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Message:: [QUOTE="Lehigh96, post: 577929, member: 15309"]While I agree with your basic premise that the encapsulation and grading of very common coins is way overdone, your exaggeration of slab counterfeiting and downplaying of the value of the authentication and grading service provided by TPG's hurts the credibility of your opinion.  I admire your passion about the issue, but it can easily be perceived as that of a lunatic fringe. Furthermore, a statehood quarter (any issue) in MS70 would be worth thousands of dollars not $100.  Like most other business strike coins, they are extremely rare in any grade above MS67.  If you don't believe me, check the population reports. I agree with Ben's approach to slabbing coins except I use the $200 rule instead of $300.  The only addition I would make is about rainbow toned coins.  With the number of coin doctors, they need to be encapsulated to assure the buyer that the coin's toning is market acceptable in the eyes of the TPG. For those people who really hate TPG's, ask yourself this question.  If you are going to purchase a $10K coin, do you want it to be raw or slabbed?  As a follow up question, why?[/QUOTE]