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<p>[QUOTE="Pickin and Grinin, post: 3418777, member: 73995"]I here your point, and wouldn't argue with your statement.</p><p>Who would you say should do this policing? And do you think that this would be good for the Hobby? </p><p>Having a person or authority overlooking every coin doesn't seem beneficial. What does seem beneficial is to have each grading company use the same standards and even the playing field. Only the collectors are going to be able to do this. It starts with collectors refusing to buy the over graded junk put out by any TPG. The problem is that PCGS and NGC have made grading even more subjective than it was when they started, and this confuses the collector that doesn't invest his time into learning to grade for himself. </p><p><br /></p><p>A collector that sees himself selling his coins down the road is going to send his coins to one of the top two TPG's. Does it really matter what grade they put on the slab if it is intended to make a profit?</p><p><br /></p><p>The collector should/will usually have a problem with it, but 99% of the time the dealer won't. They are their to make a profit/sale. And over graded usually means more money, especially to the unsuspecting buyer.</p><p><br /></p><p>If younger/newer collectors would just see that this is a game of profit ad rarely does it benefit them the TPGS would use more discretion and start resorting back to what put them in business to start with. Unless it was only from a money making stand point then they will never change.</p><p>The top two, and more so PCGS has completely gotten away from even their own published standards. How do you police that?</p><p>You really can't because they don't use the standards that put them in business. Each company has formed their own standards, even if that means that putting damaged coins in slabs, even more so changing the very definition of what AU means.</p><p>They have completely thrown the words Gem, Mint state and AU right out the door.<i> T's pretty sad when you think about it.</i></p><p><br /></p><p>I have nothing against SEGS and I really don't know much about them. I say if a collector is looking for an honest grade that fits their own standards then their are probably a few of the lesser popular TPG's that one can use.</p><p><br /></p><p>My only thoughts to this practice is that when it is time to have your collection liquidated. The price that you will receive from a coin is not going to be near the price received from a slab from the top two. Hopefully when using these lesser value TPG's they are doing so only to have the coin authenticated and protected by a slab for their own enjoyment.[/QUOTE]</p><p><br /></p>
[QUOTE="Pickin and Grinin, post: 3418777, member: 73995"]I here your point, and wouldn't argue with your statement. Who would you say should do this policing? And do you think that this would be good for the Hobby? Having a person or authority overlooking every coin doesn't seem beneficial. What does seem beneficial is to have each grading company use the same standards and even the playing field. Only the collectors are going to be able to do this. It starts with collectors refusing to buy the over graded junk put out by any TPG. The problem is that PCGS and NGC have made grading even more subjective than it was when they started, and this confuses the collector that doesn't invest his time into learning to grade for himself. A collector that sees himself selling his coins down the road is going to send his coins to one of the top two TPG's. Does it really matter what grade they put on the slab if it is intended to make a profit? The collector should/will usually have a problem with it, but 99% of the time the dealer won't. They are their to make a profit/sale. And over graded usually means more money, especially to the unsuspecting buyer. If younger/newer collectors would just see that this is a game of profit ad rarely does it benefit them the TPGS would use more discretion and start resorting back to what put them in business to start with. Unless it was only from a money making stand point then they will never change. The top two, and more so PCGS has completely gotten away from even their own published standards. How do you police that? You really can't because they don't use the standards that put them in business. Each company has formed their own standards, even if that means that putting damaged coins in slabs, even more so changing the very definition of what AU means. They have completely thrown the words Gem, Mint state and AU right out the door.[I] T's pretty sad when you think about it.[/I] I have nothing against SEGS and I really don't know much about them. I say if a collector is looking for an honest grade that fits their own standards then their are probably a few of the lesser popular TPG's that one can use. My only thoughts to this practice is that when it is time to have your collection liquidated. The price that you will receive from a coin is not going to be near the price received from a slab from the top two. Hopefully when using these lesser value TPG's they are doing so only to have the coin authenticated and protected by a slab for their own enjoyment.[/QUOTE]
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