road have capitalized on getting a coin to re-grade at a higher level. They have made it a business cracking out 1,000’s of coins that have potential and gamble that they will cross or be returned one or even two points higher.</p><p><br /></p><p>The services “claim” that the graders and finalizers do not know who’s coin they are looking at. There maybe instances where green boxes of ASE’s are dumped on the graders and they might have a clue as to whom it might be, but then again they really don’t know for sure.</p><p><br /></p><p>The “guarantee’s" of the a fore mentioned companies are still the best in the hobby, they have evolved to fit their business plan, but it is better than just words on a piece of paper that is never honored.</p><p><br /></p><p>If PCGS was not concerned with honoring their guarantee, they would not have brought a lawsuit against submitters who have altered coins. They are attempting to alter dubious sellers of manipulated coins. For now, they are the protectors of this hobby, either you accept their model or just avoid them all together. </p><p><br /></p><p>With today’s current situations, you have to put your trust into someone. My trust is with these two companies and I wish them well in the future, not only for me and my fellow collectors, but also for the next generation of coin collectors as well.[/QUOTE]</p><p><br /></p>
[QUOTE="BR549, post: 1066521, member: 7110"]I saw my first slabbed coin in 1987, it was something of a novelty to see a coin encased in hard plastic, you just knew they were on to something. The ANACS Photo Cert’s had been around for awhile and collectors swore by them, so the transition into the new acrylic plastic was natural. Since then, I have seen both services go through learning curves and subjective grading styles. The grading boom hit along with bullion and numerical grades became more important to collectors than the actual authentication of the coins themselves. The “crack out” experts realized these anomalies in a particular type or series and years down the road have capitalized on getting a coin to re-grade at a higher level. They have made it a business cracking out 1,000’s of coins that have potential and gamble that they will cross or be returned one or even two points higher. The services “claim” that the graders and finalizers do not know who’s coin they are looking at. There maybe instances where green boxes of ASE’s are dumped on the graders and they might have a clue as to whom it might be, but then again they really don’t know for sure. The “guarantee’s" of the a fore mentioned companies are still the best in the hobby, they have evolved to fit their business plan, but it is better than just words on a piece of paper that is never honored. If PCGS was not concerned with honoring their guarantee, they would not have brought a lawsuit against submitters who have altered coins. They are attempting to alter dubious sellers of manipulated coins. For now, they are the protectors of this hobby, either you accept their model or just avoid them all together. With today’s current situations, you have to put your trust into someone. My trust is with these two companies and I wish them well in the future, not only for me and my fellow collectors, but also for the next generation of coin collectors as well.[/QUOTE]
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