The Mysterious Vanishing NGC Presser

Discussion in 'Coin Chat' started by V. Kurt Bellman, Jul 14, 2017.

  1. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    No, what I wrote IS the actual fees. All of them are "ship back". No show pick-ups.
     
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  3. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I have faith the modal Denver imposter line sitter has better olfactory traits than those in Chicagomont.
     
  4. ddddd

    ddddd Member

    I agree, but there may still be a show limit of say 5 or 10 sets. Some dealers will still want 100s of sets for grading, so the incentive will still be there to have people stand in line and buy the sets.
     
  5. ddddd

    ddddd Member

    To me there is nothing special about the labels. However, it has been proven that someone does buy them. The first few sellers to post those specially labelled coins on ebay will do well.
     
  6. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    NGC has said these Denver purchases will have a separate census (and more registry points, I'll bet, if that's your thing). I'm in the process of crossing all my PCGS coins to NGC, but not for registry. I just like the slabs, AND THE FIRM, much more than PCGS.
     
    Rassi likes this.
  7. messydesk

    messydesk Well-Known Member

    Well, you'll be smelling more weed, anyway.
     
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I surely intend to. I'm calling it "research" for Pennsylvania's med-mar transition.
     
  9. baseball21

    baseball21 Well-Known Member

    That's a hard pill to swallow value wise without upgrades
     
  10. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Well, "base", for you, I can fully understand that. You're actively buying and selling to a large degree in the current market. I'm only selectively buying. Getting a higher price is not a current consideration for me. I believe that by the time my pieces re-enter the market, NGC will have "earned" a superior reputation to that of PCGS. They're already there in my opinion, and as in most things, I expect the general opinion to eventually gravitate toward my own. Such is my confidence in my own views.
     
  11. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    Great. Kurt is now offering SaaS (Stoner As A Service).
     
  12. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    In the race to the bottom, the slowest runner is on the highest ground.


    We know and (love | put up with) you Kurt and we've never known you to be shy about your self image (although it is time to update your avatar based on this thread - the Post Office want's to know).
     
  13. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Tell me you're not even slightly curious what the Numismatic Literary Guild Bash is like while stoned. It may seem more "normal".

    Besides, both my son and I have medical conditions on the "authorized" list for Pennsylvania's med-mar program. (We're a no-leaf, processed-product-only state).
     
    Last edited: Jul 15, 2017
    Burton Strauss III likes this.
  14. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    I've been reading the eSylum for years. Until I got my first issue I didn't realize you could capture the musty smell of a library in an email.
     
  15. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Hey "base", I'll try to pick you up a copy of the PCGS mag. If I don't forget, I'll PM you and get a postal address from you.
     
    baseball21 likes this.
  16. baseball21

    baseball21 Well-Known Member

    I wouldn't say to a large extent, but I do make a point to try be informed about most of the markets. Seated coins are my babies, they are the one thing I have never tired of collecting and for them markets mean a lot less to me. I do like Bust dollars and am even not ashamed to admit I like SBAs and barbers as well. That said a lot of times I will just let the market dictate my opinions if I have no strong feeling one way or another when it comes to value or future value.

    I don't think it is a secret we have differing opinions on which grading company will stay on top. I have a hard time seeing how they could turn the current tide especially with their efforts of the last year backfiring big time in my opinion. I am sure you can appreciate not wanting to spend money to lose money.
     
  17. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Yeah, that's the difference. I believe in the "complete and utter inefficiency of markets" theory. Basically it goes, "the market" is almost always wrong. I believe this is a fact in current acceleration, because it is now nearly impossible to get "real" information anymore, because marketing masquerades as fact just about everywhere. It is what leads me to my negative opinion of the Internet, which isn't going to change anytime soon.

    On the TPG issue, I have never met even one PCGS employee I've found to be even marginally personable. They're without exception soulless mirthless people. NGC folks, on the other hand, are downright friendly. And yes, on the show floor, I see both.
     
    Last edited: Jul 15, 2017
  18. baseball21

    baseball21 Well-Known Member

    They aren't stocks though. Metals could be, but the rest a hedge fund couldn't lean on for price. And either way the market is always king
     
  19. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Unless your time horizon is decades past your own death, which mine is. Then, what the market says today doesn't mean squat.
     
  20. baseball21

    baseball21 Well-Known Member

    Today's market is always relevant. Either way I don't see how sinking companies at the high end could ever regain that reputation.
     
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