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Graded TPG Slabs vs Insurance Companies??
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<p>[QUOTE="Silver Striker, post: 115501, member: 1745"]I have a question regarding insurance and TPG.</p><p><br /></p><p>I have been reading a current e-Bay thread how grading is subjective and an opinion. With the likes of SGS out there over grading everything MS-70 and PR-70 especially on modern coins.</p><p><br /></p><p>The question??? Lets say a newbie collector has invested heavily in SGS highly overgraded coins and bought thinking he was getting in at bargain basement prices. The collector purchases insurance equal to the coin book pricing year after year and increasing the insured amount reflecting those prices year after year. Some 10 years later the collection is stolen and the collector has kept very detailed records including video's and scans of each individual coin.</p><p><br /></p><p>Do you think that the insurance company would be willing to shell out current pricing on SGS slabbed coins?[/QUOTE]</p><p><br /></p>
[QUOTE="Silver Striker, post: 115501, member: 1745"]I have a question regarding insurance and TPG. I have been reading a current e-Bay thread how grading is subjective and an opinion. With the likes of SGS out there over grading everything MS-70 and PR-70 especially on modern coins. The question??? Lets say a newbie collector has invested heavily in SGS highly overgraded coins and bought thinking he was getting in at bargain basement prices. The collector purchases insurance equal to the coin book pricing year after year and increasing the insured amount reflecting those prices year after year. Some 10 years later the collection is stolen and the collector has kept very detailed records including video's and scans of each individual coin. Do you think that the insurance company would be willing to shell out current pricing on SGS slabbed coins?[/QUOTE]
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