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<p>[QUOTE=&quot;Lehigh96, post: 413440, member: 15309&quot;]It is not the coin dealers that are creating the monopoly, it is the self slabbers themselves.&nbsp; The third world TPG&#039;s (NNC, NAC etc) have created an atmosphere that has ruined customer confidence in TPG&#039;s.&nbsp; Only PCGS and NGC by virtue of their strict grading standards (not carelessness) have been able to survive this loss in confidence in the marketplace.&nbsp; As a result, they are considered the only really respectable grading companies, hence the monopoly you are talking about.</p><p><br /></p><p>Grading is subjective and we all understand that.&nbsp; Everybody always states that both NGC and PCGS also overgrade coins.&nbsp; While this may be true to an extent, I think that those examples are market graded or are only overgraded by one grade, two grades in rare instances.&nbsp; I would challenge anyone to show an NGC or PCGS slabbed coin that is overgraded by 3 grades.&nbsp; The third world TPG&#039;s and self slabbers routinely overgrade coins by 3-5 grades and are the cause of the erosion in consumer confidence.</p><p><br /></p><p>With respect to World Coins, I think it is understandable that some mistakes will be made due to language and alphabetic barriers that exist.&nbsp; I would guess that any mistake made brought to the attention of NGC or PCGS would be corrected free of charge.</p><p><br /></p><p>While the advice, buy the coin not the plastic is applauded by the numismatic community, it is not very realistic, and in my opinion, not prudent when dealing with PCGS or NGC coins for the average collector.&nbsp; Unless you are a very advanced collector with expert grading abilities and extensive knowledge of the coin series in question, there is a very good chance that the expert graders at PCGS and NGC will be able to grade your coin in 3 seconds with more accuracy than the collector.</p><p><br /></p><p>Here is my advice.&nbsp; If you are a novice, average, or even a seasoned collector, trust the grades by NGC and PCGS and continue your numismatic education so that you may someday be in a position to correctly evaluate (criticize) the opinion of the professional graders.&nbsp; If you are an expert collector or dealer, buy the coin not the plastic.</p><p><br /></p><p>Now let the flames begin.[/QUOTE]</p><p><br /></p>

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