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<p>[QUOTE=&quot;The_Cave_Troll, post: 223584, member: 1674&quot;]No,&nbsp; The 2 you mention have been good for the hobby.&nbsp; </p><p><br /></p><p>I am too young to have been involved in numismatics prior to the advent of the top tier tpg&#039;s, but I shudder when I think about all the coins I see in my present position every day that are in mylar flips with paper inserts from firms that are respected in the industry and have inflated grades on those flips, grades that those coins will never achieve at any reputable grading firm.&nbsp; </p><p><br /></p><p>Prior to the mid-eighties every dealer in the country had the aility to overgrade his inventory and until the buyer tried to sell the coin there was no grading entity to corroborate or disagree with his opinion and collectors were left with the option of becoming grading experts or risking being seriously taken on every coin they bought.&nbsp; </p><p><br /></p><p>Largely the reputable grading services eliminate this problem.&nbsp; Sure there are overgraded coins in slabs, but if you have an overgraded PCGS coin you stand to lose much less when you resell it than if you bought it raw and overgraded.</p><p><br /></p><p>BTW, my comments intentionally disregard ultra high graded moderns.&nbsp; They are a time bomb that is going to destroy a large number of &quot;investors&quot; when they inevitably crash.&nbsp; My comments are made in regards to classic US coins only (pre-WWII coins).[/QUOTE]</p><p><br /></p>

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