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<p>[QUOTE="CoinBlazer, post: 3297169, member: 94776"]In my honest opinion, Major numismatic corporations are turning the US rare coin market into a get rich quick scheme. Here's what I believe is happening. Many people here about the major auction prices for rare coins, then they want to play their hand and see if they can flip for a profit. A large focus point here is how simplified that TPGs have made a coin purchase. Don't know anything about a coin? That's okay, just type in the number on the slab and it'l tell you all you need. All you need to know about grading is that the higher the number, the better. (In most cases.) Authentication is taking a large portion of the challenge of coins and wiping that away. Making it easy for the average Dan (Lucifer, anyone?) to purchase and sell rare coins. Nothing wrong with new Dans joining the hobby but TPGs remove part of the skill and research required to collect coins.</p><p><br /></p><p>Agree? Disagree?[/QUOTE]</p><p><br /></p>
[QUOTE="CoinBlazer, post: 3297169, member: 94776"]In my honest opinion, Major numismatic corporations are turning the US rare coin market into a get rich quick scheme. Here's what I believe is happening. Many people here about the major auction prices for rare coins, then they want to play their hand and see if they can flip for a profit. A large focus point here is how simplified that TPGs have made a coin purchase. Don't know anything about a coin? That's okay, just type in the number on the slab and it'l tell you all you need. All you need to know about grading is that the higher the number, the better. (In most cases.) Authentication is taking a large portion of the challenge of coins and wiping that away. Making it easy for the average Dan (Lucifer, anyone?) to purchase and sell rare coins. Nothing wrong with new Dans joining the hobby but TPGs remove part of the skill and research required to collect coins. Agree? Disagree?[/QUOTE]
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