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<p>[QUOTE=&quot;medoraman, post: 2012453, member: 26302&quot;]OP, why would you NOT believe there are simply tons of overgraded coins around? Think about it, let&#039;s assume, (lol), that TPG&#039;s are correct 90% of the time. 5% they overgrade, and 5% they undergrade. Well, who EVER cracks out an overgraded coin? No one, so that coin stays in that holder forever. The undergraded ones get cracked out and resubmitted. What about the &quot;correctly&quot; graded ones? Even those get cracked out by optimists hoping to upgrade, and if they do upgrade to too high a grade it stays there forever as well. Churn enough coins over an over and the only possible grade is either the correct one or an overgraded coin. I have said forever that for 99.8% of slabbed coins the grade on the slab is really the highest POSSIBLE grade for the coin, not the &quot;correct grade&quot;. </p><p><br /></p><p>So, knowing that, collectors have to know how to grade and only cherrypick out the coins that are fairly graded. How has this changed from the past? The answer is it hasn&#039;t, except the hobby now has millions drained from it every year in &quot;grading fees&quot;.&nbsp; Yes, there are problem coins that are not slabbed that collectors need to avoid, but there has always been them. The difference is in the past we told people to educate themselves, now everyone is lazy and just relies on TPG&#039;s to their detriment.</p><p><br /></p><p>Regarding the &quot;enjoy some problem/cleaned coins in the process that you can&#039;t detect&quot; post, while I know it was not directed at me do you really think collectors like me CAN&#039;T tell these things? I have been around AT coins for years, around problem coins for years. I have seen the tricks people can do to cover up things, and how to identify such things. I was brought up in this hobby that you have to actually get educated and learn. I will be the first to advocate using TPG&#039;s for items that have been counterfeited heavily. I would even use a TPG if I wanted to buy a 1909sVDB for some reason, or a 1916d dime. However, to say a large amount of collectors have to use a TPG because we are incapable of identifying a problem or cleaned coin is frankly insulting to the knowledge of this hobby.[/QUOTE]</p><p><br /></p>

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