We'll let the market decide
There's an item on page 5 of CoinWorld 6/23/08
about PCGS' new"Genuine Slab" for problem coins. They will consider authenticating certain damaged coins but they won't net grade them: "Some people value damage differently" "We'll let the market decide." --Ron Guth If markets can put a value on damaged coins without a grade from TPGs then shouldn't that market be able to value any coin without their grading opinions? ************************************************* "Paper [money] is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it."--Francisco d' Anconia Atlas Shrugged--Ayn Rand ************************************************* |
We'll let the market decide
"Longnine009" wrote in message . .. There's an item on page 5 of CoinWorld 6/23/08 about PCGS' new"Genuine Slab" for problem coins. They will consider authenticating certain damaged coins but they won't net grade them: "Some people value damage differently" "We'll let the market decide." --Ron Guth If markets can put a value on damaged coins without a grade from TPGs then shouldn't that market be able to value any coin without their grading opinions? I collect just one series of coins, comprising just ten coins, in PCGS slabs. I own one that they rejected as having been cleaned (I am sure that a couple of the others that I already own have also been cleaned) and would like to have that one slabbed to match the others. Trouble is, it cost me $30 for their "cleaned" opinion, but now it will cost me $100 for their "genuine" opinion. No, thanks. James |
We'll let the market decide
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... "Longnine009" wrote in message . .. There's an item on page 5 of CoinWorld 6/23/08 about PCGS' new"Genuine Slab" for problem coins. They will consider authenticating certain damaged coins but they won't net grade them: "Some people value damage differently" "We'll let the market decide." --Ron Guth If markets can put a value on damaged coins without a grade from TPGs then shouldn't that market be able to value any coin without their grading opinions? I collect just one series of coins, comprising just ten coins, in PCGS slabs. I own one that they rejected as having been cleaned (I am sure that a couple of the others that I already own have also been cleaned) and would like to have that one slabbed to match the others. Trouble is, it cost me $30 for their "cleaned" opinion, but now it will cost me $100 for their "genuine" opinion. No, thanks. James Think of it as upauthenticating your coins. :) ************************************************* "Paper [money] is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it."--Francisco d' Anconia Atlas Shrugged--Ayn Rand ************************************************* |
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