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<p>[QUOTE=&quot;bzcollektor, post: 236344, member: 3241&quot;]&#039;No, we should not continue to buy slabs, nor should be ever have bought them!</p><p><br /></p><p>If we (all of us that is) return to the concept of buying coins, not slabs - which means looking through the slab to the coin, and determining for ourselves what it&#039;s proper grade is - we won&#039;t get ripped off by self-slabbers, and we won&#039;t overpay for coins slabbed by the so-called &quot;big four&quot;.</p><p><br /></p><p>&nbsp;&nbsp; I have several answers to several of you`s (your) comments. I will start off with Sak....</p><p><br /></p><p>&nbsp;&nbsp; Some of us buy and sell in the course of our collecting addiction. Ebay, and the online community has put the average collector at a parity with the Storefront local dealers and&nbsp; Coin World advertisers. In a way that was not imagined only 5 or so years ago. We can now compete online with the dealers and buy at market prices. We can also sell desirable coins at the full market price online.</p><p><br /></p><p>&nbsp;&nbsp; I agree that the grading of modern US mint issues is a marketing hype. 99 % plus are MS69 and PF69 as recieved from the mint. Period. A PCGS or NGC label&nbsp; is superfluous. A PF70 or MS70 is absurd compared to a PF69 or MS69.</p><p><br /></p><p>&nbsp;&nbsp; On the other hand, as a buyer and seller in the online world, TPG grading plays a big part in older more expensive 19th and 20th Century coins. </p><p><br /></p><p>&nbsp;&nbsp; The difference prices for a certified Morgan dollar from a grade of MS 63 to MS 65 can amount to several thousands of dollars. Some Morgans can be found fairly cheap in AU Grades, but have nutso prices for the very few known MS examples.</p><p><br /></p><p>&nbsp;&nbsp; As we all cannot attend the major coin shows to see these coins in person, the TPG majors provide a way for most of us to buy and sell with some expectation of reasonable grading.</p><p><br /></p><p>&nbsp;&nbsp; We all have stories of under and overgrading by the majors. I have a major Morgan, big coin as MS63 that is&nbsp; barely MS61. (PCGS) . I also have a bigger Morgan as PL62 that is PL64. So what. I knew what I was buying when I bought them. Online. Bid accordingly.</p><p><br /></p><p>&nbsp;&nbsp; Grading is an aspect of collecting bigger $ coins that we need. If you have enough experience with the coins you are collecting, you can grade for yourself. Take your expertise into account when you buy graded coins online or in person.[/QUOTE]</p><p><br /></p>

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