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Message:: [QUOTE="Midas, post: 129348, member: 2761"]I look at it this way...every person new or old alike in numismatics that buys a fake coin, a counterfeit coin, a whizzed coin, a dipped coin, or a false "packaged" (slabbed) and "marketed" coin with a MS/PR70 label and gold tape is going to get burnt and turned off to this great hobby. Many times too often, they leave the hobby in disgust...so I figured out (selfishly) the less people collecting coins, the less my collection is worth...the more people get into coins, the better for ALL of us! I will admit it...back in early 2004, I bought a 2003-S PR70 SGS "faded - 3" coin from Aboncom and I thought I got a good deal. WOW!?! a faded "3" proof! It is going to be worth millions some day, and look!  It is "certified".  I took it to a real coin show and literally got laughed out of the place. Upon investigation, I found out the seller owned and operated this so called "grading" service of SGS whereby 99% of the coins that were being slabbed came from his own inventories. Boy did my blood boil, so I make it a point to alert other collectors NOT to make the same mistake I did. Sure I am out only $50, but it is the principle of the matter.  No one likes being taken...I don't no matter how little I lost. So that is the story...pass the word, educate collectors and let them know about forums like this one where they can learn about the real deal as well as participate in some "spirited" discussions.[/QUOTE]