NGC's angle on collectors market has always been it's community side.

Yesterday they tore down the image that was worked on hard and long....

When You look at it, PCGS's coins removal from sets has been announced, and what happened? It was protested, ppl spoke out against it, and finally it was utterly ignored...

But potential harm... oh man, I mean, ppl (my wretched self influded) started to think not only about NGC's policy, but "what's the point" of grading itself. Sorry folks, but corporations don't want their customers thinking, they want them buying, and this time they blew it they made ppl think, instead of buying....

Jackson wrote

"Oh well, I have no doubt that NGC will profit well from this decision and that the few dozen of us who will now be quitting the world coin registry, well we will not matter much in the big financial picture."

Well it kinda looks that way but... look from other side, Yu have Your small timers (that's us, face it, most of ppl here buy their coins graded, and submit relatively few to be graded, and there are those big behemoths the bulk submission coin dealers.

If You think of it it might seem oh I spend like 300$ and those dealers deal in 10-s of thousands of revenue for ngc so what am I.... well You are all that matters.

Those big dealers spend BIG, but we are many, and bulk of profit doesn't come from couple hundred thousand coins submitted by dealers, the bulk profit is in millions of coins graded by those spending 50-1000$ year.

So here's the bottom line, aggressive targeting of small submitters.

Now, back to community side... the PCGS's community although exists it seems lot less lively, how much it is caused by them not allowing NGC's graded coins there, i dare not speculate, although it did send clear message to NGC's community, collect coins, and not slabs, whereas now it says don't attach yrself to coins, but to slabs.

And creme de la creme... open question, how many coins in Your collection (in %) value 120$+? manymany journals introducing coins, present great deals, some under 10$, hellloooo, that's less than our retail grading cost.

Now how many of Your coins value at 20-40$? that's right..... U see the picture now. so when You think of it... what % of value of Your collection is the price of that fancy plastic and super ultra limited label? 10-20%... more?

That my fellow collectiors is the real question, the question they never wanted You to ask, and the question they just pushed You to ask of Yourself.

Have a great day everyone!