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<p>[QUOTE="Lehigh96, post: 2121293, member: 15309"]I wasn't "duped" on the Appalachians, I went into it with my eyes wide open. In fact, a very prominent member of both Cointalk, the NGC forum, and the PCGS forum reached out to me via PM on the NGC board to warn me about the history and questionable nature of the toning on the Appalachian Hoard. This was my response to him in 2008:</p><p><br /></p><p><br /></p><p><br /></p><p>As you can see, I knew they had questionable toning and knew that their liquidity and value was tied to the plastic in which they reside.</p><p><br /></p><p><br /></p><p>You already know the answer to your question. The money makes it matter. If toned coins didn't drive price premiums, it wouldn't matter. But they do, and in some instances, the premium can be many multiples of the established price guide (you know that as well). Furthermore, it isn't just about one coin. It is about the stability of the marketplace. People pay extra for coins with pretty toning because they have faith that the TPGs can successfully and consistently weed out coins with questionable toning. Personally, I think they do an excellent job of exactly that. Some strays make their way into holders and get a few people in an uproar but it hasn't undermined the underlying confidence of the consumer. The OP and others have claimed that replicating market acceptable toning is an easy endeavor and happens routinely. If that were the case, the populations would skyrocket, the confidence would be lost, and the toned market would collapse. Therefore, anyone who is invested in the toned coin market must in their own financial self interest take a position against artificially toned coins.</p><p><br /></p><p>For my own personal collecting tastes, AT doesn't really matter so long as I can ensure the liquidity of my investment. TPG plastic gives me that liquidity. That said, I have purchased cheap raw AT coins in the past simply because I thought they were pretty and I wanted to study them. The blue 1949-D Jefferson Nickel that I put on the AT of my toning scale resides in my personal album collection. Why? Cause it is my collection, I can put anything I want in there.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2121293, member: 15309"]I wasn't "duped" on the Appalachians, I went into it with my eyes wide open. In fact, a very prominent member of both Cointalk, the NGC forum, and the PCGS forum reached out to me via PM on the NGC board to warn me about the history and questionable nature of the toning on the Appalachian Hoard. This was my response to him in 2008: As you can see, I knew they had questionable toning and knew that their liquidity and value was tied to the plastic in which they reside. You already know the answer to your question. The money makes it matter. If toned coins didn't drive price premiums, it wouldn't matter. But they do, and in some instances, the premium can be many multiples of the established price guide (you know that as well). Furthermore, it isn't just about one coin. It is about the stability of the marketplace. People pay extra for coins with pretty toning because they have faith that the TPGs can successfully and consistently weed out coins with questionable toning. Personally, I think they do an excellent job of exactly that. Some strays make their way into holders and get a few people in an uproar but it hasn't undermined the underlying confidence of the consumer. The OP and others have claimed that replicating market acceptable toning is an easy endeavor and happens routinely. If that were the case, the populations would skyrocket, the confidence would be lost, and the toned market would collapse. Therefore, anyone who is invested in the toned coin market must in their own financial self interest take a position against artificially toned coins. For my own personal collecting tastes, AT doesn't really matter so long as I can ensure the liquidity of my investment. TPG plastic gives me that liquidity. That said, I have purchased cheap raw AT coins in the past simply because I thought they were pretty and I wanted to study them. The blue 1949-D Jefferson Nickel that I put on the AT of my toning scale resides in my personal album collection. Why? Cause it is my collection, I can put anything I want in there.[/QUOTE]
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