But, right off, I notice some serious problems with this service. In order for it to really work in a collectible market, the item has to be preserved _EXACTLY_ as it was sold (unless it's declared a 'loose' pin (i.e., packaging not included) on the grading scale), but they don't seem to be allowing space for the backing card or the plastic bag that covers the pin when it was sold (for the ones that have them). And, where are the original pin backs? You can't just throw away the packaging and original parts of the pin and call yourself a collectibles grading service. It's okay to not want the cards/packaging attached to the pin, but it should still be graded as well as the pin and sealed with it (and when listed as 'with packaging', the condition of the packaging affects the overall grade). Trust me, as time goes on, pins with their original packaging will be worth a lot more than loose ones, it affects every collectibles market.
Sure, many people right now probably don't care about the cards/bags (and maybe even not the pin backs since they are easily replaced), but if there is anyone that actually wants their pins 'graded' and sealed in un-openable plastic boxes, _THOSE_ will be the kinds of people that will want every scrap of paper included with the pin when it was originally sold, and would even want to verify the Mickey pin-backs where the actual ones sold on the pin (which it probably impossible, but that's how 'encapsulated collectors' think 😛). The fact that someone is selling a graded PODM right now with the card sitting separately outside the box tells me they are missing a serious point of mint-in-package collectibles (which, again, is what encapsulated caters too. If you don't care if you pin has the packaging, than you probably aren't going to want it sealed in a plastic box you have to destroy to open).