[PCGS collectors club]

Is it an annual subscription?

I imagine it must be, but it does not specify.

[CGS "membership" Fee]

Ok Thanks for your help Nordie. I am going to try and take the photos first. I think even on here, the prospective buyers would surely like to inspect high resolution photos.

[CGS "membership" Fee]

Thanks for your help.

I find the whole London Coins business farcical and totally absurd.

I did my coin valuations today, and the upside is that Spink 2016 values my coins higher than CGS ever did.

Just got a work out a way to sell them now.

[CGS "membership" Fee]

I have no idea how to take a decent photo myself. I assume it is done with a digital SLR plus macro lens, and careful lighting.

This is very frustrating.

I do not want to join London Coins either, but maybe its the only way for me to get in and download my photos. Assuming that is still possible, and he has not disabled that.

Does anyone know if it is possible to download once you are member?

[CGS "membership" Fee]

Does anyone know how to get the photos of the coins?

Do I have to pay the £99 fee?

I want to sell my coins, but no idea how to get decent photos without spending a fortune on a macro lens.

 

[CGS "membership" Fee]

Semra has been driven mad by the famous curse of coin collecting.

[CGS "membership" Fee]

This whole episode made me upset. It leaves a sour taste in the mouth. For those people who were savvy enough to grade their coins with CGS have had a smack in the teeth. I think the relatively small customer base are being bullied.

[CGS "membership" Fee]

15 minutes ago, Paulus said:

The database pretty much looks after itself. It's the cost of employing people to provide the service when on average they have slabbed 4,000 coins per year at a charge of around £15 per coin (on average) - annual revenue from slabbing therefore around £60k. The fee is a flawed attempt at turning a profit.

I agree. I think I did this mental calculation when slabbing. I wondered how they stayed in business, concluded that were supported by London coins, but it did make me feel the whole thing was dodgy. But still it was okay back then. Now it is blown out of the water. Totally nuts.

[CGS "membership" Fee]

1 hour ago, mhcoins said:

In my opinion, best bet for anyone with a CGS slabbed coin is to get it cross graded asap by NGC / PCGS or crack it out of the slab and burn the CGS ticket

It will cost me a fair bit to do this. Perhaps something to think about later.

[CGS "membership" Fee]

I am livid to be honest. I think it is disgraceful what he has done. Why close down the company?? He is obviously trying to scam people, make as much money as possible.

 

I only have 10 slabbed coins, and I was going to keep them for twenty years to see what happens. But this is a total joke.

[CGS "membership" Fee]

11 minutes ago, Sword said:

Personally, I think this is just very bad behaviour. 

Firstly, CGS asked for £499 membership and published a new price list. Then customers were told that CGS was under "new management". 

Now they sent  out an e-mail saying that CGS has in fact "closed and ceased trading" and is asking for a £99 annual subscription fee for the new London Coins Grading Service. 

And who sent the e-mail? Ms Cetin herself.

Looks like I was right about the change being from Semra in-charge to Cetin in-charge

 

Yes exactly. It is scam to get out of any legal agreements for people who paid up to have their coins valued. Now we can't sell them because we don't have access to the photo gallery.

[CGS "membership" Fee]

I always had a bad feeling about CGS. Now this has happened.

It is very poor form to muck around us like this.