"Standardized Opinions?" -OR- "Style" vs. "Standard"
RegistryCoin
Posts: 5,117 ✭✭✭✭
It seems that each grading company has their particular market niche(s), punctuated by a certain grading "style", not so much a certain grading "standard".
If: Each grading company has a market niche, and they find this a favorable way to "divide the pie", and
If: The companies are trying hard to keep their niche, and
If: Their marketing approach and their markets support this niche, and
If: Their marketing supports their grading, and visa versa, and
If: Their marketing approach changes with the changing conditions of the market and the competition,
Then: A grading company's style, or "standard", will change, reflecting market and marketing changes, to remain competitive, to keep a strong hold on their niche.
While grading companies' marketing approaches continue to be adjusted, so will their grading style.
Other than perhaps, market position, this may be the only industry constant in the near future.
Perhaps, if grading companies' "styles" of grading were better understood, one may better get a "handle" on this dynamic market, may react better to sensed changes in standards, and may have more fun.
If: Each grading company has a market niche, and they find this a favorable way to "divide the pie", and
If: The companies are trying hard to keep their niche, and
If: Their marketing approach and their markets support this niche, and
If: Their marketing supports their grading, and visa versa, and
If: Their marketing approach changes with the changing conditions of the market and the competition,
Then: A grading company's style, or "standard", will change, reflecting market and marketing changes, to remain competitive, to keep a strong hold on their niche.
While grading companies' marketing approaches continue to be adjusted, so will their grading style.
Other than perhaps, market position, this may be the only industry constant in the near future.
Perhaps, if grading companies' "styles" of grading were better understood, one may better get a "handle" on this dynamic market, may react better to sensed changes in standards, and may have more fun.
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Comments
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
and it sets us apart from practitioners and consultants. Gregor
I think that now, that there is a "standard" other than ANA standards that is "acceptable", there will be no "standardized" standard in the industry, for a long time to come. NGC and PCGS enjoy, too much, their market niches, to try to "undifferentiate" themselves from each other.
Of course. I wasn't suggesting otherwise. I was only hinting (in a convoluted way) that there is a strong demand for each service to provide consistent grading to their own standard. PCGS and NGC realize that and both try to be consistent to their own standards. I do not think that they have EVER seriously considered changing their standards to maintain a specific distance from their competitor's (seemingly shifting) standard.
Still, there's no doubt that NGC chose to grade differently from PCGS from day one, for reasons best explained by Typetone and Nash.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.