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<p>[QUOTE="TypeCoin971793, post: 2677932, member: 78244"]I went to a coin show today, and this was the first time I interacted with most of the dealers there. It struck me as completely odd and interesting that the rudest/sleaziest dealers were the ones that were completely dependent on TPGs. Is this a thing?</p><p><br /></p><p>Two main examples:</p><p><br /></p><p>1. This dealer has an invetory that was 99% made up of certified coins. After asking about a couple coins that seemed misgraded, it became apparent that this dealer viewed graders as some sort of gods unreachable by us mortals except for people like himself. I showed him a few coins I had for opinions (two were in "Details" slabs, of which one was misgraded in my opinion). He then poo-pooed them and started glorifying his own coins and trying to explain why I should buy his over the ones I had. When I asked him about the PL surfaces on my trade dollar (Unc details, Cleaned), he said that since NGC did not designate PL on the holder, the surfaces were not PL (ignoring the fact that the mirrors are 3-5" on both sides). When asked what it was worth, he said that PL surfaces on trade dollars never bring premiums (lie), and that the coin was worth around $225.</p><p><br /></p><p>2. I showed another dealer my 1807/6 large cent to sell (graded VF details by the forum). He seemed to do a lot of research in grading/pricing/attribution while I looked at his other inventory. When he seemed complete I asked him what he thought of it, and he called it G details. Even after showing him photograde, he still insisted on it being G unless it was certified. This also happened with my local coin dealer, but they had no idea what they were doing.</p><p><br /></p><p>As is common with all shows I go to, be careful of the raw coins. There are many cleaned coins masquerading as originals (one dealer was explicitly describing his obviously-cleaned coin as an original), EFs as AUs, AUs as UNCs, and whizzed as UNCs. Be careful. If there is a pattern of overgrading, then it might be best to pass.</p><p><br /></p><p>I apologize for the rant. Sometimes I feel insulted and just need to vent.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 2677932, member: 78244"]I went to a coin show today, and this was the first time I interacted with most of the dealers there. It struck me as completely odd and interesting that the rudest/sleaziest dealers were the ones that were completely dependent on TPGs. Is this a thing? Two main examples: 1. This dealer has an invetory that was 99% made up of certified coins. After asking about a couple coins that seemed misgraded, it became apparent that this dealer viewed graders as some sort of gods unreachable by us mortals except for people like himself. I showed him a few coins I had for opinions (two were in "Details" slabs, of which one was misgraded in my opinion). He then poo-pooed them and started glorifying his own coins and trying to explain why I should buy his over the ones I had. When I asked him about the PL surfaces on my trade dollar (Unc details, Cleaned), he said that since NGC did not designate PL on the holder, the surfaces were not PL (ignoring the fact that the mirrors are 3-5" on both sides). When asked what it was worth, he said that PL surfaces on trade dollars never bring premiums (lie), and that the coin was worth around $225. 2. I showed another dealer my 1807/6 large cent to sell (graded VF details by the forum). He seemed to do a lot of research in grading/pricing/attribution while I looked at his other inventory. When he seemed complete I asked him what he thought of it, and he called it G details. Even after showing him photograde, he still insisted on it being G unless it was certified. This also happened with my local coin dealer, but they had no idea what they were doing. As is common with all shows I go to, be careful of the raw coins. There are many cleaned coins masquerading as originals (one dealer was explicitly describing his obviously-cleaned coin as an original), EFs as AUs, AUs as UNCs, and whizzed as UNCs. Be careful. If there is a pattern of overgrading, then it might be best to pass. I apologize for the rant. Sometimes I feel insulted and just need to vent.[/QUOTE]
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