POLL: What will the major bomb be?

itsnotjustme · January 4, 2007 2:13AM

Editted to add:

In HRH's post he stated

<< The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. I'll present details at the luncheon. >>

Manorcourtman · January 4, 2007 2:22AM

100 point grading system comes to fruition!!

Russ · January 4, 2007 2:23AM

I have no idea what the bomb will be, but it's going to be fun watching all the speculation.

Russ, NCNE

291fifth · January 4, 2007 2:26AM

The entire coin market since 1986 has been a dream sequence on "Dallas." The major TPG's never really existed.

Longacre · January 4, 2007 2:29AM

I don't know, but I am interested in hearing what it is. I guessed that it has something to do with lasering.

TwoSides2aCoin · January 4, 2007 2:30AM

Laura is really Dr Phil in disguise !

DUIGUY · January 4, 2007 2:37AM

<< Laura is really Dr Phil in disguise ! >>

ttown · January 4, 2007 2:41AM

<< Editted to add:

In HRH's post he stated

<< The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. I'll present details at the luncheon. >>

>>

Sure sounds like it could be some dealer shill bidding just under the reserve price at the auction to me....Hummm, I hope this isn't it.

Russ · January 4, 2007 3:05AM

<< << The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. I'll present details at the luncheon. >>

>>

Sure sounds like it could be some dealer shill bidding just under the reserve price at the auction to me....Hummm, I hope this isn't it. >>

Hardly. He said "new" way. Shill bidding has been around since the invention of the auction format.

Russ, NCNE

leothelyon · January 4, 2007 3:13AM

I don't like the way sellers say there's no return on PCGS or NGC certified coins but they do advise you to take it up with them and their guarantees if you don't like the coin. But that may be old fashion news as well.

Leo

dragon · January 4, 2007 3:14AM

Maybe it has something to do with collectors submitting coins through PCGS dealers or a new way that coins or slabs are being altered.

mozin · January 4, 2007 3:15AM

I don't know what it involves, but I heard that there is a new method to enhance coins, much better than lasers.

lasvegasteddy · January 4, 2007 3:17AM

a ngc/pcgs merger???????????

WinPitcher · January 4, 2007 3:19AM

Steve

ttown · January 4, 2007 3:20AM

<< 

<< << The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. I'll present details at the luncheon. >>

>>

Sure sounds like it could be some dealer shill bidding just under the reserve price at the auction to me....Hummm, I hope this isn't it. >>

Hardly. He said "new" way. Shill bidding has been around since the invention of the auction format.

Russ, NCNE >>

True you’re probably right. The bleeding edge of the internet is only about 10 years old and non-existent on the last coin Bull Run so I guess you could consider it a new way. Of course us fortune 500 IT types have been around it since the early 80’s.

itsnotjustme · January 4, 2007 3:22AM

Dealers producing fake mint sealed boxes. No that's not new.

BigE · January 4, 2007 3:24AM

Its something sleazy that only a few dealers are doing to get to collectors. So the dealers aren't doing it to eachother, more toward collectors. I guess we are going to find out which dealers are involved, doing this dastardly deed must have been spread by word of mouth from dealer to dealer but must have been kept fairly quiet until they were discovered recently. Thats my take on this-------------------------BigE

richardshipp · January 4, 2007 3:40AM

This would be a timely spot for a joke but so far I've managed to not get bammed so I guess I'll try and keep it that way.

I'm thinking its one of two things....

1. Lasering of proof gold coins

2. The "selling" and "holding for security/resale" of the same coin to multiple buyers. Just a SWAG

lasvegasteddy · January 4, 2007 3:48AM

pcgs will not be grading the mints first spouse coins as designs are just that bad?

Bear · January 4, 2007 3:51AM

New, PCGS holder. It will be air proof to prevent

any tampering, by use of gas thru the sonic seals.

lasvegasteddy · January 4, 2007 3:54AM

ah ha i got it...the mint has subcontracted with pcgs to now offer "pcgs encapsulated release option" on all mint products

COINB0Y · January 4, 2007 3:55AM

"The "selling" and "holding for security/resale" of the same coin to multiple buyers. Just a SWAG "

That would be criminal and Jail Time

SFDukie · January 4, 2007 3:57AM

I'm with bear. My WAG is that it has soemthing to do with how coins are toned inside OGH rattlers.
That or forged slabs

Don

BigE · January 4, 2007 3:57AM

Dealers are selling their cracked out inserts to make registry sets?----------------------BigE

Geoman · January 4, 2007 4:14AM

I know... I know....

eBay is BUYING Collectors Universe!!!

DHeath · January 4, 2007 4:17AM

I'd bet it's the luster added chemical.

Newcomp103 · January 4, 2007 4:25AM

I have a dream...that one day collectors and dealers will be able to join hands and sing in the words of the old Negro spiritual, "Free at last! free at last! thank God Almighty, we are free at last!"

leothelyon · January 4, 2007 4:27AM

<< I'm with bear. My WAG is that it has soemthing to do with how coins are toned inside OGH rattlers.
That or forged slabs

Don >>

Perhaps the labels are somehow changed from outside of the holder!

Leo

Isn't this FUN!

mrearlygold · January 4, 2007 4:40AM

<<

Steve >>

Great set that I would love to own. Have any forsale?

Heywood · January 4, 2007 4:43AM

My WAG

Dealers who quote very out of date population reports to give the false sense of rarity-

PCGS will make population reports available for free!

itsnotjustme · January 4, 2007 4:44AM

Perhaps new labels are inserted through a fine slit, then the slit sealed (sonicly).

PhillyJoe · January 4, 2007 4:53AM

Good guesses, but I think I know what it is:

PCGS has decided to eliminate trans fat from the PCGS luncheon.

(I've seen a number of forum members at these lunches and they really strap on the feed bag. Not gonna say who but his first name starts with "Stew" and ends with "art"

Joe

Coxe · January 4, 2007 5:12AM

(1) Reminting of classic rarities occurs using original mint state other date coins to make convincing planchets and virtually undetectable and painstakingly created counterfeit dies.

(2) Government regulation steps in to remedy problems, real or perceived, in the coin industry and are established by people altogether unfamiliar with the coin hobby.

(3) Rumors that plastic slabs have been shown to harbor bacteria and viruses. (Remember the incude Indian gold rumors?)

(4) Rashes of murderous home invasion robberies begin to specifically target collectors and dealers, particularly those identified through registries and online forums.

(5) Documentation requirements stiffened, making taxation cost basis for coins without very specific sale documentation to be the face value of the coin.

(6) The IRS and state tax agencies crack down, lot by lot, on both buyers and sellers for the past several years of records at Heritage, Stacks/ANR, Superior, Teletrade, ...

Aegis3 · January 4, 2007 6:06AM

<< The entire coin market since 1986 has been a dream sequence on "Dallas." The major TPG's never really existed. >>

Woo-hoo!!

Hugegut · January 4, 2007 6:17AM

Maybe it's the "switch the coin" game. Customer gives coin to dealer to submit. Dealer submits a lower grade coin and keeps the good one. If discovered he just says pcgs screwed it up. Not exactly a major bomb though.

dorancoins · January 4, 2007 6:18AM

That your's truly, the world-famous "El Dorro" will actually win the upcoming ANA Elections!

MadMarty · January 4, 2007 6:28AM

It will be announced that Cameron Kiefer is actually the illegitimate son of Laura Sperber and David Hall

Tonedbuff · January 4, 2007 6:48AM

I'd think more at the business level such as a merger, acquisition, change in business model, etc.

Bear · January 4, 2007 6:49AM

I think that it will be a hyperbaric bomb.

holeinone1972 · January 4, 2007 6:52AM

Nope here it is breaking news.

Kenmore (Sears private label) has just come out with a new oven, with a specialized coin baking attachment. It is just a lil below self cleaning temp, but specially devised to alter coins to a beautiful patina.

LOL

SEARS I am just kidding, don't sue me.

Fletcher · January 4, 2007 6:54AM

Mark Feld will be working for PCGS

VicDaewoo · January 4, 2007 7:32AM

there will be new PCGS labels with watermarks and anti counterfeit measures do they have those yet?

VicDaewoo · January 4, 2007 7:34AM

<< It will be announced that Cameron Kiefer is actually the illegitimate son of Laura Sperber and David Hall >>

He was great in "Lost Boys"

Russ · January 4, 2007 7:37AM

It's obvious that some people didn't read what DH wrote:

<< The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. >>

Russ, NCNE

VicDaewoo · January 4, 2007 7:41AM

<< It's obvious that some people didn't read what DH wrote:

<< The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. >>

Russ, NCNE >>

yeah we all read that too.

coindeuce · January 4, 2007 9:25AM

As I posted in HRH's thread: PeeCee will likely establish a system of grading problem coins IMHO in an effort to squash the proliferation of bogus graded coins in gypsy TPG companies holders. I see it as the most effective way to circumvent the tide of coins flowing to those shmucks, that have the potential to create a crash in the market of coins purchased in gypsy holders by the unwashed masses.

options26 · January 4, 2007 9:33AM

Well I don't think if it was really negative news HRH wouldn't have sounded excited about a bomb shell. If it was really negative news you would have had a small little press release that would go unnoticed for a while. I am hesitant to guess but I would say it's good news like:

A new product or holder?
A new form of AT detection?
Purchase of a major competitor?
etc.

holeinone1972 · January 4, 2007 9:49AM

I am gonna guess a new MULTI_HOLDER so get those silver and gold sets re-slabbed.

I sure hope I am right.

Rob

CaptHenway · January 4, 2007 9:53AM

"PHOTO CERTIFICATES!!!!!'

No, wait. I did that 30 years ago..........

Russ · January 4, 2007 10:06AM

<< << It's obvious that some people didn't read what DH wrote:

<< The bomb...A few, just a few, dealers have a new way to screw collectors...a new level of sleaze. >>

Russ, NCNE >>

yeah we all read that too. >>

Sure can't tell that by the responses in this thread.

Russ, NCNE

gyocomgd · January 4, 2007 10:07AM

<< New, PCGS holder. It will be air proof to prevent

any tampering, by use of gas thru the sonic seals. >>

Bear, you are correct. It is along these lines. Listen: David Hall would NOT make a "major" announcement involving dealers screwing collectors, and leave it at that.
Whatever the problem is, Hall will announce that PCGS has a solution. And the solution will absolutely, 100%, dead-for-sure be one that generates revenue for PCGS. That's why there's a big drum roll beforehand--to generate attention and interest on something that will channel money to PCGS. I'm not implying at all that there's something wrong with that. It's just good marketing and smart business, and if it helps collectors along the way, so much the better.
You're a wise old Bear.

POLL: What will the major bomb be?

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The more qualities observed in a coin, the more desirable that coin becomes!

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The more qualities observed in a coin, the more desirable that coin becomes!

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