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.
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