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Are the grading services ruining coin collecting?
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<p>[QUOTE="mikenoodle, post: 223608, member: 307"]But the coins that you disregard speak EXACTLY to my point!!! The problems created by the ultra high graded modern coins currently flooding the market cannot be good for the hobby. As for the top TPGs being good for the hobby, how about this? The special holders and designations put on the slabs by NGC IMHO give the illusion of rarity or collectability to coins that will never be more than common. First strike Eagles anyone? These things as well as the inevitable crash are exactly what I was speaking about. The classic coin collectors won't get ripped off mostly because people don't start with these series. Typically by the time one starts to collect these kind of coins they have acquired enough knowledge to avoid "rookie" mistakes. </p><p><br /></p><p>As well, kudos to Roy for "getting it" your analysis of what I said was spot on![/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 223608, member: 307"]But the coins that you disregard speak EXACTLY to my point!!! The problems created by the ultra high graded modern coins currently flooding the market cannot be good for the hobby. As for the top TPGs being good for the hobby, how about this? The special holders and designations put on the slabs by NGC IMHO give the illusion of rarity or collectability to coins that will never be more than common. First strike Eagles anyone? These things as well as the inevitable crash are exactly what I was speaking about. The classic coin collectors won't get ripped off mostly because people don't start with these series. Typically by the time one starts to collect these kind of coins they have acquired enough knowledge to avoid "rookie" mistakes. As well, kudos to Roy for "getting it" your analysis of what I said was spot on![/QUOTE]
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