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<p>[QUOTE=&quot;JPeace$, post: 1953322, member: 42727&quot;]From the first pictures provided, I would have guessed the 1887 as an MS63.&nbsp; The contact marks on the cheeks were terribly distracting.&nbsp; The PCGS picture makes the cheek look cleaner.&nbsp; I&#039;m still a little concerned about the jaw and what appears to be a lot of marks.&nbsp; I&#039;d go MS4 on that one.</p><p><br /></p><p>I would have graded the 1900 as an MS62.&nbsp; The PCGS coin is overgraded, IMO.&nbsp; It just goes to show you that PCGS is not infallible as many collectors believe.</p><p><br /></p><p>My opinion on you venture:</p><p>1) Good luck.&nbsp; Nothing ventured, nothing gained</p><p>2) What kind of marketing experience do you have?&nbsp; If you look at the coin grading market, it&#039;s dominated by PCGS and NGC.&nbsp; There aren&#039;t high barriers to enter the market, but, and this is a big but, people are investing some serious money in coins.&nbsp; By investing, I don&#039;t necessarily mean they&#039;re hoping to get a return, I mean they are taking disposable income and spending a lot of it on highly valuable and expensive coins.&nbsp; People will not be easily persuaded to invest big dollars in a coin graded by NTC or an entrepreneur like you.</p><p>3) Does that mean, it can&#039;t be done?&nbsp; No, but they and you will have to EARN a reputation and that will only come with time.&nbsp; IMO, you&#039;ll be well served to earn that reputation on modern and lower value coins.&nbsp; I for one would not spend anywhere close to fair market value for an 1885 CC Morgan MS65 graded by any company other than PCGS or NGC.&nbsp; As you venture into these key dates and higher grades, you&#039;ll be working of razor thin margins at best.</p><p>4) There are already 3 grading companies in the second tier market: ANACS, ICG and SEGS.&nbsp; There are others as well.&nbsp; This market is crowded.</p><p>5) If you&#039;re prepared to spend 10 years building a reputation grading coins, you&#039;ll have a chance to make a profitable business out of it, but during those initial years, you will likely be bleeding cash.</p><p>6) Go in with eyes wide open![/QUOTE]</p><p><br /></p>

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