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<p>[QUOTE="jolumoga, post: 26780772, member: 41780"]I will defer to you on a lot of this, especially since you know a lot more about high-end foreign coins than me, but there's something I do know about TPGs and auction houses in collectibles generally that needs to be brought up here. TPGs are specialists in grading, whereas auction houses are primarily sellers. They may function in a similar way due to business needs, but their interests differ. Let's examine sports cards. Because auction houses gain a commission on each sale, it's widely believed in the hobby that they are looking the other way to trimmed cards and selling them, even when they have been provided evidence of it. There are also allegations of shill-bidding. Mind you, these are allegations, so I am not saying definitively that this is going on, but the arguments are interesting. So if these controversies are happening in the baseball card hobby, I can't see why they couldn't spill over into coin collecting. I should point out that the TPGs are alleged to look the other way and even encourage card trimming (they also make more money on higher-value cards). So corruption can possibly infect many different parties in a hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 26780772, member: 41780"]I will defer to you on a lot of this, especially since you know a lot more about high-end foreign coins than me, but there's something I do know about TPGs and auction houses in collectibles generally that needs to be brought up here. TPGs are specialists in grading, whereas auction houses are primarily sellers. They may function in a similar way due to business needs, but their interests differ. Let's examine sports cards. Because auction houses gain a commission on each sale, it's widely believed in the hobby that they are looking the other way to trimmed cards and selling them, even when they have been provided evidence of it. There are also allegations of shill-bidding. Mind you, these are allegations, so I am not saying definitively that this is going on, but the arguments are interesting. So if these controversies are happening in the baseball card hobby, I can't see why they couldn't spill over into coin collecting. I should point out that the TPGs are alleged to look the other way and even encourage card trimming (they also make more money on higher-value cards). So corruption can possibly infect many different parties in a hobby.[/QUOTE]
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