I was looking through my Jan. 6, 2014 Coin World when I spotted an ad for PQ approved stickers. First time I saw this competition to CAC stickers. So, what makes a PQ coin worth having? Great eye appeal. Only PCGS and NGC certified coins Excellent Strike Great Mint Luster No major copper or carbon spots Above average for the grade No major mint defects. No ugly toning. Looks like this is the start of entities jumping on the CAC bandwagon to make a couple of bucks. Personally I could care less about CAC or PQ. According to PQapproved web site they want your name and address and then they will contact you abut pricing.
The stickers may be new but the term PQ is almost as old as I am. It's use became so commonplace that it's almost meaningless anymore.
PQ stickers have been around for quite a while... maybe the company got bought and they're restarting?
It's Barry Stuppler, who as I understand it, has been stickering some of his own offerings for some time now and even before CAC was launched. I am very much a fan of CAC, but do not have the experience or possess enough knowledge of his "PQ" to give a fair opinion either way. At least for me, "PQ" will be given no considerations until or unless it becomes market proven.
That's the way that the business is going. Coins that are stickered as being on the higher end of the grade bring a premium. Coins that are certified by TPG that appear to be on the lower end for the grade are sold at a discount. Ebay is loaded with CAC and PQ rejects.
I don't see why these companies wont sticker any tpgs slabs where the coins are either solid or high end for the grade . Why just PCGS and NGC ?
They want to dance only with those percieved as the best. It elevates their image and helps justify the added expense. It's sticker name + slab name = added value. In this equation, it doesn't even include the coin perse.
Who has a link to an eBay auction from that guy who used to cover his coins with stickers? (Same as a Pizza, etc)... Do his stickers add value? LOL!
Because they are the only 2 TPGs who are accepted by the numismatic community as a whole as having grading standards that mean anything. ANACS and ICG (and any others) are seen by the numismatic community as a whole as having grading standards that are way to loose, too lenient, and that coins graded by them are all over-graded. Fans of ANACS and or ICG like to shrug off this thinking and refuse to accept it as being true. But it is true.
Untrue . . . it only increased confidence on the part of those who can't grade. For those who can grade, they still make their buying decisions based on the coin inside the holder, and not on the sticker outside of it. By the way . . . how many people out there believe that the CAC stickers still have not been counterfeited?
I like how you attributed someone else's post in a quote window to my name. Please don't do that anymore.
Sorry . . . I didn't know how to preserve context without bringing in both posts, so I copied / pasted both into the editor and, for some reason your name ended up on his post and I didn't notice. My apologies . . . Mike.
I respect your vast knowledge, GDJMSP, but I respectfully disagree. I have noticed that the more experienced members tend to be stricter on grading, but that the TPGs seem to have eased their grading over time, including NGC and PCGS. I agree though that some TPGs are stricter than others. But because grading standards are subject to change from generation to generation, it seems to me there is no objectively "correct" grading. In one of the coin shows I attend in South Florida, a well-respected dealer only submits to ICG. He is consulted by other vendors to determine value or authenticity, and his wife is the organizer. Again, I am not an expert and have a lot to learn on grading, but I am unabashedly a fan of ICG.