Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
collector learns lesson
>
Reply to Thread
Message:
<p>[QUOTE="cwtokenman, post: 76445, member: 2100"]One point of logic could be as follows: Collector A has a potentially valuable coin he would like to get slabbed. Submits it, but it comes back in a body bag. Collector A decides to obtain a different example, so sells the first one to Collector B. Collector B, unaware of the prior submission, submits it again with same bodybag results. Collector B dies, Collector C purchases the coin from Collector B's widow and sends it off to a tpg......</p><p><br /></p><p>If it had been slabbed and noted with all pertenent info the first time, it likely would not have had the subsequent submissions. IMO, grade assignments by the tpgs are somewhat down the list of "value" of their services, especially with fluctuations of grading standards which even the tpgs have admitted to. Authentication IMO is the most valuable feature of their service, which is why I believe the tpgs should slab every submission. </p><p><br /></p><p>I believe there are a substantial number of collectors that would purchase a lightly (or perhaps even more severe) cleaned coin in a slab if they could be sure it was authentic (in a slab). I realize that cleaning causes damage and as a general rule should not be performed, but collectors did not shun cleaned coins near as much in the past before the tpgs. It was routine for many collectors to periodically "clean" their coins. Again, that example is just used to illustrate the lack of the a "stigma" in regards to cleaning in the past, not promoting cleaning by any means! Some series, such as Bust halves, would have very few examples residing in plastic if truly any coin that was ever cleaned was not eligible for slabbing. I even believe they should slab the submitted fakes and counterfeits, and note accordingly. Not only do some of those have substantial value, but if even a small portion of the fakes remained in the slabs, that would be fewer (raw) fakes out there with the potential to be passed off as authentic. I look at the submission situation as the submittor is paying for their full service/opinion, I think he should receive the full service and rendering of their opinion. </p><p><br /></p><p>Besides, if the coin is rare enough, valuable enough, possesses a good pedigre, or whatever the reason may have been, even the top tpgs have slabbed cleaned coins, and yes, even HARSHLY cleaned coins! If they will do this for some, why not for all?[/QUOTE]</p><p><br /></p>
[QUOTE="cwtokenman, post: 76445, member: 2100"]One point of logic could be as follows: Collector A has a potentially valuable coin he would like to get slabbed. Submits it, but it comes back in a body bag. Collector A decides to obtain a different example, so sells the first one to Collector B. Collector B, unaware of the prior submission, submits it again with same bodybag results. Collector B dies, Collector C purchases the coin from Collector B's widow and sends it off to a tpg...... If it had been slabbed and noted with all pertenent info the first time, it likely would not have had the subsequent submissions. IMO, grade assignments by the tpgs are somewhat down the list of "value" of their services, especially with fluctuations of grading standards which even the tpgs have admitted to. Authentication IMO is the most valuable feature of their service, which is why I believe the tpgs should slab every submission. I believe there are a substantial number of collectors that would purchase a lightly (or perhaps even more severe) cleaned coin in a slab if they could be sure it was authentic (in a slab). I realize that cleaning causes damage and as a general rule should not be performed, but collectors did not shun cleaned coins near as much in the past before the tpgs. It was routine for many collectors to periodically "clean" their coins. Again, that example is just used to illustrate the lack of the a "stigma" in regards to cleaning in the past, not promoting cleaning by any means! Some series, such as Bust halves, would have very few examples residing in plastic if truly any coin that was ever cleaned was not eligible for slabbing. I even believe they should slab the submitted fakes and counterfeits, and note accordingly. Not only do some of those have substantial value, but if even a small portion of the fakes remained in the slabs, that would be fewer (raw) fakes out there with the potential to be passed off as authentic. I look at the submission situation as the submittor is paying for their full service/opinion, I think he should receive the full service and rendering of their opinion. Besides, if the coin is rare enough, valuable enough, possesses a good pedigre, or whatever the reason may have been, even the top tpgs have slabbed cleaned coins, and yes, even HARSHLY cleaned coins! If they will do this for some, why not for all?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
collector learns lesson
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...