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<p>[QUOTE=&quot;cladking, post: 8185143, member: 68&quot;]Indeed!&nbsp;&nbsp; No coin can be graded or visualized sight unseen using the current practice of pricing coins instead of grading them.&nbsp; And, yes, I believe this is detrimental to classic coins as well.&nbsp; But in the case of classics it does not hurt the markets themselves so much as it hurts the grading of coins.&nbsp; The services do a good job of pricing which probably means it helps these markets far more than it hurts them.&nbsp; it gives people with no expertise the ability to know about what the coins are worth encouraging them to buy coins creating more demand. </p><p><br /></p><p>I don&#039;t approve of the current system for classics either.&nbsp; If the services just came out and priced the coins while assigning them a complete grade it would still help the newbies and it would help established collectors to know exactly what they are buying. </p><p><br /></p><p>But with moderns it is highly detrimental to the markets themselves.&nbsp; Since few moderns are worth the cost of encapsulation everybody assumes they are not collectible at all due to being too common.&nbsp; If this weren&#039;t detrimental enough price guides like the Redbook list prices for moderns that are unrealistically low while pricing older coins unrealistically high.&nbsp; How can a newbie pay market price for a rare modern (if he can find it at all) when there are no collectors and the price guide suggests it is exceedingly common? </p><p><br /></p><p>I was the biggest champion of grading moderns back in 1996 and most unfortunately I got exactly what I asked for.&nbsp; It has been a very predictable travesty ever since with common moderns sold to the unknowing at high prices and the rarities going unnoticed and uncollected. </p><p><br /></p><p>Moderns will do OK in the long run whether grading is fixed or not because collectors always gravitate to rarity and quality in the long term but I had been hoping that they would become appreciated back long ago when it might have done me some good.&nbsp; Collectors are only now starting to notice something like a well made and pristine 1982 quarter is a rarity.&nbsp; Nevermind if Redbook calls it a $15 coin because you probably won&#039;t find one anyway even if you&#039;re willing to pay the real market price for a coin that is priced by a &quot;technical grade&quot; rather than the quality of its surfaces and the dies or by its strike.[/QUOTE]</p><p><br /></p>

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