Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Post a favorite SEGS graded specimen in your collection.
>
Reply to Thread
Message:
<p>[QUOTE="imrich, post: 3419844, member: 22331"]I agree with your general observations, but as you've stated there's no motivation for fairness?/cooperation/change. It's realized that collectors haven't the funds/interest to effect. It'll require actions by estates where their investment is virtually nothing, and a positive outcome will usually include their process legal expenses.</p><p><br /></p><p>Although it's believed that creative license was taken in the PCI lawsuit, it opened "doors" which are believed adversely applicable to current TPG practices when precedents are utilized.</p><p><br /></p><p>You'd probably determine that legality currently is a problem for generation of a litigious action, as subjectivity isn't generally allowed in an acceptable court action. It appears that the Numismatic industry grading system is based on subjectivity, which would be difficult to disprove as acceptable grading. Without a resubmission process resulting in a differing outcome because of lacking published - industry accepted objective standards. Items, such as has been presented in this venue, might facilitate a legal objective outcome.</p><p><br /></p><p>It's believed the tools for Numismatic "Industry" correction of practices Et Al are already established, and only require a series of conditions, or a motivated group of State Commerce Departments to effect change.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 3419844, member: 22331"]I agree with your general observations, but as you've stated there's no motivation for fairness?/cooperation/change. It's realized that collectors haven't the funds/interest to effect. It'll require actions by estates where their investment is virtually nothing, and a positive outcome will usually include their process legal expenses. Although it's believed that creative license was taken in the PCI lawsuit, it opened "doors" which are believed adversely applicable to current TPG practices when precedents are utilized. You'd probably determine that legality currently is a problem for generation of a litigious action, as subjectivity isn't generally allowed in an acceptable court action. It appears that the Numismatic industry grading system is based on subjectivity, which would be difficult to disprove as acceptable grading. Without a resubmission process resulting in a differing outcome because of lacking published - industry accepted objective standards. Items, such as has been presented in this venue, might facilitate a legal objective outcome. It's believed the tools for Numismatic "Industry" correction of practices Et Al are already established, and only require a series of conditions, or a motivated group of State Commerce Departments to effect change. JMHO[/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
>
Post a favorite SEGS graded specimen in your collection.
>
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...