Message:

<p>[QUOTE=&quot;calcol, post: 2565212, member: 77639&quot;]I&#039;m not sure of the magnitude of the problem, probably small, but it did exit. Most dealers back then, as now, were honest.&nbsp; I once observed dealers exchanging certificates and cash, but no coins.&nbsp; It&#039;s possible that the coins had already been exchanged or would be in the future.</p><p><br /></p><p>Selling of certificates without coins was reported in the numismatic press at the time.&nbsp; I no longer have any of my Coin World or NN issues from the 70&#039;s and 80&#039;s, so can&#039;t produces the articles.&nbsp; However, Beth Deisher, longtime numismatic writer and editor of Coin World from 1986 to 2012, posted an article this year that stated, &quot; Also, switching of ANACS photo grading certificates was eroding confidence in the market.&quot;&nbsp; URL for the article is <a href="https://cashinyourcoins-book.com/2016/08/grading-revolution-in-1986-changes-hobby/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://cashinyourcoins-book.com/2016/08/grading-revolution-in-1986-changes-hobby/" rel="nofollow">https://cashinyourcoins-book.com/2016/08/grading-revolution-in-1986-changes-hobby/</a>.</p><p><br /></p><p>Some of the black and white certificates did require a loupe to check if they matched a coin, especially in mint state.&nbsp; Yep, if you did that, you could be pretty sure of a true match.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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