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PCGS places itself ABOVE NGC & CAC …. Go Figure!
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<p>[QUOTE="GDJMSP, post: 2834312, member: 112"]Sounds remarkably like the argument used regarding problem coins not being slabbed. And even though the TPGs swore in writing and verbally, for 20 years, that they would never do such a thing - they did. </p><p><br /></p><p>Problem is, people thought they did it because of the argument, but they didn't. They did it because it made up for the lack of submissions they were experiencing due to running out of coins to grade.</p><p><br /></p><p>And that's all that crossing is, a way to get more submissions, and a quite effective way I might add. For half the time, or maybe more, they get paid without having to do anything but offer their opinion. They have no cost involved in slabbing at all and that increases their bottom line.</p><p><br /></p><p>Now no doubt, and probably sooner than later, they'll come up with a way to get you to pay them additional fees "to tell you" what their grade would be, but again without incurring the costs associated with actual slabbing. And of course you'll be no better off than ya were before. Just like you are no better off with getting your problem coins in slabs. In fact you're probably worse off. They're still problem coins, only now <u>everybody</u> knows it.</p><p><br /></p><p>And that in itself created another side industry in the hobby - the practice the unscrupulous use by cracking out slabbed problem coins and reselling them raw to those without the experience to recognize them.</p><p><br /></p><p>One of these days, hopefully, collectors will figure out that they are their own worst enemy. And maybe then, stress maybe, something will actually be done to put an end to the nonsense in the TPG industry and we will have fair, accurate, and consistent coin grading - across the board.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2834312, member: 112"]Sounds remarkably like the argument used regarding problem coins not being slabbed. And even though the TPGs swore in writing and verbally, for 20 years, that they would never do such a thing - they did. Problem is, people thought they did it because of the argument, but they didn't. They did it because it made up for the lack of submissions they were experiencing due to running out of coins to grade. And that's all that crossing is, a way to get more submissions, and a quite effective way I might add. For half the time, or maybe more, they get paid without having to do anything but offer their opinion. They have no cost involved in slabbing at all and that increases their bottom line. Now no doubt, and probably sooner than later, they'll come up with a way to get you to pay them additional fees "to tell you" what their grade would be, but again without incurring the costs associated with actual slabbing. And of course you'll be no better off than ya were before. Just like you are no better off with getting your problem coins in slabs. In fact you're probably worse off. They're still problem coins, only now [U]everybody[/U] knows it. And that in itself created another side industry in the hobby - the practice the unscrupulous use by cracking out slabbed problem coins and reselling them raw to those without the experience to recognize them. One of these days, hopefully, collectors will figure out that they are their own worst enemy. And maybe then, stress maybe, something will actually be done to put an end to the nonsense in the TPG industry and we will have fair, accurate, and consistent coin grading - across the board.[/QUOTE]
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PCGS places itself ABOVE NGC & CAC …. Go Figure!
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