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<p>[QUOTE=&quot;medoraman, post: 1375756, member: 26302&quot;]I have been following this interesting thread. To me, (for dicslosure, bachelor degree, MBA, and taught MBA classes), education is important to know about an employee to see what background they have and skills they should have. Its also important to ensure that someone is capable of interpreting things. An example would be if you want to ask someone what it means if you hear the risk premium on long bonds are spreading, or what it means if you hear the earths average temperature raised .3 degrees in the last decade. Its not that others are incapable of learning the true meanings of such things, its just you would assume someone with a degree in that field truly comprehends the meaning. That is the point in human history I see ourselves today. We are deluged with data, but we are short of people who can truly interpret the data correctly. A simpler example would be that your HDL test result comes back 76, what does that mean? Its data, but without a medical professional to interpret it for you its meaningless or misleading data.</p><p><br /></p><p>Having said that, I find the US coin field &quot;uneducatable&quot;, meaning there is no college degree that will enable a person to say, &quot;I am a coin business expert&quot;. Therefor, I am not sure this debate really applies to US coins. Now, for ancients, I would listen to a dealer with a degree in ancient studies or art history if they told me the importance of a design, or its importance within art history. Short of that, coin dealing is old fashioned buy, sell, trade, and how a dealer performs is indicative of his character, something no education can give someone.</p><p><br /></p><p>Sorry for the long winded post. I do wish Owle that its as simple as asking for a diploma, but I think we are stuck with dealing with reputations and learning on our own what character each dealer has.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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