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PCGS/NGC have an opportunity here

I, like most, was surprised to learn about the resignation of Rick Montgomery from PCGS. However, I think that both PCGS and NGC have a great opportunity to benefit from this.

For PCGS, they have the opportunity to strengthen their relationships with collectors and dealers, improve customer service, and bring in some new and fresh talent with new ideas and build upon their present success.

For NGC, Rick's presences will bring added strength to an already strong NGC, some additional collectors and dealers will submit coins to NGC because Rick is there, Rick will add knowledge to the grading practices of NGC, and Rick will bring an understanding of the market from a PCGS perspective.

I have the utmost confidence in both the PCGS and NGC teams. I can see more coins graded (for the coin industry), a higher level of customer service, and more trust in the grade which each coin receives.

So, although I am sad, I am happy, for I think the coin industry will benefit from this change.

Todd
Todd Abbey
800.954.0270

Comments

  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    how bout a pcgs/ngc merger? call it pncggcs, or something like that

    K S
  • Please, no merger! I feel there really is only competition between PCGS and NGC. Competition will keep both companies on their toes.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    what if pcgs merged w/ acg??? yikes!

    K S
  • Change is GOOD for an organization! Someone is going to come out the clear winner.
  • TRUST me when i say"its NOT the land its the MAN in the land" that will make all the diference in any company from jack in the box(we all know what despair they have been through)and still are on top!
    they went through a ecoli ordeal,totally negetive,but the MAN in charge kept doing business as normal,working hard!

    a restructer of pcgs would not be a good thing,they are known for what they are today,as 1 of the top 3rd party graders. to change anything at this point will be damaging.they are known for being tough on grades,to change this would harm every holder out there.
    to loosen up as many have suggested in a number of posts here,would make them in my opinion just like acg,sure if pcgs was to loosen up on grading,and change the way they HAVE ALWAYS done business,would give them a surge of net gain in profits,but soon the desire to have a pcgs holder would mean NOTHING,almost to the point of having a rare date coin in a acg holder.
    my thoughts on the topic is all i have mentioned here,as i see post after post............but do we all see the reality here? NOTHING is going to change,and if it did,it would be a nightmare!
    does anyone see my point? or have another way of looking at it?
    TRADERBOBZBLOG
    An open mind will support transformation.
    Recognize life is full of change
    and celebrate the opportunity.
    image
    "There is always a way to collect,Never surrender the hobby"
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    i would'nt think "loosening" or "toughening" standards is the issue. i'd think maintaining consistent standards would be. how can standards be consistent if the people keep changing?

    guess it don't matter 1 bit to me though, i don't own a single pcgs slab

    K S

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