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<p>[QUOTE=&quot;davidlawrence, post: 486136, member: 15258&quot;]The is a great post, and very factual overall. I did buy the assets of PCI last February and decided quickly that the reputation could not be salvaged. While there are many decent coins in holders, there are more that are inaccurately graded...and worse yet...many counterfeit coins in holders, or incorrectly attributed (MS as Proof, etc). There are so many traps in improperly graded coins out there and we are genuinely worried that many collectors are not aware of the dangers.</p><p><br /></p><p>Anyway, we decided to rebrand the company completely because it was always my intention to start from scratch with a brand new grading company -- based on the censervative standards of the 1970s-era Photograde books that I was raised on.</p><p><br /></p><p>After about 6 full months in operation, we have graded over 6000 coins and only about 10% of those were submitted by DLRC. We have hired one the best variety experts in the country in Mike Ellis (our Senior grader) who spent over a decade at ANACS and ICG before joining us. He is excellent at his job and loves coins! It&#039;s really been a lot of fun for us so far...</p><p><br /></p><p>Our buggest hurdle remains eBay acceptance which is inexplicably hard to negotiate. So far I have found noone home at eBay to help us understand what measures need to be taken for acceptance, but I am working on that. In the meantime, DLRC (and DLRC Auctions) is the primary marketmaker for DGS coins and I can tell you our customers have been aggressive buyers of DGS-graded coins becuase the quality is there. I would venture that 50% of our coins listed with problems on the holders might slip through other services without notation. But we are not interested in glossing over the details. If a coin has been lightly cleaned, we will say so. There&#039;s nothing wrong with a lightly cleaned coin, but one can&#039;t ignore the reality as a grading service.</p><p><br /></p><p>I could ramble on forever, so I&#039;ll stop now. Thank you all who support us. I think if you give DGS a try (whether grading or as a buyer) you&#039;ll be very pleased with the service level and quality of the coins.</p><p><br /></p><p>Happy Holidays to everyone in the numismatic community. I look forward to seeing you all at the FUN show!</p><p><br /></p><p>Sincerely,</p><p>John Feigenbaum</p><p><br /></p><p>p.s. our blogs and press releases are posted at <a href="http://www.stellacoinnews.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.stellacoinnews.com" rel="nofollow">www.stellacoinnews.com</a>.[/QUOTE]</p><p><br /></p>

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