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<p>[QUOTE=&quot;medoraman, post: 1224222, member: 26302&quot;]Mark, great post of course.</p><p><br /></p><p>One thing that always bothered me about slabs is this exact thought, (even though its correct). If the TPG is just an opinion, what IS the purpose of a slab? Think of it this way:</p><p><br /></p><p>TPG adds a great deal of costs to coin collecting</p><p><br /></p><p>What does &quot;the hobby&quot; get in return? Are the grades always truthful? No. Can a beginner safely buy based upon the slab? No. Can you rely on what is on the slab for identification? No. </p><p><br /></p><p>What does the tens of millions a year paid to TPG buy &quot;the hobby&quot;? Protection from blatant dealer fleecing of beginners and MAYBE protection from forgeries. What is the downside? Common high grade &quot;rarities&quot; people buy at inflated prices on HSN, overreliance on someone else and lack of acquired grading skills, abilities of dealers to sell &quot;rare&quot; high grade common coins, &quot;first strike&quot; bs.</p><p><br /></p><p>Is that really worth all of the millions taken out of the hobby every year? Thats just my take.[/QUOTE]</p><p><br /></p>

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