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How to buy US coins that are good values, and not get victimized.
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<p>[QUOTE="medoraman, post: 2025222, member: 26302"]My only point sir would be you should learn how to grade a series, at least in the grade range you are thinking of buying, before you make a purchase. I believe everyone on this board will admit, be they me and Doug or the most fervent pro-TPG fan, that there is a ton of latitude in grading. Every single series has coins fairly graded and overgraded. I would postulate very, very few undergraded slabs exist, but that doesn't matter. How do you protect yourself from the overgraded slabs? That is my worry. If you do not know how to grade, then you are liable to be the one paying "book" price for a coin marked a 64 when its really an overgraded 62. For authenticity purposes, I would agree using TPG's are a wise move if those issues are known to be heavily counterfeited. </p><p><br /></p><p>As a further point, the danger in relying on TPG's only is; what will happen when the chinese get better at faking the slabs? They are already pretty close. What happens when your security blanket is itself the subject of worry? That is why I preach education sir. Look at lots of coins, use good dealers, and educate yourself are the three things I recommend for everyone in this hobby for these reasons.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2025222, member: 26302"]My only point sir would be you should learn how to grade a series, at least in the grade range you are thinking of buying, before you make a purchase. I believe everyone on this board will admit, be they me and Doug or the most fervent pro-TPG fan, that there is a ton of latitude in grading. Every single series has coins fairly graded and overgraded. I would postulate very, very few undergraded slabs exist, but that doesn't matter. How do you protect yourself from the overgraded slabs? That is my worry. If you do not know how to grade, then you are liable to be the one paying "book" price for a coin marked a 64 when its really an overgraded 62. For authenticity purposes, I would agree using TPG's are a wise move if those issues are known to be heavily counterfeited. As a further point, the danger in relying on TPG's only is; what will happen when the chinese get better at faking the slabs? They are already pretty close. What happens when your security blanket is itself the subject of worry? That is why I preach education sir. Look at lots of coins, use good dealers, and educate yourself are the three things I recommend for everyone in this hobby for these reasons.[/QUOTE]
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How to buy US coins that are good values, and not get victimized.
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