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<p>[QUOTE="Payton, post: 854131, member: 22129"]From what I gather, this is very sad news. It looks like the con artists will be allowed to continue the games they play in order to dupe buyers with doctored and overgraded notes. All we can do is to spread the word to new and novice collectors. The honest big time collectors already know the situation all to well and will continue to avoid CGX graded notes, or when they decide to procure one they will bid or pay 2-3 grades lower than slabbed. Just feel sorry for the poor slob that really thinks their buying a "real GEM" ! </p><p>Regardless of this dissapointing ruling, thank God that Knight, Heritage, Spink's and others will not allow CGX graded notes in their auctions. This brings up a point that most of us understand.</p><p> </p><p>Anyone care to chime in with their opinion as to why CGX graded notes are not allowed in the major auctions???[/QUOTE]</p><p><br /></p>
[QUOTE="Payton, post: 854131, member: 22129"]From what I gather, this is very sad news. It looks like the con artists will be allowed to continue the games they play in order to dupe buyers with doctored and overgraded notes. All we can do is to spread the word to new and novice collectors. The honest big time collectors already know the situation all to well and will continue to avoid CGX graded notes, or when they decide to procure one they will bid or pay 2-3 grades lower than slabbed. Just feel sorry for the poor slob that really thinks their buying a "real GEM" ! Regardless of this dissapointing ruling, thank God that Knight, Heritage, Spink's and others will not allow CGX graded notes in their auctions. This brings up a point that most of us understand. Anyone care to chime in with their opinion as to why CGX graded notes are not allowed in the major auctions???[/QUOTE]
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Problems with PMG overgrading notes
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