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The counterfeiting of slabs is getting ridiculous
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<p>[QUOTE="longnine009, post: 26646720, member: 1886"]It's classic Darwin. The fat, dumb and happy get eaten.</p><p><br /></p><p>How would it be today if collectors in the 70's and especially the 80's had not started sniveling and paying others do the dirty work?</p><p><br /></p><p>I was ecstatic when I found out I could just pay ANACS to authenticate coins. There's a photo of my first submission in 1979 in Condor's first book. And then "what's this?" now they'll grade coins too. I don't have be bothered with any of this authentication and grading stuff? Just buy, submit, put a check mark on the list, throw it in the bank box, and wait until I'm rich. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></p><p><br /></p><p>So, what good did it do us? "Buy the coin not the slab." Really? Pay for a graded coin that I still have to grade. Does anyone pay for an oil change and then do it themselves when they get their motor car home?</p><p><br /></p><p>For every collector like the OP ^ who can spot suspect coins and slabs, how many can't and end up getting eaten sooner or later. I'd bet anything it's way more than collectors from the 60's or earlier who had to do it all themselves.</p><p><br /></p><p>Someday we won't have to do anything. Just buy into an ETF. And the mantra will be buy the slab not the digital paper.[/QUOTE]</p><p><br /></p>
[QUOTE="longnine009, post: 26646720, member: 1886"]It's classic Darwin. The fat, dumb and happy get eaten. How would it be today if collectors in the 70's and especially the 80's had not started sniveling and paying others do the dirty work? I was ecstatic when I found out I could just pay ANACS to authenticate coins. There's a photo of my first submission in 1979 in Condor's first book. And then "what's this?" now they'll grade coins too. I don't have be bothered with any of this authentication and grading stuff? Just buy, submit, put a check mark on the list, throw it in the bank box, and wait until I'm rich. :p So, what good did it do us? "Buy the coin not the slab." Really? Pay for a graded coin that I still have to grade. Does anyone pay for an oil change and then do it themselves when they get their motor car home? For every collector like the OP ^ who can spot suspect coins and slabs, how many can't and end up getting eaten sooner or later. I'd bet anything it's way more than collectors from the 60's or earlier who had to do it all themselves. Someday we won't have to do anything. Just buy into an ETF. And the mantra will be buy the slab not the digital paper.[/QUOTE]
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The counterfeiting of slabs is getting ridiculous
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