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<p>[QUOTE=&quot;sf340flier, post: 401108, member: 5806&quot;]Okay, well not really secrets...just little nuggets of info gathered from CLCT&#039;s annual 10-K report (CLCT is the ticker symbol for the parent company of PCGS).</p><p><br /></p><p>But, with all the discussion taking place about PCGS and it&#039;s decline in submissions and revenue from submissions (of which both facts are true as of 2007), I thought I&#039;d take a closer look.</p><p><br /></p><p>Did you know...</p><p><br /></p><p>By my calculations, the average owner&#039;s declared value of a PCGS submitted coin in 2007 was $920.46.</p><p><br /></p><p>By my calculations, the average price paid for authentication and grading at PCGS in 2007 was $14.96 per slab.</p><p><br /></p><p>As reported, there were over 200,000 less coin submissions to PCGS in 2007 than in 2006.</p><p><br /></p><p>As reported, the top 5 customers at PCGS accounted for roughly 14% of the company&#039;s revenue.</p><p><br /></p><p>It&#039;s all in the report...all in all, even with the slight decline in 2007, CLCT is a pretty well run company (in my humble opinion).</p><p><br /></p><p>By the way, the new 2008 10-K is due out soon...</p><p><br /></p><p>Source: <a href="http://www.sec.gov/Archives/edgar/data/1089143/000108914307000012/maindoc.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.sec.gov/Archives/edgar/data/1089143/000108914307000012/maindoc.htm" rel="nofollow">CLCT&#039;s 2007 Annual Report</a>[/QUOTE]</p><p><br /></p>

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