Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
TPG Service Preferential Treatment?
>
Reply to Thread
Message:
<p>[QUOTE="Ambrose Hunter, post: 2245907, member: 41439"]Hi everyone! I recently came across an online numismatic article where, in the comment section, an individual indicated he believed Dealers receive preferential treatment when submitting their possible higher grade (modern) coins to Third Party Grading Services. This commenter also stated there had been a long standing rumor that Dealers receive better grading deals as compared to individual collector submissions to TPGs, specifically with respect to MS70 Silver Eagles.</p><p><br /></p><p>Have any individuals in the blogosphere felt that there has been TPG preferential treatment given to Dealers, as compared to individual submissions, despite the claimed anonymity of those submitting their classic or modern coins to TPGs (especially with respect to possible perfect and ultra rare coins)? Thanks</p><p><br /></p><p>An exact quote, in part, from the commenter of that numismatic article is as follows:</p><p><br /></p><p>"Well it’s true and I can prove it. I have a dealers account but send in small amounts from myself or my customers, I have never EVER had an MS70 for a silver eagle. Yet one the largest dealers in Florida only sells MS70 Silver eagles, I dropped into there store and asked if I could buy some graded silver eagles, they showed them to me, I asked if they had any cheaper such a MS69, they told, me “All our coins are MS70, we have them graded straight out of the US mint tubes 100’s at a time.</p><p>So I left, I sent a whole tube in and they all come back MS69, it was a sealed tube, I have sent others in as well, I have even gone through them trying to get the absolute best, yet none of mine have ever made MS70. How strange yet this BIG dealer only gets MS70’s back. I was still not convinced, so I purchased one on eBay from his dealer, an MS70. I very carefully cut it out, Nothing was touched, I was even using gloves, I sent it off, And yes you are right it came back MS69. This is without a doubt proof that BIG dealers get better grades, I console myself knowing this for a fact."[/QUOTE]</p><p><br /></p>
[QUOTE="Ambrose Hunter, post: 2245907, member: 41439"]Hi everyone! I recently came across an online numismatic article where, in the comment section, an individual indicated he believed Dealers receive preferential treatment when submitting their possible higher grade (modern) coins to Third Party Grading Services. This commenter also stated there had been a long standing rumor that Dealers receive better grading deals as compared to individual collector submissions to TPGs, specifically with respect to MS70 Silver Eagles. Have any individuals in the blogosphere felt that there has been TPG preferential treatment given to Dealers, as compared to individual submissions, despite the claimed anonymity of those submitting their classic or modern coins to TPGs (especially with respect to possible perfect and ultra rare coins)? Thanks An exact quote, in part, from the commenter of that numismatic article is as follows: "Well it’s true and I can prove it. I have a dealers account but send in small amounts from myself or my customers, I have never EVER had an MS70 for a silver eagle. Yet one the largest dealers in Florida only sells MS70 Silver eagles, I dropped into there store and asked if I could buy some graded silver eagles, they showed them to me, I asked if they had any cheaper such a MS69, they told, me “All our coins are MS70, we have them graded straight out of the US mint tubes 100’s at a time. So I left, I sent a whole tube in and they all come back MS69, it was a sealed tube, I have sent others in as well, I have even gone through them trying to get the absolute best, yet none of mine have ever made MS70. How strange yet this BIG dealer only gets MS70’s back. I was still not convinced, so I purchased one on eBay from his dealer, an MS70. I very carefully cut it out, Nothing was touched, I was even using gloves, I sent it off, And yes you are right it came back MS69. This is without a doubt proof that BIG dealers get better grades, I console myself knowing this for a fact."[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
TPG Service Preferential Treatment?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...