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An example of "grade-flation" lowering specific grade market values
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<p>[QUOTE="medoraman, post: 3585334, member: 26302"]I liken the situation to the NGC ancient slabbing. David Vagi, who designed the program and runs it, IS a very good dealer. His general understanding of the ancient coin market is almost as good as anyone's. However, there are a few dealers who's opinion carries more weight, (David Sear, Harlan Berk, etc). </p><p><br /></p><p>However, within a specialty I would not say they are nearly as good as specialists. I know someone who probably is the world's authority of Thasos coinage. I would trust his opinion over David Sear on the subject. Same is true of every subspecialty. Every area has people MUCH more authoritative than a generalist. Its just nature. No one can know everything anymore, and a specialist should always know much more than a generalist.</p><p><br /></p><p>So, by definition, one person being relied on for all general coins of a country is going to be a flawed model. If they had 6 or 8 specialists who were responsible for their area, that would be a definite improvement. </p><p><br /></p><p>I still don't like even more money being drained from the hobby. What is next, a "certified plastic overlay guaranteeing the CAC sticker is authentic", and take even more money out of coin collecting? At a certain point, when are we not "mint with mint tags, certified beanie babies"? Heck with that, I am staying in my sandbox where I can handle my coins, feel the connection with history, and laughing at everyone playing with plastic.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3585334, member: 26302"]I liken the situation to the NGC ancient slabbing. David Vagi, who designed the program and runs it, IS a very good dealer. His general understanding of the ancient coin market is almost as good as anyone's. However, there are a few dealers who's opinion carries more weight, (David Sear, Harlan Berk, etc). However, within a specialty I would not say they are nearly as good as specialists. I know someone who probably is the world's authority of Thasos coinage. I would trust his opinion over David Sear on the subject. Same is true of every subspecialty. Every area has people MUCH more authoritative than a generalist. Its just nature. No one can know everything anymore, and a specialist should always know much more than a generalist. So, by definition, one person being relied on for all general coins of a country is going to be a flawed model. If they had 6 or 8 specialists who were responsible for their area, that would be a definite improvement. I still don't like even more money being drained from the hobby. What is next, a "certified plastic overlay guaranteeing the CAC sticker is authentic", and take even more money out of coin collecting? At a certain point, when are we not "mint with mint tags, certified beanie babies"? Heck with that, I am staying in my sandbox where I can handle my coins, feel the connection with history, and laughing at everyone playing with plastic.[/QUOTE]
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An example of "grade-flation" lowering specific grade market values
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