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Originally Posted by umtrr-author Problem was that only the obverse of the coin was pictured, making the reverse an unknown. I think that made the transaction risky; I might have taken a chance at that price point (had I actually remembered to bid-- oops) but it would have been taking a chance for sure.
This is just one of many examples of why the eBay marketplace can be a minefield. |
... and also why slabbing by TPGs has lessened the risk.
Seems to me there are two ENORMOUS factors that complement each other, and have revolutionized the hobby:
TPG slabbing
the Internet marketplace
The Internet would be FAR more dangerous, and thus far less populated, if not for TPG slabbing.
I'm not saying that TPG slabbing is perfect - a quick perusal of the "About MS70 grading" thread, still very active, proves that.
I'm just saying that TPG slabbing is darn good and has given a lot of confidence to a lot of folks who might otherwise stay away - particularly for the better pieces.
It's interesting to note that prices for better coins escalated dramatically in the late 80's - just as PCGS and NGC were comin' on strong.
We're in another surge now... as the "TPG slabbing + Internet" combo continues to mature.