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PCGS - Something positive to say.

PCGS has taken a beating lately and in some instances they probably deserve it. But we all make errors and I have known them to correct mistakes.

More importantly PCGS [NGC too] provide a measure of validity to our hobby. Imagine the days of sellers over grading a $1k coin by 2 grades or more, an expensive lesson for the uninformed. That's what turned me off to coins years ago, it appeared every dealer over graded their coins. Sure, it continues today with dealers who sell raw or rogue slabbers like A*G but it is a much better world.

I am no expert but last Thursday my golf buddy wanted me to look at his "silver medallion", it turned out to be a trade dollar. I was excited for him but it looked strange. I own 3 slabbed Trades and this one looked just "fuzzy". Upon closer examination I concluded it was a fake and a local dealer also came to the same conclusion. My friend was disappointed but imagine if he had sold it on ebay and some uninformed person bought it. A professional grading service protects buyers and that's good.

PCGS may have its faults but I am glad they are here.

Comments

  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    I agree with you. PCGS and NGC offer protection for the hobby. Its too bad
    that alot of newcomers to the hobby confuse the "QUASI" grading services with the real thing.


    Brian.
  • BearBear Posts: 18,953 ✭✭✭
    DesertLizard - If you are going to start making positive statements on this Forum
    you will need prior approval from the Board of Grumpy, Constipated Governors. You start allowing
    positive statements and who knows where it could lead to. Bearimage
    There once was a place called
    Camelotimage
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    hey lizard

    i can't help but agree with all you've said. i remember all too well "the good old days" of my youth!!

    al h.image
  • braddickbraddick Posts: 23,963 ✭✭✭✭✭
    Lots of fakes and counterfeits still float around (check out eBay's Bust dollars and Trade dollars for sale-), but it was even WORSE 15+ years ago.
    You practically didn't dare buy a 1909-S VDB without all kinds of consulation.

    peacockcoins

  • mdwoodsmdwoods Posts: 5,546 ✭✭✭
    I agree, but for certain series, I think you need to add ANACS as well. No one is better on moderns than PCGS. Mark
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • Bear must've been getting into the cheese locker if he got constipated! image
  • BearBear Posts: 18,953 ✭✭✭
    Nope, I ate too many pine cones yesterday.
    There once was a place called
    Camelotimage
  • Too bad you can't say the same for others in this business!

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