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<p>[QUOTE="metlog, post: 269454, member: 9888"]<b>Ramblin' on</b></p><p><br /></p><p>Well as I read the threads in this forum it seems we still have a lot of overpriced,overgraded, etc,etc., etc. out there. Authntication services were there through anacs before slabbing became a <u>buisiness.</u> So you've outed me;I've been around awhile. As for pcgs and ngc having saved the hobby.... oh please! But they have done this;most better coins are identified on a more individual basis, which isn't bad. But the junk and problem coins will keep ciculating as they always have! Let me reiterate about my <b>mint packaged commemerative Coin: </b>(I use this as a contemporary example only) It has become standard practice by dealers to offer low prices even when coins are noteably high grade, then slab them and realize hundreds,even thousands of per cent profit.(give me $50-$60 for my Jackie Robinson proof, slab it and sell for $5000) Now explain the fairness,ethiics or honesty in this transaction.(Isn't it a rare modern proof that isn't 69-70?) This has been the norm almost from day one of the slabbing buisness; bring in your raw coins Take low bid,we'll take care of the rest. Well I've never sold my gems that way, but talking to a lot of collectors over the years,for a lot of different reasons many have sold their coins this way. - To CoinGal07- No, I did not ask you a personal question, but yes I believe in the golden rule,yes I have returned the wallet full of money,yes I have made deals with other collectors to purchase based on the anacs grade,Yes I have told dealers when they have badly mismarked items,and no I don't have to live of the misfortunes or mistakes of others! And so you don't misunderstand, I do know dealers who believe the same things and when you find them cherish them!!!!! O yeah' the main question: I doubt that slabbed coins will ever "go away";too many people find them useful for myriad purposes. I see them as another tool to be used <u>carefully</u> in the putting together of a coin collection.[/QUOTE]</p><p><br /></p>
[QUOTE="metlog, post: 269454, member: 9888"][b]Ramblin' on[/b] Well as I read the threads in this forum it seems we still have a lot of overpriced,overgraded, etc,etc., etc. out there. Authntication services were there through anacs before slabbing became a [U]buisiness.[/U] So you've outed me;I've been around awhile. As for pcgs and ngc having saved the hobby.... oh please! But they have done this;most better coins are identified on a more individual basis, which isn't bad. But the junk and problem coins will keep ciculating as they always have! Let me reiterate about my [B]mint packaged commemerative Coin: [/B](I use this as a contemporary example only) It has become standard practice by dealers to offer low prices even when coins are noteably high grade, then slab them and realize hundreds,even thousands of per cent profit.(give me $50-$60 for my Jackie Robinson proof, slab it and sell for $5000) Now explain the fairness,ethiics or honesty in this transaction.(Isn't it a rare modern proof that isn't 69-70?) This has been the norm almost from day one of the slabbing buisness; bring in your raw coins Take low bid,we'll take care of the rest. Well I've never sold my gems that way, but talking to a lot of collectors over the years,for a lot of different reasons many have sold their coins this way. - To CoinGal07- No, I did not ask you a personal question, but yes I believe in the golden rule,yes I have returned the wallet full of money,yes I have made deals with other collectors to purchase based on the anacs grade,Yes I have told dealers when they have badly mismarked items,and no I don't have to live of the misfortunes or mistakes of others! And so you don't misunderstand, I do know dealers who believe the same things and when you find them cherish them!!!!! O yeah' the main question: I doubt that slabbed coins will ever "go away";too many people find them useful for myriad purposes. I see them as another tool to be used [U]carefully[/U] in the putting together of a coin collection.[/QUOTE]
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Graded coins - when will the market crash?
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