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<p>[QUOTE="Art, post: 19615, member: 568"]WOW! This whole grading/slabbing thing is fascinating to observe. I have never been a big proponent of Grading services. I understand the "need" for them for investors who have no knowledge of coins and do not want to develop any. They want a "trusted impartial" opinion on the quality of the item they want to purchase. Grading services DO fill a portion of that need. </p><p><br /></p><p>The services exist to make a profit and therefore are always suspect on things like the quantity of MS70s they slab. I believe that 99.9% of the people involved in these services are earnest and sincere in their efforts to do an outstanding job. GRADING is not a science. It is an ART. </p><p><br /></p><p>At the same time there are always people who will make a profit by being the grading service "naysayers". Well gosh this is life.</p><p><br /></p><p>I firmly believe that grading is valuable for resale, but the final determinant of quality is the purchaser. Know your coins. Buy what you know- slab or no slab.</p><p><br /></p><p>Please always remember that while numismatics is fun for most of us, for some it is only a means to earn a living.[/QUOTE]</p><p><br /></p>
[QUOTE="Art, post: 19615, member: 568"]WOW! This whole grading/slabbing thing is fascinating to observe. I have never been a big proponent of Grading services. I understand the "need" for them for investors who have no knowledge of coins and do not want to develop any. They want a "trusted impartial" opinion on the quality of the item they want to purchase. Grading services DO fill a portion of that need. The services exist to make a profit and therefore are always suspect on things like the quantity of MS70s they slab. I believe that 99.9% of the people involved in these services are earnest and sincere in their efforts to do an outstanding job. GRADING is not a science. It is an ART. At the same time there are always people who will make a profit by being the grading service "naysayers". Well gosh this is life. I firmly believe that grading is valuable for resale, but the final determinant of quality is the purchaser. Know your coins. Buy what you know- slab or no slab. Please always remember that while numismatics is fun for most of us, for some it is only a means to earn a living.[/QUOTE]
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