question on gaders an Mr.Hall
midwestcoin13
Posts: 583
in Q & A Forum
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.
0
Comments
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