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The "Peter Principle" for Slabbing Coins
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<p>[QUOTE="bqcoins, post: 400778, member: 5036"]Isn't this why the TPGs created the ms70 and pr70 grades and started handing out to moderns so they could charge tens and hundreds and thousands of percents on markups to the suckers, i mean collectors. Really who in their right mind is paying 50,000 for an ms70 2003 cent. I can still get a shiny unc one out of my change if i look hard enough. I mean sheesh, this is why they created registry sets, so you could say hey my unslabbed 1946 dimes looks better than that 1946 dime slabbed ms67, so I'll submit my dime in hopes of getting a ms68 so I can have the FINEST 1946 DIME. Great, awesome, I've got rolls full of unc 1946 dimes. The nicest looking one is in my collection. I feel no need to pay the 30-50 dollars to slab it and prove I've got the nicest one. Its still just a 1946 dime for cryin out loud. The same goes with all post WWII coinage. WHO CARES if you have the nicest coin, just be happy with what you collect. Don't let the TPGs continue to artificially inflate the coin market on the backs of supergraded bullion coins and moderns.[/QUOTE]</p><p><br /></p>
[QUOTE="bqcoins, post: 400778, member: 5036"]Isn't this why the TPGs created the ms70 and pr70 grades and started handing out to moderns so they could charge tens and hundreds and thousands of percents on markups to the suckers, i mean collectors. Really who in their right mind is paying 50,000 for an ms70 2003 cent. I can still get a shiny unc one out of my change if i look hard enough. I mean sheesh, this is why they created registry sets, so you could say hey my unslabbed 1946 dimes looks better than that 1946 dime slabbed ms67, so I'll submit my dime in hopes of getting a ms68 so I can have the FINEST 1946 DIME. Great, awesome, I've got rolls full of unc 1946 dimes. The nicest looking one is in my collection. I feel no need to pay the 30-50 dollars to slab it and prove I've got the nicest one. Its still just a 1946 dime for cryin out loud. The same goes with all post WWII coinage. WHO CARES if you have the nicest coin, just be happy with what you collect. Don't let the TPGs continue to artificially inflate the coin market on the backs of supergraded bullion coins and moderns.[/QUOTE]
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