Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The "Peter Principle" for Slabbing Coins
>
Reply to Thread
Message:
<p>[QUOTE="NPCoin, post: 400342, member: 5629"]Yes they do! It is well beyond me why anyone would choose to waste their money on changing their plastic coin holders so often. I would personally chose to use the money purchasing books and coins.</p><p><br /></p><p>I guess some could say at least there is a player out there that is making this whole process much cheaper and more enticing to the collector. They go by the acronym of CaC.</p><p><br /></p><p><br /></p><p><br /></p><p>Although not the end result CaC is looking for since they are simply a money maker anyway, and their whole existence is to make money, CaC will play a leading role in bringing this end to fruition.</p><p><br /></p><p><br /></p><p><br /></p><p>I doubt this will ever happen. Virtually every coin in a slab may end up being over-graded by the TPG-CaC cycle, helped enormously by the Crack-enthusiasts. However, I believe that interpreted market forces will drive coins to downgrade (which will come with a price to PCGS) in order to provide for more resubmission fodder.</p><p><br /></p><p>Resubmission fodder will also be created through cross-overs. I can foresee cross-overs automatically downgrading when the scenario you give comes to fruition.</p><p><br /></p><p>It has been said that TPG grading standards have not changed over the years. This could be absolutely true, and there still yet be variances in grades by the same TPG for the same coin. Grading is subjective. And market influences <b>DO</b> affect the grade. So an MS65 today could very well be an MS64 tomorrow, while it had been an MS66 for the past five years.</p><p><br /></p><p>Grading standards do not necessarily change, but market tolerances do. Bring an avid collector from the 19th century and let him have his way with your prized collection. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> You may become horrified by what happens.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 400342, member: 5629"]Yes they do! It is well beyond me why anyone would choose to waste their money on changing their plastic coin holders so often. I would personally chose to use the money purchasing books and coins. I guess some could say at least there is a player out there that is making this whole process much cheaper and more enticing to the collector. They go by the acronym of CaC. Although not the end result CaC is looking for since they are simply a money maker anyway, and their whole existence is to make money, CaC will play a leading role in bringing this end to fruition. I doubt this will ever happen. Virtually every coin in a slab may end up being over-graded by the TPG-CaC cycle, helped enormously by the Crack-enthusiasts. However, I believe that interpreted market forces will drive coins to downgrade (which will come with a price to PCGS) in order to provide for more resubmission fodder. Resubmission fodder will also be created through cross-overs. I can foresee cross-overs automatically downgrading when the scenario you give comes to fruition. It has been said that TPG grading standards have not changed over the years. This could be absolutely true, and there still yet be variances in grades by the same TPG for the same coin. Grading is subjective. And market influences [B]DO[/B] affect the grade. So an MS65 today could very well be an MS64 tomorrow, while it had been an MS66 for the past five years. Grading standards do not necessarily change, but market tolerances do. Bring an avid collector from the 19th century and let him have his way with your prized collection. ;) You may become horrified by what happens.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The "Peter Principle" for Slabbing Coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...