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Dwight Manley Warns of “Frighteningly Deceptive Counterfeit”
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<p>[QUOTE="jackhd, post: 2276878, member: 73897"]I certainly haven't deliberately avoided slabbed coins. My meager collections don't include many coins worthy of submitting for cert. I wish that were not the case. I think a registry set of any popular series is about as cool as it gets. I was looking at some registry sets of (UK) Maundy Money yesterday. Something I can only dream about. </p><p><br /></p><p>The thing about cert coins is that you not only get the fun of collecting, you also nail down a professionally accepted (mostly) grade for your treasures, and thereby establish a baseline point of value. That sets your coin in an altogether different category other than simply "collectible." Once certified, it becomes a recognized investment. There are many reasons for TPG services. The fact that thieves are working round the clock to try to duplicate certified coins and holders testifies to their value. </p><p><br /></p><p>There have been, and always will be thieves. Our best defense is not to turn our backs away from certified coins. Many enjoy the benefits that come with Third Party Grading. We're not going to give that up. Instead, we need to double back on our own education and knowledge and arm ourselves to be our own best, first line of defense. If anything, these types of "scares" have taught us that no one should simply "buy the plastic." Those who do are placing themselves at risk. Just my humble opinion. Jack[/QUOTE]</p><p><br /></p>
[QUOTE="jackhd, post: 2276878, member: 73897"]I certainly haven't deliberately avoided slabbed coins. My meager collections don't include many coins worthy of submitting for cert. I wish that were not the case. I think a registry set of any popular series is about as cool as it gets. I was looking at some registry sets of (UK) Maundy Money yesterday. Something I can only dream about. The thing about cert coins is that you not only get the fun of collecting, you also nail down a professionally accepted (mostly) grade for your treasures, and thereby establish a baseline point of value. That sets your coin in an altogether different category other than simply "collectible." Once certified, it becomes a recognized investment. There are many reasons for TPG services. The fact that thieves are working round the clock to try to duplicate certified coins and holders testifies to their value. There have been, and always will be thieves. Our best defense is not to turn our backs away from certified coins. Many enjoy the benefits that come with Third Party Grading. We're not going to give that up. Instead, we need to double back on our own education and knowledge and arm ourselves to be our own best, first line of defense. If anything, these types of "scares" have taught us that no one should simply "buy the plastic." Those who do are placing themselves at risk. Just my humble opinion. Jack[/QUOTE]
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Dwight Manley Warns of “Frighteningly Deceptive Counterfeit”
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