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James_OldeTowne

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Posts posted by James_OldeTowne

  1. In a sense, I agree GSA dollars are overrated with respect to how readily they may be obtained.  However, there is some degree of guarantee as to the original quality (i.e., the coin's been untouched at least since encapsulated).  Also, I know some collectors aggressively pursue VAMs in GSA holders, making some non-CC GSAs particularly valuable.

  2. On 9/21/2020 at 12:26 PM, Coinbuf said:

    If you look at the registry info:  "All NGC-certified coins are eligible for the NGC Registry".  So my question to you is once a coin is cracked out of a slab is it still NGC certified?

    This answers your own question.  If there are explicit rules that everyone agrees to abide by, by virtue of participating in the registry, then it is a rules violation to list a cracked-out coin as being certified.  (A coin must remain in the NGC holder to still be "certified" ,with the exception of some Ancients, which are photo-certified by NGC.)

      

    On 9/21/2020 at 12:26 PM, Coinbuf said:

    This is the argument and the way to rationalize putting one's ethics on pause that I see used often, "nobody is going to be harmed right".

    I don't agree.  The first argument is (as I queried orginally): What to the rules explicitly state?  If the rules set an explicit form of conduct (i.e. "certified coins only"), then that should prevail.  If there are no such explicit rules, then the second criteria would be "will actual harm occur".  But as you just explained, there ARE rules about coins having to be certified only, so given that, I would agree with you that there is an ethical violation in the OP scenario.

    Regarding the infamous Norweb Hibernia, in order to turn it into an ethical dilemma, I was required to discover whether or not the PCGS guarantee explicitly covered a stated provenance for a coin, and as it turned out, it did.  Therefore, that as well was a violation of a stated rule.

    Great discussion, Coinbuf!