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<p>[QUOTE=&quot;TypeCoin971793, post: 3145205, member: 78244&quot;]There’s a guy at my coin club that is very proud of his collection. Every time he talks about it, he identifies the coin, then describes the holder and stickers in vicarious detail, and then mentions if it is toned or not. Very little thought is given to the coin itself (accurate grade, strike, surface originality, etc.). I wonder if that is the mindset of most slab collectors.</p><p><br /></p><p>I’d bet good money that this is the result of Morgan dollars. Millions are out there slabbed, and thousands of collectors start with Morgans because “that is what everyone else colects”. Certified is all the rage, and they don’t kniw how to grade, so they go with certified coins. They almost all look the same in each grade category (though some are high and low for the grade), so they can blindly trust the number on the label and never learn to match the coin to the grade. The only way to compare Morgan collections is that little number on the label and the presence of toning, so those points become the focus of any purchase instead of the coin. This mindset then extrapolates as the collectors expand to other areas. I hate Morgans.</p><p><br /></p><p>One time, I was at a show, and I had an IGC AU-55 bust half I wanted opinions on. I covered up the grade to prevent any bias. One dealer noted that because I covered up the grade, I must have been unhappy with it because it was cleaned. I told him it graded AU-55. Then he said, “Oh, then it is a nice coin.”[/QUOTE]</p><p><br /></p>

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