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Message:: [QUOTE="johnmilton, post: 3653279, member: 101855"]If I thought that PCGS and NGC were that bad, I would not have the collection that I have. But if you naively think that you can buy a huge percentage of the coins in your collection based upon the grades on the holder, you are wearing blinders. I’ve known a couple of dealers who didn’t really know how to grade, who thought they could buy their inventory based on the Grey or Blue Sheets and the grading numbers on the holders. They didn’t last very long. There’s lots of sup-par stuff out there in holders. Some of it is properly graded, but lacks eye appeal. Some of it is over graded. At lot of it ends up going to people who don’t know they have been blindsided until it comes time to sell. A lot of the really good material is in "strong hands" which why it's so hard to buy good coins these days. One of the worst things you can do is get involved with these “collector clubs” you see advertised in the magazines. For X dollars a month, you get certified coins for “half of retail.” When you get is the junk the dealers couldn’t sell elsewhere. Certification is good for authenticity, which is fundamentally important. It’s good for avoiding the worst problem coins. But you think you are protected by the certification grading claims, I’d suggest that you need to rethink your position.[/QUOTE]