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<p>[QUOTE="kaparthy, post: 18557, member: 57463"]You got a lot of replies, most of them negative. That tells you more about the dangers of asking for opinions than it does about Littleton. Allow me to speak on behalf of Littleton. Then I will cover the same question from a different angle.</p><p><br /></p><p>1. There is no such thing as a free lunch. Costs are always passed on to the ultimate consumer. We all know this; we just forget what it means. Littleton's prices are "higher" than collectors expect and one reason why is the free approvals. Littleton's pays the postage both ways. That is just one factor.</p><p><br /></p><p>2. Grading is subjective. People complain that Littleton "overgrades" but no one establishes a standard. What company grades so correctly that no one complains? Everyone wants to buy UNDERGRADED coins, of course. In truth, Littleton grades correctly. They are as reliable, accurate, precise and honest as any other top-notch firm in our hobby.</p><p><br /></p><p>3. Problems lower grades. Littleton does not sell problem coins. (Your Sackie is a different situation entirely.) When Littleton grades a coin Very Fine, that is what it is, without rimnicks, scratches, overcleaning and other problems. </p><p><br /></p><p>4. Littleton buys quality coins. I have talked to dealers who sell to Littleton. They pay above wholesale for coins without problems. They needs a lot of inventory for their many, many customers and they pay for it in order to get it. Dealers are very happy to see Littleton come in because they pay well. However, they do not buy junk.</p><p><br /></p><p>5. Longevity counts. Littleton is in their second generation. They are in a small town in New England. If these people were half as unreliable or as undeserving as some people here have let on, they would have been run out of town on a rail 40 years ago. I have met David Sundman at meetings of the ANS where he was attending as a member. (He is also an ANA member, of course, but that's business. If you know anything about collecting in America, you appreciate what it means to find a dealer as a member of the ANS, participating as an individual.)</p><p><br /></p><p>6. Can you get a better "deal"? Well, yes, considering that there is no such thing as a free lunch: all costs must be accounted for. Myself, I save my money, go to an ANA or regional convention like MSNS or Blue Ridge, stay in a motel for a couple of days, and so on. Most collectors say they cannot "afford" to do that, but end up spending as much on extras that they do not tally: (again) time in travel, time in the store, impulse purchases, shipping and handling, getting ripped off... </p><p><br /></p><p>7. For many collectors, going ANYWHERE is not an option. Littleton is very popular with people who do not or cannot travel to coin stores and coin shows. For them, the extra cost of a coin represents an extra value in service.</p><p><br /></p><p>Am I a Littleon customer? No, I am not. I do not collect much and my interests are more in research and writing. I have investigated the company. I know them from the hobby. </p><p><br /></p><p><br /></p><p>Michael</p><p>ANA R-162953[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 18557, member: 57463"]You got a lot of replies, most of them negative. That tells you more about the dangers of asking for opinions than it does about Littleton. Allow me to speak on behalf of Littleton. Then I will cover the same question from a different angle. 1. There is no such thing as a free lunch. Costs are always passed on to the ultimate consumer. We all know this; we just forget what it means. Littleton's prices are "higher" than collectors expect and one reason why is the free approvals. Littleton's pays the postage both ways. That is just one factor. 2. Grading is subjective. People complain that Littleton "overgrades" but no one establishes a standard. What company grades so correctly that no one complains? Everyone wants to buy UNDERGRADED coins, of course. In truth, Littleton grades correctly. They are as reliable, accurate, precise and honest as any other top-notch firm in our hobby. 3. Problems lower grades. Littleton does not sell problem coins. (Your Sackie is a different situation entirely.) When Littleton grades a coin Very Fine, that is what it is, without rimnicks, scratches, overcleaning and other problems. 4. Littleton buys quality coins. I have talked to dealers who sell to Littleton. They pay above wholesale for coins without problems. They needs a lot of inventory for their many, many customers and they pay for it in order to get it. Dealers are very happy to see Littleton come in because they pay well. However, they do not buy junk. 5. Longevity counts. Littleton is in their second generation. They are in a small town in New England. If these people were half as unreliable or as undeserving as some people here have let on, they would have been run out of town on a rail 40 years ago. I have met David Sundman at meetings of the ANS where he was attending as a member. (He is also an ANA member, of course, but that's business. If you know anything about collecting in America, you appreciate what it means to find a dealer as a member of the ANS, participating as an individual.) 6. Can you get a better "deal"? Well, yes, considering that there is no such thing as a free lunch: all costs must be accounted for. Myself, I save my money, go to an ANA or regional convention like MSNS or Blue Ridge, stay in a motel for a couple of days, and so on. Most collectors say they cannot "afford" to do that, but end up spending as much on extras that they do not tally: (again) time in travel, time in the store, impulse purchases, shipping and handling, getting ripped off... 7. For many collectors, going ANYWHERE is not an option. Littleton is very popular with people who do not or cannot travel to coin stores and coin shows. For them, the extra cost of a coin represents an extra value in service. Am I a Littleon customer? No, I am not. I do not collect much and my interests are more in research and writing. I have investigated the company. I know them from the hobby. Michael ANA R-162953[/QUOTE]
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