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<p>[QUOTE=&quot;SPC CENTS, post: 3031475, member: 93978&quot;]This type of behavior has been common for well over 100 years.&nbsp; Read <i>A Guide Book of Lincoln Cents</i> by Q. David Bowers regarding the release of the 1909 Lincoln Cent.&nbsp; People were practically storming the San Fransisco and Philadelphia mints trying to get a few of the new coins, which many turned around and sold 3 for 5 cents to the folks at the back of the line who were not going to make it to the sales window before 2:00 pm when the mint closed.</p><p><br /></p><p>If there were TPGs at the time, collectors and investors would have used them.&nbsp; There was no universally accepted grading system, however, so buyers who couldn&#039;t attend auctions had to rely on vague and inaccurate descriptions.</p><p><br /></p><p>IMO, TPGs have done more good than harm for this hobby . . . for now.&nbsp; But as the OP said &quot;collecting is different for everyone.&quot;</p><p><br /></p><p>As for me, I&#039;m assembling a set of MS Lincoln Cents from beginning to . . . we&#039;ll see.&nbsp; I have no problem buying slabbed coins below market value.&nbsp; Of course, I crack them out and put them in a CAPS album.&nbsp; I am accumulating a slab graveyard as quickly as I put my set together.[/QUOTE]</p><p><br /></p>

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