Coin World has some interesting things this week.

[the_Thing ®]

First, PCGS hiring a grader starting at $130,000 up to $300,000 a year. Think Keifer makes that kind of money? I don't see a grader making $300,000 a year, sorry. Perhaps I'm wrong. Next, an article where Jim Halperin talks about the crack out game and making money at it. Good reading.

[HaydenTubbs]

I now see why coin dealers would want to quit dealing and start grading coins!

 

Geez....

[the_Thing ®]

NGC's full page ad for hiring a grader has quite a bit more class than PCGS's

[gmarguli]

Is this the Feb 6th issue? If so, what page?

[Wihlborg]

Greg,

 

The ad is in the Feb.20th issue and is on page 49.

 

John

[midwest]

NGC's full page ad for hiring a grader has quite a bit more class than PCGS's

 

I don't know I thought the apprentice "working like a slave" was classy

[the_Thing ®]

Yea, more than likely a young guy who they can pass around as a sex toy/slave during working hours. I would expect it from PCGS.

[James_OldeTowne]

PCGS is in southern CA, isn't it? If so, $130,000 doesn't seem like a lot. For a brief time, I considered living there, and didn't think I could even consider moving for under $100,000 - and that was ten years ago!

 

$300,000 would be pretty decent though....

 

James

[gmarguli]

First, PCGS hiring a grader starting at $130,000 up to $300,000 a year. Think Keifer makes that kind of money? I don't see a grader making $300,000 a year, sorry. Perhaps I'm wrong. Next, an article where Jim Halperin talks about the crack out game and making money at it. Good reading.

 

Keifer making that now, no. Making that in the next 1-2 years, yes. He's a good grader and in demand. I speak no more...

 

$300,000 a year for a grader? The BEST graders are the crackout guys and I bet they make a lot more. $300K to work at a grading service, that's a little higher than I've heard, but there is a lot of demand for graders right now.

[gmarguli]

PCGS is in southern CA, isn't it? If so, $130,000 doesn't seem like a lot. For a brief time, I considered living there, and didn't think I could even consider moving for under $100,000 - and that was ten years ago!

 

$300,000 would be pretty decent though....

 

James

 

PCGS is in Newport Beach and that area is VERY expensive.

[Merc]

Why is there a greater demand for graders now? Is it that hard to find someone who is willing an capable of being a grader? I assumed that the companies would hire people who were already well known in the coin business. That is not the case if they are placing ads in Coin World.

[gmarguli]

Why is there a greater demand for graders now?

 

Increasing submissions.

 

 

Is it that hard to find someone who is willing an capable of being a grader?

 

If they are good, they can do crackouts and wholesale.

[CTcollector]

I am glad some others caught the Halperin/Travers article in coin world this week. Not alot of surprises to some of us, but I will say it was very revealing to see how the crack out game is played by the professionals and even better to see it printed in black and white with real life examples. The part about targeting original coins for dipping in order to have a better shot at an upgrade was disconcerting. The premise being original coins will dip out better than ones that have been previously artificially toned or otherwise enhanced. It reminded me of the scene from Dancing with Wolves when Costner and the Indian are desperately tracking Buffalo for subsistence only to beaten to the herd by greedy poachers who killed the Buffalo solely for their hides leaving behind hundreds of dead and stripped Buffalo to rot on the plains.