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<p>[QUOTE="okbustchaser, post: 2061267, member: 72642"]Not especially, as I recall. One didn't see the large price swings based on "grade rarities" that one does today, but most knew the "keys" to whatever collection one was working on.</p><p><br /></p><p>About the same time as the TPGs came about the internet explosion also occurred. I think that this, much more than TPG population reports showed collectors that many coins were much more common than previously believed. For the most part the major TPGs were only seeing either extremely common coins which could be marketed as a generic commodity (which was actually the business mission of the TPGs in the first place) or extreme rarities which most of the experts in those particular series already knew about anyway.</p><p><br /></p><p>It was a few years later when "everything" had to be slabbed that the huge price differentials between one grade and the next grade up truly started appearing. It's those huge price swings over a totally subjective single point that I most object to.</p><p><br /></p><p>Don't get me wrong. I think that the TPG age has been an overall benefit to the hobby. Still doesn't mean that I don't think collectors should put forth the effort to learn how to grade for themselves rather than slavishly worship numbers on labels which can and will change if the coin is resubmitted.</p><p><br /></p><p>Edit to insert missing word which would have resulted in saying the opposite of what I meant.[/QUOTE]</p><p><br /></p>
[QUOTE="okbustchaser, post: 2061267, member: 72642"]Not especially, as I recall. One didn't see the large price swings based on "grade rarities" that one does today, but most knew the "keys" to whatever collection one was working on. About the same time as the TPGs came about the internet explosion also occurred. I think that this, much more than TPG population reports showed collectors that many coins were much more common than previously believed. For the most part the major TPGs were only seeing either extremely common coins which could be marketed as a generic commodity (which was actually the business mission of the TPGs in the first place) or extreme rarities which most of the experts in those particular series already knew about anyway. It was a few years later when "everything" had to be slabbed that the huge price differentials between one grade and the next grade up truly started appearing. It's those huge price swings over a totally subjective single point that I most object to. Don't get me wrong. I think that the TPG age has been an overall benefit to the hobby. Still doesn't mean that I don't think collectors should put forth the effort to learn how to grade for themselves rather than slavishly worship numbers on labels which can and will change if the coin is resubmitted. Edit to insert missing word which would have resulted in saying the opposite of what I meant.[/QUOTE]
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