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PCGS WHINES IN FULL PAGECOIN WORLD AD

cohodkcohodk Posts: 19,076 ✭✭✭✭✭
Here we go again. As Rodney King said "Can't we just all get along?" Why did they have to take out a whole page ad and again pronounce that respect can't be bought.

PCGS had bought it for the past 3 years. If it doesnt mean anything why rehash it again in the leading trade publication?

PCGS is going to push all the dealers away with this behavior. I dont know if the ship is sinking or has just lost its captain, but somebody better grab the wheel soon.

Ad is in the APRIL 12, 2004 COIN WORLD page 61.

This is no April fools joke.
Excuses are tools of the ignorant

Knowledge is the enemy of fear

Comments

  • This topic is SO two weeks old.

    We know the following: all endorsements can be bought. All of them. Sports, politics, entertainment. Why would coins be any different? For enough money you can hire any expert to say anything--why should a "club" of dealers (PNG) be any different? I still think it's funny that NGC is peddling their wares on HSN image

    Move on.
    I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
  • RussRuss Posts: 48,514 ✭✭✭
    Not getting enough action in your thread over at sleepy hollow? Nice of you to clean up the tone for this audience, though.

    Russ, NCNE


  • << <i>Not getting enough action in your thread over at sleepy hollow? >>

    image
  • cohodkcohodk Posts: 19,076 ✭✭✭✭✭
    Well PCGS brought it up by placing a full page ad. If this is such a non-event then why do it. This is what I wrote across the street.

    I know this story has been hashed to death but now they are really bringing out to the public.

    HRH must really be pissed. He again states that respect must be earned not bought. Why the heck was he trying to buy it then? Then he says that the sticker on the holder is worthless. Why did he display it so prominately on PCGS holders?

    I have a feeling this story is going to be played out all year.


    Coin World dated April 12, 2004 page 61

    This is no joke. I couldn't believe myself. I actually had to put the paper down and close my eyes thinking it was just a bad dream. I would have thought they could have put it behind them by now--just chalk it up to experience.

    I really don't know who they are trying to fool with this respect can't be bought thing. I mean, they tried to buy it . Talk about biting the hand that feeds, they are going to drive every dealer away from them. Soon they will only be grading statehood quarters and TomB's favorite Sacs.

    I think next week this will be the cover story in Coin World.



    Placing full page ads like this does nothing to promote our hobby. I really was shocked when I saw it.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    Thanks for posting fish-boy.
  • >>>>I think next week this will be the cover story in Coin World. <<<<

    Only if you become the Editor Salmon patty.image
  • K6AZK6AZ Posts: 9,295
    Again I'll say, who cares who's endorsement is on the holder? We know who grades what in what fashion, and I could care less about PNG or ANA endorsement stickers.

    Enough already on this. I'm tired of hearing about it from both sides of the street.
  • AethelredAethelred Posts: 9,288 ✭✭✭


    << <i>Again I'll say, who cares who's endorsement is on the holder? We know who grades what in what fashion, and I could care less about PNG or ANA endorsement stickers.

    Enough already on this. I'm tired of hearing about it from both sides of the street. >>



    What he said!
    If you are in the Western North Carolina area, please consider visiting our coin shop:

    WNC Coins, LLC
    1987-C Hendersonville Road
    Asheville, NC 28803


    wnccoins.com
  • DHeathDHeath Posts: 8,472 ✭✭✭
    cohodk

    I frequent both boards (PCGS/NGC) because I like both communities, and enjoy talking to the collectors on both. I do that for my own satisfaction. In all candor, it has nothing to do with the companies. It has only to do with the members who post to those forums. The host is incidental.

    I also buy holdered coins without regard to which holder (if any), again for my benefit, and not the benefit of the companies. I like coins, and the plastic is part of the marketing of some coins, but the holder is incidental.

    I sometimes submit coins I intend to sell. I do that to improve their saleability to my benefit. The TPG is the beneficiary of my submission, but their profit is incidental. It is my profit I'm concerned with.

    I guess my point is that as interesting as it is to watch all the posturing, politics, and inner workings of the industry, none of it really impacts my enjoyment of the boards or the hobby. I visit the forums to talk to other collectors, dealers, and friends. I think many collectors forget that we (the customers) are not really joined at the hip with ANY TPG, and that they're incidental. May the one that does the best job of satisfying customers be rewarded, and may the ones who don't try harder. Coins in unpopular holders are but a single blow away from liberation. I have no vested interest in the companies beyond the services they render, so as far as I'm concerned, WE can "all get along". THEY can't, but WE can. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • BearBear Posts: 18,953 ✭✭✭
    Me too.
    There once was a place called
    Camelotimage
  • I think that cohodk is simply pointing out that it was really a bad move to slam the concept of buying a PNG endorsement, even though PCGS has been doing just that. I completely agree. The irony is that the PNG endorsement is worthless, imho. Of course the PNG endorsement may bring a lot of business to whomever receives the endorsement, since the PNG members may submit more. That's out of my realm of understanding. I don't play this plastic game like some of the "big boys". The coin collecting landscape sure has changed. Everything is so damn political.

    cohodk, thanks for posting this. I have not yet seen the latest CW edition.
    www.jaderarecoin.com - Updated 6/8/06. Many new coins added!

    Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
  • CoinosaurusCoinosaurus Posts: 9,625 ✭✭✭✭✭
    DHeath has an excellent attitude. Let's get rid of him image


  • << <i><< Again I'll say, who cares who's endorsement is on the holder? We know who grades what in what fashion, and I could care less about PNG or ANA endorsement stickers.

    Enough already on this. I'm tired of hearing about it from both sides of the street. >>



    What he said!

    << <i>
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>it was really a bad move to slam the concept of buying a PNG endorsement, even though PCGS has been doing just that. I completely agree. >>



    Actually, I also agree. It looks petty and childish, and ill-advised from a business standpoint. But, to think - as so many over at sleepy hollow do - that it signals the beginning of the end and spells doom for PCGS is just plain laughable.

    Russ, NCNE
  • cohodkcohodk Posts: 19,076 ✭✭✭✭✭
    DHEATH,

    I couldn't have said it better myself. I own slabs from the big 3 and submit to the big three. I have very beautiful coins in all holders that I know would cross at any service. IMHO all TPG's are the same. There are posters on both boards whose opinions I respect and those that I couldnt care less.

    My point in starting this thread was that I can't understand why this issue is such a big deal to PCGS. Obviously it means alot more to PCGS than they are letting on. But I do know that this is not beneficial to the hobby and certainly will not instill confidence for those new to the hobby.

    And as far as the name calling. I am very disappointed.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • wayneherndonwayneherndon Posts: 2,356 ✭✭✭
    As Rodney King said "Can't we just all get along?"

    Actually, I like Hank Williams, Jr.'s version better: "Can't we all just get a long neck."

    WH

  • BearBear Posts: 18,953 ✭✭✭
    People whose opinions we can respect?...............................who, where. Nope dont see

    anyone yet I respect. Wait a minute, heres one.........................Oh, its just a mirror.
    There once was a place called
    Camelotimage


  • << <i>Actually, I like Hank Williams, Jr.'s version better: "Can't we all just get a long neck." >>

    image
  • DHeathDHeath Posts: 8,472 ✭✭✭
    DHeath has an excellent attitude. Let's get rid of him. image



    image perfect. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • Actually, I like Hank Williams, Jr.'s version better: "Can't we all just get a long neck."...Wayne, I agree wholeheartedly!!!..Ken..imageimageimageimageimage
  • ERER Posts: 7,345
    I was gonna say..........................imageimageimageimageimage
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    Have any of you considered the lead time necessary to get the information into print. When the topic was hot a couple of weeks ago, if you submitted this information it would just be coming out in CW now. I think it is just a matter of timing, not an attempt to keep fanning the flames. And for what it is worth, I agree with Don completely on his TPG perspective.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>My point in starting this thread was that I can't understand why this issue is such a big deal to PCGS. Obviously it means alot more to PCGS than they are letting on. But I do know that this is not beneficial to the hobby and certainly will not instill confidence for those new to the hobby.

    And as far as the name calling. I am very disappointed. >>



    Spare us the righteous indignation please.

    Based on your carefully chosen headline and absurd 'the ship is sinking' argument, it appears to thinking individuals that your point was to post a juvenile slam PCGS thread.

    In the future, if you wish to engage in an intellectual debate on a topic, perhaps you should make some intelligent points and present them like an adult.


  • WaterSportWaterSport Posts: 6,765 ✭✭✭✭✭
    Well, taking out bid ads is not going to lower slab cost anytime soon....

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭


    << <i>Again I'll say, who cares who's endorsement is on the holder? We know who grades what in what fashion, and I could care less about PNG or ANA endorsement stickers. >>

    obviously, lots of people care. pcgs cares. david hall cares. ngc cares.

    haven't read the rag yet, but now i'm interested!

    K S
  • rottnrogrottnrog Posts: 683 ✭✭✭


    It really does make Hall sound like a sore loser!!!

    He sounds like an upset 7 year old!!












  • I wonder how much of the company money PCGS wasted on such a worthless ad, I do not know how much CW charges for a full page ad but I doubt if it is cheap. If PCGS had won the bidding war would they also have wasted the money proclaiming that they did buy the endorsement AGAIN??
  • seanqseanq Posts: 8,645 ✭✭✭✭✭


    << <i>DHeath has an excellent attitude. Let's get rid of him image >>



    "... and finally, Lord, thank you for making me put my coffee down just before I read coinosaurus' post above. Amen."


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor

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