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<p>[QUOTE=&quot;statequarterguy, post: 991588, member: 21782&quot;]Well, those dates certainly fit my contention that the Morgan scams affected the market.&nbsp; As one may know, it could take years for the government to act after complaints are filed.&nbsp; As I remember, the hobby was in an uproar and calls were going out for the government to do something.&nbsp; Remember the government moves, but it moves slow.&nbsp; And, I believe the government initially took the same position they&#039;re taking now with counterfeits, not a problem big enough for us to worry about.&nbsp; Of course this is one of the facts that attracts more scam artists to coins, we&#039;re viewed as a hobby whose problems have traditionally been, &quot;not big enough for government involvement&quot;.&nbsp;&nbsp; It wasn&#039;t until they received enough complaints that they were compelled to act.</p><p><br /></p><p>Thanks for clarifying who the companies were - I knew the coins were slabbed but wasn&#039;t sure who slabbed them.&nbsp; Now, with all the talk these days about the top TPG&#039;ers changing their grading standards, which even I can see when I look at the coin and not just the slab, I&#039;d say some collector&#039;s of high priced, high grade coins are in extremely risky positions - not only from price swings, but from changing grading standards.</p><p><br /></p><p>Aside from what I mentioned before about the risk of a company not honoring it&#039;s guarantees due to bankruptcy, is say, pcgs on the hook if they can show grading standards changed industry wide?&nbsp; And, if they are, I’d speculate it could potentially cost the average collector huge legal fees to collect.[/QUOTE]</p><p><br /></p>

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