Should PCGS and NGC disclose the ID of a submitter on a slab like Old ANACS?
cameonut2011
Posts: 10,181 ✭✭✭✭✭
When ANACS first started and issued grading certificates, it included the name of the submitter. Should NGC and PCGS follow suit today?
It would allow for:
1 - Tracking of coin doctors more readily (i.e. who is submitting all of these doctored coins?).
2 - Allow for rapid identification of crack out artists to help curb grade inflation when compared to auction images or True Views in Coin Facts (i.e. who is getting these upgrades?).
Edited: If names are a problem for security purposes, then PCGS could use a submitter number or some other identifier.
0
Comments
I think for confidentiality purposes it may not be feasible !!!
...your on fire baby!
yet another stupid idea. please let it go.
The names would not be tenable but it certainly would be educational to have that information. Over time I think the IDs would leak out so that probably won’t happen either.
Not sure why it would matter who the crack out artist is. I read that as he or she knows how to grade. In addition, if a coin has not been cracked out would that mean that the coin is at best average for the grade listed? If you buy a coin just because of its listed grade then you may not do well on a coin financially. However, if you truly enjoy the look of a coin then most likely others will feel the same way. Who cares what the plastic reads or if there is a sticker on it. The bottom line is the buyer needs to like it.
No. The TPGs know, from internal tracking, who is doing the submitting. They are the ones on the hook, due to their guarantees (which are not all encompassing). Does anyone really think dealers will really shun coins that are believed to have been submitted by a coin doctor? On occasion, coin doctors have been instructors at ANA Summer Seminars!
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
No!!!
It was frequently crossed off on those certificates for security reasons.
I do not think this would be a good idea.... First of all, the TPG already knows (and maintains records) of who submits a coin. Second of all, security - would anyone want their name on a label that may appear on ebay or other public venues? Tracking people is already far too easy in today's computerized world. Cheers, RickO
No. What then request your grader?
There would be less incentive to reward the crack out artist with a large premium unless the first time truly was an error. It would help remove the reward for a driving force behind grade inflation. Maybe some would research coins a little more and use a little more scrutiny.
Love it. Make the lettering small enough so that a CAC sticker would cover it up.
To play devil's advocate, would it have helped to kill some of the eBay AT artist's sales? I forget his name. Edynamicmarketing or something like that?
Nope
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
This forum lately seems littered with more than its share of dumb ideas. This is one.
Kind regards,
George
Why would you want your name on a slab to advertise to everyone that you are a collector. Maybe business dealers
Lafayette Grading Set
That's why I suggested a number. That would obviate the need to disclose names. Think of it this way, if a large group of similarly toned coins hit the market, wouldn't it be useful to know if the pieces come from the same or a small number of submitters.
No. If an AT'd coin gets past a top-tier TPG, there are plenty of collectors who will conclude that it is 'market acceptable'.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]