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<p>[QUOTE="ksparrow, post: 2085999, member: 7638"]And Rick Snow joins the fray, posting an article he wrote about grade inflation of "AU" 1877 IHC's and how that actually drives <i>down </i>prices for accurately grade coins. </p><p><a href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=937943&STARTPAGE=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=937943&STARTPAGE=1" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=26&threadid=937943&STARTPAGE=1</a></p><p><br /></p><p>The message, I think, is <i>know your series</i> and do not rely solely on slab grades and little oval stickers. </p><p><br /></p><p>Let's also remember that the number of available classic coins is <i>finite.</i></p><p>Where else can grades go, but up? The TPGs' are for-profit companies and if they hew the line and don't upgrade anything their profits fall off. They've created registry sets, + and * grade exponents, but ultimately they have to upgrade to stay in the game.[/QUOTE]</p><p><br /></p>
[QUOTE="ksparrow, post: 2085999, member: 7638"]And Rick Snow joins the fray, posting an article he wrote about grade inflation of "AU" 1877 IHC's and how that actually drives [I]down [/I]prices for accurately grade coins. [url]http://forums.collectors.com/messageview.cfm?catid=26&threadid=937943&STARTPAGE=1[/url] The message, I think, is [I]know your series[/I] and do not rely solely on slab grades and little oval stickers. Let's also remember that the number of available classic coins is [I]finite.[/I] Where else can grades go, but up? The TPGs' are for-profit companies and if they hew the line and don't upgrade anything their profits fall off. They've created registry sets, + and * grade exponents, but ultimately they have to upgrade to stay in the game.[/QUOTE]
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