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<p>[QUOTE="BooksB4Coins, post: 1757917, member: 36230"]</p><p><br /></p><p><font face="Times New Roman">So in order to make people think they are getting this "fantastic deal on a fantastic coin", he is intentionally trying to deceiving by placing sub-par coins in a slab-like holder labeled as being superb gems for the sole reason of bringing the highest profit. This, by definition, this <i>is</i> a scam.</font></p><p><br /></p><p><font face="Times New Roman"><a href="http://dictionary.reference.com/browse/scam" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://dictionary.reference.com/browse/scam" rel="nofollow">http://dictionary.reference.com/browse/scam</a></font></p><p><br /></p><p><br /></p><p><br /></p><p><font face="Times New Roman">The reason is both obvious and simple: money. Were the coins graded to accepted standards, how many people would be conned into thinking them a deal? The "deal mentality" is rampant in this hobby. On this very board we regularly see people focus more on what they believe is a "deal" than on the coins themselves, and the problem goes well beyond bottom feeder slabs. This is the reason why there are sellers who crack detail-graded dreck to sell raw; when honestly labeled, such coins usually sell at strong discounts, but once removed they can fluffed into being something they are not. Another casualty of the deal mentality is buyers who blindly put all faith into the top TPGs. While this is generally the safest option out there for those who do not know any better, the reality is there are plenty of overgraded and questionably graded coins out there that, after a game of hot potato, often end up in the hands of those who focused more on the price than the coin.</font></p><p><br /></p><p><font face="Times New Roman">The point with this is that there is very good reason for such deception... it pays. With knowledgeable and/or experienced collectors being the usual exception, it is almost always harder to sell an honestly graded/described coin than one that has been fluffed up, and as long as there are so-called collectors out there who care more about cost than quality, these games will continue.</font>[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1757917, member: 36230"][FONT=Times New Roman][/FONT] [FONT=Times New Roman] [/FONT] [FONT=Times New Roman]So in order to make people think they are getting this "fantastic deal on a fantastic coin", he is intentionally trying to deceiving by placing sub-par coins in a slab-like holder labeled as being superb gems for the sole reason of bringing the highest profit. This, by definition, this [I]is[/I] a scam.[/FONT] [FONT=Times New Roman] [/FONT] [FONT=Times New Roman][url]http://dictionary.reference.com/browse/scam[/url][/FONT] [FONT=Times New Roman] [/FONT] [FONT=Times New Roman][/FONT] [FONT=Times New Roman] [/FONT] [FONT=Times New Roman]The reason is both obvious and simple: money. Were the coins graded to accepted standards, how many people would be conned into thinking them a deal? The "deal mentality" is rampant in this hobby. On this very board we regularly see people focus more on what they believe is a "deal" than on the coins themselves, and the problem goes well beyond bottom feeder slabs. This is the reason why there are sellers who crack detail-graded dreck to sell raw; when honestly labeled, such coins usually sell at strong discounts, but once removed they can fluffed into being something they are not. Another casualty of the deal mentality is buyers who blindly put all faith into the top TPGs. While this is generally the safest option out there for those who do not know any better, the reality is there are plenty of overgraded and questionably graded coins out there that, after a game of hot potato, often end up in the hands of those who focused more on the price than the coin.[/FONT] [FONT=Times New Roman] [/FONT] [FONT=Times New Roman]The point with this is that there is very good reason for such deception... it pays. With knowledgeable and/or experienced collectors being the usual exception, it is almost always harder to sell an honestly graded/described coin than one that has been fluffed up, and as long as there are so-called collectors out there who care more about cost than quality, these games will continue.[/FONT][/QUOTE]
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