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PCGS PVC Residue Label in Flip
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<p>[QUOTE="GDJMSP, post: 3193724, member: 112"]Already answered - they charged whether they slabbed the coin or not. That was the biggest complaint collectors had back then. They just couldn't get it through their heads that they weren't paying for the slab, they were paying for the service provided.</p><p><br /></p><p><br /></p><p><br /></p><p>A couple reasons, one of which I already explained - they broke their promise to the numismatic community. And they only did it to benefit themselves. Another reason, because there are so many people who don't understand it. They don't realize they are buying a problem coin, they don't realize they are buying a coin that has no grade, they don't realize they are buying a coin that is only worth a fraction of what a problem free example is worth and so they overpay, often grossly so. And it allows the unscrupulous, and there are a lot of them, to do all these things.</p><p><br /></p><p>And perhaps even worst of all, slabbing problem coins has allowed and caused the public to become used to it and accepting of it. To the point that now the TPGs are slabbing and cleanly grading more and more problem coins. Coins that have no business being in a slab at all, let alone a cleanly graded one.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3193724, member: 112"]Already answered - they charged whether they slabbed the coin or not. That was the biggest complaint collectors had back then. They just couldn't get it through their heads that they weren't paying for the slab, they were paying for the service provided. A couple reasons, one of which I already explained - they broke their promise to the numismatic community. And they only did it to benefit themselves. Another reason, because there are so many people who don't understand it. They don't realize they are buying a problem coin, they don't realize they are buying a coin that has no grade, they don't realize they are buying a coin that is only worth a fraction of what a problem free example is worth and so they overpay, often grossly so. And it allows the unscrupulous, and there are a lot of them, to do all these things. And perhaps even worst of all, slabbing problem coins has allowed and caused the public to become used to it and accepting of it. To the point that now the TPGs are slabbing and cleanly grading more and more problem coins. Coins that have no business being in a slab at all, let alone a cleanly graded one.[/QUOTE]
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