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Have TPG'ers truly jumped the shark? (NN article)
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<p>[QUOTE="medoraman, post: 1004250, member: 26302"]To me, this is inevitable really, and the problem with relying on the TPG business model. They need to continuously have a reason to generate more submissions. At first is was only pre 65 coins, then moderns, then they started giving out 70's, now they are lowering the grading scale. What all of these actions have in common is to give a reason for increased submissions when submissions died down from the last change. With no one being responsible for grades, this cycle can continue endlessly as long as collectors give a darn about the TPG grade. I can see this lasting for a while, then the TPG'ers come out with a "purple label" tag that "is much more strict than our old tags, so therefor much more in demand and everyone should resubmit their coins and pay us again". After a while these grades will loosen up again, then 15 years from now we will be sold "Lavender labels" as more strict.</p><p><br /></p><p>Short of an authoritative body setting out standards, this is a joke like Doug says, and will continuously be churned to make money for the TPG'ers. Only way out is to simply ignore their grade and if you want to use them for authentication and trying to ensure the coin hasn't been doctored. This is why I don't play the "condition rarity" game, the playing field is moving too fast and stakes are too high for me to play there, and I really don't care that much abo9ut small differences I guess.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1004250, member: 26302"]To me, this is inevitable really, and the problem with relying on the TPG business model. They need to continuously have a reason to generate more submissions. At first is was only pre 65 coins, then moderns, then they started giving out 70's, now they are lowering the grading scale. What all of these actions have in common is to give a reason for increased submissions when submissions died down from the last change. With no one being responsible for grades, this cycle can continue endlessly as long as collectors give a darn about the TPG grade. I can see this lasting for a while, then the TPG'ers come out with a "purple label" tag that "is much more strict than our old tags, so therefor much more in demand and everyone should resubmit their coins and pay us again". After a while these grades will loosen up again, then 15 years from now we will be sold "Lavender labels" as more strict. Short of an authoritative body setting out standards, this is a joke like Doug says, and will continuously be churned to make money for the TPG'ers. Only way out is to simply ignore their grade and if you want to use them for authentication and trying to ensure the coin hasn't been doctored. This is why I don't play the "condition rarity" game, the playing field is moving too fast and stakes are too high for me to play there, and I really don't care that much abo9ut small differences I guess.[/QUOTE]
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Have TPG'ers truly jumped the shark? (NN article)
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