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<p>[QUOTE="National dealer, post: 6009, member: 487"]Well the majority of people selling on Ebay are not dealers. They are there selling whatever they can. There are many third grading services out there. Not all are good. There are a handful that consistently overgrade coins. Unfortunately, most collectors realize this after the fact. They rush into buying coins, when they should be buying books. If you take a stroll through the coins available on these auction sites, you will see that the majority of these coins are from lower grading services. The sellers are preying on the people who think that they can get good deals. They see some grading services' MS-65 coins selling for way below retail and think they are going to get rich quick. Then after purchasing these coins, they find that the four major services won't even grade the coin because it was cleaned or whizzed, or altered in some way, and now they own a coin that they will basically have to give away at a substantial loss. </p><p>Like any collectible market, knowledge is what separates most people. </p><p><br /></p><p>That is one reason that I joined this forum in particular. The people here are truly attempting to pass along useful information. Not for fame or fortune, but for the simple pleasure of helping others learn about this wonderful hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 6009, member: 487"]Well the majority of people selling on Ebay are not dealers. They are there selling whatever they can. There are many third grading services out there. Not all are good. There are a handful that consistently overgrade coins. Unfortunately, most collectors realize this after the fact. They rush into buying coins, when they should be buying books. If you take a stroll through the coins available on these auction sites, you will see that the majority of these coins are from lower grading services. The sellers are preying on the people who think that they can get good deals. They see some grading services' MS-65 coins selling for way below retail and think they are going to get rich quick. Then after purchasing these coins, they find that the four major services won't even grade the coin because it was cleaned or whizzed, or altered in some way, and now they own a coin that they will basically have to give away at a substantial loss. Like any collectible market, knowledge is what separates most people. That is one reason that I joined this forum in particular. The people here are truly attempting to pass along useful information. Not for fame or fortune, but for the simple pleasure of helping others learn about this wonderful hobby.[/QUOTE]
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