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<p>[QUOTE=&quot;NPCoin, post: 356708, member: 5629&quot;]The practice of &quot;self-slabbing&quot; is the practice of taking &quot;personal&quot; inventory, assigning a grade and claiming authenticity of the coin, and presenting the coin in a &quot;slab-like&quot; holder, sealed and, in some way no matter how minimal, tamper-proofed.</p><p><br /></p><p>I see nothing inherently wrong about this practice.&nbsp; If that is the case, then the only difference (and thus the &quot;inherently wrong&quot; portion of self-slabbing), is the fact that the coin is provided by directly by the &quot;grader&quot; with a self-slabber, but provided by a third party with TPGs.&nbsp; You then go on to say that the &quot;coins are overgraded to the point that the grading and any certification is meaningless&quot; indicating that the grade and/or grading standard is a difference.</p><p><br /></p><p>There are many TPGs out there that grossly over-grade.&nbsp; There have been historically, and there will continue to be some now and in the future.&nbsp; A self-slabber is not a TPG and a TPG is not a self-slabber.&nbsp; The difference does not come about by grade differences, but by the source of the coin.&nbsp; By definition, a TPG grades coins from third parties, whether they are graded in accordance with what you agree with or vastly over-grade, they are still a TPG.</p><p><br /></p><p>A self-slabber, on the other hand, grades his OWN coins.&nbsp; A self-slabber can ACT like a TPG by accepting third party submissions, but the fact that they slab their own, personally owned coins, makes them a self-slabber.</p><p><br /></p><p>I do not see how there is anything inherently wrong in selling your own coin as a grade that you determine.&nbsp; This is absolutely no different from what a brick and mortar dealer does in his establishment when he writes a grade on the cardboard holders.&nbsp; There is nothing inherently wrong with a dealer doing that.&nbsp; If you do not agree with what he assigns for a grade for the coin, then haggle him down, or simply do not purchase.</p><p><br /></p><p>What is inherently wrong is when people invest in something without having knowledge of what they are actually doing.&nbsp; Knowledge is the most important possession in this industry.&nbsp; And it should be shared, nourished in the individual, and encouraged in the community.</p><p><br /></p><p>Too many things are given tags and encompassed into stereo-types, and hyped with propaganda to sway opinion.&nbsp; Yet, the blind eye always seems to be turned by so many when the very thing we cry out against is what is billboarded in our own backyard.</p><p><br /></p><p>Over-grading?&nbsp; Meaningless designations?&nbsp; I see the TPGs and I see it more.&nbsp; Yet, less blatantly.&nbsp; A dead body buried in the back yard makes it no less a crime than a dead body in the middle of the street where everyone can see.[/QUOTE]</p><p><br /></p>

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