Coin World survey article: ACG unacceptable!!!
PhillyJoe
Posts: 2,700 ✭✭✭✭
This may come as a total shock to most of us, but Accugrade was rated unacceptable in 7 of 11 categories and poor in three others. Diane Hag wants the names of the the dealers who filled out the survey. She wants a second opinion. OK, she's unattractive, too.
Joe
Joe
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition.
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"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
1 - Reasonable grading
2 - Retrieve all the incorrect grades out there and regrade them fairly - financially compensate those that got they "lunch stolen" because of crappy grading policies of the past
do that and they have got to get more respect in the coin community.
Now, this is easier said than done, they will go broke several times over trying to make ammends for what they have done over the years.
Second strategy, go out of business, start over with new name and refer to the first suggestion above.
"Diane Hager, owner of ASA Accugrade, said: "I don't take it seriously. I don't think they speak for the coin industry. I question their methods. … There was no reason to have a survey. Everyone knew what the results would be, and I'm sure there was other motivation. The whole purpose was to discredit my product, my company. I think people with a brain are going to understand. Who really cares what PNG thinks? Who are they? Their pockets are big and deep and that's what this is about. … PNG is a self-serving, elitist organization, and I question the accuracy of their results. I'd like to know who these 151 dealers are and if they've ever used a service other than PCGS or NGC. … It's very disheartening when you've built a company for 18 years and have such a dedicated group of people."
Link to article
If you purposely build Yugos, don't expect to get Bentley ratings.
"This past March, PNG officials issued a consumer advisory, urging caution because some buyers, especially newcomers who conduct transactions on the Internet, may discover their "bargain" purchases are too good to be true."
Wayne
Wayne
www.waynedriskillminiatures.com
Um, hasn't that already been accomplished? Even the lowlife fleas are jumping ship and going to PCI because credibility is so low.
From the get-go, this company has been in a state of denial which truly boggles the mind.
Hager remarked, "I don't have any customers complaining - dealers, big or small; collectors, big or small."
and yes Diane Hager needs some bodily improvement, but that can be discussed elsewhere.
Go BIG or GO HOME. ©Bill
Allen
Proud member of TCCS!
However, I have seen very accurately graded coins in SEGS holders. In fact I don't remember seeing any errors in grading IMHO. But, I have only seen about a dozen or so.
PCGS, NGC and ANACS are still the best and I don't see their status position changing. ANACS are great in attributing problems to coins that the others are more reluctant to do. However, I have seen some outright errors in grading by ANACS. In fact I have several that they have graded MS that clearly exhibit wear and sholud have graded AU.
Dan
What I don;t understand, why doesn't ACG BB cleaned or damaged coins, they still get paid. Maybe they just can't grade?
Maybe it is the only way they can generate business, giving high grades(the above damaged coin was ACG MS65) to damaged goods.
i am sure that acg could target a segment of the collecting population and get completely inverted results. whether you like 'em or not, this survey is not fair and not representative. therefore, it is of little use to me. ie. it does nothing to affect my opinion of the various slabing services.
K S
So naturally there`s going to be " Playing Politics " . Thats part of having any business. I just don`t think Diane Hager is realisticly looking at the shortcomings of the company. Not unless she is developing a brand new system of grading that we don`t know about. Just my 2 cents anyway.
That aside, though, the results do seem to reflect the opinions of the larger collecting community, as evidenced by the segment represented here at this forum.
Russ, NCNE
I have emailed ACG many times and never gotten a response... I don't think they deserve high marks on ability or customer service...
Jeremy
a more useful survey might have been to poll dealers who actually have sold acg slabs side-by-side w/ other slabs, and compare retail values for equally assigned grades. that would be far more convincing than the png's "survey". however, i realize it would be far more costly and labor -intensive, requiring auditing of the participating parties. i think we could all guess what the results of my suggestion would be.
i "hate" hitler's concept of a nazi-dominated new world order. i "hate" the washington dc sniper. i "hate" those who planned to blow up the world trade center. but please refrain from indirect accusations that i "hate" grading companies, as it is not true, and i find it offensive.
it is true however that i do not value their services as highly as others on this forum.
K S
does ACG claim anywhere to use "ANA standards" for grading coins? if so, AND if you could prove that it is a lie, you might be able to prosecute, but i ain't no legal authority.
K S
I LMAO while reading that article. It was a beautiful thing and although it may have been biased, it seems to be fairly in line with collectors that I know and trade with.
And unfortunately as long as there is Ebay and new collectors there will be the pond scum that are the "satisfied clientele" that use this service to sucker those individuals in.
see? My Auctions "Got any 1800's gold?"
There is one thing that really irritates me more than Political Correctness.... Denial, and excuses. If your a LOOSER, own up to the fact, and make the required changes, and stop the whining and moaning.
I agree, but why did NGC score so high?
PCGS-PNG
NGC-ANA
In God We Trust.... all others pay in Gold and Silver!
While I agree with some of the results, the publication of this "set of opinions" disguised as a survey is unfortunate.
I think Larry Briggs raised the best objections, as did Dorkkark in this thread.
PNG and ICTA have done numsmatics a disservice by conducting and publishing this "survey". They have egg all over their faces and they put it there.
The grading services have much to answer for - but lets give them a fair trial - then hang the ones that deserve to be hung.
Personally (just my opinion) - I don't consider ACG a grading service - they are a vendor of sealed plastic containers - but that is only my opinion.
I think "Beth Deisher" Ed of CW, did an outstanding job pointing out the deficiencies in that "survey." Even though it is editorial, just about everybody knows who she is. To me, editorial or not, with her at the helm, I really believe she keeps some objectivity to the publication. I also admit I am not always in agreement with her views, but more often than not, it seems to me she provides some balance to any perceptions of bias at CW.