Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
NGC population reports for graded coins
>
Reply to Thread
Message:
<p>[QUOTE="Sallent, post: 3183391, member: 76194"]What a farce, you are seeing what NGC wants to do to this hobby. Heritage loves it though, because now they can take a $2,000 coin, encase it in plastic, and get some US investors-type to pay $36,000 for it (the plastic tax).</p><p><br /></p><p>It worked wonders for the U.S. Coins Market, which is why U.S. coins are so grossly overpriced today compared to any other coinage in the world. How long before we start seeing Athenian Owl coins rated MS-67* or MS-66 First Stike, or MS-65 Deep Cameo, or maybe even MS-65+.</p><p><br /></p><p>I give it less than a year before CAC stickers become a thing for slabbed ancients too. Anything to bring the "It's all about the highest grade and investment value" US-investor types into the untapped ancients market so they can ruin it like they did with US coins. They'll drive away actual collectors who care about the history and artistic value of coins, and it will all be about "grade", "CAC stickers", "resale value", "which coin is the best investment".</p><p><br /></p><p>PS: Population reports are meaningless because they don't account the coins that haven't been submitted, and some coins are submitted more than once. Meaning it is not an accurate reflection of anything, really.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 3183391, member: 76194"]What a farce, you are seeing what NGC wants to do to this hobby. Heritage loves it though, because now they can take a $2,000 coin, encase it in plastic, and get some US investors-type to pay $36,000 for it (the plastic tax). It worked wonders for the U.S. Coins Market, which is why U.S. coins are so grossly overpriced today compared to any other coinage in the world. How long before we start seeing Athenian Owl coins rated MS-67* or MS-66 First Stike, or MS-65 Deep Cameo, or maybe even MS-65+. I give it less than a year before CAC stickers become a thing for slabbed ancients too. Anything to bring the "It's all about the highest grade and investment value" US-investor types into the untapped ancients market so they can ruin it like they did with US coins. They'll drive away actual collectors who care about the history and artistic value of coins, and it will all be about "grade", "CAC stickers", "resale value", "which coin is the best investment". PS: Population reports are meaningless because they don't account the coins that haven't been submitted, and some coins are submitted more than once. Meaning it is not an accurate reflection of anything, really.[/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
>
Ancient Coins
>
NGC population reports for graded coins
>
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...