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<p>[QUOTE="Tall Paul, post: 26771660, member: 114635"]I like the TPGs because I do not have a lot of confidence in my grading skills nor do I have strong skills in proving whether or not a coin is genuine. So for me it's about instilling confidence that the TPG will be correct most of the time.</p><p><br /></p><p>I do agree that grading modern coins is silly but since I don't buy them I don't really care, other than the fact that a lot of the TPG time is used to grade these modern issues, ASEs etc. leading to waiting months for other coins to be graded.</p><p><br /></p><p>I also agree that the auction houses commissions have gotten crazy. As a resident of NY I not only pay a healthy price due to commissions from Stacks and Heritage, but I also get dunned for sales tax at 8.75% plus shipping costs on which I also pay sales tax. All these charges add about 40% to the hammer price. At least some auctions like Great Collections ~12.5% and Davisson's 0% are much more reasonable.</p><p><br /></p><p>I am fortunate that most of my numismatic itches have been scratched and there are not a lot of coins or paper that I "need" to complete suites/sets.[/QUOTE]</p><p><br /></p>
[QUOTE="Tall Paul, post: 26771660, member: 114635"]I like the TPGs because I do not have a lot of confidence in my grading skills nor do I have strong skills in proving whether or not a coin is genuine. So for me it's about instilling confidence that the TPG will be correct most of the time. I do agree that grading modern coins is silly but since I don't buy them I don't really care, other than the fact that a lot of the TPG time is used to grade these modern issues, ASEs etc. leading to waiting months for other coins to be graded. I also agree that the auction houses commissions have gotten crazy. As a resident of NY I not only pay a healthy price due to commissions from Stacks and Heritage, but I also get dunned for sales tax at 8.75% plus shipping costs on which I also pay sales tax. All these charges add about 40% to the hammer price. At least some auctions like Great Collections ~12.5% and Davisson's 0% are much more reasonable. I am fortunate that most of my numismatic itches have been scratched and there are not a lot of coins or paper that I "need" to complete suites/sets.[/QUOTE]
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