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<p>[QUOTE="GDJMSP, post: 2685624, member: 112"]Yeah, "professionals" that grossly over-grade coins about 90% of the time in today's world. And "professionals" who can't even identify some counterfeits when they see them, like those discussed in this thread - </p><p><a href="https://www.cointalk.com/threads/counterfeiting-coins.192161/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/counterfeiting-coins.192161/">https://www.cointalk.com/threads/counterfeiting-coins.192161/</a></p><p><br /></p><p>And before you ask yes PCGS does the same exact thing, as does ANACS and ICG. All 4 of them routinely slab these counterfeits as genuine coins, and they have done so since they first opened for business.</p><p><br /></p><p>My point is these professionals aren't quite as professional as they make out. Granted, most of the time they can detect counterfeits, most of the time. But the gross over-grading - that's pervasive. </p><p><br /></p><p>I'll readily agree with you that raw coins have their own issues. Yes, you really need to know what you are doing if you buy raw coins. But you also really need to know what you are doing if you buy slabbed coins. Just because a coin is in a TPG slab doesn't mean you should blindly accept it as being graded correctly, or even that the coin is genuine sometimes.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2685624, member: 112"]Yeah, "professionals" that grossly over-grade coins about 90% of the time in today's world. And "professionals" who can't even identify some counterfeits when they see them, like those discussed in this thread - [url]https://www.cointalk.com/threads/counterfeiting-coins.192161/[/url] And before you ask yes PCGS does the same exact thing, as does ANACS and ICG. All 4 of them routinely slab these counterfeits as genuine coins, and they have done so since they first opened for business. My point is these professionals aren't quite as professional as they make out. Granted, most of the time they can detect counterfeits, most of the time. But the gross over-grading - that's pervasive. I'll readily agree with you that raw coins have their own issues. Yes, you really need to know what you are doing if you buy raw coins. But you also really need to know what you are doing if you buy slabbed coins. Just because a coin is in a TPG slab doesn't mean you should blindly accept it as being graded correctly, or even that the coin is genuine sometimes.[/QUOTE]
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