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<p>[QUOTE="Cloudsweeper99, post: 115755, member: 3011"]centamint, coin grading is pretty subjective in the best of cases, and borderline criminal in the worst. It has to be one of the most crooked "professions" around. It may be one of the few commercial activities left in America where dealers can very deliberately and intentionally act in a manner to defraud customers without much fear of legal prosecution. I'm not sure whether this situation attracts dishonest people, or if people become dishonest because of the opportunity to cheat without risk. But the risk to people like you and me, the casual hobbyist just trying to get fair value, is extremely high. About the only thing you can do is to stick with the top grading companies and hope for the best; or develop the grading expertise yourself. My personal solution has been to stick with coins that either sell reasonably close to the value of the gold and silver bullion content, and/or to collect fairly inexpensive coins and tokens. Obviously this is pretty limiting for most collectors, but I'm happy with my approach.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 115755, member: 3011"]centamint, coin grading is pretty subjective in the best of cases, and borderline criminal in the worst. It has to be one of the most crooked "professions" around. It may be one of the few commercial activities left in America where dealers can very deliberately and intentionally act in a manner to defraud customers without much fear of legal prosecution. I'm not sure whether this situation attracts dishonest people, or if people become dishonest because of the opportunity to cheat without risk. But the risk to people like you and me, the casual hobbyist just trying to get fair value, is extremely high. About the only thing you can do is to stick with the top grading companies and hope for the best; or develop the grading expertise yourself. My personal solution has been to stick with coins that either sell reasonably close to the value of the gold and silver bullion content, and/or to collect fairly inexpensive coins and tokens. Obviously this is pretty limiting for most collectors, but I'm happy with my approach.[/QUOTE]
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