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<p>[QUOTE="cladking, post: 1347192, member: 68"]I'm not a real big fan of Mr. Bowers but Littleton does deserve far more praise in the hobby than they get. They mostly do a good job on every end of the business and bring large numbers of people into the hobby. They are honest and provide quality service. I don't favor all of their business practices but in every case the customer has an honest shake. Approvals are a problem in my opinion but most of their customers know what these are and know to return what they don't want. In this day and age with the oracle available to everyone customers should be aware they are paying a great deal for value added. While collectors might shudder at the idea of paying $5 for a $2 coin most non collectors and beginners just don't consider this a problem. An argument can be made that the sales price in some instances even makes the coin actually a $5 coin even though the chances of retaining this premium are poor. </p><p><br /></p><p>If everyone weren't so busy tearing down the work they do then perhaps Mr. Bowers and I wouldn't be so quick to defend them. </p><p><br /></p><p>The bottom line is that they are a company whose product appeals to beginners and those willing to pay for value added. I wouldn't want a complete collection since the fun for me is completing it but there's a demand and Littleton fullfills it. They also move a huge amount of product and provide a floor for the prices of most lower value coins. They keep this floor somewhat elevated as well. Prices would be lower without them.</p><p><br /></p><p>The ony real "harm" they do is in spreading out low value coins far and wide whjere they can come back onto the market for centuries. By the same token though there is good in this. </p><p><br /></p><p>Some people who collect high value coins just see them as a ripoff but without them there would be a lot fewer low end collectors which means fewer high end collectors in the future along with lower high end prices. </p><p><br /></p><p>They are good for their customers, good for the hobby, and good for themselves.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1347192, member: 68"]I'm not a real big fan of Mr. Bowers but Littleton does deserve far more praise in the hobby than they get. They mostly do a good job on every end of the business and bring large numbers of people into the hobby. They are honest and provide quality service. I don't favor all of their business practices but in every case the customer has an honest shake. Approvals are a problem in my opinion but most of their customers know what these are and know to return what they don't want. In this day and age with the oracle available to everyone customers should be aware they are paying a great deal for value added. While collectors might shudder at the idea of paying $5 for a $2 coin most non collectors and beginners just don't consider this a problem. An argument can be made that the sales price in some instances even makes the coin actually a $5 coin even though the chances of retaining this premium are poor. If everyone weren't so busy tearing down the work they do then perhaps Mr. Bowers and I wouldn't be so quick to defend them. The bottom line is that they are a company whose product appeals to beginners and those willing to pay for value added. I wouldn't want a complete collection since the fun for me is completing it but there's a demand and Littleton fullfills it. They also move a huge amount of product and provide a floor for the prices of most lower value coins. They keep this floor somewhat elevated as well. Prices would be lower without them. The ony real "harm" they do is in spreading out low value coins far and wide whjere they can come back onto the market for centuries. By the same token though there is good in this. Some people who collect high value coins just see them as a ripoff but without them there would be a lot fewer low end collectors which means fewer high end collectors in the future along with lower high end prices. They are good for their customers, good for the hobby, and good for themselves.[/QUOTE]
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