Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
PNG endorsing NGC and not PCGS
>
Reply to Thread
Message:
<p>[QUOTE="rbm86, post: 9467, member: 854"]If it is the two articles you posted on the thread I read, then I have read them -- fascinating reading as well. ND seems to imply that the PNG endorsement switch is not that signficant, that it was driven primarily by $$$$.</p><p><br /></p><p>What would be enlightening perspective from the dealers here is how is the dealer community aligned vis-a-vis PCGS and NGC. From my somewhat limited perspective from reading books, I was under the impression that the larger dealers favored PCGS, and the "mainstream" dealers favored NGC (just an impression, no real factual basis). I was also under the impression that several large dealers had ownership in PCGS, but now that it is publicly traded, that may be less of an issue. So my first impression of the PNG switching to NGC was that there may have been a significant shift in dealer alignment with grading services. </p><p><br /></p><p>Anyway, now that both the ANA and PNG symbols will be on the NGC holograms, that appears, on the surface to be a significant competitive advantage. The answer probably is "we will see". </p><p><br /></p><p>Final question: from reading on the subject, I am still unclear about independence policies for the grading services. My understanding is that PCGS graders and executives can deal in coins (an apparent conflict of interest) and the NGC intially did not allow such personnel to deal in coins, but relaxed that somewhat to allow execs (i.e. Mr. Albanese) to deal but not graders. IGC claims independence, but I have no clue how strict thier independence standards are. Perhaps there are some "inside" rules (i.e. graders cannot grade their own coins, Dave Hall cannot grade his own coins, or only Dave Hall can grade his own coins), but I do not know what they are.[/QUOTE]</p><p><br /></p>
[QUOTE="rbm86, post: 9467, member: 854"]If it is the two articles you posted on the thread I read, then I have read them -- fascinating reading as well. ND seems to imply that the PNG endorsement switch is not that signficant, that it was driven primarily by $$$$. What would be enlightening perspective from the dealers here is how is the dealer community aligned vis-a-vis PCGS and NGC. From my somewhat limited perspective from reading books, I was under the impression that the larger dealers favored PCGS, and the "mainstream" dealers favored NGC (just an impression, no real factual basis). I was also under the impression that several large dealers had ownership in PCGS, but now that it is publicly traded, that may be less of an issue. So my first impression of the PNG switching to NGC was that there may have been a significant shift in dealer alignment with grading services. Anyway, now that both the ANA and PNG symbols will be on the NGC holograms, that appears, on the surface to be a significant competitive advantage. The answer probably is "we will see". Final question: from reading on the subject, I am still unclear about independence policies for the grading services. My understanding is that PCGS graders and executives can deal in coins (an apparent conflict of interest) and the NGC intially did not allow such personnel to deal in coins, but relaxed that somewhat to allow execs (i.e. Mr. Albanese) to deal but not graders. IGC claims independence, but I have no clue how strict thier independence standards are. Perhaps there are some "inside" rules (i.e. graders cannot grade their own coins, Dave Hall cannot grade his own coins, or only Dave Hall can grade his own coins), but I do not know what they are.[/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
>
US Coins Forum
>
PNG endorsing NGC and not PCGS
>
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...