Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
NGC Grading Class At CSNS
>
Reply to Thread
Message:
<p>[QUOTE="treylxapi47, post: 1913542, member: 41863"]I understand most of what your wrote Doug, I really do. And for the most part you are wrong in assuming its about the money. It's not about the money, it's about the predatory action of those at the top preying on the uneducated collector base. </p><p><br /></p><p>You are 100% correct that it is our own fault. You are wrong that the machine stops without a single piece. Case and point on that is theTPGs. We lived 5000 years and collected coins for near as long. They are the new kids on the block in that regard and could easily be done away with. Not saying things would be easier, just that TPGs are the MOST expendable. </p><p><br /></p><p>I also understand what you are saying about the market being all of us, but two parties CLEARLY have the upper hand. </p><p><br /></p><p>Dealers and Grading companies. </p><p><br /></p><p>So how is it they get to determine what we as collectors are supposed to buy? They handle millions of coins or thousands, collectors handle tens maybe hundreds. </p><p><br /></p><p>So, and again this is according to anecdotal evidence, but the majority of coins are circling through graders and dealers and they get to determine what is market acceptable since they obviously have a vested interest in doing so. </p><p><br /></p><p>I guess my main point is that market acceptable is nothing more than a fancy sales term and that as collectors you best arm yourselves with a ton of knowledge about coins. </p><p><br /></p><p>It's funny you think I'm mad about the money, money is a trivial thing, I'm mad about the principle of predatory sales marketing. But in the same vein, I see it clearly, so I can defend against it better. I just want other people to see it for it is. </p><p><br /></p><p>Out of your whole response Doug, and all of the others, not one person has refuted that 'market acceptable' is a gimmicky term to slide through sub par coins that don't necessarily deserve a clean grade. </p><p><br /></p><p>Market acceptable is nothing more than saying that this particular item is suitable for the general market, but in my eyes it's being pushed by those who stand to make the money by convincing someone that their hairlined AU coin is actually a problem free XF-45. </p><p><br /></p><p>Who does such a thing benefit Doug? Unless I'm totally ignorant I don't think collectors in general want sub par coins, and that's exactly what I just described. </p><p><br /></p><p>Oh and once again, thanks for taking the time to respond Doug. I always welcome your opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 1913542, member: 41863"]I understand most of what your wrote Doug, I really do. And for the most part you are wrong in assuming its about the money. It's not about the money, it's about the predatory action of those at the top preying on the uneducated collector base. You are 100% correct that it is our own fault. You are wrong that the machine stops without a single piece. Case and point on that is theTPGs. We lived 5000 years and collected coins for near as long. They are the new kids on the block in that regard and could easily be done away with. Not saying things would be easier, just that TPGs are the MOST expendable. I also understand what you are saying about the market being all of us, but two parties CLEARLY have the upper hand. Dealers and Grading companies. So how is it they get to determine what we as collectors are supposed to buy? They handle millions of coins or thousands, collectors handle tens maybe hundreds. So, and again this is according to anecdotal evidence, but the majority of coins are circling through graders and dealers and they get to determine what is market acceptable since they obviously have a vested interest in doing so. I guess my main point is that market acceptable is nothing more than a fancy sales term and that as collectors you best arm yourselves with a ton of knowledge about coins. It's funny you think I'm mad about the money, money is a trivial thing, I'm mad about the principle of predatory sales marketing. But in the same vein, I see it clearly, so I can defend against it better. I just want other people to see it for it is. Out of your whole response Doug, and all of the others, not one person has refuted that 'market acceptable' is a gimmicky term to slide through sub par coins that don't necessarily deserve a clean grade. Market acceptable is nothing more than saying that this particular item is suitable for the general market, but in my eyes it's being pushed by those who stand to make the money by convincing someone that their hairlined AU coin is actually a problem free XF-45. Who does such a thing benefit Doug? Unless I'm totally ignorant I don't think collectors in general want sub par coins, and that's exactly what I just described. Oh and once again, thanks for taking the time to respond Doug. I always welcome your opinion.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
NGC Grading Class At CSNS
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...