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1982-D Washington Commem 50C condition rarity 68+ question and die history
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<p>[QUOTE="Troodon, post: 324562, member: 4626"]I always hate when people say "perception is reality." It's not, <i>reality</i> is reality. Or it should be... I concede the point that in a free market it's what people believe something is worth that ultimately determines what it's worth. The problem is when the belief is placed into something rediculous... like the belief that any one person or campany's opinion is worth more than anyone else's.</p><p><br /></p><p>SGS is very consistent. They consistently overgrade. I'm sure whoever runs SGS thinks that if people are dumb enough to pay for a coin in plastic with a company's grade marked on it, why shouldn't they be able to get in on the action? In that regard I see them as no different than a company like PCGS. The only difference is the top tier graders have a reputation to hide behind... if SGS could get as many people to believe that their opinion is worth something as the top tiers did, they'd be no different. Like you said, for better or worse, it's the perception that a company is more reliable that makes it so in the grading world. Pardon me for not buying into it... I don't care how consistent a company is with their opinions, they're still just opinions. Just because more people agree with it doesn't make it any better, at least not in the sense of having any monetary value attatched to it.</p><p><br /></p><p>I recognize that people have the right to spend their money on whatever they choose... people use to pay huge amounts of money for rare beanie babies, until the fad died out and people realized there was nothing intrisicly valuable about them. The TPG plastic is a longer lived fad but I bleieve if enough people came to the realization that there's nothing about a piece of plastic with someone's grading opinion that makes it a sincge cent more valuable than the coin inside without the plastic the TPGs would go the way of the beanie babies.</p><p><br /></p><p>Promise will try to cut back on ranting against TPGs lol... but it's this kind of thing that most annoys me about them. Top tiers might not be as blatant about ripping people off as companies like SGS but I don't see a con-man who can fool people into willingly giving him millions of dollars as any better than someone who steals $20 at a time from old ladies' purses. Just because someone's more sucessful at ripping people off doesn't make them any less of a crook as far as I'm concerned. If anything, that makes them a lot worse.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 324562, member: 4626"]I always hate when people say "perception is reality." It's not, [I]reality[/I] is reality. Or it should be... I concede the point that in a free market it's what people believe something is worth that ultimately determines what it's worth. The problem is when the belief is placed into something rediculous... like the belief that any one person or campany's opinion is worth more than anyone else's. SGS is very consistent. They consistently overgrade. I'm sure whoever runs SGS thinks that if people are dumb enough to pay for a coin in plastic with a company's grade marked on it, why shouldn't they be able to get in on the action? In that regard I see them as no different than a company like PCGS. The only difference is the top tier graders have a reputation to hide behind... if SGS could get as many people to believe that their opinion is worth something as the top tiers did, they'd be no different. Like you said, for better or worse, it's the perception that a company is more reliable that makes it so in the grading world. Pardon me for not buying into it... I don't care how consistent a company is with their opinions, they're still just opinions. Just because more people agree with it doesn't make it any better, at least not in the sense of having any monetary value attatched to it. I recognize that people have the right to spend their money on whatever they choose... people use to pay huge amounts of money for rare beanie babies, until the fad died out and people realized there was nothing intrisicly valuable about them. The TPG plastic is a longer lived fad but I bleieve if enough people came to the realization that there's nothing about a piece of plastic with someone's grading opinion that makes it a sincge cent more valuable than the coin inside without the plastic the TPGs would go the way of the beanie babies. Promise will try to cut back on ranting against TPGs lol... but it's this kind of thing that most annoys me about them. Top tiers might not be as blatant about ripping people off as companies like SGS but I don't see a con-man who can fool people into willingly giving him millions of dollars as any better than someone who steals $20 at a time from old ladies' purses. Just because someone's more sucessful at ripping people off doesn't make them any less of a crook as far as I'm concerned. If anything, that makes them a lot worse.[/QUOTE]
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1982-D Washington Commem 50C condition rarity 68+ question and die history
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