Bitcoin Forum
June 24, 2024, 05:58:21 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Grading in Europe  (Read 863 times)
ChiBitCTy
Legendary
*
Offline Offline

Activity: 2296
Merit: 3052



View Profile
June 14, 2020, 10:42:50 PM
 #21

I know ANACS does same day, walk-in service (scheduled ahead of time), but it is expensive at $100 per coin... but def. worth it for certain coins to have that piece if mind.

Speaking of ANACS.. Anyone ever seen a coin do this before in any type of graded slab ? ( notice how far the one side has sunk in). I can’t take pics for shit but it’s very obvious in person from both sides. A first for me. No surprise it was ANACS lol. Even the coin thinks these slabs are so ugly it’s trying to escape - https://imgur.com/a/HQgnmxh

That is from the grommet being a touch larger than it's supposed to be.  To be honest that can happen in ANY slab.


I see. I thought they were made to fit. But not any slab necessarily, this is why I like NGC best. Their newer slabs mostly hold coins in place by brackets or whatever you want to call them. Unfortunately they don't consider our hobby legit, or legit coins, as "they only grade real coins" , despite the fact that they grade BigMac coins lol. Stuck in the past dinosaurs.  

PCGS also uses prongs to hold the coin.

NGC/PCGS not wanting to grade crypto tokens has nothing to due with them considering the coins legit or not.  As you pointed out, they're sluts and will grade most anything for a fee.  They will even write "First Day Issue" or digitally forge the mint director's signature, both meaningless, so they can charge a few extra quid.

PCGS and NGC don't grade crypto tokens because the risks far outweigh the reward.  The volume is not large enough to take on the risk of grading tokens with digital value they don't really understand.  Sure you can write a disclaimer on the slab such as "We do not guarantee digital value" but a lawyer will tell you that does not stop someone from suing you when the Cas 25 turns out to have no digital value for whatever reason.

My buddy is friends with the owners of NGC.  He showed me the messages that said "we don't grade non-legit coins", when he asked them why they don't grade crypto stuff.  There is insurance now for digital crypto and IMO the volume would outweigh the cost, making it a small win, but a win.  They are coin graders, why not reach to every avenue.  Not to mention their core customer base is dying off daily in high numbers. Sure just a little extra profit, but it's to do what they already do.  I think they are business stupid personally.  They are dino traditionalists.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!