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<p>[QUOTE=&quot;Owle, post: 1256183, member: 22004&quot;]I would point to these citations in the code of ethics:</p><p><br /></p><p style="text-align: left"><span style="color: #000000"><p style="text-align: center">8.</p></p> <p style="text-align: left">[TD=&quot;class: cms_table&quot;]To grade coins accurately to the best of my ability and in accordance with recognized industry standards (or disclose fully my particular grading standards and how they may differ from recognized industry standards).[/TD]</span></p> <p style="text-align: left"><span style="color: #000000">&nbsp;[TR=&quot;class: cms_table, bgcolor: #d3d3d3&quot;]</span></p> <p style="text-align: left"><span style="color: #000000">[TD]<p style="text-align: center">9.</p></p> <p style="text-align: left">[/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD]To refrain from any of the following in dealing with non-professional customers:</span></p> <p style="text-align: left"><span style="color: #000000">(a) buying or selling at unreasonable prices;</span></p> <p style="text-align: left"><span style="color: #000000">(b) using high pressure sales techniques;</span></p> <p style="text-align: left"><span style="color: #000000">(c) using misleading performance data;</span></p> <p style="text-align: left"><span style="color: #000000">(d) comparing coins graded by a fringe grading service with those graded by an industry standard independent grading service in a way calculated to create an inaccurate impression;</span></p> <p style="text-align: left"><span style="color: #000000">(e) intentionally misrepresenting the origin, provenance or pedigree of a coin;</span></p> <p style="text-align: left"><span style="color: #000000">(f) intentionally misrepresenting the weight of a coin;</span></p> <p style="text-align: left"><span style="color: #000000">(g) intentionally misrepresenting the value of a coin.</span></p> <p style="text-align: left"><span style="color: #000000">(h) intentionally misrepresenting the investment potential of coins;</span></p> <p style="text-align: left"><span style="color: #000000">(i) intentionally misrepresenting an affiliation between myself and any Government agency.[/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[/TR]</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Read more: <a href="http://www.cointalk.com/t191209/#ixzz1WYU0Lcmf" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t191209/#ixzz1WYU0Lcmf">http://www.cointalk.com/t191209/#ixzz1WYU0Lcmf</a></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">The question is what is a reputable dealer doing having fringe grading service coins in his/her case or inventory?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">I bought a couple of those holders recently and sent them to NGC.&nbsp; The result was as follows for the two MS64 NNC and Numistrust coins:</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">[TABLE]</span></p> <p style="text-align: left"><span style="color: #000000">[TR=&quot;bgcolor: #fffccc&quot;]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]004 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]1925 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]D [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;] [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]$2.5 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]UNC DETAILS [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]IMPROPERLY CLEANED [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;] [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[/TR]</span></p> <p style="text-align: left"><span style="color: #000000">[TR=&quot;bgcolor: white&quot;]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]005 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]1928 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;] [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;] [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]$2.5 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[TD=&quot;class: tabledata&quot;]AU 58 [/TD]</span></p> <p style="text-align: left"><span style="color: #000000">[/TR]</span></p> <p style="text-align: left"><span style="color: #000000">[/TABLE]</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">I was surprized that the second coin graded frankly.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Who is hurt when selling such coins?&nbsp; I guess the people who don&#039;t have the best vision, who later find out that their coin is not worth what they thought it was. </span></p><p>[/QUOTE]</p><p><br /></p>

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