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<p>[QUOTE="Lehigh96, post: 1913607, member: 15309"]Let me see if I understand your point. You think that the dealers & graders engage in predatory behavior against collectors and your solution is to eliminate the TPGs all together?</p><p><br /></p><p>Do you have any idea how predatory the coin business was before the inception of the TPGs? Collectors sold coins to dealers and they were AU. The dealer would then sell those same coins as GEM BU. </p><p><br /></p><p>The creation of the TPGs was the single most important event in the protection of numismatic collectors. The very fact that you have chosen to demonize the TPGs leads me to believe that your argument is based on an emotional response to an anecdotal experience in your life and not based on logical thought.</p><p><br /></p><p>If you want to focus on the TPG practice of silent net grading what you think should be problem coins, then do so. But don't throw the baby out with the bath water and demonize the entire system of third party grading. In the end, what you are complaining about affects a very very small percentage of the coins graded by the TPGs.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1913607, member: 15309"]Let me see if I understand your point. You think that the dealers & graders engage in predatory behavior against collectors and your solution is to eliminate the TPGs all together? Do you have any idea how predatory the coin business was before the inception of the TPGs? Collectors sold coins to dealers and they were AU. The dealer would then sell those same coins as GEM BU. The creation of the TPGs was the single most important event in the protection of numismatic collectors. The very fact that you have chosen to demonize the TPGs leads me to believe that your argument is based on an emotional response to an anecdotal experience in your life and not based on logical thought. If you want to focus on the TPG practice of silent net grading what you think should be problem coins, then do so. But don't throw the baby out with the bath water and demonize the entire system of third party grading. In the end, what you are complaining about affects a very very small percentage of the coins graded by the TPGs.[/QUOTE]
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