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<p>[QUOTE=&quot;yakpoo, post: 1642517, member: 18157&quot;]In addition to protecting coins, the reputable TPGs (NGC, PCGS) also insure the grade. This insurance &quot;securitizes&quot; the coin, making it more liquid/desirable in the marketplace. You&#039;re right, it makes little sense to securitize coins of no great value (e.g. common moderns). </p><p><br /></p><p>However, if I had a 1999 silver Delaware proof that I felt would grade PF70...I might send it in. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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