Is the Coin Grading Business Sustainable?
Is the Coin Grading Business Sustainable? Tuesday December 26, 2006#spacer{clear:left}#abc #sidebar{margin-top:1.5em}zSB(3,3)I got to thinking about an interesting concept over this past weekend: What happens when all of the coins that need to be graded are already in slabs? Of course, there are a lot of coins out there, and we’ll never see all of them in slabs, but grading services are like any other business. They need to maintain their current levels of revenue at the very least, and hopefully grow. So what are these companies going to do when the numbers of coins needing grading and certification begin to drop off due to fuller market penetration? Unfortunately, I think we’re already seeing the answer: Marketing gimmick certifications. For example, the First Strikes
