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<p>[QUOTE="Mikey S, post: 3317994, member: 100821"]Well, here’s my 2 cents....</p><p>I have been an avid coin collector for many years and buy my modern coins from the Mint. I recently by accident caught a Coin Collector program on one of the cable channels early one Sunday morning and was appalled at what I saw.</p><p>I believe the grading companies and coin marketers are ruining the hobby by creating artificial rarities with certified coins with ridiculous labels to improve their bottom lines. There is no difference in a coin simply because it is sold in a different package or purchased at a different time of year. Those that pay exorbitant premiums for Early Release, From Anniversary Sets, etc. will be in for a rude awakening if/when they ever try to resell because buyers will ultimately say that they are all the same, given the same grade, and offer on premium.</p><p>What is really sad is that I would guess that most of these coins sold on TV are purchased not by coin collectors, but by relatives as gifts for children, grandchildren, nephews, etc. who are being duped big time. What a great way to bring in new collectors to the hobby!![/QUOTE]</p><p><br /></p>
[QUOTE="Mikey S, post: 3317994, member: 100821"]Well, here’s my 2 cents.... I have been an avid coin collector for many years and buy my modern coins from the Mint. I recently by accident caught a Coin Collector program on one of the cable channels early one Sunday morning and was appalled at what I saw. I believe the grading companies and coin marketers are ruining the hobby by creating artificial rarities with certified coins with ridiculous labels to improve their bottom lines. There is no difference in a coin simply because it is sold in a different package or purchased at a different time of year. Those that pay exorbitant premiums for Early Release, From Anniversary Sets, etc. will be in for a rude awakening if/when they ever try to resell because buyers will ultimately say that they are all the same, given the same grade, and offer on premium. What is really sad is that I would guess that most of these coins sold on TV are purchased not by coin collectors, but by relatives as gifts for children, grandchildren, nephews, etc. who are being duped big time. What a great way to bring in new collectors to the hobby!![/QUOTE]
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