OK,you have to give your coin club a brief talk about PCGS....

What would you cover?

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With that said I would tell them about the benefits of knowing key coins are not counterfeit. That is about as far as I could go here.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
"Keep your malarkey filter in good operating order" -Walter Breen
"Okay folks, PCGS will add value to your collectible coins. By a show of hands, which of you in the club have collectible coins ?" All hands rise. "Great, it's about $20 per coin". All hands drop.
"Next subject" " Who wants free donuts and coffee ? " All hands rise.
<< <i>It would go something like this :
"Okay folks, PCGS will add value to your collectible coins. By a show of hands, which of you in the club have collectible coins ?" All hands rise. "Great, it's about $20 per coin". All hands drop.
"Next subject" " Who wants free donuts and coffee ? " All hands rise. >>
Don't for get to explain and show the PCGS Price Guide.
WS
Second, the benefits of TPG's
Third, the negatives.
Fourth, the market.
Conclusions and recommendations.
Cheers, RickO
<< <i>First, why TPG's came into existance.
Second, the benefits of TPG's
Third, the negatives.
Fourth, the market.
Conclusions and recommendations.
Cheers, RickO >>
I'd mostly agree. It depends on the time allotted and the level of interest.
If there is time I would talk about the submission process, how the grade is an opinion, how not all coins at a given grade will yield the same price at auction, grade inflation. Allow time for questions.
If there isn't much time, just the basics of how to submit, the costs, and what kind of coins a person might want to submit, and forget the rest.
PCGS is in a family of companies, name them and the parent company.
Name the Presidents of said companies and give a brief history.
Focus on PCGS's mission.
Resources available to the collector on the internet ie; CoinFacts/chat boards/Registry, etc.
Serve the Kool-Aid
Touch on what you think the grading services will be doing in the future.
Open for discussion/questions.
"Keep your malarkey filter in good operating order" -Walter Breen
Bump for some 'sage' advice from the daytime viewers.
I would start with an honest assesment (from your experience with the club) of what you think they already know and go from there.
Be sure to bring some object lessons (ie: slabs). If you have on hand, bring similar coins in comparable NGC/PCGS grades so they can see how much nicer the PCGS coins are.
Good luck.
Empty Nest Collection
<< <i>Good suggestions - It's hard to fathom an active coin club that needs to be brought up to speed on TPG's.
I would start with an honest assesment (from your experience with the club) of what you think they already know and go from there.
Be sure to bring some object lessons (ie: slabs). If you have on hand, bring similar coins in comparable NGC/PCGS grades so they can see how much nicer the PCGS coins are.
Good luck.
There are collectors at all levels of expertise at any active club of decent size. I'd guess that half of the active members my club know very little about the grading services. The main reasons are because they are relatively new to the hobby, or primarily buy raw coins.
When giving a presentation of any length, to any decent size group, it is a good idea to have some material for beginners, some for intermediates, and some interesting tidbits for advanced collectors. That's just the basics of giving a good talk.