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<p>[QUOTE=&quot;Insider, post: 2852888, member: 24314&quot;]Paddy54, posted: &quot;I am not a dealer ....I&#039;m a collector, that said I&#039;m not concerned with the liquidity of a coin. I am only concerned with the coin grade , and how it fits in my collection.&quot;</p><p><br /></p><p>Well said!&nbsp; That&#039;s the way it always was (until 1971).&nbsp; Collecting was much more fun. <span style="color: rgb(255, 0, 0)"> A counterfeit coin filled the hole just as well as a genuine coin!&nbsp; The collector was happy</span>.&nbsp; Then around 1977 the INS Authentication Bureau began grading coins (followed by ANACS a few months later after the ANA Grading Guide was published).</p><p><br /></p><p>Oh my, talk about stirring up the coin dealers.&nbsp; When they had enough of conservative grading, they formed PCGS to grade coins a little differently.&nbsp; While very strict at first, eye appeal and market factors caused a slide to liberal standards that continues today.&nbsp; </p><p><br /></p><p>Thankfully, the pesky grading services and their apparent watch dog CAC don&#039;t affect expert collectors who don&#039;t need them and continue to collect as they wish.&nbsp; After all Paddy, <b>that is exactly what collecting is all about - personal choices.</b>&nbsp; Who cares if $100 spent today becomes $85 or $400 ten years later.&nbsp; When you are no longer around, your collection will take care of itself.&nbsp; Stick to your guns.</p><p><br /></p><p>ToughCOINS, posted: &quot;Sorry folks, but I agree with [USER=19250]@Paddy54[/USER] on this one . . .&quot;</p><p><br /></p><p><br /></p><p>I&#039;ll guarantee 99.8% of the other coin dealers in the country do too! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" />That&#039;s because an &quot;expert&quot; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /> collector is their best customer. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>ToughCOINS continued: &quot;The last thing I want is for someone to show up at my table with a bad coin in a bad holder with a bad bean on it [<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" /> <span style="color: rgb(179, 0, 179)">Perhaps 4% of the millions slabbed?</span>), and call me an idiot or worse because I don&#039;t want it at any price.&quot;</p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> Or a raw coin that you don&#039;t want at any price EITHER.&nbsp; You dealers can afford to be very picky.&nbsp; Who hasn&#039;t heard this before: I don&#039;t need it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie104" alt=":yawn:" unselectable="on" unselectable="on" />, or You&#039;ll <b><span style="color: rgb(179, 0, 0)">NEED TO GET IT SLABBED.</span></b> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie30" alt=":bucktooth:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /></p><p><br /></p><p>ToughCOINS continued:&nbsp; &quot;I&#039;m generalizing, of course, but I feel that CAC beans add liquidity in the marketplace only because there are lazy buyers who refuse to do their homework.&nbsp; Without those individuals to sell to, we would have a much more educated marketplace, and derive no benefit from the beans at all. Instead, we lean on 3rd party grading and beans like crutches, and become lazier by the year . . . nope, I&#039;m not going there.&quot;</p><p><br /></p><p>From my perspective, nothing has change since the 1970&#039;s.&nbsp; There are still ignorant dealers and collectors who would be in the poorhouse or out of the hobby without the TPGS &quot;crutch.&quot;&nbsp; Use it or not, <b>It&#039;s always been a personal choice</b>. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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