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<p>[QUOTE=&quot;Lehigh96, post: 604940, member: 15309&quot;]I don&#039;t see this great rise in doctored AT coins flooding the market.&nbsp; What I see are mostly easily indentifiable AT crap by novices working with chemicals in the garage trying to make a quick buck.&nbsp; The majority of these coins are quickly rejected by the TPG&#039;s and are no threat to the toned coin market.</p><p><br /></p><p>IMO, the biggest threat to the toned coin market would be if NGC followed PCGS&#039;s move to encapsulate every coin submitted.&nbsp; When PCGS started the GENUINE grade, the AT coin doctors knew very well that all of their work was going to end up in PCGS slab.&nbsp; They now had almost no reason not to submit their coins.&nbsp; As a reaction, PCGS had to become much more conservative with regards to the AT vs NT issue.&nbsp; They were forced to abandon their original policy of grading toned coins that they considered &quot;market acceptable&quot; and now must only grade coins they are certain are NT.&nbsp; The ramifications of the this on the market has not taken effect yet.&nbsp; What does this do the coins graded prior to their change in policy?&nbsp; Do they lose value?</p><p><br /></p><p>If NGC were to follow PCGS&#039;s lead, I believe that any rainbow toned coin in an older holder of either TPG would instantly crash in value.&nbsp; If both the leading third party graders change their policy with regards to toned coins, the consumers of toned coins woult lose confidence that the coins graded prior to the policy change are actually NT.&nbsp; If that happens, I am certain the toned coin market will crash, and crash hard.</p><p><br /></p><p>Barring a loss in confidence of the TPG&#039;s to weed out the AT coins, I forsee no crash in the toned coin market, only minor adjustments and fluctuations that are found in any capitalist market.[/QUOTE]</p><p><br /></p>

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