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<p>[QUOTE="Hobo, post: 363687, member: 11521"]I won't post the Guest Commentary (which is what this is) but I hope it is OK for me to quote a line or two (or three) from it.</p><p> </p><p>My first impression was the writer - veteran coin dealer Jay Bowman - has a bad case of sour grapes. He starts off complaining that eBay yanked his coin auction due to "the mere mention of" SEGS in his description. </p><p> </p><p> </p><p>Throughout the piece he rails against both eBay and ANA and used ample portions of hyperbole. He makes a few meaningless arguments and rambles quite a bit. </p><p> </p><p><br /></p><p> </p><p>Is he saying that the criteria to determine a good TPG is whether they have a "nice holder"? From what I have heard the Chinese counterfeit PCGS slabs are "nice holders". </p><p> </p><p>Since when are SEGS coins as "conservatively graded" as PCGS or NGC? Who does this guy think he is fooling? But I digress. </p><p> </p><p>Next he offers "Graders are only human; mistakes happen." and lets us know that he has seen coins from every TPG that have been overgraded and undergraded. (Too bad he didn't give us numbers or percentages. It would have been very informative to know what percentage of PCGS or NGC slabs are overgraded vs. what percentage of SEGS slabs are overgraded.)</p><p> </p><p>After touching on Chinese counterfeit coins and slabs he launched into a great deal of hyperbole equating ANA's recommendation and eBay's decision to only allow the top 4 TPGs (or 5, according to Bowman who also includes NCS) to Big Brother, bigger government and a loss of personal freedoms. (This guy should write speeches for politicians.)</p><p> </p><p>Bowman rambles quite a bit saying buyers ("investors and speculators") should become "more alert and educated". He fails to appreciate that beginner collectors and non-collectors do not know how to grade coins and count on the TPG to tell them the grade of the coin. "The grading services should just confirm what you already know." That's great (unless you know nothing about grading). </p><p> </p><p>Do ya think Mr. Bowman's opinions are affected at all by the fact that "a third of his business is conducted via the Internet" (according to his bio)?[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 363687, member: 11521"]I won't post the Guest Commentary (which is what this is) but I hope it is OK for me to quote a line or two (or three) from it. My first impression was the writer - veteran coin dealer Jay Bowman - has a bad case of sour grapes. He starts off complaining that eBay yanked his coin auction due to "the mere mention of" SEGS in his description. Throughout the piece he rails against both eBay and ANA and used ample portions of hyperbole. He makes a few meaningless arguments and rambles quite a bit. Is he saying that the criteria to determine a good TPG is whether they have a "nice holder"? From what I have heard the Chinese counterfeit PCGS slabs are "nice holders". Since when are SEGS coins as "conservatively graded" as PCGS or NGC? Who does this guy think he is fooling? But I digress. Next he offers "Graders are only human; mistakes happen." and lets us know that he has seen coins from every TPG that have been overgraded and undergraded. (Too bad he didn't give us numbers or percentages. It would have been very informative to know what percentage of PCGS or NGC slabs are overgraded vs. what percentage of SEGS slabs are overgraded.) After touching on Chinese counterfeit coins and slabs he launched into a great deal of hyperbole equating ANA's recommendation and eBay's decision to only allow the top 4 TPGs (or 5, according to Bowman who also includes NCS) to Big Brother, bigger government and a loss of personal freedoms. (This guy should write speeches for politicians.) Bowman rambles quite a bit saying buyers ("investors and speculators") should become "more alert and educated". He fails to appreciate that beginner collectors and non-collectors do not know how to grade coins and count on the TPG to tell them the grade of the coin. "The grading services should just confirm what you already know." That's great (unless you know nothing about grading). Do ya think Mr. Bowman's opinions are affected at all by the fact that "a third of his business is conducted via the Internet" (according to his bio)?[/QUOTE]
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