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<p>[QUOTE="robp, post: 24867950, member: 96746"]Now that everyone is agreed with the TPGs' use of variable 'standards', is it too much to ask people to go that extra step and learn to grade properly? Sure it takes a bit of time, effort and mental exercise, but the benefits are huge, not least the ability to buy any coin, raw or slabbed based on objective reasoning, and not be constrained to a pool of third party opinions, which as the previous posts have shown is subjective and by extension arbitrary on many an occasion. </p><p><br /></p><p>The argument about overpaying for a coin (realistically because the coin dog is being wagged by the label tail) is mainly relevant if a quick turnaround is expected. Hold a coin for 10 or 20 years and inflation will likely have caught up with a previously overpriced/overgraded coin (whatever that means given the acknowledged subjectivity). If you are collecting for pleasure long term, buy what appeals. i.e. what's acceptable to you. If people stopped commoditising coins and treated them as objects of art, much of the above discussion would melt away. The only people who should be commoditising coins are the banks, who will give you 100 cents for a dollar note.[/QUOTE]</p><p><br /></p>
[QUOTE="robp, post: 24867950, member: 96746"]Now that everyone is agreed with the TPGs' use of variable 'standards', is it too much to ask people to go that extra step and learn to grade properly? Sure it takes a bit of time, effort and mental exercise, but the benefits are huge, not least the ability to buy any coin, raw or slabbed based on objective reasoning, and not be constrained to a pool of third party opinions, which as the previous posts have shown is subjective and by extension arbitrary on many an occasion. The argument about overpaying for a coin (realistically because the coin dog is being wagged by the label tail) is mainly relevant if a quick turnaround is expected. Hold a coin for 10 or 20 years and inflation will likely have caught up with a previously overpriced/overgraded coin (whatever that means given the acknowledged subjectivity). If you are collecting for pleasure long term, buy what appeals. i.e. what's acceptable to you. If people stopped commoditising coins and treated them as objects of art, much of the above discussion would melt away. The only people who should be commoditising coins are the banks, who will give you 100 cents for a dollar note.[/QUOTE]
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