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<p>[QUOTE=&quot;Prime Mover, post: 1864657, member: 38783&quot;]This is not a good scenario for the industry, or in the end collectors who use these services.</p><p><br /></p><p>Taking slabs and TPG&#039;s out of the discussion, you need to have at least a couple competitors who are regarded as the top in any industry and who are on close to level competition grounds.&nbsp; If there are no checks and balances from a competitor it could have a negative effect on product and pricing (higher prices) as complacency could set in since they get cocky because of their previous reputation.</p><p><br /></p><p>The playing field is likely to level out a little more between PCGS and NGC, as I think it has a little already - NGC already seems more accepted as a close competitor to PCGS, at least in the recent past I&#039;ve been exposed to it.&nbsp; Although PCGS still commands the price premium on resale, I think their pricing structures creeping up are going to send more folks over to NGC not only because it&#039;s considerably cheaper, but the quality is deemed acceptable for the price and the product at least right now. For example I can get a coin graded with variety for roughly 30 bucks at NGC, meanwhile I&#039;m around 50 bucks at PCGS.&nbsp; That&#039;s a significant difference over even as little as 5 coins.&nbsp; Enough to make me seriously consider NGC, even given the lower possible resale, if I&#039;m considering more than one coin like that.</p><p><br /></p><p>The more money and coins that flow into NGC, the more experience they&#039;ll get with the coins, and the more higher-level expertise graders they&#039;ll be able to hire, and thus their product should continue to improve.&nbsp; That translates into better all around for us, competitive pricing for the grading, and better resale from either so it&#039;s less of a gamble.[/QUOTE]</p><p><br /></p>

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