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<p>[QUOTE="Morgandude11, post: 1445756, member: 37839"]You are right, to each his own. The one glaring inaccuracy is that "people are entitled to throw their money away as they choose, and others are entitled to be more thrifty in their spending." That is a total crock! Over the years, when I have bought and resold slabbed coins by PCGS and NGC, I have consistently made money--lots of money. I did not buy the coins originally with intent to resell, but one never knows. On the other hand, the raw ones were far less marketable for a price commensurate with original purchase expense. That is simple fact in my case, and sufficient reason to purchase slabbed coins. The old adage of "buy the coin and not the holder" is fine if you have no intent EVER to remarket or trade coins. End of story on that aspect.</p><p><br /></p><p>As regard "dealers and buyers finding common ground," I can't tell you how many times I ended up overpaying for a coin that was represented as one thing, but ended up being another. You will come back, and reiterate that one has to be an expert grader--well, I am an experienced grader, and still had a number of unpleasant surprises. TPGs have leveled out the playing field. I think you just don't wish to acknowledge the financial aspects of the hobby that are operative.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 1445756, member: 37839"]You are right, to each his own. The one glaring inaccuracy is that "people are entitled to throw their money away as they choose, and others are entitled to be more thrifty in their spending." That is a total crock! Over the years, when I have bought and resold slabbed coins by PCGS and NGC, I have consistently made money--lots of money. I did not buy the coins originally with intent to resell, but one never knows. On the other hand, the raw ones were far less marketable for a price commensurate with original purchase expense. That is simple fact in my case, and sufficient reason to purchase slabbed coins. The old adage of "buy the coin and not the holder" is fine if you have no intent EVER to remarket or trade coins. End of story on that aspect. As regard "dealers and buyers finding common ground," I can't tell you how many times I ended up overpaying for a coin that was represented as one thing, but ended up being another. You will come back, and reiterate that one has to be an expert grader--well, I am an experienced grader, and still had a number of unpleasant surprises. TPGs have leveled out the playing field. I think you just don't wish to acknowledge the financial aspects of the hobby that are operative.[/QUOTE]
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