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What did PCGS accomplish in their complaint vs. the "coin doctors" last year?
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<p>[QUOTE="Owle, post: 1283212, member: 22004"]They had every right to do what they did. The unfortunate thing is that they did not get all their ducks in a row before doing the suit. I do not buy the argument that the grading services are fully responsible for what they charge to put in their holders--just because I can fool you into grading my doctored coins does not mean that you and you alone are responsible for the consequences.</p><p><br /></p><p>In this business, we have several huge problems with all the money at stake. Problem coins that will never grade with a number because they are just too impaired, and yet have dealers stand behind them as of a certain grade. Secondly, doctors who have been able to get the coins to cert. through their devious black arts and dealers complicit with them. Thirdly, those who overcharge for coins and therefore provide more of an incentive for collectors and investors to get less expensive though problem coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1283212, member: 22004"]They had every right to do what they did. The unfortunate thing is that they did not get all their ducks in a row before doing the suit. I do not buy the argument that the grading services are fully responsible for what they charge to put in their holders--just because I can fool you into grading my doctored coins does not mean that you and you alone are responsible for the consequences. In this business, we have several huge problems with all the money at stake. Problem coins that will never grade with a number because they are just too impaired, and yet have dealers stand behind them as of a certain grade. Secondly, doctors who have been able to get the coins to cert. through their devious black arts and dealers complicit with them. Thirdly, those who overcharge for coins and therefore provide more of an incentive for collectors and investors to get less expensive though problem coins.[/QUOTE]
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What did PCGS accomplish in their complaint vs. the "coin doctors" last year?
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