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Think I am gonna go and collect NGC * coins now.
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<p>[QUOTE="Lehigh96, post: 1582081, member: 15309"]I think it is difficult for experienced collectors to put themselves in the shoes of a newbie. And it is almost impossible for them to remember how complex and intimidating this hobby is to novice collectors. It is my personal opinion that the TPG's level the playing field for the novices and helps prevent them from being fleeced quickly. However, I recognize Chris' concern that the TPGs become a crutch that can become a substitute for learning and knowledge. Without the TPGs, uneducated collectors will get fleeced quickly. With the TPGs, uneducated collectors will still get fleeced, it will just take longer.</p><p><br /></p><p>Having said that, I certainly don't consider the TPGs a necessary evil. The benefits provided by TPG authentication and grading far outweigh any evils that they create IMO. To Doug's point "that the only thing that matters is the coin": this is true during the buying process. There is nothing wrong with buying an MS64 in a second tier holder if you can pay MS63 money and you believe the coin warrants a grade of MS63. However, ignoring the liquidity aspect that will arise during the sale process can be problematic if repeated too often. I promise that it is much easier to sell an MS63 in a PCGS MS63 holder than it is to sell an MS63 in an ICG MS64 holder. With respect to liquidity, the plastic the coin resides in is certainly relevant, and IMO should be considered when purchasing a coin.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1582081, member: 15309"]I think it is difficult for experienced collectors to put themselves in the shoes of a newbie. And it is almost impossible for them to remember how complex and intimidating this hobby is to novice collectors. It is my personal opinion that the TPG's level the playing field for the novices and helps prevent them from being fleeced quickly. However, I recognize Chris' concern that the TPGs become a crutch that can become a substitute for learning and knowledge. Without the TPGs, uneducated collectors will get fleeced quickly. With the TPGs, uneducated collectors will still get fleeced, it will just take longer. Having said that, I certainly don't consider the TPGs a necessary evil. The benefits provided by TPG authentication and grading far outweigh any evils that they create IMO. To Doug's point "that the only thing that matters is the coin": this is true during the buying process. There is nothing wrong with buying an MS64 in a second tier holder if you can pay MS63 money and you believe the coin warrants a grade of MS63. However, ignoring the liquidity aspect that will arise during the sale process can be problematic if repeated too often. I promise that it is much easier to sell an MS63 in a PCGS MS63 holder than it is to sell an MS63 in an ICG MS64 holder. With respect to liquidity, the plastic the coin resides in is certainly relevant, and IMO should be considered when purchasing a coin.[/QUOTE]
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Think I am gonna go and collect NGC * coins now.
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