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Do you think that the most consistent grading service will rise to the top?

With ANACS making drastic changes, do you think that their top priority should be consistency in grading?

I mean, no matter what their standard (tougher/looser than PCGS or NGC), the market will decide what an ANACS graded coin is worth. Collectors might feel more confident buying an ANACS graded coin knowing that the grading isn't all over the place.

What do you think... is consistency (as opposed to the actual grading guidelines used) the key to success for a grading service?

Dan

Comments

  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭

    For me, yes, consitency is important.

  • Don't really matter how consistant ANACS is with their new holder, it's all a matter of the market and what dealers will push their clients into using. If a large number of dealers start using the new Anacs for holdering their coins then they can gain 1st tier status. But if dealers of P and N coins tell their customers that 2 major services is enough then they will stay in business as a 2nd tier grading service.

    Andrew
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    Does ANACS have a message board ? image

    No offense, but the most consistent is already at the top. We are on their website, mate image
    edited to acknowledge Mr Standish (is that where he went ?)

    Okay Miles, you are good image... I cannot deny that !
  • No, too many people fear change so I think PCGS will always be the most used/trusted grading company.


    imageimage



  • << <i>No offense, but the most consistent is already at the top. We are on their website, mate image >>


    I respectfully disagree, PCGS grading comes in and goes out like the tide.


    imageimage
  • robertprrobertpr Posts: 6,862 ✭✭✭
    ANACS will have to do something to differentiate themselves in order to rise to the top. "More of the same" will no longer do, the market has matured.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>No offense, but the most consistent is already at the top. We are on their website, mate >>



    And, what flavor is your Koolaid?

    Russ, NCNE
  • MrEurekaMrEureka Posts: 24,428 ✭✭✭✭✭
    ANACS will have to do something to differentiate themselves in order to rise to the top. "More of the same" will no longer do, the market has matured.

    Absolutely true and ANACS absolutely knows it. Rest assured that they have a few tricks up their sleeve.

    BTW, I'm not convinced that there is a clear leader in terms of consistency, nor am I convinced that consistency is the most important factor in the success of a TPG.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • TorinoCobra71TorinoCobra71 Posts: 8,063 ✭✭✭


    << <i>

    << <i>No offense, but the most consistent is already at the top. We are on their website, mate >>



    And, what flavor is your Koolaid?

    Russ, NCNE >>



    I dunno, but It sure has a groovy kick to it! PCGS #1 !!!!!!!!! imageimage

    TorinoCobra71

    image
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Most of the largest submitters, by far, depend upon INconsistency, not consistency, to make their money.

    The hypothetically "perfect" grading company which grades the same coin the same every time, would probably receive far fewer submissions and make far less $. I don't feel good thinking and saying that, but believe it to be correct.
  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭


    << <i>ANACS will have to do something to differentiate themselves in order to rise to the top. "More of the same" will no longer do, the market has matured. >>



    And they are going to need exceptional marketing.
    All glory is fleeting.
  • cladkingcladking Posts: 28,750 ✭✭✭✭✭


    << <i>Most of the largest submitters, by far, depend upon INconsistency, not consistency, to make their money.

    The hypothetically "perfect" grading company which grades the same coin the same every time, would probably receive far fewer submissions and make far less $. I don't feel good thinking and saying that, but believe it to be correct. >>



    I suspect you're right that the submitters would be somewhat miffed with great consistency
    and prefer other services except there is one large problem. If a sevice could be consistent
    then most end buyers would want that service pretty consistently. Coins might trade between
    dealers in other holders to seek the market makers but would probably have to be in the best
    slab to be sold to most collectors.

    Consistency can only be achieved if collector attitudes could remain constant and something
    could be done about liners and the small number of errors.
    tempus fugit extra philosophiam.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    The first company to guarantee to shoot their graders if even ONE coin fails to sell sight unseen (and STICK), will rise to the top.

    image
  • fcfc Posts: 12,793 ✭✭✭
    coinguy1,

    i am also afriad you hit the nail on the head.
  • accesiblility is nice. being able to send in for grading/authentication
    without being a member of a any club is important.
    timlieness and communication are also the most important things to me.


  • << <i>Most of the largest submitters, by far, depend upon INconsistency, not consistency, to make their money.

    The hypothetically "perfect" grading company which grades the same coin the same every time, would probably receive far fewer submissions and make far less $. I don't feel good thinking and saying that, but believe it to be correct. >>




    I completely agree. I have always considered ANACS to be the most consistant grading serice of the top three. Having said that, most of my submissions have gone to PCGS/NGC, with most of the recent ones going to NGC. Still, most of the coins in my personal collection are in PCGS slabs.
    Gary
    image
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    i doubt that any service, presently operating or to come along some day, can offer the type of consistency most dream of when they speak the words. the service which will be perceived by those submitting as the top dog will be the one that serves best. not too long ago, when PCGS had the major turnaround problems, i think NGC was the top dog to many submitters. if you go by sheer number of coins graded, again, i believe that would be NGC. the risk is confusing the various methods of measuring success, if that really matters to a submitter.

    i measure a services "top dogness" according to how they serve me, not how they serve the market. presently, NGC serves certain areas better than all others(PCGS is exempt here because they refuse to offer the specific service) and PCGS serves other areas better than all others. all the rest, well, i let them serve the rest of the hobby and then i try to pick up the pieces!!!!image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    Russ if you keep making me laugh like you do, I am gonna have to have my first GIVEAWAY to the guy with the greatest one liners that hint at "ribbing" ( ha ha)

    It is not that I would not choose other grader's. You know as well as I that you get a better "shake" from NGC on submissions, lets be honest there.
    But, you also know the value added difference with savvy collectors/dealers/buyers of Graded Material. Huh ? am I even close to the Kool- Aid™ stand ? imageimage

    edited to insinuate: not all people buy the coin
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>But, you also know the value added difference with savvy collectors/dealers/buyers of Graded Material. >>



    Value added and consistency are two different things.

    Russ, NCNE
  • coinkatcoinkat Posts: 23,881 ✭✭✭✭✭
    Grading is an evolutionary process... the purpose of grading is to accurately describe the state of preservation of coins. Considering that grading will always have a subjective component, there will always be a question of consistency... further designations are worthy of consideration and there will be some additions to make TPG more responsive to collectors.

    Experience the World through Numismatics...it's more than you can imagine.

  • michaelmichael Posts: 9,524 ✭✭✭
    Do you think that the most consistent grading service will rise to the top?


    NO

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