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<p>[QUOTE=&quot;Owle, post: 1470072, member: 22004&quot;]&quot;Collectible coins are not stocks and bonds with associated income, costs, and&nbsp; projected earnings. The coin market is not regulated.&quot;</p><p><br /></p><p>Actually it is regulated.&nbsp; The ANA;&nbsp; the PNG;&nbsp; the grading services;&nbsp; all the state regulations as well as interstate commerce laws.</p><p><br /></p><p>When companies in the past have made the argument that grading is subjective, &quot;no one knows&quot; etc., they have lost in court.</p><p><br /></p><p>&quot;Romano and Kearney&#039;s defense attorneys maintained that their clients operated in good faith, and, in defense attorney&#039;s Bachner&#039;s words, there were &quot;reasonable doubts all over the place&quot; about the value grades of the coins.&quot;</p><p><a href="http://www.newsday.com/long-island/nassau/pair-convicted-in-coin-swindle-1.2954791" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.newsday.com/long-island/nassau/pair-convicted-in-coin-swindle-1.2954791" rel="nofollow">http://www.newsday.com/long-island/nassau/pair-convicted-in-coin-swindle-1.2954791</a>[/QUOTE]</p><p><br /></p>

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