O/T.....But very interesting development at CU's Coin Grading Division

[WhenItWasAHobby]

Press Release:

http://www.coinlink.com/News/counter...universe-pcgs/


Complaint:

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



Discuss.......

[Peter_Spaeth]

Can you imagine a similar suit against certain well-known names in the card business.

[barrysloate]

No question the same thing is going on in our hobby. If the work is really good it is almost impossible to detect.

[quinnsryche]

Man, I don't know how anything could get past the eyes in this hobby. For example: look at the scrutiny that T206 Cobb with the corner reconstruction got just on this board alone. Hi-res scans, 360 degree views, hundreds of posts etc. You guys put the beat down on ANYTHING that even REMOTELY looks or sounds questionable. It's possible, but it would have to be very rare for something of that magnitude to happen in this hobby IMO.
PS - that's a compliment to all the members of this board who tirelessly monitor this hobby. KUDOS!

[Peter_Spaeth]

Originally Posted by quinnsryche

Man, I don't know how anything could get past the eyes in this hobby. For example: look at the scrutiny that T206 Cobb with the corner reconstruction got just on this board alone. Hi-res scans, 360 degree views, hundreds of posts etc. You guys put the beat down on ANYTHING that even REMOTELY looks or sounds questionable. It's possible, but it would have to be very rare for something of that magnitude to happen in this hobby IMO.
PS - that's a compliment to all the members of this board who tirelessly monitor this hobby. KUDOS!

Wishful thinking. In my opinion, it's quite widespread. Most cards pass well under the radar, and this board sees a small fraction of cards.

[Leon]

Originally Posted by Peter_Spaeth

Wishful thinking. In my opinion, it's quite widespread. Most cards pass well under the radar, and this board sees a small fraction of cards.

However, when the board gets a hold of something, it's like a pit bull.

[Peter_Spaeth]

Originally Posted by Leon

However, when the board gets a hold of something, it's like a pit bull.

Sometimes. Other things/people, to my surprise/dismay, seem to get virtually a free pass.

[Leon]

Originally Posted by Peter_Spaeth

Sometimes. Other things/people, to my surprise/dismay, seem to get virtually a free pass.

You don't say!!

[uffda51]

Gee, I think I'll start a coin collection.

[Peter_Spaeth]

Isn't it bad publicity for PCGS to admit publicly that doctors can and do get bad coins past them? I assume they market themselves as authenticators as well as graders.

[drc]

I would guess it's commonly known in that hobby this stuff happens and is a problem, and what they are revealing is that they are taking action.