last year by mid-December, the 30 day coin cert rate was under 120K. Now over 202K. Looks like we are within 1% of last qtrs numbers so far. Will know more in a few days. This will be a record December qtr
CLCT is up 50% YTD so there won't be any tax loss selling from longs. However, there are over 500K shorts who have just been crushed this year. Will they be throwing in the towel and covering between now and year end?
$80K decrease in cash from operations plus another $38K in capital expenditures. $118K total. Much better than previous quarters. Then add in the money raised from stock sales and they actually generated over $1M in cash.
with the CEO gone and possible improved sales, Maybe they generate cash from operations this quarter.
well, u missed a nice run. even with continual insider selling it is going up. The insider selling window closes in 2 weeks.
Mr. Sun Keqin, the founder of Modern Chinese Coins Web said, “I truly believe that our partnership will be significant not only to promote theoretical research and academic development of Chinese modern circulating coins but also enhance the exposure of Chinese coins on international level.”
“Both PCGS and Modern Chinese Coins Web will continue to stay ahead of the academic standards in this field together. We shall join hands to promote Chinese modern circulating coins in a new era!” added Mr. Sun.
“PCGS takes the grading business very seriously. We will only partner with the most respected and recognized numismatists like Mr. Sun whose expertise can greatly enhance our grading capability especially in Chinese modern circulating coins. We look forward to a long term partnership with Modern Chinese Coins Web and many successful joint projects in the future to enhance further our services to the Chinese coin collecting community with improved PCGS Population Report, Price Guide and Set Registry,” said Ms. Muriel Eymery, PCGS Vice President International Business Development.
“PCGS provides an unlimited guarantee and this guarantee will also apply to PCGS-graded Chinese modern circulating coins. PCGS’ certification hence increases collectors’ security, coins’ value and liquidity. PCGS is recognized worldwide as the Standard for coin grading,” added Ms. Eymery.
In January 2014 PCGS will once again offer on-site grading service in mainland China. Chinese modern coins dated after 1949 and Chinese/US/World vintage coins from the late 1700s to mid-20th century will be accepted for certification and grading until January 15, 2014. We welcome submissions at the PCGS Official Submission Centers in Shanghai, Beijing and Guangzhou. Coins can also be conveniently submitted through a network of more than 80 PCGS Authorized Dealers in mainland China
PCGS ENTERS NUMISMATIC AND MARKETING PARTNERSHIP WITH MODERN CHINESE COINS WEB IN MAINLAND CHINA
(Shanghai, China) Professional Coin Grading Service, the world’s leading independent third-party coin authentication and grading company, continues its relentless efforts to expand service in mainland China. PCGS has entered into a numismatic and marketing partnership through its wholly owned subsidiary in Shanghai, Collectors Universe (Shanghai), Ltd., with Modern Chinese Coins Web, the leading and the most authoritative numismatic website specialized in Chinese modern circulating coins in mainland China, and Mr. Sun Keqin, the reputable numismatist and author of Standard Catalog of Chinese Modern Circulating Coins.
This partnership marks an important move for the strategic partners to demonstrate their commitment and coordinated efforts to jointly research and promote Chinese modern circulating coins using an all-rounded approach in China. The partners will exchange valuable coin knowledge and market insights as well as to utilize each other’s resources, expertise and websites to jointly promote Chinese modern circulating coins, the partners and their brands. This will not only make the Chinese modern circulating coins market more vibrant and secured but also add great value to benefit the Chinese modern circulating coin lovers in mainland China.
“Interest in collecting and investing in Chinese modern circulating coins continues to grow. We see fast growing submissions being handled by PCGS Shanghai Grading Centre since we have opened a few months ago. It is our great honor to partner with the most respected Chinese modern circulating coins website led by the well-known Chinese numismatist and author Mr. Sun Keqin,” said Mr. Don Willis, PCGS President.
PCGS recognizes the diverse variety of Chinese modern circulating coins. All such coins certified by PCGS will feature Mr. Sun’s reference coin numbers in the labels and be listed as such in PCGS Population Report.
He is on ignore for me, but you can still see the title of his messages. So here's his story:
- invested his life savings in the secondary at $22.75. Was telling everyone it was going to $50. He may have even used margin. Lost almost all of it. I was short during that time so he blames me. Stalks me on every board I go to. Posts incessantly even though he has no stake in any company as he has no money. Lives in one of FL's trailer parks.
- has no family. He likes men and little boys in the biblical sense. Was using his caseyboy2 handle on a NAMBLA chat room a few years back and was discovered by another poster who simply googled "caseyboy2". He subsequently removed that account and got those NAMBLA posts removed.
- has no friends, works as a golf caddy even though he is near 70. His existence is so pathetic, it is almost sad. Exhibits severe mental issues from paranoia, psychosis, multiple-personality disorder, and others
Recommendation: put on ignore.
forget the "slow" period, it never slowed down all year. Looks like coin certs are trending to be about the same to slightly higher than last qtr which would be a huge increase yr-yr
Teletrade was shut down and transferred over to Stacks website. Unfortunately for Spectrum, it looks like the company that did the Obamacare website did the Stacks website. Takes forever to load, missing functionality, bugs galore.
What a bunch of jokers. Roberts needs to give himself a bigger bonus.
Mylar flips are available from PCGS either through the website or at a show. Please protect your coins! PCGS will not be held responsible for coins that are damaged due to being submitted in sub-standard flips.
Thanks again for your support and we wish you a happy holiday season and a successful New Year!
New Services for 2014 & Important Info about Coin Flips
December 11, 2013
Dear PCGS Collectors Club Member,
Thank you for contributing to our success over the past year! This has been an exciting year for PCGS with major growth initiatives both domestically and overseas. With your support we will continue to expand and improve our services to you worldwide.
First of all, there will be no price increases in PCGS services during 2014. We appreciate your support and all the business you send our way. Shipping fees will increase slightly beginning on January 1, 2014.
At the beginning of 2013, PCGS introduced two new services: Reconsideration and Restoration. Both services have been extremely popular and you have come up with ideas on how to make them even better. Those ideas will be incorporated into our services in 2014 as follows.
Reconsideration: Beginning in 2014 you will be able to select Plus (+) upgrades and/or Suffix upgrades as part of the Reconsideration service. A total of four Reconsideration options will be offered:
1. Upgrade by a numeric point (current offering)
2. Upgrade by a Plus (new)
3. Upgrade by a Suffix (ex. CAM – DCAM, PL – DMPL, etc.) (new)
4. ‘Any’ which means any of the previous upgrades (new).
Remember the Reconsideration service is just an option for you. You can still submit any PCGS coin through the Regrade service as always.
Restoration: To date those coins that we determine cannot or should not be restored have simply been returned without grading. In 2014, you will be able to select an option allowing your coins to be graded even if it is determined that they cannot or should not be restored.
IMPORTANT info about coin flips: We are seeing a lot of coins that are submitted in poorly manufactured, PVC-contaminated, or even re-used flips. Some of these flips actually contain fragments of plastic or metal. The use of inferior flips can damage your coins and even cause scratches. We strongly encourage you to use a quality Mylar type