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<p>[QUOTE="Tyler, post: 1238803, member: 32319"]How about purchasing slabbed coins you know the resale value of and can see the past history of rising prices on the same slabbed coin? He got ripped off because he listened to the dealer. He should have opened an internet browser and searched the coin he was actually purchasing. The problem here is not graded coins, it is trusting dealers. Just like in any business, people try to take advantage of others. Buying a slabbed coin is actually a smart investment because you know what you are getting. You can look at past auction prices and sales of almost the exact same coin you purchased! A slabbed coin will be authentic, graded, and protected. If you feel it is safer to buy a gold piece out of a slab, then go for it! Many of us aren't bullion collectors, we are numismatic collectors. We look for quality and rarity. The main idea is just be smart and do your research before you purchase a coin with high value.[/QUOTE]</p><p><br /></p>
[QUOTE="Tyler, post: 1238803, member: 32319"]How about purchasing slabbed coins you know the resale value of and can see the past history of rising prices on the same slabbed coin? He got ripped off because he listened to the dealer. He should have opened an internet browser and searched the coin he was actually purchasing. The problem here is not graded coins, it is trusting dealers. Just like in any business, people try to take advantage of others. Buying a slabbed coin is actually a smart investment because you know what you are getting. You can look at past auction prices and sales of almost the exact same coin you purchased! A slabbed coin will be authentic, graded, and protected. If you feel it is safer to buy a gold piece out of a slab, then go for it! Many of us aren't bullion collectors, we are numismatic collectors. We look for quality and rarity. The main idea is just be smart and do your research before you purchase a coin with high value.[/QUOTE]
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