I assume you were just skimming my post and didn't actually read it so I will be happy to explain how wrong your statement is. See the word enough? I read my coin articles online and have a few monthly mags I enjoy reading. But I already have to follow quite a large amount of information for my actual job. I just don't have the time nor interest to study coins to the degree it would require to safely spend the money I have to buy coins at the level that I have posted. Hence the word enough. You seem rather motivated to take shots at me. While you can continue to do so as you are my personal advise would be to make sure the shots actually stick because I kinda think that it just makes you look a little foolish when you misstate things or even are just blatantly corrected by others. Just my own humble opinion and advise. I don't have the 2-8 years of my life to spend at cointalk university to become an expert. Sorry.
You obviously didn't buy any slabbed classic commemoratives around 1989. If you did, you would already know that tpg did nothing to prevent a market-meltdown in those coins. In fact, it could be argued the tpg created the over-inflated market to begin with.
It is the equivalent of being a car aficionado and paying someone else to do all the work on your car. If you are happy with that, fine. I know people that own muscle cars from the 1960s and hired someone to do all the engine, interior, painting etc. If you are a purist enthusiast you do all that yourself - there is nothing like actually working on something and appreciating everything about it. But as interested in 1960s muscle cars as I am, I am not willing to do all the work, put up with the maintenance, the looky loos etc. - so I don't own the car I really would like. I enjoy the historical aspect of numismatics as well as the diagnostic side. Not to say I haven't been stung on counterfeits or cleaned coins - but experience has demonstrated that those have even made it into TPG holders from the big three. I am actively looking for one of the Micro-O counterfeits in a TPG holder - they are highly collectable as forgeries!
Correct I didn't have the money back then. In fact i was still in high school in 1989. I'm pretty sure that you don't need to confine your statement to commemorative coins. If I remember correctly the ms65 Morgans were trading early on at up to $250 or so. However I can clarify my post to state that I don't think most people buying non modern tpg coins in today's world is speculation. I would think it would be the other way around since most of the high end classic coins are slabbed. So it would be hard to collect nice old coins and not buy the slabs.
You know, I do like your circulated coins for what they are. I'm just saying you don't need to dress them up in labels and stickers and I'll still like them.
Yeah, he gets away with more, probably because he's older. Seriously though, his posts are never long enough to offend. They may sometimes look curt, therefore rude. I don't see it, though.
I for one am not ashamed to pay someone else to look at my coins (Or actually I buy slabbed coins at market prices that someone else paid to have looked at...). It is possible to absolutely love studying and learning about coins and still be willing to rely partly on the opinion of somebody (or actually 3 somebodies if we are talking about PCGS or NGC) with years of professional experience judging the market acceptability of coins. I know that the TPG's are not infallible and sometimes their decisions make us scratch our heads, but if the rest of us are all such experts, why aren't we all out there making well into the 6 figures grading coins for a living? Meanwhile I will continue to study and learn and enjoy the hobby.