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<p>[QUOTE="GDJMSP, post: 2458741, member: 112"]I've never expressed an opinion on that point one way or the other yet. But given that it is self evident that CAC's sole purpose is to make money by providing their service, that they clearly state what they will do for you, which is grade the graders for a fee, that they clearly state that they make a market in coins with CAC stickers on them - so it's not even a question of a "potential" conflict of interest. It's an absolute fact, and they tell you so, up front.</p><p><br /></p><p>But then that is the very nature of a service oriented business. A service oriented business can't even exist WITHOUT what you call a conflict of interest. I mean it's not like CAC is professing to be providing a public service for the sole benefit of the public with no benefit to themselves. They tell you up front that they are doing what they do specifically to benefit themselves. </p><p><br /></p><p>And PCGS does the exact same thing. They do everything they can to get people to believe that they are the very best grading company there is. And David Hall is not only one of the primary founders and owners of PCGS, David Hall is also a coin dealer. And he only sells coins in PCGS slabs. Granted they are 2 different companies, but he owns both of them.</p><p><br /></p><p>What I am trying to say is that it is a given that there is a "conflict of interest" in a service oriented company. Any service oriented company.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2458741, member: 112"]I've never expressed an opinion on that point one way or the other yet. But given that it is self evident that CAC's sole purpose is to make money by providing their service, that they clearly state what they will do for you, which is grade the graders for a fee, that they clearly state that they make a market in coins with CAC stickers on them - so it's not even a question of a "potential" conflict of interest. It's an absolute fact, and they tell you so, up front. But then that is the very nature of a service oriented business. A service oriented business can't even exist WITHOUT what you call a conflict of interest. I mean it's not like CAC is professing to be providing a public service for the sole benefit of the public with no benefit to themselves. They tell you up front that they are doing what they do specifically to benefit themselves. And PCGS does the exact same thing. They do everything they can to get people to believe that they are the very best grading company there is. And David Hall is not only one of the primary founders and owners of PCGS, David Hall is also a coin dealer. And he only sells coins in PCGS slabs. Granted they are 2 different companies, but he owns both of them. What I am trying to say is that it is a given that there is a "conflict of interest" in a service oriented company. Any service oriented company.[/QUOTE]
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