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<p>[QUOTE="900fine, post: 740373, member: 6036"]If it's that obvious and irrefutable, the owner should call 'em on their guarantee.</p><p> </p><p>I encourage folks to check the latest Heritage auction for the upcoming Houston sale. One finds many very valuable coins - copper, nickel, silver, and gold - in PCGS Genuine holders - marked cleaned, etc.</p><p> </p><p>Recently, on a thread about an Indian $2.5, I cautioned everyone to beware cleaned coins in full-grade slabs - even from reputable dealers. I'm not saying there are no cleaned coins in slabs.</p><p> </p><p>I am saying the "key date bias" isn't as strong as some think. It is less likely to cover problems than it is to bump a coin a numerical grade. I believe that to be true. Again - check major auctions. 100% chance one will find many valuable coins in problem slabs - the "key date bias" didn't save 'em.</p><p> </p><p>Does a valuable coin have a higher percentage chance of escaping problem status ? Maybe - but again - not as much as some think IMO. If TPGs get called on it, they have a bigger liability.</p><p> </p><p>Let's beware of "black and white" thinking. It's a continuum - a sliding scale. Likelihood and probabilities. Exceptions don't prove the rule; <b>beware of a few examples leading us to go beyond the data</b>. And very few of us, if any, have rigorously analyzed a broad enough sample to come up with a defendable Scientific Method conclusion. Myself included.</p><p> </p><p>IOW - it's my impression and nothing more. An opinion only, not Scientific Method. Others are welcome to their opinions.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 740373, member: 6036"]If it's that obvious and irrefutable, the owner should call 'em on their guarantee. I encourage folks to check the latest Heritage auction for the upcoming Houston sale. One finds many very valuable coins - copper, nickel, silver, and gold - in PCGS Genuine holders - marked cleaned, etc. Recently, on a thread about an Indian $2.5, I cautioned everyone to beware cleaned coins in full-grade slabs - even from reputable dealers. I'm not saying there are no cleaned coins in slabs. I am saying the "key date bias" isn't as strong as some think. It is less likely to cover problems than it is to bump a coin a numerical grade. I believe that to be true. Again - check major auctions. 100% chance one will find many valuable coins in problem slabs - the "key date bias" didn't save 'em. Does a valuable coin have a higher percentage chance of escaping problem status ? Maybe - but again - not as much as some think IMO. If TPGs get called on it, they have a bigger liability. Let's beware of "black and white" thinking. It's a continuum - a sliding scale. Likelihood and probabilities. Exceptions don't prove the rule; [B]beware of a few examples leading us to go beyond the data[/B]. And very few of us, if any, have rigorously analyzed a broad enough sample to come up with a defendable Scientific Method conclusion. Myself included. IOW - it's my impression and nothing more. An opinion only, not Scientific Method. Others are welcome to their opinions.[/QUOTE]
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