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Anyone here ever get a great deal in a lower tier company slab?
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<p>[QUOTE="GDJMSP, post: 166578, member: 112"]That's a pretty accurate statement.</p><p><br /></p><p><br /></p><p> </p><p><br /></p><p>Usually they do it themselves, most of them are a 1 or 2 man operation.</p><p><br /></p><p><br /></p><p><br /></p><p>Another accurate statement that applies to the majority of them. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Your comment - " full time professional grader " is the critical phrase. For the vast majority of these companies the people grading the coins are <u>absolutely</u> not professional graders. Most of them couldn't grade a 3rd grade spelling test lest alone a coin. They are people who have seen the opportunity to buy coin holders, print a label for it and sell it to the undeducated and gullible who have the mistaken belief that all coins in a slab are equal.</p><p><br /></p><p>Now, that being said, there are a few of these grading companies who at least try to be professionals and it is not their intention to blindly rob the public. The problem is, they are just not very good at what they do - grading coins. </p><p><br /></p><p>Being a coin grader is like any other industry or trade, there are good ones, bad ones, some that are so-so and then there are the best at what they do. What we refer to as the top tier grading companies employ the best. </p><p><br /></p><p>It is not some collusion or conspiracy of the big names and their supporters - it is the reports from individuals who have nothing to gain in any way shape or form that are trying to share their experience and knowledge with others. For decades I have watched inexperienced collectors ( I was once one of them ) be taken advantage of by people within the coin industry. And ya know what, I didn't like it when it happened to me. I like it even less when it happens to others. So I try to share what I know, what I have learned, the truth I have taken the time to seek out and confirm. And that is exactly what many others do, not just here on this coin forum, but on all of the coin forums. We all try to teach others to learn from the mistakes that we have made over the years so they too don't become unwilling and unknowing victims who blindly throw their money away and line the pockets of those waiting to take advanatge of the next uninformed collector.</p><p><br /></p><p>So you can either listen to people with experience, people who have been there and done it, or - you can believe what you wish to believe, that you're getting a great deal and that the people who are telling you otherwise have some agenda. That's your choice.</p><p><br /></p><p>Cloud, please realize I am not speaking to you personally, I am speaking to anyone and everyone who reads this.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 166578, member: 112"]That's a pretty accurate statement. Usually they do it themselves, most of them are a 1 or 2 man operation. Another accurate statement that applies to the majority of them. Your comment - " full time professional grader " is the critical phrase. For the vast majority of these companies the people grading the coins are [U]absolutely[/U] not professional graders. Most of them couldn't grade a 3rd grade spelling test lest alone a coin. They are people who have seen the opportunity to buy coin holders, print a label for it and sell it to the undeducated and gullible who have the mistaken belief that all coins in a slab are equal. Now, that being said, there are a few of these grading companies who at least try to be professionals and it is not their intention to blindly rob the public. The problem is, they are just not very good at what they do - grading coins. Being a coin grader is like any other industry or trade, there are good ones, bad ones, some that are so-so and then there are the best at what they do. What we refer to as the top tier grading companies employ the best. It is not some collusion or conspiracy of the big names and their supporters - it is the reports from individuals who have nothing to gain in any way shape or form that are trying to share their experience and knowledge with others. For decades I have watched inexperienced collectors ( I was once one of them ) be taken advantage of by people within the coin industry. And ya know what, I didn't like it when it happened to me. I like it even less when it happens to others. So I try to share what I know, what I have learned, the truth I have taken the time to seek out and confirm. And that is exactly what many others do, not just here on this coin forum, but on all of the coin forums. We all try to teach others to learn from the mistakes that we have made over the years so they too don't become unwilling and unknowing victims who blindly throw their money away and line the pockets of those waiting to take advanatge of the next uninformed collector. So you can either listen to people with experience, people who have been there and done it, or - you can believe what you wish to believe, that you're getting a great deal and that the people who are telling you otherwise have some agenda. That's your choice. Cloud, please realize I am not speaking to you personally, I am speaking to anyone and everyone who reads this.[/QUOTE]
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Anyone here ever get a great deal in a lower tier company slab?
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