Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Think I am gonna go and collect NGC * coins now.
>
Reply to Thread
Message:
<p>[QUOTE="Lehigh96, post: 1583046, member: 15309"]Doug, </p><p><br /></p><p>You know my stance on this issue and I have been very consistent over the years. I am one of the people who vehemently disagree with the mantra of "buy the coin not the slab." Look at your post above, I have bolded the most important word. If a collector does not have numismatic knowledge and grading skills equal to or greater than that of the typical TPG coin grader, how can that mantra possibly be a successful collecting strategy?</p><p><br /></p><p>For the <b>EXPERIENCED</b> collector, the mantra is fine. For novice and intermediate collectors, it is an accident waiting to happen. How many times have you seen a collector post a photo of their newest slabbed acquisition on this forum proclaiming why they think it is undergraded because the surfaces are excellent for the assigned grade? And how many times have you immediately viewed those photographs and immediately understood why the coin was graded lower than the surface preservation level warranted? The fact is that experienced collectors view coins through different glasses than novice/intermediate collectors. Instead of being a mantra, I think it should be a goal for inexperienced collectors to reach. But while they are still learning, they should continue to lean on the crutch provided by the TPG's. I am not saying that TPG graders are infallible, only that the inexperienced collector will make far more mistakes than a TPG grader, especially as it applies to grading.</p><p><br /></p><p>In essence Doug, I am agreeing and disagreeing with you at the same time. I just think that having different guidelines for different levels of experience is a good idea. I hope this clears up the confusion.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1583046, member: 15309"]Doug, You know my stance on this issue and I have been very consistent over the years. I am one of the people who vehemently disagree with the mantra of "buy the coin not the slab." Look at your post above, I have bolded the most important word. If a collector does not have numismatic knowledge and grading skills equal to or greater than that of the typical TPG coin grader, how can that mantra possibly be a successful collecting strategy? For the [B]EXPERIENCED[/B] collector, the mantra is fine. For novice and intermediate collectors, it is an accident waiting to happen. How many times have you seen a collector post a photo of their newest slabbed acquisition on this forum proclaiming why they think it is undergraded because the surfaces are excellent for the assigned grade? And how many times have you immediately viewed those photographs and immediately understood why the coin was graded lower than the surface preservation level warranted? The fact is that experienced collectors view coins through different glasses than novice/intermediate collectors. Instead of being a mantra, I think it should be a goal for inexperienced collectors to reach. But while they are still learning, they should continue to lean on the crutch provided by the TPG's. I am not saying that TPG graders are infallible, only that the inexperienced collector will make far more mistakes than a TPG grader, especially as it applies to grading. In essence Doug, I am agreeing and disagreeing with you at the same time. I just think that having different guidelines for different levels of experience is a good idea. I hope this clears up the confusion.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Think I am gonna go and collect NGC * coins now.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...