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<p>[QUOTE=&quot;medoraman, post: 1913570, member: 26302&quot;]I know they exist everywhere, and why, but I am simply reacting to the large, large numbers of scams perpetrated by &quot;coin dealers&quot; ever since I have been involved in this hobby. I mean, every single year there are multitude of stories how retirees are sold morgans worth $500 for $10,000, damaged coins sold as full value, etc ad nauseum. I have never heard the same quantity and magnitude being perpetuated by any other hobby. Sure, stocks have always been plagued with this as well, but are much cleaned up today. Maybe part of it is that bullion dealers also usually get lumped in with coin dealers, but still. In my view, our hobby which we love so much still seems to be plagued by an overabundance of scam artists. Yes, if you educate yourself its easy enough to avoid them, but it still gives our hobby a serious black eye. Most people who hear I collect worry about me getting ripped off, such is the general opinion of coin collecting to the general public.[/QUOTE]</p><p><br /></p>

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