Let's discuss ACG!

MrEureka · June 21, 2005 6:40AM

Anyone have something to say? Eric? Anyone else?

RKKay · June 21, 2005 6:42AM

Quit flooding the forum!

Robgetty · June 21, 2005 6:43AM

TorinoCobra71 · June 21, 2005 6:49AM

<< Quit flooding the forum!

>>

Not till the Florida Lawsuit gets thrownout as well................

TorinoCobra71

mrearlygold · June 21, 2005 6:54AM

MacCrimmon · June 21, 2005 6:56AM

What's ACG?

ss350camaro · June 21, 2005 6:58AM

I do not own an ACG opinionated coin.

I am, however, opinionated on the subject of ACG.

TorinoCobra71 · June 21, 2005 7:00AM

<< I do not own an ACG opinionated coin.

I am, however, opinionated on the subject of ACG.

>>

Yeah whatever, CHEVY still sucks and FORD Rules.........

TorinoCobra71

'The best site one will ever see it not a bunch of Chevys in a boneyard, but a bunch of chevys DYNAMITED in a boneyard............'

*KABOOM*

construct · June 21, 2005 7:21AM

What was that you were wanting to discuss?

ibzman350 · June 21, 2005 7:22AM

Otay!!!

Here is my favorite ACG.....did I spell that correct.........slab..

Herb

BillJones · June 21, 2005 7:23AM

I'll the “Civil Law 5th Amendment” under grounds that any comments that I might make could subject me to a lawsuit.

I’ll say one nice thing about them. Their slabs are easier to crack that SEGS slabs. SEGS slabs are made of kryptonite.

construct · June 21, 2005 7:25AM

I replied once to a "guess the grade" thread long, long ago. I guessed lowest of all at VG-08. It turned out that the coin was in an ACG VG-08 slab.

PerryHall · June 21, 2005 8:55AM

Does anyone see ACG slabs at shows anymore? Do the Hagers ever set up at shows any more?

wjd283 · June 21, 2005 8:59AM

I can say I learned a whole lot about ACG reading through various lawsuit papers.

I would'nt mind having one of their slabs though.Just for conversation purposes.

LindeDad · June 21, 2005 9:38AM

I think I might of lost some money on the couple I bought when I started into Slabed coins. I'll find out when I try to sell them I guess.

K6AZ · June 21, 2005 9:45AM

<< I can say I learned a whole lot about ACG reading through various lawsuit papers.

I would'nt mind having one of their slabs though.Just for conversation purposes. >>

Now that the lawsuits are over, I'm going to dispose of the ones I have to try to recoup some of my expenses. Stay tuned.

Deadhorse · June 21, 2005 10:41AM

I keep one for conversation sake. I got it in an auction lot. I allowed for a value of $0.00 on the piece and won the lot in spite of it.

It's a 21 Morgan graded as MS65, it might make AU55 on a good day.

kranky · June 21, 2005 11:44AM

Aw, I thought you meant the Advanced Coin Grading class at the ANA Summer Seminar.

MrEureka · June 21, 2005 9:53PM

Anyone else have something to say?

tmot99 · June 21, 2005 11:50PM

Yesterday's news.

ziggy29 · June 21, 2005 11:52PM

<< Aw, I thought you meant the Advanced Coin Grading class at the ANA Summer Seminar. >>

No, that's about as directly opposite as you can get...

DrWho · June 21, 2005 11:57PM

OK.

The Doctor says AGC is:

KRAP

Now how about onto SGS?

Conder101 · June 22, 2005 11:39AM

<< Now that the lawsuits are over, I'm going to dispose of the ones I have to try to recoup some of my expenses. Stay tuned. >>

The lawsuits aren't over though are they? The Federal one got tossed, and you go dropped from the Florida suit but isn't it still going on?

When you decide to sell let me see pictures just in case you have varieties I don't have yet. (Most of what I am missing are some of the photoslab varieties and a couple of the small slabs from the California offices.)

K6AZ · June 22, 2005 11:49AM

Conder, I don't have any of the photo slabs. Everything I have is from 2000 forward out of Florida.

Newmismatist · June 22, 2005 11:51AM

<< Let's discuss ACG >>

Ok, but the real question is WHY? - Maybe the fact that they are quite litigious, (their Motion to Amend their lawsuit was just granted, now ANA, PNG, et al get to spend a lot of money and a lot of time litigating this on-going soap opera) No Andy- discussing ACG in a public forum might not be the best idea you've had this week. I'd let that sleeping dog lie even if you don't get rabie,s if you're bitten the cure is rather painful - $7000 and a year dodging the process servers is not a fun time. Besides - FUN is in Florida every year and there's some of us that like to attend

K6AZ · June 22, 2005 11:55AM

Ron, who was dodging process servers?

GAT · June 22, 2005 12:05PM

Everyone would be better off focusing their attention on the new bottom feeders like, NTC, NNN, SDGS etc.

coinkat · June 22, 2005 12:09PM

Conder 101:

Are the California ones from the 1989-1991 time frame? How about NCI slabs from this time frame? Are they tough to get?

Newmismatist · June 22, 2005 12:25PM

<< Ron, who was dodging process servers? >>

Eric, There were several named Defendants in the case that never got served - I don't think they sent letters to ACGs attorneys as to where they were going to be on any given day or time - I also think that in the Federal case several Defendants were not served - I was asked by more than one person what the should do - the answer is: until you're served there's nothing you can do - and if you never get served you a) will not have to pay a lawyer to defend you and b) a valid Judgment can never be entered against you - How many were not served and what efforts were made to serve those who weren't, I wouldn't know. As far as I recall you were served in at least one of the 2 cases and hence and I wasn't implying that you were dodging service - What I do know is that those who were served and who had to hire lawyers had the privilege of spending a lot of money paying lawyers to defend themselves in what I think was in reality a SLAP lawsuit.

BTW - I just won a Judgment here in Michigan on behalf of a client who got sued and after I successfully defended him and won after a trial, He sued the person who had originally sued him (The claim is called "Malicious Abuse of Process"), and after another trial, I won that case and on this past Monday I had a $62,000+ Judgement entered against the guy who originally sued my client - My client will probalby never collect the money (some Defendants have no discernable assets, hence it's nearly impossible to collect the Judgement) - but boy was my client happy! That type of case ("Malicious Abuse of Process") may be applicable for those who were dismissed out of the FL lawsuit, BUT that will depend on FL law and perhaps the law of the state where the person who got sued resides. I'm surprised no one has thought of this, but maybe it isn't a viable cause of action in Florida.

GAT · June 22, 2005 12:50PM

It is not true that you must be physically served to have a judgement entered against you. All a plantiff has to do is publish a notice in a newpaper that you are a defendent in a certain case and that's considered that you have been legally served.

PQpeace · June 22, 2005 12:52PM

I just cracked 15 acg morgans and had pcgs grade them....
Guess how many of the 15 upgraded ? same ? downgraded...
I got the results yesterday.
Larry

Newmismatist · June 22, 2005 1:01PM

<< It is not true that you must be physically served to have a judgement entered against you. All a plantiff has to do is publish a notice in a newpaper that you are a defendent in a certain case and that's considered that you have been legally served. >>

Correct, but that method of service has to be done in compliance with the Court Rules and may NOT work against Out of State Defendants that are beyond the jurisdiction of the state where the suit is brought. Much more complicated than just publishing - ALso, the effectiveness of this type of service is very dependant on the nature of the suit. Service by Publication does not necessarily confer Jurisdiction over the Defendant who has not been personally served.

GAT · June 22, 2005 1:01PM

It all depends on who they were graded for. If graded for dealers I would guess the majority downgraded.

K6AZ · June 22, 2005 1:14PM

<< 

<< Ron, who was dodging process servers? >>

Eric, There were several named Defendants in the case that never got served - I don't think they sent letters to ACGs attorneys as to where they were going to be on any given day or time - I also think that in the Federal case several Defendants were not served - I was asked by more than one person what the should do - the answer is: until you're served there's nothing you can do - and if you never get served you a) will not have to pay a lawyer to defend you and b) a valid Judgment can never be entered against you - How many were not served and what efforts were made to serve those who weren't, I wouldn't know. As far as I recall you were served in at least one of the 2 cases and hence and I wasn't implying that you were dodging service - What I do know is that those who were served and who had to hire lawyers had the privilege of spending a lot of money paying lawyers to defend themselves in what I think was in reality a SLAP lawsuit.

BTW - I just won a Judgment here in Michigan on behalf of a client who got sued and after I successfully defended him and won after a trial, He sued the person who had originally sued him (The claim is called "Malicious Abuse of Process"), and after another trial, I won that case and on this past Monday I had a $62,000+ Judgement entered against the guy who originally sued my client - My client will probalby never collect the money (some Defendants have no discernable assets, hence it's nearly impossible to collect the Judgement) - but boy was my client happy! That type of case ("Malicious Abuse of Process") may be applicable for those who were dismissed out of the FL lawsuit, BUT that will depend on FL law and perhaps the law of the state where the person who got sued resides. I'm surprised no one has thought of this, but maybe it isn't a viable cause of action in Florida. >>

Well, I asked because on their website ACG was claiming I was avoiding service, when in reality I was served on the state suit, and I was not a titled defendant on the federal suit which was thrown out of court.

I have in my possession over 6000 pages of court documents from 27 different state and federal courts around the country in which these people have abused the legal system to intimidate people. It's just a matter of time before they become declared vexatious litigants and the game is up.

K6AZ · June 22, 2005 1:20PM

Oh, and while we're clearing the air, some of you may have seen their hit piece on me claiming I owed the state of California for back taxes. If that's the case, then explain this and pay close attention to the tax year.

mrearlygold · June 22, 2005 1:29PM

Newmismatist · June 22, 2005 1:50PM

<< Well, I asked because on their website ACG was claiming I was avoiding service, when in reality I was served on the state suit, and I was not a titled defendant on the federal suit which was thrown out of court. >>

Eric -I've never been to the ACG website so I wouldn't have a clue as to what they've said there - All I know is that there was more than one person who didn't get served in both of those cases - As for the allegations ACG made against you, some of them may be actionable (ie you could sue them) the problem is, lawsuits are very costly and even if you "win" you can spend much more than you'll ever recover so in reality - you lose. Think about it - you spent a year as a named Defendant, it cost you thousands ( I think you posted over $7K) and had all the stress and aggravation of having to defend yourself, and when it's all said and done, they dismissed you and now you're $7K poorer - At best, that's a pyrhic victory - and as the good general said - "any more victories like this, and we'll surely be lost"

K6AZ · June 22, 2005 2:08PM

Ron, they have abused the legal system for some time. I will tell you that there are vexatious litigant motions against them in three courts right now. Their days of using the court system to intimidate people are numbered.

LincolnCentMan · June 22, 2005 2:23PM

The first ACG coin I bought was in their opinion a XF45 1922 plain cent. In my opinion, it was a 1922 weak d in G4. I never bought another ACG coin.... There has only been one occasion that I am aware of since then when I have bought from a dealer that had ANY ACG coin in their case. I dont think my possition on the matter is unique.

David

billboat · June 22, 2005 2:34PM

Just curious--wasn't ACG the first TPG service in the 80's--I'm well aware of all the issues since then and I have none of their coins--but I am still wondering--if their coins are OK--buying the coin not the holder--why are we still raising so much hell about this?

K6AZ · June 22, 2005 2:37PM

<< Just curious--wasn't ACG the first TPG service in the 80's--I'm well aware of all the issues since then and I have none of their coins--but I am still wondering--if their coins are OK--buying the coin not the holder--why are we still raising so much hell about this? >>

They weren't the first. They try to claim that, but they weren't.

coinbuf · June 22, 2005 2:39PM

I have bought a few ACG slabs and have made money from them. The coins that were sent in by collectors were sometimes graded well. I bought a 1934-D Washington in MS64 that crossed to NGC MS64 and might be undergraded IMO. While I do not recomend them there are deals to be had.

Chris

billboat · June 22, 2005 2:45PM

<< I have bought a few ACG slabs and have made money from them. The coins that were sent in by collectors were sometimes graded well. I bought a 1934-D Washington in MS64 that crossed to NGC MS64 and might be undergraded IMO. While I do not recomend them there are deals to be had.

Chris >>

My point! I'll buy them all day if they are nice coins--plastic be damned!

Conder101 · June 23, 2005 5:03PM

<< Just curious--wasn't ACG the first TPG service in the 80's >>

No they were not the first TPG. They were the first US TPG to use the sealed hard plastic holder. Before that time all TPG used photocertificates. As it turns out though they were not the first to use the slab. A TPG firm in South Africa used slabs for their produce as early as 1975, nine years before ACG.

Let's discuss ACG!

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