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<p>[QUOTE=&quot;Burton Strauss III, post: 2390777, member: 59677&quot;]I think a big part of it goes back to the creation of the 401(k) and the possibility that rare coins we&#039;re going to be included as permitted assets.</p><p><br /></p><p>In order to become an investment for the masses, rare coins have to be pretty liquid (easy to sell on a moment&#039;s notice or even sight unseen).</p><p><br /></p><p>If the only way to sell them is via a dealer with an old-fashioned technical grade and a detailed old fashioned coin description? The asset class can&#039;t handle the value and volume that would have been there.</p><p><br /></p><p>TPG grading is an attempt to assign a single grade (=value) to every coin, with all MS63 1888S Morgan dollars basically interchangeable.</p><p><br /></p><p>The problem is that most people with even a moderately experience eye can look at 2 coins and say this one is better than this one. But the grade doesn&#039;t tell you that.</p><p><br /></p><p>Which leads us back to the Plus in the star and the decimal grades and 69 vs 70 for modern coins...[/QUOTE]</p><p><br /></p>

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