The Rare Coin Company debacle

[ausjack]

I don't think you can really judge going off only a small handful of coins sent in to pcgs when there's so many that aren't so there might be 1 or 2 out of a thousand that can get upgraded but then what about the thousands that wouldn't or would grade worse because we don't really get to hear about those coins.

Yes NGC and PCGS appear to be trying to have a standard and that's why they employ multiple graders but can the same be said for other :huh:

If you think I've said something I shouldn't have Mark I'm sorry so please message me and let me know and I'll amend my post or edit what you think should be taken out but I don't think I've said anything that hasn't been true because a few people that have been around a while know what has been swept under the rug on FB. I don't want to get you into trouble but I think people should be informed about the sort of person they're thinking about dealing with and then it's up to them if they want to go down that path or not :winkextra:

Wow, yes that makes perfect sense to regrade a coin that is suppose to be perfect so I wonder what it would grade up to :scratch_one-s_head:

[Unicorn]

..... so I wonder what it would grade up to :scratch_one-s_head:

MS70+ :laugh2:

[Fulvio]

I think people should be informed about the sort of person they're thinking about dealing with and then it's up to them if they want to go down that path or not

Sure, in a perfect world. But its not.

Late last week, I ended up refereeing a stoush where someone was accused of misappropriating $180,000, spat the dummy bigtime and made all manner of threats.

There were at least a dozen central players in this fiasco, including strong supporters on both sides, independent arbiters (who were pre-empted before they could do the forensics), and me, trying to herd cats.

As of this afternoon, it looks like the genie is sort of back in the bottle, but both genie and bottle are more than slightly the worse for wear. There WILL be legal repercussions, which may or may not make the organisation stronger, but we'll have to wait and see.

The point is that the attackers genuinely believed they had a legitimate complaint against the person, but rather than follow even remotely rational procedures, they went public with what is effectively slander, because they didn't understand what they were seeing and totally misinterpreted it.

Even if they'd been 100% correct in their allegations, they still went about it in a completely wrong way. Since they were at least 95% wrong, that makes it even worse.

To come back to grading, there are many reasons why I would never use a particular service, even if I was inclined towards slabbing, which I'm not. And I think everyone here, and probably anyone who's been a client, would understand those reasons, and probably concur. It really doesn't help to bandy them about publicly I think.

[ausjack]

..... so I wonder what it would grade up to :scratch_one-s_head:

MS70+ :laugh2:

:laugh2:
I had to ask :dodgy: How long until we get a double + or more.

[Fulvio]

I had to ask :dodgy: How long until we get a double + or more.

Would +++ be anything like XXX do you suppose? Or that XXXX that comes out of a cat's nether regions? :angel:

[ausjack]

I think people should be informed about the sort of person they're thinking about dealing with and then it's up to them if they want to go down that path or not

Sure, in a perfect world. But its not.

Late last week, I ended up refereeing a stoush where someone was accused of misappropriating $180,000, spat the dummy bigtime and made all manner of threats.

There were at least a dozen central players in this fiasco, including strong supporters on both sides, independent arbiters (who were pre-empted before they could do the forensics), and me, trying to herd cats.

As of this afternoon, it looks like the genie is sort of back in the bottle, but both genie and bottle are more than slightly the worse for wear. There WILL be legal repercussions, which may or may not make the organisation stronger, but we'll have to wait and see.

The point is that the attackers genuinely believed they had a legitimate complaint against the person, but rather than follow even remotely rational procedures, they went public with what is effectively slander, because they didn't understand what they were seeing and totally misinterpreted it.

Even if they'd been 100% correct in their allegations, they still went about it in a completely wrong way. Since they were at least 95% wrong, that makes it even worse.

To come back to grading, there are many reasons why I would never use a particular service, even if I was inclined towards slabbing, which I'm not. And I think everyone here, and probably anyone who's been a client, would understand those reasons, and probably concur. It really doesn't help to bandy them about publicly I think.

Yes I se your point as it's only free publicity and if we don't talk about you know who, hopefully they will just fade away into oblivion

Now this is just for Fulvio :mocking:

[autocoupler]

Or that XXXX that comes out of a cat's nether regions? :angel:

Lots of 100% genuine "slabs" produced there :angel: :yahoo:

[ausjack]

Oh the toilet humour, and I thought I was hopeless :laugh2:

[autocoupler]

And I love their grading system of Heavy Gold Lite :biggrin::cool:

[ausjack]

XXXX that comes out of a cat's nether regions? :angel:

:dodgy: :angel:

[Fulvio]

Now this is just for Fulvio :mocking:

Thanks. Of course I stole it for FB. :yahoo:

[Robster]

I have no doubt as to the validity of everyone's statements in this thread, although I am left slightly bemused that Cockatoo Coins has (quote) cracked many HUNDREDS of APCGS slabs to be regraded with PCGS.

What would seem obvious to me is this is an indication of many customer's complete lack of satisfaction with this company.:dodgy:
That adds up to a big bunch of punters who have thrown a big bunch of cash down the proverbial gurgler:kez_15:

Happy to grade any coins for anybody if they are only going to regrade then anyway! 'Pay for ten - get one free':blush:

[ausjack]

:laugh2: make it two free and we have a deal
Yes it sure does make you wonder doesn't it Robster, how much damage is this doing to collecting now and  for the long term :scratch_one-s_head:

[Robster]

And kidneys' everywhere! :angel:

[ausjack]

If you want a kidney I'm your man Robster :mocking: