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<p>[QUOTE=&quot;beef1020, post: 1224036, member: 24544&quot;]Mike, I think it may be the tone because I don&#039;t see much you have written that I disagree with.&nbsp; My title questions why people like NGC so much, and you seem to agree, there is not much to like about them.</p><p><br /></p><p>To some of your points.&nbsp; NGC said they would not do anything about the 1851 N9 attributed as N36, and if you look at the diagnostics it&#039;s a bad mistake.</p><p><br /></p><p>I have learned the lesson, their grades are worthless, I rarely buy slabbed coins.&nbsp; I was pointing out how worthless they are, I think we are on the same page.&nbsp; In fact, I think they are so worthless that I crack all my coins out, even the MS ones.</p><p><br /></p><p>I put more trust in both the attribution and grading consistency that Bob does then any TPG company.&nbsp; It&#039;s a great comparison, he does it for free, people pay I don&#039;t even know how much to get it done by NGC/PCGS. I would not expect him to guarantee his attribution, it was not a professional opinion that you paid money for.</p><p><br /></p><p>Maybe the last part is the disagreement, but it&#039;s one of degree not substance. The TPGs, and NGC in particular with their variety attribution, are not just voicing their opinion.&nbsp;&nbsp; They are being paid to perform a service which they should stand behind, and they don&#039;t.&nbsp; </p><p><br /></p><p>Last thing, and it&#039;s always important to think about.&nbsp; The incentives for all these TPG companies is screwed up, which I think drives the general grading inflation over time.&nbsp; Once they have a broad base of graded coins, it&#039;s just too enticing to inflate the grade by one level.&nbsp; They get to regrade every coin they previously graded as people look to resubmit their coins to get the now inflated better grade.&nbsp; You can see this dynamic at work with the premiums that OGH still bring.[/QUOTE]</p><p><br /></p>

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