anyone want to go in on the 99% complete t206 set

[calvindog]

That's hilarious! Sounds like PSA should be in a leadership role in any trade association created to zealously enforce standards and ethics in our hobby.

[WhenItWasAHobby]

Originally Posted by calvindog

That's hilarious! Sounds like PSA should be in a leadership role in any trade association created to zealously enforce standards and ethics in our hobby.

Jeff,

I'm not sure if you saw that thread where Collectors Universe and PCGS (the coin grading division) has filed suit against a group of coin doctors. Here's the news release and actual complaint:

http://coinsblog.blogspot.com/2010/0...n-doctors.html

http://www.coinlink.com/News/pdf/CU_vs_Coin_doctors.pdf

One of the causes of action is unfair competition. The question then begs to be asked, "Unfair to whom"? Well as it turns out, the same David Hall, president of Collectors Universe as mentioned above, runs a huge coin business, humbly called, "David Hall Rare Coins".

Using that logic, it would follow what this hobby needs as a safeguard is for PSA president Joe Orlando to start up his own PSA graded card business and call it something like, "Joe Orlando Rare Cards", then we'd see a big crackdown on these alleged card doctors that are rumored to exist in this hobby.

[Peter_Spaeth]

The suit alleges that over time, the chemicals used in doctoring cause changes in the surface of the coins, making it apparent that they have been doctored. So at least in that realm, the problem may be self-lmiting. It's interesting that PSA admits it can't detect the alterations though...

[botn]

The threads from 2007, when the JP Cohen fraud story broke, made the point that Memory Lane Inc was registered to someone other than JP, PSA’s site did not list JP as a contact nor did Memory Lane’s site refer to him. I suppose that was the way PSA justified Memory Lane being able to maintain their dealership even while JP was in jail, I mean the mortgage business. Reassuring, isn’t it?

Before this turns into a PSA bashing session let's not forget the corporate structure at SGC and their associated scandals. It is nothing more than a dog and pony show for both companies and both have severely compromised their product.

[Jim VB]

Industry theme song:


[IMG][/IMG]