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<p>[QUOTE=&quot;ctrl, post: 1470085, member: 13378&quot;]The coin market is not regulated like stocks and bonds.</p><p><br /></p><p>1. The ANA and PNG only have (limited) power over dealers. They don&#039;t regulate the &quot;coin market&quot; in any way imaginable. &quot;State regulations?&quot; Are you serious? There is no &quot;state regulation&quot; over the coin market specifically. &quot;Inter-state commerce laws&quot; apply to everything. There are the usual regulations on businesses, but that is not regulating &quot;the coin market&quot; any more than regulating the &quot;pincushion market&quot;. </p><p><br /></p><p>2. That case you linked to could just as easily have said &quot;cars&quot; instead of coins. There is no mention of anything being graded by a TPG there, and these peoples&#039; intent was solely to deceive. They used very high-pressure tactics to sell cheap coins for false high prices. That has nothing to do with coin grading at all.</p><p><br /></p><p>No one has ever said coin grading was purely objective. Not even the credit rating agencies say their ratings are purely objective, they call them &quot;opinions&quot;.[/QUOTE]</p><p><br /></p>

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