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<p>[QUOTE="Troodon, post: 1576558, member: 4626"]Um if graders are trying to assign a value to a coin rather than a grade, they're not doing what they're being paid to do. It's the duty of the market to determine the values; the TPGs are just supposed to be assigning technical grades to the coins and that's it, period. I highly disagree that TPGs trying to set the market prices for coins is good for the hobby at all. In fact, them trying to assign values instead of grades is one of my biggest gripes with them in the first place. The main reason I attempt to defend ANACS is they still seem to be doing what they're supposed to be doing, just giving a technical opinion on the grade, and ignoring any trends as to how marketable the coin is. The coin can speak for itself. (Personally I think the grade can speak for itself too, but if you're going to be paying someone to give a <i>GRADING</i> opinion, that's what they should be doing, or they're basically committing fraud by not providing the service for which they are being paid.)</p><p><br /></p><p>TPGs are GRADERS <i>by definition</i>. They are not being paid to market the submitters' coins. They're not being paid to appraise the submitters' coins. They are being paid to grade them, period, and if they're basing their grading opinion on anything other than technical standards, they're effectively defrauding their customers.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1576558, member: 4626"]Um if graders are trying to assign a value to a coin rather than a grade, they're not doing what they're being paid to do. It's the duty of the market to determine the values; the TPGs are just supposed to be assigning technical grades to the coins and that's it, period. I highly disagree that TPGs trying to set the market prices for coins is good for the hobby at all. In fact, them trying to assign values instead of grades is one of my biggest gripes with them in the first place. The main reason I attempt to defend ANACS is they still seem to be doing what they're supposed to be doing, just giving a technical opinion on the grade, and ignoring any trends as to how marketable the coin is. The coin can speak for itself. (Personally I think the grade can speak for itself too, but if you're going to be paying someone to give a [I]GRADING[/I] opinion, that's what they should be doing, or they're basically committing fraud by not providing the service for which they are being paid.) TPGs are GRADERS [I]by definition[/I]. They are not being paid to market the submitters' coins. They're not being paid to appraise the submitters' coins. They are being paid to grade them, period, and if they're basing their grading opinion on anything other than technical standards, they're effectively defrauding their customers.[/QUOTE]
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Lincoln opinion??
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