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<p>[QUOTE="KSorbo, post: 1865241, member: 56370"]It hasn't taken me long to come to the same conclusions after reading lots of postings from people with much more experience than I have. However, I think that the low level slabbers will always be in business because it is human nature for everyone to want to think they got a good deal. Just consider that:</p><p>1. Their grading fees are cheaper than PCGS/NGC.</p><p>2. They give out grades that people want to hear and ignore problems with coins that deep down inside the person sending it in knows are there. </p><p>3. The coins in those slabs are cheaper so therefore they must be a bargain.</p><p><br /></p><p>I learned this lesson a while back when I bought a nice looking key date Buffalo in an ANACS slab and thought I was getting a great deal because I only had to pay wholesale bid for it. It didn't seem like such a great deal anymore when I took it home and noticed a huge gash that was hidden in the design. I'm sure whoever sent it in to be slabbed knew the gash was there and knew that it wouldn't pass at PCGS or NGC, so they sent it to ANACS so they could be told what they wanted to hear.[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 1865241, member: 56370"]It hasn't taken me long to come to the same conclusions after reading lots of postings from people with much more experience than I have. However, I think that the low level slabbers will always be in business because it is human nature for everyone to want to think they got a good deal. Just consider that: 1. Their grading fees are cheaper than PCGS/NGC. 2. They give out grades that people want to hear and ignore problems with coins that deep down inside the person sending it in knows are there. 3. The coins in those slabs are cheaper so therefore they must be a bargain. I learned this lesson a while back when I bought a nice looking key date Buffalo in an ANACS slab and thought I was getting a great deal because I only had to pay wholesale bid for it. It didn't seem like such a great deal anymore when I took it home and noticed a huge gash that was hidden in the design. I'm sure whoever sent it in to be slabbed knew the gash was there and knew that it wouldn't pass at PCGS or NGC, so they sent it to ANACS so they could be told what they wanted to hear.[/QUOTE]
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