APCGS Australian tpg or pretender?

[trout]

I have (today) been made aware of an australian TPG "APCGS"
Just wondering if anyone has any info or feed back on this company.

[accumulator]

Pretender,no credibility MS 10 MS 8 LOLOL !

[Fordprefect]

I have (today) been made aware of an australian TPG "APCGS"
Just wondering if anyone has any info or feed back on this company.

Try real hard and forget you heard of this "Entity".:dodgy:

[purplepennyhunter]

I only know what I have read on CCF and what I have seen on the APCGS website. I don't appreciate that it appears they are using an Australian namesake of a reputable company seemingly riding on their good name. I also fail to understand that they have any knowledge of the sheldon grading system grading their coins as MS47, do they even know what ms stands for? They also have no sort of population report. All in all I would steer clear of these people.

If I also recall they joined CCF only to spam that forum and not offer any quality content or knowledge. Do I recall correctly?

[Nevol]

I only know what I have read on CCF and what I have seen on the APCGS website. I don't appreciate that it appears they are using an Australian namesake of a reputable company seemingly riding on their good name. I also fail to understand that they have any knowledge of the sheldon grading system grading their coins as MS47, do they even know what ms stands for? They also have no sort of population report. All in all I would steer clear of these people.

If I also recall they joined CCF only to spam that forum and not offer any quality content or knowledge. Do I recall correctly?

Yep! Their CCF ID is locked.

[trout]

If I also recall they joined CCF only to spam that forum and not offer any quality content or knowledge. Do I recall correctly?

there is nothing wrong with your memory PP. :good:
I have done some digging about this mob and the further I dig the closer to the sewer I get:dodgy:

Looks like we are stuck with PCGS untill someone bites the bullet here in Aus and does this properly and honestly.
PCGS isnt perfect but it is the best we have at the moment (Bloody expesive tho) :dash1:

[Fordprefect]

Looks like we are stuck with PCGS untill someone bites the bullet here in Aus and does this properly and honestly.
PCGS isnt perfect but it is the best we have at the moment (Bloody expesive tho) :dash1:

Chris Buesnell of Pacific Rim Coins had Australian Coin Grading Service
(ACGS) in the late 1990's.
He now utilises PCGS and to a lesser extent NGC.
If you find any of his "Folder" slabbed coins they are worth grabbing.

[trout]

Chris Buesnell of Pacific Rim Coins had Australian Coin Grading Service
 (ACGS) in the late 1990's.

I have heard about this bloke, He was an inovator before the market was ready :dash1:
We need a new Chris to enter the fray :good:
I did a trial sale of 2 coins,1 slabbed and 1 raw.
The raw coin was in fact a better grade than the slabbed coin.
At the end of the day the slabbed coin performed better (as far as a dollar return goes) than the raw coin.

When I near the end of my days I will send all my high value coins in to be slabbed so that my Missus gets the best value for what I leave her.
If I sent these all over to the US the postage and insurance costs and the exorbitant costs for slabbing these by PCGS will be huge.
Also the US postal service is not that secure.
I would much rather send these to a TPG in Aus so that the costs involved and security of the coins would be more attractive.

That is why I looked at this mob, Bugger looks like I have to keep looking.
Why is it that we have people like Walter,Peter Andrews,Sap (I don't know his real name) Sel ( I do know his name but I ain;t telling you mob) and many many more eminent numismatists  in this country but we seem to insist on sending our coins off shore to be graded.
This to me is insane when we have people with intimate knowledge and expertise with Australian coinage that are MORE than capable of doing as good if not better Job than the big TPG's

[Sapyx]

The Australian coin market is simply too small to maintain a standalone run-for-profit TPG. The British coin market is barely big enough to keep CGS, their one native TPG, in business and the British coin market is ten, twenty times bigger than ours.

If a native TPG is ever to get off the ground here, it might have to start the same way the Americans started. ANACS, the first American TPG, began life as the American Numismatic Association Certification Service: it was one of the member benefits of organized numismatics, filling a perceived need expressed by their members. But organized numismatics in Australia has barely heard of the TPG concept at this stage; I can literally count on one hand the number of times I've seen a slabbed coin at a coin club meeting.

The only other option is to do what Chris Buesnell tried to do, and what David Hall in America (the founder of PCGS) succeeded in doing: start up a "basement slabber" style TPG where the only graded coins are your own, only do what most basement slabbers fail to do: grade honestly. Then let your reputation slowly percolate through the industry. But that last step took PCGS over a decade.

[enworb]

They sell the coins they grade. I cannot get over how dodgy that is. It completely obliterates any credibility they may have.

[markn]

If a TPG doesn't understand what the "MS" in the Sheldon system stands for I hold out little hope that they can actually relate the grade of a coin to the appropriate number in the Sheldon system.

The Australian market is too small for a TPG.  Chris Buesnell and Walter Eigner are the only creditable attempts at it.

[trout]

They sell the coins they grade. I cannot get over how dodgy that is. It completely obliterates any credibility they may have

I agree in this instance.
 But if Walter did the same thing would you have the same opinion? I seriously doubt it.
I know we have a small collector base in Aus and slabbed coins are still a bit of a novelty/annoyance but IMHO they are here and will be accepted and respected.
All we need to do is support an honest and skilled "Basement slobber" and we CAN have our own Aussie TPG in due time.
Read Sap's post.
They all had to start from somewhere

[enworb]

TPG = third party grader. Third party means they have no interest in the value of the coin. In this case they do. They do not even come close to a tpg company, infact by definition they cant be unless they stop selling the coins they grade. Otherwise they are simply a grading service, a service already provided by aussie dealers. The fact they put the coins in a slab is irrelevant in the discussion as to whether or no they are a third party, it is simply a method of displaying a coin. They are no different to walter in the fact that they grade and sell coins. The difference is in the display method and the reputations.

[markn]

Walter and Buesnell did slab and sell their own coins.

[enworb]

So not really tpg either. But at least they both have good reputations.