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<p>[QUOTE="Lehigh96, post: 604976, member: 15309"]Mike,</p><p><br /></p><p>How much closer do you want me to get to the toned coin market. You state that the problem is far worse than most people think but don't provide one single fact to substantiate that claim. If you have insider information from either personal experience or a contact at the TPG's, please divulge your info.</p><p><br /></p><p>With regards to NCS, you are correct, but by encapsulating the problem coins in a different slab, NGC has effectively insulated it's reputation by not placing the problems coins in the NGC slab. I really think that PCGS used the GENUINE status to respond to the NGC-NCS problem. PCGS knew that submitters hate body bags and found a way to eliminate that problem. If this causes NGC to lose business, it is not out of the realm of possibility that NGC will create their own GENUINE/AUTHENTIC grade to keep up.</p><p><br /></p><p>I must be in a different world than everyone else. Can someone give me an example of a fad in the coin world where the price of a coin shot up dramatically, stayed there for 10+ years, and then crashed back to the original prices. </p><p><br /></p><p>What lenght of time must pass before a fad becomes something else. I am sure that when denim blue jeans were first worn for fashion, they were considered a fad. Good luck waiting for that one to end. Now parachute pants on the other hand, that was a fad.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 604976, member: 15309"]Mike, How much closer do you want me to get to the toned coin market. You state that the problem is far worse than most people think but don't provide one single fact to substantiate that claim. If you have insider information from either personal experience or a contact at the TPG's, please divulge your info. With regards to NCS, you are correct, but by encapsulating the problem coins in a different slab, NGC has effectively insulated it's reputation by not placing the problems coins in the NGC slab. I really think that PCGS used the GENUINE status to respond to the NGC-NCS problem. PCGS knew that submitters hate body bags and found a way to eliminate that problem. If this causes NGC to lose business, it is not out of the realm of possibility that NGC will create their own GENUINE/AUTHENTIC grade to keep up. I must be in a different world than everyone else. Can someone give me an example of a fad in the coin world where the price of a coin shot up dramatically, stayed there for 10+ years, and then crashed back to the original prices. What lenght of time must pass before a fad becomes something else. I am sure that when denim blue jeans were first worn for fashion, they were considered a fad. Good luck waiting for that one to end. Now parachute pants on the other hand, that was a fad.[/QUOTE]
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