So, now JPM is being blasted by owning TOO MUCH pm?

Like I said, switch from bullion dealers to coin dealers, and suddenly the tone changes and the ranks come in to support the pristine image of the hobby. I accept that Medoraman and Mikem2000 are very specific, just like I am specific in not trying to minimize the problems in the hobby. My analogy would be steroid use in baseball: the commissioners and officials were minimizing it for many years, just as, in my view, some internet posters attempt to minimize the shadiness in the hobby. Personally, I don't see why my observation should threaten anyone, the same way criticizing some car salesmen does not threaten the segment of the population that collects cars.

 

Log in or Sign up to hide this ad.

I have no delusions of the "pristine image of the hobby". I have have been ripped off before, and it hurt. I also know many dealers (coin and bullion) who are stand up guys, so I have a problem when someone makes a sweeping generalization about a either category.

 

That's fine. I am not wholly invested in this topic. I just wanted to point out that there is more lenience given to coin dealers than bullion dealers. Regarding the topic of generalizations, I think there is a political correctness here that I don't relate with. But I'll leave it at that to avoid bringing politics into the discussion. I think with my experience in the hobby, especially buying from one of the biggest fish in the country (who supplies Gainesville Coins), and going to numerous large coin shows and interacting with literally dozens and dozens of dealers, I have the right to my opinion. I am not saying all coin dealers are bad, by the way. I just think the problems are pervasive enough to mention, even if it brings some heat over the internet. But I won't dedicate too much time to this.