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<p>[QUOTE="medoraman, post: 3352517, member: 26302"]OTOH, there really is no debate that slabbers standards have weakened over the years. That is why older slabs are sought after and looked at so intensely at coin shows, the likelihood it could upgrade is higher even though they have been picked over for 2 decades now to for resubmittals. Its really part of the game. Tougher standards at first, and once you have slabbed most older coins, you loosen standards to encourage resubmits to keep the fees rolling in. They can't live solely on ASE MS70 First Day of Issue con job coins sold on HSN. Then, after enough wailing about too loose of standards for too long, they come out with a premium "red label" slab with tougher standards and everyone wants to crack out and get their coins in the "tougher" slab because they bring higher premiums.</p><p><br /></p><p>Endless ways of sucking money out of the hobby and not having to bother actually selling coins.</p><p><br /></p><p>Btw, I am entirely hating on slabbers. I am fully aware the reason they exists were the tens of thousands of coin dealers who would scam and swindle their customers mercilessly. The slabbers got rid of most of those, but they bring their own problems. My "perfect world" of all collectors actually learning how to grade properly, know how coins are made so as to judge errors themselves, and learn to evaluate problem coins is a pipe dream, I know.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3352517, member: 26302"]OTOH, there really is no debate that slabbers standards have weakened over the years. That is why older slabs are sought after and looked at so intensely at coin shows, the likelihood it could upgrade is higher even though they have been picked over for 2 decades now to for resubmittals. Its really part of the game. Tougher standards at first, and once you have slabbed most older coins, you loosen standards to encourage resubmits to keep the fees rolling in. They can't live solely on ASE MS70 First Day of Issue con job coins sold on HSN. Then, after enough wailing about too loose of standards for too long, they come out with a premium "red label" slab with tougher standards and everyone wants to crack out and get their coins in the "tougher" slab because they bring higher premiums. Endless ways of sucking money out of the hobby and not having to bother actually selling coins. Btw, I am entirely hating on slabbers. I am fully aware the reason they exists were the tens of thousands of coin dealers who would scam and swindle their customers mercilessly. The slabbers got rid of most of those, but they bring their own problems. My "perfect world" of all collectors actually learning how to grade properly, know how coins are made so as to judge errors themselves, and learn to evaluate problem coins is a pipe dream, I know.[/QUOTE]
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