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<p>[QUOTE="dave92029, post: 1723226, member: 26916"]The issue with OMP is selling the coin to a buyer who is unable to physically inspect the coins and verify their quality. Photos are not a reliable means of "seeing" the quality, and very often the buyer and seller are not able to meet for a physical inspection. Thus more participants in secondary market transactions are depending on an independent third party to verify that the quality and authenticity of the coins in a transaction. </p><p> </p><p>The grading companies provide a valuable service that has made the secondary coin market very liquid and competitive. I doubt that eBay or many of the other internet dealers with all their coin transactions each day would exist without the grading companies. </p><p><br /></p><p>Without the grading companies you would have to depend on your local dealer and what they grade your coins. </p><p> </p><p>I feel that the grading companies have provided a much more level playing field, and liquidity to my coin collection.[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 1723226, member: 26916"]The issue with OMP is selling the coin to a buyer who is unable to physically inspect the coins and verify their quality. Photos are not a reliable means of "seeing" the quality, and very often the buyer and seller are not able to meet for a physical inspection. Thus more participants in secondary market transactions are depending on an independent third party to verify that the quality and authenticity of the coins in a transaction. The grading companies provide a valuable service that has made the secondary coin market very liquid and competitive. I doubt that eBay or many of the other internet dealers with all their coin transactions each day would exist without the grading companies. Without the grading companies you would have to depend on your local dealer and what they grade your coins. I feel that the grading companies have provided a much more level playing field, and liquidity to my coin collection.[/QUOTE]
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