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<p>[QUOTE="dougsmit, post: 7938468, member: 19463"]As I understood it from the beginning this was exactly the reason for slabs. Without them, either the seller or the buyer needed to have a clue about the coins but placing the coins in plastic allows people who know nothing to buy and sell coins with no real need to become any more educated. I though it was a terrible idea when it started but now it is a fact we all need to accept. I do not know anyone whose opinion I would value over that of the NGC duo but what they have added to the hobby is bringing money in that would not have otherwise been there to overbid those of us who either know about our coins or are willing to patronize those who do. That is not 'good' for my personal hobby since it removes coins I might otherwise have bought. I look forward to the day that prices crash and the 'uneducated' money moves along to buying 'Billy' beer cans or something else. </p><p><a href="https://en.wikipedia.org/wiki/Billy_Beer" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Billy_Beer" rel="nofollow">https://en.wikipedia.org/wiki/Billy_Beer</a></p><p>Will that happen? You vote every time you bid with a mind that you will make a cash profit rather than just enjoy the coin. </p><p><br /></p><p>A thought: a day at Disney World now costs over $100. When you are next in Florida, what would you pay for a seat looking over Barry's shoulder as he 'grades' these boxes? Would you feel cheated if you were there on a day with 10,000 LRB's?[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 7938468, member: 19463"]As I understood it from the beginning this was exactly the reason for slabs. Without them, either the seller or the buyer needed to have a clue about the coins but placing the coins in plastic allows people who know nothing to buy and sell coins with no real need to become any more educated. I though it was a terrible idea when it started but now it is a fact we all need to accept. I do not know anyone whose opinion I would value over that of the NGC duo but what they have added to the hobby is bringing money in that would not have otherwise been there to overbid those of us who either know about our coins or are willing to patronize those who do. That is not 'good' for my personal hobby since it removes coins I might otherwise have bought. I look forward to the day that prices crash and the 'uneducated' money moves along to buying 'Billy' beer cans or something else. [URL]https://en.wikipedia.org/wiki/Billy_Beer[/URL] Will that happen? You vote every time you bid with a mind that you will make a cash profit rather than just enjoy the coin. A thought: a day at Disney World now costs over $100. When you are next in Florida, what would you pay for a seat looking over Barry's shoulder as he 'grades' these boxes? Would you feel cheated if you were there on a day with 10,000 LRB's?[/QUOTE]
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