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<p>[QUOTE="GDJMSP, post: 150679, member: 112"]To my thinking the reason is rather simple actually - money. All of these grading companies have seen with their own eyes a business model that works - place a coin in a plastic holder, call it whatever grade you like and somebody will buy it. And if you charge less than the big boys, then those who think they are being wise by saving a buck will submit the coins and even more money will roll into your coffers.</p><p><br /></p><p>Why bother to spend the money for knowledgeable staff and advertising - a professional grader is paid anywhere from $100,000 to over $250,000 per year. And advertising aint exactly cheap either. Then you need a place of business, office equipment, office staff, sonic sealing machines etc. Add all that up and it comes to quite a sizable hunk of cash. </p><p><br /></p><p>These folks find it a lot easier and cheaper to set up a table in the garage or basement, buy generic coin holders, slap a label on them and presto - they are a grading company.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 150679, member: 112"]To my thinking the reason is rather simple actually - money. All of these grading companies have seen with their own eyes a business model that works - place a coin in a plastic holder, call it whatever grade you like and somebody will buy it. And if you charge less than the big boys, then those who think they are being wise by saving a buck will submit the coins and even more money will roll into your coffers. Why bother to spend the money for knowledgeable staff and advertising - a professional grader is paid anywhere from $100,000 to over $250,000 per year. And advertising aint exactly cheap either. Then you need a place of business, office equipment, office staff, sonic sealing machines etc. Add all that up and it comes to quite a sizable hunk of cash. These folks find it a lot easier and cheaper to set up a table in the garage or basement, buy generic coin holders, slap a label on them and presto - they are a grading company.[/QUOTE]
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