You Gotta Read This Seller's Description for Marshal Commems...Selling Way Below Cost!!

WOW that's all I have to say about that posting !

 

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$20-$30 to get it graded !

 

The guy does have some really nice gold/silver coin's for sale but I think it would help to come off a little different to his buyer's .

 

Heh.... Nice one.

 

whoops

 

Awwwww... Poor coin flipper got hosed??

 

I liked his reference to Denver Mint employees "making coins on weed". Speaking of which, maybe someone should lobby Congress to approve a Bob Marley commemorative to be mined only in Denver lol...

 

One of the best item descriptions I've read.

 

His rant is worth the price of the coin !!!

 

That's what he gets for playing that stupid game of submitting modern coins hoping for 70's to swindle those naïve enough to spend their mortgage money on 70s.

 

Chris, you gotta be kidding, right -- since when is it "very easy to tell the difference between 69 and 70"? I'd even go so far as to say that most 70s would come back as non-70s if resubmitted.

The entire modern obsession with 70 vs. 69 hair splitting is making no one money but the TPGs. It's all smoke and mirrors, and I'm not convinced they aren't using a random number generator to assign grades to these -- or spinning a little wheel like the game of LIFE.

 

No, Brandon, I'm not kidding. A 70 has no flaws, and all a 69 needs is one flaw. How hard can that be? I doubt that the TPG's are using an RNG or a wheel of fortune to determine grades, but if I were to submit 50 coins that I knew for sure were 70's, I doubt that they would all come back as 70's even if they were flawless. It's not my fault if one of their graders needs more training. LOL!

Chris

 

Your understanding of the assessments of 70 vs. 69 is theoretical. I simply don't buy that the TPGs can differentiate between a 70 vs. 69 coin consistently. When I see someone crack and resubmit even 20 coins (ten 70s and ten 69s), and they all come back the same grade, then I'll believe it isn't more than just smoke and mirrors.

PS -- there is NO way to submit 50 coins that you "knew for sure" were 70s. I don't care what level of magnification or microscope you are using, you can't guarantee that the graders don't find something like a small hairline or something just doesn't "look right" to them to assign the 70. Even the best of the best of screeners/reviewers who have made the majority of modern circulation top pops and make a living at it (think Mark DiLauro) don't get the grades they always think they should. In the rarefied air of 70 vs. 69, all bets are off with regard to what one think they "know" when submitting coins for grading.

 

Brandon, you missed my point. I meant that IF they were positively all 70's, they would still not come back all 70's.

No, my assessment of a 70 is not theoretical. It's very easy to distinguish them from the 69's. The problem is that the TPG's WILL NOT grade all of them 70's.

Chris

 

We will have to agree to disagree. I would bet that if I showed you 40 slabs with the labels covered, half graded 70s and half graded 69s, that you would not find it so "easy" to distinguish -- or more important, to agree with the TPG.

The fallacy you're making is assuming that there is some truth of a coin's grade. Some of the coins you think are all 70s will be graded 69s, and some of the coins that you think are 69s will be graded 70s. The overarching issue is that your opinion doesn't matter in the market, only the opinion of the TPGs matters for these modern "perfect" coins...

 

Then they arent 70s then are they, the 70 point scale is a direct evolution of the TPGs, and if they wont recognize the coin as a 70, who else will? Obviously 'our' opinions dont matter, as we arent paid for our opinions consistently, so yes, you are just playing a guessing game.

Its like the resubmittal guarantee, its only valid on their terms, because its their warranty, it doesnt matter what we think of the coin, only their opinion matters

Same with grades in general, they are only valid in their little 'realm', and you have two participants. The ones who need the TPG crutch to help them in the hobby, and the then you have the ones who recognize them as what they are and simply use their service to widen their audience to the crowd that cant use their own eyes and opinions to make purchases.

Either way, they are only offering a perception in their little world, if you step out of that world, they become useless rather quickly.

Go to the world market and see what folks think of slabbers (and not US collectors of world coins, but world collectors of coins), they dont care about that slab, go to raw coin collectors, they dont care about that slab, go to colonials and early copper, no desire for a slab. To all of them, numbers like 69 and 70 dont even come into their reality, its all just a play by the TPGs and we are the audience.

Now some of us can see the little man behind the curtain making the Wizard talk, others, just like the people of Emerald City, believe all that the Wizard tells them.

 

I wouldn't believe anything Dorothy said either. Who else kills someone and takes their shoes other than a straight up hood rat.

 

You're still not getting my point. I'm not talking about coins that have already been slabbed because the grading services would probably call some of the 70's a lower grade. Let's just drop it.

Chris

 

And, you missed my point (twice now)...

In the market all that matters is what the TPGs think are 70s, not what you or me or anyone else thinks. So, it only makes sense to test your skills against the coins already in slabs.

 

Forget it! Your slabs have nothing to do with my original comment. I can tell the difference between a raw 70 & 69. I'm sorry that you can't.

Chris