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The "Peter Principle" for Slabbing Coins
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<p>[QUOTE="Speedy, post: 401407, member: 705"]I have both a new and old copy---something else I do with coins is buy books...old copies, and signed copies.</p><p><br /></p><p>I should have made one thing clear--when I said the Market and then collector I was useing the term collector quite loose. That included investers, etc. While I don't have any numbers I would say that the number of true collectors who really study coins like you and I is quite small. Therefore when I used the term market, in the way that a large ammount of the market has stated something and therefore it is taken, should be true to a large part.</p><p><br /></p><p>Its kindof like an election---there are tons of voters (Collectors/Investors = TOTAL MARKET)--- They vote (buy/sell/trade)---and a person is elected. This doesn't mean that ALL of the market likes who won, or even agrees with them. But a large ammount went that way, so it is taken as the market stander.</p><p><br /></p><p>I feel that the large part of the "coin" world is for the most part, "new", and doesn't have much learning when it comes to things such as grading. Therefore it would be easy to see how such things as market grading would change as we get more and more collectors.</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 401407, member: 705"]I have both a new and old copy---something else I do with coins is buy books...old copies, and signed copies. I should have made one thing clear--when I said the Market and then collector I was useing the term collector quite loose. That included investers, etc. While I don't have any numbers I would say that the number of true collectors who really study coins like you and I is quite small. Therefore when I used the term market, in the way that a large ammount of the market has stated something and therefore it is taken, should be true to a large part. Its kindof like an election---there are tons of voters (Collectors/Investors = TOTAL MARKET)--- They vote (buy/sell/trade)---and a person is elected. This doesn't mean that ALL of the market likes who won, or even agrees with them. But a large ammount went that way, so it is taken as the market stander. I feel that the large part of the "coin" world is for the most part, "new", and doesn't have much learning when it comes to things such as grading. Therefore it would be easy to see how such things as market grading would change as we get more and more collectors. Speedy[/QUOTE]
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