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The "Peter Principle" for Slabbing Coins
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<p>[QUOTE="Cloudsweeper99, post: 400360, member: 3011"]I don't think the TPGs will ever run out of coins to slab or re-slab, but it seems likely that if they do nothing, the business will reach a point where it levels off and perhaps declines [if it hasn't already]. Then, they will either have to be satisfied with a smaller volume of business, lower the cost and their profits to attract lower value coins, or find new ways to get people to want to reholder their already slabbed coins. Holding out the possibility of higher grades has limits. Maybe the slab itself will have to be redesigned and improved enough to justify the cost and effort. Maybe they can add a magnification lens, or internal lighting [this is humor if it isn't obvious], or throw in a free but undetected cleaning to improve eye appeal, or who knows what the marketing people will think up. The only certainty is that if they do nothing, the business, like all businesses, will eventually decline.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 400360, member: 3011"]I don't think the TPGs will ever run out of coins to slab or re-slab, but it seems likely that if they do nothing, the business will reach a point where it levels off and perhaps declines [if it hasn't already]. Then, they will either have to be satisfied with a smaller volume of business, lower the cost and their profits to attract lower value coins, or find new ways to get people to want to reholder their already slabbed coins. Holding out the possibility of higher grades has limits. Maybe the slab itself will have to be redesigned and improved enough to justify the cost and effort. Maybe they can add a magnification lens, or internal lighting [this is humor if it isn't obvious], or throw in a free but undetected cleaning to improve eye appeal, or who knows what the marketing people will think up. The only certainty is that if they do nothing, the business, like all businesses, will eventually decline.[/QUOTE]
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