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Clearly Some people have too much money and not enough brains
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<p>[QUOTE="Drusus, post: 443924, member: 6370"]There is some validity to that IMO, certainly a guy who grades coins for a living is probably going see quite a few more coins and have more experience grading them to a certain set standard than your average collector. Then again...how many coins graded makes an expert...certainly, in my time I have had quite a few pass by my eyes and every one I grade relatively to a standard (albiet not as nitpicky as the difference between MS69 and MS70 because I do no subscribe to those standards) but I can recognize a coin that is FDC or VF like I would think most could.</p><p> </p><p>My main problem with TPGs is the effect it has on the market and prices and thus the Hobby itself...in the end...MS70 is NOT worth thousands more than MS69 in my opinion and never will be and its beyond me why someone would think this. The reliance of many on someone else to tell them a coin is good or not and the power that we have all seen this gives TPGs. Some people simply will not buy a coin unless its been slabbed. I fear a lot of people come to the hobby and find some subjective rules and guidelines and then follow them like they are sacred law with no deviation. In the end it doesnt matter to me how others approach the hobby, unless it effects prices I might have to pay and to be honest...in most cases, for every slabbed coin there are probably 500 other just as nice that arent and thats fine by me...[/QUOTE]</p><p><br /></p>
[QUOTE="Drusus, post: 443924, member: 6370"]There is some validity to that IMO, certainly a guy who grades coins for a living is probably going see quite a few more coins and have more experience grading them to a certain set standard than your average collector. Then again...how many coins graded makes an expert...certainly, in my time I have had quite a few pass by my eyes and every one I grade relatively to a standard (albiet not as nitpicky as the difference between MS69 and MS70 because I do no subscribe to those standards) but I can recognize a coin that is FDC or VF like I would think most could. My main problem with TPGs is the effect it has on the market and prices and thus the Hobby itself...in the end...MS70 is NOT worth thousands more than MS69 in my opinion and never will be and its beyond me why someone would think this. The reliance of many on someone else to tell them a coin is good or not and the power that we have all seen this gives TPGs. Some people simply will not buy a coin unless its been slabbed. I fear a lot of people come to the hobby and find some subjective rules and guidelines and then follow them like they are sacred law with no deviation. In the end it doesnt matter to me how others approach the hobby, unless it effects prices I might have to pay and to be honest...in most cases, for every slabbed coin there are probably 500 other just as nice that arent and thats fine by me...[/QUOTE]
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