Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
PCGS favors "big name" dealers?
>
Reply to Thread
Message:
<p>[QUOTE="Market Harmony, post: 1066615, member: 20154"]I have never had a favor done for me by PCGS, nor have I ever been treated unfairly. And I am neither a big or small client of theirs. </p><p><br /></p><p>As another poster stated, the grade assigned on a PCGS slab is just a starting point (in the negotiations of price). The whole purpose of the TPGs is to add a descriptive element to the collectible. They have chosen a numbering system and variety/error identifiers. But they have done nothing to describe eye appeal which is just as important when it comes to collectibility. </p><p><br /></p><p>Going back to the OP, I too believe that many coins on eBay are those on the lower end of the unrecorded eye appeal scale. But there are some coins that can found from sellers who are not working from a large inventory that are sifted through for gems to sell face to face. Collectors may sell off any and all of their coins, whereas a larger dealer may keep the coins with better eye appeal and sell the others based on the assigned grade alone. A coin in hand with great eye appeal should theoretically fetch a better price than an equally graded coin with low eye appeal.</p><p><br /></p><p>Think about that... which coin would you buy? A MS64 with great eye appeal for $150 or the same coin in MS64 with low eye appeal for $135?</p><p><br /></p><p>Now with that in mind, thinking that "favors" are given to people <u>is</u> ludicrous (to quote GDJMSP). Those who feel that way are most likely trying to compare eye appeal and grade... 2 things which <i>independently</i> affect the marketability of a coin. </p><p><br /></p><p>eBay is a market for coins with low eye appeal in properly graded slabs. But that's just my opinion, and I'm sure that others may disagree and I'm sure that there are instances which would prove that statement to be incorrect. As a generalization, however, I stand by that statement.[/QUOTE]</p><p><br /></p>
[QUOTE="Market Harmony, post: 1066615, member: 20154"]I have never had a favor done for me by PCGS, nor have I ever been treated unfairly. And I am neither a big or small client of theirs. As another poster stated, the grade assigned on a PCGS slab is just a starting point (in the negotiations of price). The whole purpose of the TPGs is to add a descriptive element to the collectible. They have chosen a numbering system and variety/error identifiers. But they have done nothing to describe eye appeal which is just as important when it comes to collectibility. Going back to the OP, I too believe that many coins on eBay are those on the lower end of the unrecorded eye appeal scale. But there are some coins that can found from sellers who are not working from a large inventory that are sifted through for gems to sell face to face. Collectors may sell off any and all of their coins, whereas a larger dealer may keep the coins with better eye appeal and sell the others based on the assigned grade alone. A coin in hand with great eye appeal should theoretically fetch a better price than an equally graded coin with low eye appeal. Think about that... which coin would you buy? A MS64 with great eye appeal for $150 or the same coin in MS64 with low eye appeal for $135? Now with that in mind, thinking that "favors" are given to people [U]is[/U] ludicrous (to quote GDJMSP). Those who feel that way are most likely trying to compare eye appeal and grade... 2 things which [I]independently[/I] affect the marketability of a coin. eBay is a market for coins with low eye appeal in properly graded slabs. But that's just my opinion, and I'm sure that others may disagree and I'm sure that there are instances which would prove that statement to be incorrect. As a generalization, however, I stand by that statement.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
PCGS favors "big name" dealers?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...