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Message:: [QUOTE="medoraman, post: 978146, member: 26302"]MS70 coins, like others have said, are dangerous for the hobby due to the fact many people will get burned when they learn they have bought overpriced goods that have no hope to get a quarter of their money back. I still say the basis of this hobby is old fashioned collectors who want rare coins. These MS70's sold on tv, etc are not rare by any stretch. I also agree with others comparing them to beanie babies and baseball cards. Both of those fads had incredible prices for Gem Mint, mint tags, whatever. They crashed because there were not enough base collectors, only the speculators waiting to make their "killing". After a few years when it became apparent that no one wanted their goods, a few started selling out, and the market crashed. Now those hobbies have lost tens of thousands or millions of prospective collectors since they have been badly burned. That is what I am afraid of for coin collecting, and I lay the blame at the feet of TPG'ers who slab this crud. They make a buck and the hobby suffers. They know darn well the likelihood of shysterism when they slab modern coins, which is why for 15 years they promised they never would. Every promise ever made to the hobby from TPG'ers has been broken.[/QUOTE]