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PCGS "Coin Doctor" Suit kicked out of Federal Court



 
 
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  #1  
Old December 17th 10, 11:02 AM posted to rec.collecting.coins
No User[_7_]
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Default PCGS "Coin Doctor" Suit kicked out of Federal Court

x-no-user: yes

The famous 'coin doctor' suit..."the whole enchilada" got tossed...judge
lambasted David Hall...outrageous that a company that charges for evaluating
coins is suing their own authorized dealers (agents) for PCGS's FAILURE to
properly do the job they purport to do.

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  #2  
Old December 17th 10, 10:51 PM posted to rec.collecting.coins
Jerry Dennis
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Posts: 1,207
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

On Dec 17, 6:02*am, "No User" wrote:
x-no-user: yes

The famous 'coin doctor' suit..."the whole enchilada" got tossed...judge
lambasted David Hall...outrageous that a company that charges for evaluating
coins is suing their own authorized dealers (agents) for PCGS's FAILURE to
properly do the job they purport to do.


Chalk one up for the good guys.

Jerry
  #3  
Old December 19th 10, 09:36 PM posted to rec.collecting.coins
Steve
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Posts: 46
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

On Dec 17, 4:51*pm, Jerry Dennis wrote:
On Dec 17, 6:02*am, "No User" wrote:

x-no-user: yes


The famous 'coin doctor' suit..."the whole enchilada" got tossed...judge
lambasted David Hall...outrageous that a company that charges for evaluating
coins is suing their own authorized dealers (agents) for PCGS's FAILURE to
properly do the job they purport to do.


Chalk one up for the good guys.

Jerry


I assume that you are saying that in a sarcastic manner as the coin
doctors certainly are not the good guys
  #4  
Old December 19th 10, 09:40 PM posted to rec.collecting.coins
Beanie[_2_]
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Posts: 209
Default PCGS "Coin Doctor" Suit kicked out of Federal Court


"Steve" wrote in message
...
On Dec 17, 4:51 pm, Jerry Dennis wrote:
On Dec 17, 6:02 am, "No User" wrote:

x-no-user: yes


The famous 'coin doctor' suit..."the whole enchilada" got tossed...judge
lambasted David Hall...outrageous that a company that charges for evaluating
coins is suing their own authorized dealers (agents) for PCGS's FAILURE to
properly do the job they purport to do.


Chalk one up for the good guys.

Jerry


I assume that you are saying that in a sarcastic manner as the coin
doctors certainly are not the good guys
`-`-`-`-`-`-`--`-`-`---`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-`-

PCGS should have caught those doctored coins when they graded them.
That they failed to do so is an indictment on their incompetence and cupidity.


  #5  
Old December 19th 10, 10:59 PM posted to rec.collecting.coins
Jud
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Posts: 1,215
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

On Dec 19, 4:40*pm, "Beanie" wrote:

PCGS should have caught those doctored coins when they graded them.
That they failed to do so is an indictment on their incompetence and cupidity.



Actually, an indictment on all TPG's. I recently had a Patriotic Civil
War Token returned by NGC in a body bag for "Questionable
Authenticity". I purchased it from Dale Cade (RIP), a well respected
authority on patriotics, and it was also viewed by Q.David Bowers,
SteveTanenbaum, Steve Hayden, Paul Cunningham, and a number of other
Civil War Token experts, none of whom raised an eyebrow. Not only do
the TPG's fail to ascertain doctored coins, but they apparently also
have insufficient knowledge or experience to identify legitimate ones
as well.

Jud -Life Member Civil War Token Society-
  #6  
Old December 21st 10, 11:45 AM posted to rec.collecting.coins
Jerry Dennis
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Posts: 1,207
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

On Dec 19, 5:59*pm, Jud wrote:
On Dec 19, 4:40*pm, "Beanie" wrote:

PCGS should have caught those doctored coins when they graded them.
That they failed to do so is an indictment on their incompetence and cupidity.


Actually, an indictment on all TPG's. I recently had a Patriotic Civil
War Token returned by NGC in a body bag for "Questionable
Authenticity". I purchased it from Dale Cade (RIP), a well respected
authority on patriotics, and it was also viewed by *Q.David Bowers,
SteveTanenbaum, Steve Hayden, Paul Cunningham, and a number of other
Civil War Token experts, none of whom raised an eyebrow. Not only do
the TPG's fail to ascertain doctored coins, but they apparently also
have insufficient knowledge or experience to identify legitimate ones
as well.

Jud -Life Member Civil War Token Society-


Like I said, chalk one up for the good guys.

Jerry
  #7  
Old December 21st 10, 01:57 PM posted to rec.collecting.coins
oly
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Posts: 3,111
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

On Dec 19, 4:59*pm, Jud wrote:
On Dec 19, 4:40*pm, "Beanie" wrote:

PCGS should have caught those doctored coins when they graded them.
That they failed to do so is an indictment on their incompetence and cupidity.


Actually, an indictment on all TPG's. I recently had a Patriotic Civil
War Token returned by NGC in a body bag for "Questionable
Authenticity". I purchased it from Dale Cade (RIP), a well respected
authority on patriotics, and it was also viewed by *Q.David Bowers,
SteveTanenbaum, Steve Hayden, Paul Cunningham, and a number of other
Civil War Token experts, none of whom raised an eyebrow. Not only do
the TPG's fail to ascertain doctored coins, but they apparently also
have insufficient knowledge or experience to identify legitimate ones
as well.

Jud -Life Member Civil War Token Society-


Which all begs the question why you felt the need to have a CWT
entombed in the first place. Why?

oly
  #8  
Old December 21st 10, 02:03 PM posted to rec.collecting.coins
Beanie[_2_]
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Posts: 209
Default PCGS "Coin Doctor" Suit kicked out of Federal Court


"oly" wrote in message
...
Which all begs the question why you felt the need to have a CWT entombed in the
first place. Why?


TPGing any coin or token makes its eventual sale much simpler.
Investors and hoarders are not likely to be able to properly assess condition
and are more likely to buy the slab, not the coin.
Furthermore, the rash of Chinese fakes makes certification more important - even
with the apparent deficiencies of NGC and PCGS.


  #9  
Old December 21st 10, 06:40 PM posted to rec.collecting.coins
Jud
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Posts: 1,215
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

On Dec 21, 8:57*am, oly wrote:

Which all begs the question why you felt the need to have a CWT
entombed in the first place. *Why?

oly


It's a R-9 token, with one die being the only use, and the other die
one of two uses. Unusual shape too, very small diameter and very thick
planchet. I am thinking of having it verified by the CWTS and then
sending both the token and the verification back to NGC. Don't know if
it will make a difference or not. And yes, the reason for slabbing it
is solely for resale purposes.

Jud -CWTS LM222-

  #10  
Old January 1st 11, 10:33 PM posted to rec.collecting.coins
TheBigOne
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Posts: 2
Default PCGS "Coin Doctor" Suit kicked out of Federal Court

I cant believe this law suit was dismissed. It was clear that PCGS proved
monetary damage due to a crime done in violation based on a written contract
agreeing not to commit crimes as defined by PCGS. Should of been a quick win
for justice and honesty. I think the coin doctors will be found guilty on
appeal it will only help PCGS and hinder those who practice such things.


 




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