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Message:: [QUOTE="LETSBUYCOINS, post: 65567, member: 2657"]SJNEBAY:  you say you will never buy a slabed coin?  I admit Im a little confused by the discussion of grade "DEflation."  I admit PCGS and NGC slabs might occasionaly be overgrades.  BUT as a whole, the hobby trusts the PCGS slabs and NGC slabs.  Those guys have seen a lot of coins over the past 20 years of being in business.  I dont attack your pessmism.  But I hold trust in those two slab companies.  On ebay you can trust only the slabbed coins.  THe coins on ebay you cant trust raw coins.  I have bought som raw Morgans on ebay.  The dealers at the shows graded those raw morgans much lower than what I bought them at.  Theres too may grades of mint.  Where the scratches are.  how big they are.  is it circulation? is it a weak strike?  The rules for grading are too general.  COIN GRADING IS TOO AMBIGUOUS. Dealers buy low, and jack up the grade to sell the coin at a hihg price. Lot of bullcrap in the hobby.   You buy a loose coin from one dealer, and another dealer contradicts the grade.  When a coin has been cleaned is very ambiguous.  I am saying things I posted on ths website two months ago.  I will buy PCGS slabs.  I will buy NGC slabs.  BUT I wont buy anybody else's slabs.  I will not buy a raw coin, if I can buy an PCGS or NGC slab.  Thats where MY comfort level is.[/QUOTE]