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<p>[QUOTE="medoraman, post: 2150305, member: 26302"]Did introducing the MS64 grade create "business suicide"? How about + or * designations? Were they "business suicide"? Both are examples of adding new grades that forced people holding old holders to resubmit and pay again in hopes of getting the new higher grade.</p><p> </p><p>Regarding slabbing, I was around when it started. Yes, individuals could not submit directly but that was because you needed a membership to submit. But, never believe for a second slabbing was not seen as a way for dealers to get higher prices from customers. Ultimately slabbing was ONLY for dealers to sell at higher prices to customers. Dealer to dealer sight unseen was a dream that never worked. It was NEVER the main driver of slabbing. From day one, David Hall presented this as a way for dealers to sell their coins for more to collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2150305, member: 26302"]Did introducing the MS64 grade create "business suicide"? How about + or * designations? Were they "business suicide"? Both are examples of adding new grades that forced people holding old holders to resubmit and pay again in hopes of getting the new higher grade. Regarding slabbing, I was around when it started. Yes, individuals could not submit directly but that was because you needed a membership to submit. But, never believe for a second slabbing was not seen as a way for dealers to get higher prices from customers. Ultimately slabbing was ONLY for dealers to sell at higher prices to customers. Dealer to dealer sight unseen was a dream that never worked. It was NEVER the main driver of slabbing. From day one, David Hall presented this as a way for dealers to sell their coins for more to collectors.[/QUOTE]
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