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<p>[QUOTE="Whizb4ng, post: 2307802, member: 54140"]There is no evidence that Great Collections did the cleaning nor can we conclude that they set the price. Consigners to Great Collections have the option to set the price or have the auction house set the price. For all we know the consigner is setting the price obscenely high. They even have the option to start all coins at 1 dollar. If a person is willing to pay to continually list an item that will never sell at the price they set why not let them? You may advise them that a better price will sell the coin but many will not take that advice.</p><p><br /></p><p>The same goes for NGC. If someone is willing to pay the slabbing fee and it fits the criteria to be slabbed such as believed to be authentic, etc. Why not toss it in a slab and give it a grade? In many ways they are just doing their job! We may not agree with the grades but that seems to be par for the course whenever I venture into the modern side of the forum.</p><p><br /></p><p>But then again I wouldn't mind if Ancient coin collectors avoid Great Collections since I could potentially find a diamond in the rough like TIF.[/QUOTE]</p><p><br /></p>
[QUOTE="Whizb4ng, post: 2307802, member: 54140"]There is no evidence that Great Collections did the cleaning nor can we conclude that they set the price. Consigners to Great Collections have the option to set the price or have the auction house set the price. For all we know the consigner is setting the price obscenely high. They even have the option to start all coins at 1 dollar. If a person is willing to pay to continually list an item that will never sell at the price they set why not let them? You may advise them that a better price will sell the coin but many will not take that advice. The same goes for NGC. If someone is willing to pay the slabbing fee and it fits the criteria to be slabbed such as believed to be authentic, etc. Why not toss it in a slab and give it a grade? In many ways they are just doing their job! We may not agree with the grades but that seems to be par for the course whenever I venture into the modern side of the forum. But then again I wouldn't mind if Ancient coin collectors avoid Great Collections since I could potentially find a diamond in the rough like TIF.[/QUOTE]
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