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<p>[QUOTE=&quot;Black Friar, post: 5267142, member: 76221&quot;]If there is one thing grading services were formed for, is non-profit. </p><p><br /></p><p>They were founded because the Federal government allowed coins to be used to fund IRA&#039;s.&nbsp; The stipulation was that coins and bullion were required to be graded</p><p>by an independent third party.&nbsp; So the coin industry provided the answer: grading.</p><p><br /></p><p>Grading companies made profit, the dealers that helped fund the IRA&#039;s made money, and the rest of us went along with the whole concept.&nbsp; Sooo, no, no non profit status for slabbing companies.&nbsp; </p><p><br /></p><p>Merry Christmas, Happy Holidays, and a hopeful New Year to all.&nbsp; Be safe and be careful.[/QUOTE]</p><p><br /></p>

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