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Another coin grading question.
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<p>[QUOTE="GDJMSP, post: 1041115, member: 112"]Probably the most over-looked reason for someone to use a lower tier TPG is because the people using them have no idea that there even is such a thing as a lower tier TPG. They mistakenly think that all TPGs are equal and that they all use the same set of grading standards. These folks also buy the coins in these slabs for the same reason. They really believe they are getting a deal !</p><p><br /></p><p>You have got to remember, there are only 30,000 or so ANA members. Only 150,000 or so subscribers to Coin World and other coin mags. Only 30-40,000 members of the various coin forums. </p><p><br /></p><p>Now consider how many coin collectors there are. Depending on who you ask you'll get numbers anywhere from 1.5 million to 3 million. And no I'm not counting those who grab up SQ's and the like. But anyway - out of say 3 million collectors only maybe, repeat maybe, 200,000 of them have any idea that there is any difference between the various TPGs. In their eyes any one of them is as good as all the rest. That's why they use them and why they buy coins in those slabs.</p><p><br /></p><p>Yes, the other reasons mentioned are also valid. But it is my belief that what I have said is the most common reason by far.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1041115, member: 112"]Probably the most over-looked reason for someone to use a lower tier TPG is because the people using them have no idea that there even is such a thing as a lower tier TPG. They mistakenly think that all TPGs are equal and that they all use the same set of grading standards. These folks also buy the coins in these slabs for the same reason. They really believe they are getting a deal ! You have got to remember, there are only 30,000 or so ANA members. Only 150,000 or so subscribers to Coin World and other coin mags. Only 30-40,000 members of the various coin forums. Now consider how many coin collectors there are. Depending on who you ask you'll get numbers anywhere from 1.5 million to 3 million. And no I'm not counting those who grab up SQ's and the like. But anyway - out of say 3 million collectors only maybe, repeat maybe, 200,000 of them have any idea that there is any difference between the various TPGs. In their eyes any one of them is as good as all the rest. That's why they use them and why they buy coins in those slabs. Yes, the other reasons mentioned are also valid. But it is my belief that what I have said is the most common reason by far.[/QUOTE]
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Another coin grading question.
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