Overheard at a local coin show...
I was walking around a local coin show yesterday and overheard a comment from a dealer that was something like this, my paraphrasing:
"I won't deal with PCGS anymore because it takes too long."
The dealer has many nice high-end coins, someone who has been in business for a long time. I was surprised to hear that.
Time is always a factor. The wait seems like a pretty common topic around here for collectors. But it must be brutal for dealers, where timing can be critical in fast moving markets, and who have money tied up and untouchable through that long wait.
If PCGS had an East Coast satellite office it would reduce shipping time / risk for ~half of submitters and speed overall processing at both sites by increasing capacity.
I'm sure you all will let me know why this is a bad idea. Thoughts?