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<p>[QUOTE="johnmilton, post: 4169207, member: 101855"]The founder knew that a new grading service would not be economically viable, even with him running it. Others, like ICG and ANACS tried and actually made a good faith effort before they had to say that breaking the hold that PCGS and to lesser extent NGC have on the U.S. coin grading market is unbreakable.</p><p><br /></p><p>The CAC founder was able to leverage his reputation into a viable grading service. At the same time he was able to set up a situation where he and his dealer compatriots could buy coins sight-unseen with great confidence.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4169207, member: 101855"]The founder knew that a new grading service would not be economically viable, even with him running it. Others, like ICG and ANACS tried and actually made a good faith effort before they had to say that breaking the hold that PCGS and to lesser extent NGC have on the U.S. coin grading market is unbreakable. The CAC founder was able to leverage his reputation into a viable grading service. At the same time he was able to set up a situation where he and his dealer compatriots could buy coins sight-unseen with great confidence.[/QUOTE]
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