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question on gaders an Mr.Hall

Are graders allowed to buy and sell coins and how is Mr.Hall able to run a rare coin business and still be at PCGS.

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  • homerunhallhomerunhall Posts: 2,498 ✭✭✭

    Full time graders are not allowed to buy and sell coins.

    We do have some outside consultants that we occasionally use, and we have some part-time graders that are also coin dealers. For these guys, we have an anti-self interest policy which basically says these guys can't render an opinion on something they own or have a financial interest in.

    I have owned David Hall Rare Coins, a botique dealership specializing in very high end rare coins, since 1977. I really not a grader at PCGS, but I do render my opinion whenever asked. I have the same anti-self interest rules as everyone else, but I take it a little farther. David Hall Rare Coins does not submitt coins it owns to PCGS for grading, so there's never a question about conflict of onterest...we just don't use the service.

    Thanks,

    David

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