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<p>[QUOTE="huntsman53, post: 177013, member: 1242"]TPG's have helped as well as hurt the hobby! Although they were a significant factor in bringing the fun and trust back into the hobby by authenticating coins...thus weeding out many of the counterfeits that have circulated through the hands of many Dealers and Collectors for umpteen years, they at the same time, lost focus and have done a great disservice by overgrading. While the authentication of coins has restored much of the trust, the overgrading of coins which highly inflates their' actual value has harmed many Collectors and has begun to return distrust to the hobby. We all hear nightmare stories about someone purchasing a coin that was graded MS-?? for thousands of dollars, only to find out that the coin's grade (condition) is actually two grades lower then what is on the slab and worth hundreds or thousands of dollars less than what they paid for it.</p><p><br /></p><p>There is a lot of discussion within the hobby, to force the TPG's to stick to authentication and attribution and leave the grading up to the Coin Dealers and the Buyers (Collectors)! Yes, even this concept can do harm as new and unknowledgeable Coin Collectors go out to purchase coins and have no idea on how to evaluate the grades! However, this will force the Coin Dealers to be more accountable for the price and grade that they sell the coin at, as they will not be able to pass the buck per say and lay the blame on the TPG that graded the coin or coins and at the same time force Coin Collectors to become educated and more knowledgeable about coin grading and the hobby overall.</p><p><br /></p><p>Another thing that the TPG's must work to accomplish and that is to come up with a completely tamper proof holder. Until then, many unscrupulous folks will continue to break out authenticated and graded coins from the slabs and replace them with counterfeit or lower grade coins.</p><p><br /></p><p>This is how I see it and IMHO!!!!!!!</p><p><br /></p><p><br /></p><p>The Other, Other Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 177013, member: 1242"]TPG's have helped as well as hurt the hobby! Although they were a significant factor in bringing the fun and trust back into the hobby by authenticating coins...thus weeding out many of the counterfeits that have circulated through the hands of many Dealers and Collectors for umpteen years, they at the same time, lost focus and have done a great disservice by overgrading. While the authentication of coins has restored much of the trust, the overgrading of coins which highly inflates their' actual value has harmed many Collectors and has begun to return distrust to the hobby. We all hear nightmare stories about someone purchasing a coin that was graded MS-?? for thousands of dollars, only to find out that the coin's grade (condition) is actually two grades lower then what is on the slab and worth hundreds or thousands of dollars less than what they paid for it. There is a lot of discussion within the hobby, to force the TPG's to stick to authentication and attribution and leave the grading up to the Coin Dealers and the Buyers (Collectors)! Yes, even this concept can do harm as new and unknowledgeable Coin Collectors go out to purchase coins and have no idea on how to evaluate the grades! However, this will force the Coin Dealers to be more accountable for the price and grade that they sell the coin at, as they will not be able to pass the buck per say and lay the blame on the TPG that graded the coin or coins and at the same time force Coin Collectors to become educated and more knowledgeable about coin grading and the hobby overall. Another thing that the TPG's must work to accomplish and that is to come up with a completely tamper proof holder. Until then, many unscrupulous folks will continue to break out authenticated and graded coins from the slabs and replace them with counterfeit or lower grade coins. This is how I see it and IMHO!!!!!!! The Other, Other Frank[/QUOTE]
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