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Outsourcing coin grading???

6 posts in this topic

Posted

Should a wall street listed grading service start outsourcing their grading of economy and modern coins to Mexico or India in order to alleviate the 90-100 day backup? 893scratchchin-thumb.gif Would it be good for their bottom line? 893scratchchin-thumb.gif

 

 

 

TRUTH

Posted

It might be a good idea to open a branch outside the US. I'm sure the grading services could find competent graders in Europe.

Posted

Those European graders are brutal. sumo.gif If their standards ever caught on here PCGS and NGC would look like AGC. devil.gif

 

Of course the new standards would bring about new price lists. The old MS-65 price would become the new MS-61 price. 893whatthe.gif

 

You can play with grade labels all you want, but it won’t lower the prices. If the alligators don’t get you the mosquitoes will. confused-smiley-013.gif

Posted

To clarify the point, the "European grading standards" are a lot tougher than the American standards. As an American collector grading British coins, what I would call "EF" (and I'm known to be on the conservative side) in a British coin, they would call "VF." In general if you grade coins by the "old" American standards, you call lower things by a full grade using the European system.

 

Using some of the "American standards" that I have seen of late, you might have to drop them by two grades. 893naughty-thumb.gif

 

On a lighter note, I rather image that ACG has a lot of time on its hands right now. Why outsource to Mexico when you can keep the jobs in the good old USA? 27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gif27_laughing.gifforeheadslap.gif