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<p>[QUOTE="Lehigh96, post: 4941996, member: 15309"]What the heck are you talking about? Eye appeal is one of the 4 elements of market grading employed by every major TPG, so rainbow toning ABSOLUTELY CAN AFFECT THE GRADE OF A COIN. In your first sentence you say that rainbow toning doesn't increase value, then in your last sentence you say it is a natural process that only occurs on a small percentage of coins. Those two statements are contradictory; it is the rarity of rainbow toning that increases the value, simply supply & demand.</p><p><br /></p><p><br /></p><p><br /></p><p>WRONG! NGC & PCGS are grading companies that also provide price guides. Everyone in the numismatic world recognizes this and all price guides are based on grades, rarity, and demand. Value is a reflection of the marketplace and is based on supply and demand. You don't just get to omit demand from the equation and call it flawed by blowing it off as trendy/popular. Now you may not like or agree with the current market or price guides, but that doesn't entitle you to question of the ethics of sellers who use the tools provided to them by the current marketplace.</p><p><br /></p><p><br /></p><p><br /></p><p>You remind me of the old time poker players who only play premium starting hands and insist that their obsolete views are still correct despite the fact that the poker world is dominated by young players who have embraced analytics and game theory. From the misinformation that you have spread in this thread, my conclusion is that you have been doing things the same way for the last 40 years, have failed to adapt to a changing marketplace, and are desperately holding on to your antiquated ways.</p><p><br /></p><p>And are you claiming that one can't have honesty & integrity if personal gain is involved? The coin market is just like a every other, you buy low and sell high and the entire purpose for a coin dealer is to make money or personal gain. As long as the dealer is not misrepresenting the authenticity or condition of his wares, he is able to set any price he wants without jeopardizing his honesty & integrity. If the price is too high, the predictable result will be that nobody will buy his coin, there is nothing unethical about it.</p><p><br /></p><p>If you continue to post misinformation on this forum, I promise you I will be here to correct you, and ensure that the readers of this forum aren't duped by your ignorance.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 4941996, member: 15309"]What the heck are you talking about? Eye appeal is one of the 4 elements of market grading employed by every major TPG, so rainbow toning ABSOLUTELY CAN AFFECT THE GRADE OF A COIN. In your first sentence you say that rainbow toning doesn't increase value, then in your last sentence you say it is a natural process that only occurs on a small percentage of coins. Those two statements are contradictory; it is the rarity of rainbow toning that increases the value, simply supply & demand. WRONG! NGC & PCGS are grading companies that also provide price guides. Everyone in the numismatic world recognizes this and all price guides are based on grades, rarity, and demand. Value is a reflection of the marketplace and is based on supply and demand. You don't just get to omit demand from the equation and call it flawed by blowing it off as trendy/popular. Now you may not like or agree with the current market or price guides, but that doesn't entitle you to question of the ethics of sellers who use the tools provided to them by the current marketplace. You remind me of the old time poker players who only play premium starting hands and insist that their obsolete views are still correct despite the fact that the poker world is dominated by young players who have embraced analytics and game theory. From the misinformation that you have spread in this thread, my conclusion is that you have been doing things the same way for the last 40 years, have failed to adapt to a changing marketplace, and are desperately holding on to your antiquated ways. And are you claiming that one can't have honesty & integrity if personal gain is involved? The coin market is just like a every other, you buy low and sell high and the entire purpose for a coin dealer is to make money or personal gain. As long as the dealer is not misrepresenting the authenticity or condition of his wares, he is able to set any price he wants without jeopardizing his honesty & integrity. If the price is too high, the predictable result will be that nobody will buy his coin, there is nothing unethical about it. If you continue to post misinformation on this forum, I promise you I will be here to correct you, and ensure that the readers of this forum aren't duped by your ignorance.[/QUOTE]
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