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<p>[QUOTE=&quot;jody526, post: 14307, member: 578&quot;]Pennycase,</p><p><br /></p><p>Just so there&#039;s no confusion about where I stand on third party grading, let me make that clear.</p><p><br /></p><p>In my opinion, there are only three reasons for anyone to pay the extra money for a slabbed coin.</p><p>Either the buyer doesn&#039;t know enough about coins to recognize the condition of them, and doesn&#039;t want to take the time to learn, or the buyer sees coin collecting as some sort of competition in which he believes he has outdone his fellow collectors by obtaining the highest graded coins, or the buyer believes that high grade slabs are a wise investment.</p><p><br /></p><p>Personally, I don&#039;t buy any of that. </p><p>If I see a coin that I am interested in, I examine it to see if there&#039;re any problems. If it seems like what I&#039;m looking for I consider the person I&#039;m buying it from. Are they known for being a scammer, or do they have a good reputation? Then I consider the asking price. Is this coin worth the price to me?</p><p><br /></p><p>Also, let me say that there are many fine folks that collect slabbed coins. This is how they choose to enjoy their hobby, and it is not my intention to knock them. I&#039;m just saying that it doesn&#039;t work for me.</p><p>I was happy with the old system, where you sent your coin to the A.N.A. to have it authenticated.[/QUOTE]</p><p><br /></p>

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