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<p>[QUOTE=&quot;tradernick, post: 2500102, member: 648&quot;]I agree that the TPG grading of modern coins is a complete racket.&nbsp; Here&#039;s my thoughts.&nbsp; Some coins should always be certified.&nbsp; 16-D mercs, 09-S VDB&#039;s, $3 gold, and many other coins are highly counterfeited or genuinely rare...or both.&nbsp; This is where tpg shines.&nbsp; I mean, can you imagine buying an 1804 dollar that&#039;s raw?&nbsp; Most people would shudder at the thought.&nbsp; So tpg has it&#039;s place in our hobby....it makes coins easy to sell and provides a safety net for collectors with less experience.&nbsp; </p><p>BUT....modern coins in slabs is a bad idea.&nbsp; Today in the shop I sold an MS70 NGC gold buffalo for the same price that I sell raw ones for.&nbsp; The ONLY people that certify gold eagles, buffalos, silver eagles, etc are the con men that sell overpriced crap on TV.&nbsp; Selling graded coins gives them credibility and it&#039;s easier to sell coins at exorbitant prices if they&#039;re graded.&nbsp; And we all know that the tpg&#039;s exploit that to the fullest.&nbsp; Registry sets are an excellent example.&nbsp; They&#039;re not promoting coins or coin collecting as much as they&#039;re promoting coin certification.&nbsp; </p><p>ok that&#039;s my rant for the day.&nbsp; Unless I come up with another one.[/QUOTE]</p><p><br /></p>

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