Reply to Thread

Message:: [QUOTE="Rono, post: 174474, member: 6492"]Howdy folks, It's encouraging to see you all pan this practice.  I think the TPG's offer a very valuable service, but this First Strike nonsense is doing serious damage to their credibility and reputation.  Doesn't it lower them to the level of the swine that sell coins on TV for 50-100% over retail? Correct me if I'm wrong, but that throughout an annual production run of let's say bullion ASE's, there are how many die changes?  6? 12?  That means that there are several sets of different first strikes. And I understand that a fully struck coin carries a premium and that this can even apply to ASE bullion coins where I've seen variations in strike quality in coins of the same year. Nevertheless, the TPG's really need to be slapped severely for this practice as it only encourages the TV vendors and they, my friends, are doing major damage to the entire hobby and business. Let's say you're a local dealer and dad brings that wonderful collectable coin that mom bought him off of TV.  You get out your grey sheets and quote them a fair price.  Dad's goes nuts and accuses you of ripping him off - because he knows how much momma paid for it -  but alas and alack, not that she overpaid retail by 80%.  Dad stomps away thinking that you're just a crook. er, folks, we do not need this bs.  peace, rono[/QUOTE]