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<p>[QUOTE="Leadfoot, post: 604993, member: 2972"]On the sales and/or doctoring side, not the buy side.</p><p><br /></p><p><br /></p><p><br /></p><p>I agree 100%. My point was that it's not like PCGS is leading the way on this issue. I think we agree -- its a game of leapfrog with the TPGs, and the goal is not collector but shareholder value.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I don't think you're in a different world than everyone else, just a bit more optimistic than some when it comes to these things. The point of my post is to temper some of your blind optimism (which I quite frankly admire) with some brutal realism -- the truth is probably somewhere in-between and we must all figure it out on our own.</p><p><br /></p><p>As for your request for a fad that had an extended life then crashed, you only need look back to the roll craze of the 50's and early 60's for an example, and any one of the other markets mentioned above for a more broad failing of collectible markets. In each case it was rapidly increasing supply outpacing demand that destroyed the market, and I would argue with the Mint's hundreds of products, TV infomercials for coins, magazine articles hyping Morgan Dollars as investment vehicles, coin doctor's never ending hunger for money, and TPGs inventing terms like "first strike" for their profit, and that it is exactly where we're headed. </p><p><br /></p><p>But maybe that's just me, being pessimistic. :secret:</p><p><br /></p><p>Take care...Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 604993, member: 2972"]On the sales and/or doctoring side, not the buy side. I agree 100%. My point was that it's not like PCGS is leading the way on this issue. I think we agree -- its a game of leapfrog with the TPGs, and the goal is not collector but shareholder value. I don't think you're in a different world than everyone else, just a bit more optimistic than some when it comes to these things. The point of my post is to temper some of your blind optimism (which I quite frankly admire) with some brutal realism -- the truth is probably somewhere in-between and we must all figure it out on our own. As for your request for a fad that had an extended life then crashed, you only need look back to the roll craze of the 50's and early 60's for an example, and any one of the other markets mentioned above for a more broad failing of collectible markets. In each case it was rapidly increasing supply outpacing demand that destroyed the market, and I would argue with the Mint's hundreds of products, TV infomercials for coins, magazine articles hyping Morgan Dollars as investment vehicles, coin doctor's never ending hunger for money, and TPGs inventing terms like "first strike" for their profit, and that it is exactly where we're headed. But maybe that's just me, being pessimistic. :secret: Take care...Mike[/QUOTE]
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