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What is Trade N Grade?

skier07skier07 Posts: 3,965 ✭✭✭✭✭
in U.S. Coin Forum
Hi,
This might be a stupid question or perhaps this is slang, but what is it?

Bruce

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    It's an orgy for rich coin dealers.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • YousriYousri Posts: 477


    << <i>It's an orgy for rich coin dealers.

    Russ, NCNE >>

    image
  • JadeRareCoinJadeRareCoin Posts: 2,768 ✭
    imageimageimageimageimage
    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!
  • lordmarcovanlordmarcovan Posts: 43,530 ✭✭✭✭✭
    Never heard of it.

    Maybe 'cause I'm an impoverished part-time coin dealer, not a rich, orgy-prone one.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    this is what they look like. All those censored videos on TV come from the trade and grades.

    image
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • RussRuss Posts: 48,514 ✭✭✭
    Here are some secret images shot by an undercover collector posing as a rich dealer:

    image

    image

    image

    image

    He managed to pass the film to an accomplice right before he disappeared, never to be heard from again.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • skier07skier07 Posts: 3,965 ✭✭✭✭✭
    What do they offer for poor collectors?

    Bruce
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Free flips.

    Nice toga girlsimage

    Cameron Kiefer
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Skier07, your question was certainly not a stupid one.

    "Trade N Grade", while not nearly as exciting as you might have been led to believe from previous replies to this thread image.......refers to small (approximately 20 dealers in attendance) dealer-only shows sponsored by NGC and held in Vegas approximately 5 times per year.

    It is an opportunity for the dealers to conduct wholesale-only business and to submit coins to NGC for on-site grading.
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Helpful link although there will be some of the same old replies in this thread also.

    Cameron Kiefer
  • UncleWigglyUncleWiggly Posts: 2,467
    coinguy1, doesn't PCGS hold some too? I thought the last one wqas held jointly by NGC and PCGS.

    Thanks,


    Jerry
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    In order to try to avoid any confusion on this topic - PCGS holds their own version, also in Vegas and approximately 4 or 5 times per year. It is called the "PCGS Invitational".

    Below is a link to a PCGS article about the April 2004 event - invited dealers and registry set owners are allowed to attend these. PCGS does a wonderful job for the dealers and non-dealer attendees.

    Link to article
  • skier07skier07 Posts: 3,965 ✭✭✭✭✭
    image

    Hi,
    From a layperson this stinks. Do the boys get together in Vegas with the preconceived notion of automatically getting upgrades especially if they crossover? Does anyone know what percentage of coins successfully upgrade? Do the boys meet at Cheetah's or the Crazyhorse II for a few lap dances with the finalizer and
    charter a helicopter to the chicken ranch?

    Bruce
    RSVP me for the next event
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Do the boys get together in Vegas with the preconceived notion of automatically getting upgrades especially if they crossover? Does anyone know what percentage of coins successfully upgrade? Do the boys meet at Cheetah's or the Crazyhorse II for a few lap dances with the finalizer and charter a helicopter to the chicken ranch?
    >>

    In answer to all three questions - no.
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    Sounds like TRADE AND BRIBE would be more aptly named. Why else would a dealer go to a "special" show with the word TRADE as a headlight?? Isn't ALL grading the same, show, or in house? Are the lights better in Vegas?? Many questions, many unanswered. Hmmmmmmm..image
    image
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    You guys can speculate all you care to about conspiracies, etc.

    Many dealers, whether they do little, mostly or exclusively wholesale sales, enjoy being able to transact business with a small, well-known group of fellow dealers. For example, I might do 80 % of my wholesale business with 20 dealers combined, many of whom are in attendance at these shows.

    These gatherings can be highly efficient, relaxing and fun. Plus, dealers can leave the shows as early as they please and not receive too much grief for it, since there is no public there to be disappointed by a near empty bourseimage
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    These gatherings can be highly efficient, relaxing and fun.

    Bingo! image

    I know I had a great time at the last event. image

    edited to add, lest my wife ever see this thread, that the great time was at the blackjack and poker tables - not a toga party!
    Early Dollar Set
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    lest my wife ever see this thread, that the great time was at the blackjack and poker tables - not the toga party!

    What, you did not enjoy the toga party??? image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    Hey Mark, believe it our not there are a lot of "ostritch" collectors, myself included, who don't want to believe that there is a wholesale market and a retail market. But the idea that a special GRADING show is held for dealers has a smell to it. Grading is supposed to be uniform at all times...and no special event should be held for dealers only without expecting some eyebrows to rise. I do not believ in the conspiracies that many do, but I just think the concept is bad.
    image
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    What, you did not enjoy the toga party???

    The mere thought of Laura in a toga ends all speculation about whether such an event occurs....

    image
    Early Dollar Set
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>But the idea that a special GRADING show is held for dealers has a smell to it. >>



    Quit whining, buy a damned toga and go to the next PCGS event.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Post more pics of those toga babes!

    Cameron Kiefer
  • BarryBarry Posts: 10,100 ✭✭✭
    Do the showgirls wear NGC slabs for pasties?
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Cam,

    Before you ask, the twins do NOT attend the Trade N Grades. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Quit whining, buy a damned toga and go to the next PCGS event. >>



    TO-GA! TO-GA! TO-GA!

    image
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    It's an orgy for rich coin dealers.

    I believe your whine was ready before mine!!
    image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>It's an orgy for rich coin dealers.

    I believe your whine was ready before mine!! >>



    You appear to be confused. Let me help you out.

    Joke:



    << <i>It's an orgy for rich coin dealers. >>



    Whine:



    << <i>But the idea that a special GRADING show is held for dealers has a smell to it. >>



    See the difference?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    Joke:

    << It's an orgy for rich coin dealers. >>

    Where's the JOKE part?? I see no difference.

    But I'm not hip to the "secret handshake" lingo here. I'm certainly not confused.

    << But the idea that a special GRADING show is held for dealers has a smell to it. >>

    OBSERVATION, not whine. Your point is lost here. As is your sense of humor. image
    image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i><< It's an orgy for rich coin dealers. >>

    Where's the JOKE part?? I see no difference. >>



    Since an orgy is a sex party, and since I followed up with pictures of drunks in togas, and since clearly that isn't really what a trade and grade is, uh duh, yeah it was a joke. Are you really that clueless?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • JohnMabenJohnMaben Posts: 957 ✭✭✭
    Agree with Mr Feld except the last T&G was about 35 dealers; haven't been to a PCGS Invitational yet.

    John Maben
    Pegasus Coin and Jewelry (Brick and Mortar)
    ANA LM, PNG, APMD, FUN, Etc
    800-381-2646

  • puffpuff Posts: 1,475


    << <i>Joke:

    << It's an orgy for rich coin dealers. >>

    Where's the JOKE part?? I see no difference.

    But I'm not hip to the "secret handshake" lingo here. I'm certainly not confused.

    << But the idea that a special GRADING show is held for dealers has a smell to it. >>

    OBSERVATION, not whine. Your point is lost here. As is your sense of humor. image >>



    I wish Carolj would hurry up and put some of those "popcorn" emoticons to choose from!image

    And Cammie STFU!image
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    Oh I don't think I'm clueless. when you said it was an orgy for "RICH COIN DEALERS" that smacked of resentment. Funny thing is I actually agreed, but youu seem to be picking at something. So let's be nice and put it to sleep.image
    image
  • RussRuss Posts: 48,514 ✭✭✭
    image

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    It made me throw up...what's in that download???image
    image
  • puffpuff Posts: 1,475


    << <i>image

    Russ, NCNE >>



    Damn Russ I almost tried to install that!image
  • JohnMabenJohnMaben Posts: 957 ✭✭✭
    Many years ago, in the last great bull market (actually at the end of it) Roger Bryan put on a show called the "Bull 100". This is the same concept, but with the wide spread prevalence of 3rd party grading, it's logical that would be part of the equation. No monkey business, just a more exclusive show, by invitation.

    John Maben
    Pegasus Coin and Jewelry (Brick and Mortar)
    ANA LM, PNG, APMD, FUN, Etc
    800-381-2646

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    .... uh duh, yeah it was a joke. Are you really that clueless?

    This is one of Russ' standard 101 replies. You can buy the book on Amazon.com for $9.95. Don't pay him any mind. It's just a cry for help when he reailzes someone got the better of him.

    roadrunner




    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • RussRuss Posts: 48,514 ✭✭✭
    I see roadrunner is still stinging from having his ass handed to him time after time over in the open forum. image

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    I enjoyed the couple of toga parties I've been to. One time, I got laid! that was fun.

    Liberty: Parent of Science & Industry

  • RotatedRainbowsRotatedRainbows Posts: 2,085 ✭✭
    There is a lot more to it then a bunch of dealers trying to upgrade coins, they have other activities as well.

    image

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