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Message:: [QUOTE="World Colonial, post: 2405613, member: 78153"]Good post. I agree that TPGs serve some purpose.  It has improved liquidity which makes it easier to buy and sell which I otherwise would not have been able to do as easily since I almost never do so in person. On the grading differences and price spreads, I don't believe it is just one point increments and it isn't just on the higher grades.  One post below yours mentions its only or predominantly true on a 65 or 66 and above.  Its a matter of opinion of course but I think it applies to much lower grades.  Additionally, what makes this pricing structure for US coins even more ridiculous is that differences in MS grades are less noticeable than in (higher) circulated ones.  The difference in (supposed) quality is frequently completely disproportionate to the price spread. Then there is the price difference between "details" and "market acceptable" coins.  In many instances, there really isn't anything wrong with a "details" coin and in my series, many of them look better than numerically graded coins but if you buy it ungraded and don't get it in a numerical holder, you're likely to be "buried" in it.  I don't mind buying "details" coins if it looks decent, the price is "reasonable" and I know what I am buying.  However, I have declined to buy coins on occasion I otherwise wouldn't mind owning because the cumulative financial hit adds up.[/QUOTE]