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<p>[QUOTE=&quot;Lehigh96, post: 653396, member: 15309&quot;]I really don&#039;t understand the perceived hatred of TPG&#039;s that seems to have gripped this forum.&nbsp; The notion that a third party opinion of the coins grade drives the price of a coin higher is ludicrous.&nbsp; The market sets the price for every coin with a certain grade.&nbsp; The difference in price is due to the fact that without the third party opinion, usually the buyer and the seller don&#039;t agree on the grade.&nbsp; The seller will almost always overgrade to maximize profit and the buyer will almost always undergrade in order to get a bargain.&nbsp; In the rare case that the grade of a coin is undisputed between buyer and seller, the coin most likely trade at the same price as a graded coin.</p><p><br /></p><p>The TPG&#039;s put and end to the days where unscrupulous dealers would take junk coins and call them gem BU.&nbsp; They ensure and guarantee authenticity and grade.&nbsp; They protect and preserve the valuable coin inside for many years to come and ensure liquidity when it comes time to sell.&nbsp; Given all that the TPG&#039;s do to help collectors, they still face seemingly endless criticism.&nbsp; </p><p><br /></p><p>Speedy, I have to say I am disappointed in your attitude towards TPG&#039;s.&nbsp; I would think that someone with your experience would not have such a cynical outlook.&nbsp; Furthermore, you really shouldn&#039;t talk in absolutes.&nbsp; Is that a requirement for moderators on Cointalk.&nbsp; Making the statement that rare coins are NOT a good investment is ridiculous.&nbsp; For most people,&nbsp; without the requisite knowledge, you are correct.&nbsp; But there are plenty of people with the right knowldege and capital to make a profit investing in rare coins.&nbsp; The same holds true in almost any investment arena.&nbsp; People routinely stick their money in the stock market with little or no knowledge and lose money everyday.&nbsp; Speaking in absolutes all but guarantees you to be wrong because there is always and exception to the rule.[/QUOTE]</p><p><br /></p>

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