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<p>[QUOTE="Lehigh96, post: 405879, member: 15309"]NPcoin,</p><p><br /></p><p>The TPG's do and will continue to make mistakes. That is a simple fact of life. Overall, they do a great job of grading coins and I think the large majority are graded properly. That does not mean that I am willing to risk $2,000 in hope that I don't get one of the coins they got wrong. If I had another set of eyes to affirm the CAMEO designation, it would have had the same effect as the CAC sticker.</p><p><br /></p><p>You can say that the TPG's were formed in order to create a sight unseen market, but you already admitted in your first post that they failed in that respect. The doesn't mean there is no faith in the TPG's, it just means that from time to time you will need a second opinion. I would have no problem buying a common date Morgan MS65 sight unseen for $150. If I get the coin and think it is overgraded and is actually an MS64, I can dump it for a small loss. But I think before I buy a 1945 FB Mercury Dime, that I would like to see the full bands for myself. If the CAC suceeds, I won't need to see it.</p><p><br /></p><p>Besides, we both know that the benefits provided by the advent of the TPG's goes further than the sight unseen market. The scamming dealers that sold every single coin to unsuspecting buyers as gem bu are gone or scratching out a living on flea-bay. That alone is enough to ensure their longterm stability. I don't think anyone (collectors) wants to return to what is was like before the TPG's regardless of what happens with the CAC. Just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 405879, member: 15309"]NPcoin, The TPG's do and will continue to make mistakes. That is a simple fact of life. Overall, they do a great job of grading coins and I think the large majority are graded properly. That does not mean that I am willing to risk $2,000 in hope that I don't get one of the coins they got wrong. If I had another set of eyes to affirm the CAMEO designation, it would have had the same effect as the CAC sticker. You can say that the TPG's were formed in order to create a sight unseen market, but you already admitted in your first post that they failed in that respect. The doesn't mean there is no faith in the TPG's, it just means that from time to time you will need a second opinion. I would have no problem buying a common date Morgan MS65 sight unseen for $150. If I get the coin and think it is overgraded and is actually an MS64, I can dump it for a small loss. But I think before I buy a 1945 FB Mercury Dime, that I would like to see the full bands for myself. If the CAC suceeds, I won't need to see it. Besides, we both know that the benefits provided by the advent of the TPG's goes further than the sight unseen market. The scamming dealers that sold every single coin to unsuspecting buyers as gem bu are gone or scratching out a living on flea-bay. That alone is enough to ensure their longterm stability. I don't think anyone (collectors) wants to return to what is was like before the TPG's regardless of what happens with the CAC. Just my opinion.[/QUOTE]
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