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<p>[QUOTE="mralexanderb, post: 277991, member: 7851"]Pesronally, I don't think it's gonna change much. Sure it's a step in the right direction and I applaud them for it. But just because the self-slabbers won't be able to list grades in the titles any more, there isn't going to be that much impact.</p><p><br /></p><p>They can still list the coins and sell them on ebay. They can still list the grades and spout off all the BS in the descriptions. The counterfeits will still be there, the altered coins will still be there. The harshly cleaned and outrageously over-graded coins will still be there. And the gullible will still buy them at vastly inflated prices.--GDJMSP</p><p>__________________</p><p>knowledge ..... share it </p><p><br /></p><p><br /></p><p>Yeah, Maybe so. But, It's a big step in the right direction towards educating coin collectors to do some homework, to do the right thing in respect to learning about their hobby, instead of just jumping in and getting ripped. How many times have we read in these threads about our fellow collectors being taken by these (BS) grading companies (SGS, GEC, ETC.)?</p><p><br /></p><p>" I would buy SGS MS68 Morgans at slightly under melt all day!"</p><p><br /></p><p>Clembo: Most of us would. But if these self slabbers started to unload these coins in bulk, wouldn't you jump on it? I'm hoping they'll start to unload the vast quantity of coins at a rock bottom price for all to buy. Oh, wait. Was I dreaming? They would still be questionable coins as to their grade, for sure, and their authenticity among other variables as, GDJMSP mentioned.[/QUOTE]</p><p><br /></p>
[QUOTE="mralexanderb, post: 277991, member: 7851"]Pesronally, I don't think it's gonna change much. Sure it's a step in the right direction and I applaud them for it. But just because the self-slabbers won't be able to list grades in the titles any more, there isn't going to be that much impact. They can still list the coins and sell them on ebay. They can still list the grades and spout off all the BS in the descriptions. The counterfeits will still be there, the altered coins will still be there. The harshly cleaned and outrageously over-graded coins will still be there. And the gullible will still buy them at vastly inflated prices.--GDJMSP __________________ knowledge ..... share it Yeah, Maybe so. But, It's a big step in the right direction towards educating coin collectors to do some homework, to do the right thing in respect to learning about their hobby, instead of just jumping in and getting ripped. How many times have we read in these threads about our fellow collectors being taken by these (BS) grading companies (SGS, GEC, ETC.)? " I would buy SGS MS68 Morgans at slightly under melt all day!" Clembo: Most of us would. But if these self slabbers started to unload these coins in bulk, wouldn't you jump on it? I'm hoping they'll start to unload the vast quantity of coins at a rock bottom price for all to buy. Oh, wait. Was I dreaming? They would still be questionable coins as to their grade, for sure, and their authenticity among other variables as, GDJMSP mentioned.[/QUOTE]
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