Maybe it's not "fraud" by the legal definition, but the fact the tell you in advance they're going to rip you off doesn't mean they're not ripping you off. Just because it's technically legal doesn't make it ethical.
Stubbornness in the face of continuous complaints from their paying customers isn't something to be commended IMO.
I wonder how they determine what constitutes a planchet flaw bodybag situation since you can find hundreds of coins that they have graded with planchet errors ?
cwt there is something else that needs to be recognized. That is that not all TPG's can lumped together in one bag for not all of them are guilty of this. While the above scenario about the coins in mint packaging being rejected does happen at PCGS, I have yet to ever even hear of it happening at NGC. It also must be recognized that we need to be more specific about the reasons for a coin to be rejected for there is one reason where PCGS and NGC both do use subjective disqualification, that being toning. For you see with toning there are no hard and fast rules for either company. The reason for that is that sometimes even an expert cannot tell if a coin was artificially toned or naturally toned, some coin doctors are that good. And in that case both PCGS and NGC will judge a coin based on market acceptability. In other words, if the TPG believes that the majority of collectors and dealers alike will accept the coin as being naturally toned then the TPG will slab the coin. But if they have any doubt at all, they will not slab the coin. In this regard both companies are the same and the decision is indeed subjective. Again, we need to be specific. For while what you describe does often happen with PCGS, it rarely if ever happens with NGC. Which is why you will often hear that NGC is much more consistent than PCGS. I agree completely, if the TPG makes an error then the submitter does have the right and should complain. The key word is error. All I am saying they should not complain about is the TPG's policy about not slabbing problem coins. For like them, I do not think problem coins should be slabbed. Why ? Because there are too many collectors out there who do not know the difference between a problem coin and a problem free coin. And with all of the sellers there are that will take advantage of inexperienced collectors with raw coins, I would not like to see them be able to do so with slabbed coins as well. There are too many who buy plastic instead of coins. There are too many who do not know that the price should be greatly reduced for a problem coin and that just because it is a plastic slab that they should not pay full retail for it. Yes, if we lived in a perfect world where all collectors were educated and they all understood these vital differences, then I would agree with slabbing problem coins. Unfortunately we do not. And until we do I will forever stand on the side that offers the greatest protection to the inexperienced and uneducated. You are again correct. Too often many people will think that simply because I relate information about a given subject or policy that by doing so that I am endorsing or agreeing with that subject or policy. Nothing could be further from the truth. Yes there some times when I do agree or endorse ideas, but there are also times when I strongly disagree with them. Simply talking about them or relating in order to provide information to others does not necessarliy mean either one.
There are always two sides to every story [sometimes more] and I for one always appreciate it when you or someone else posts a well thought out opposing point of view, even if it sometimes doesn't seem that way. How else can anyone learn anything new? Most of what I've learned about coins comes from CoinTalk. I found out that many things I thought I knew had to be unlearned and relearned.