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<p>[QUOTE="GDJMSP, post: 1912825, member: 112"]People seem to think that the TPGs and CAC exist for the good of the hobby, for the good of collectors. As if they do what they do to help us. Well I'm sorry but that just isn't true. They exist for one purpose and one purpose only - to make money. They are businesses and that is why any and all businesses exist. They don't grade coins for your benefit or my benefit, and they don't do it the way that they do it for us either - none of them. They very specifically do it in the way that will make them money right now and continue to make them money in the future.</p><p><br /></p><p>Now is that wrong ? Of course not ! That is their purpose, their sole reason for existence. Is it wrong for a business to make a profit ? To make decisions that will keep them in business and continue to make them a profit ? If it were, then none of them would be in business for very long. </p><p><br /></p><p>How many of you own a business or work at a business ? You all do, every one of you. Unless you are retired, but even then you used to. And where would you be if your business did not make money and do whatever it had to do to continue to make money ? You'd be broke and out of a job, and wishing you had one.</p><p><br /></p><p>So can we wish that they, the TPGs and CAC, did things differently ? Sure, there is an easy solution to get what we, the consumer, want. All of the TPGs, CAC, the ANA, and all of the dealers, and collectors - everybody would have to agree to adopt 1 single set of grading standards, and then stick to it. But if we got it then the TPGs & CAC would soon cease to exist. For soon all of the coins would be graded, except the new ones being made each year. And once they were graded there would be no reason to send them in again because nothing would change, they'd come back graded exactly the same because grading standards were universal and static - unchanging. The TPGs would either go out of business or have to merge into 1 company for there would be no reason to have more than 1 anymore. There would also not be enough business to support more than 1, and a small one at that.</p><p><br /></p><p>Now yeah, that would be great for us, the collectors. But it isn't going to happen, not ever, because no business is ever going to write its own death warrant. That would be stupid.</p><p><br /></p><p>So what do ya do ? Only one thing you can do, learn to grade yourself and ignore what the TPGs and CAC have to say. Decide for yourself if a given coin is worth this much or that much, it's your money not theirs and you control it. You have the final say. And if you want, you can put them out of business because you are the one paying the bills.</p><p><br /></p><p>But is that gonna happen ? Sure it will, when pigs fly.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1912825, member: 112"]People seem to think that the TPGs and CAC exist for the good of the hobby, for the good of collectors. As if they do what they do to help us. Well I'm sorry but that just isn't true. They exist for one purpose and one purpose only - to make money. They are businesses and that is why any and all businesses exist. They don't grade coins for your benefit or my benefit, and they don't do it the way that they do it for us either - none of them. They very specifically do it in the way that will make them money right now and continue to make them money in the future. Now is that wrong ? Of course not ! That is their purpose, their sole reason for existence. Is it wrong for a business to make a profit ? To make decisions that will keep them in business and continue to make them a profit ? If it were, then none of them would be in business for very long. How many of you own a business or work at a business ? You all do, every one of you. Unless you are retired, but even then you used to. And where would you be if your business did not make money and do whatever it had to do to continue to make money ? You'd be broke and out of a job, and wishing you had one. So can we wish that they, the TPGs and CAC, did things differently ? Sure, there is an easy solution to get what we, the consumer, want. All of the TPGs, CAC, the ANA, and all of the dealers, and collectors - everybody would have to agree to adopt 1 single set of grading standards, and then stick to it. But if we got it then the TPGs & CAC would soon cease to exist. For soon all of the coins would be graded, except the new ones being made each year. And once they were graded there would be no reason to send them in again because nothing would change, they'd come back graded exactly the same because grading standards were universal and static - unchanging. The TPGs would either go out of business or have to merge into 1 company for there would be no reason to have more than 1 anymore. There would also not be enough business to support more than 1, and a small one at that. Now yeah, that would be great for us, the collectors. But it isn't going to happen, not ever, because no business is ever going to write its own death warrant. That would be stupid. So what do ya do ? Only one thing you can do, learn to grade yourself and ignore what the TPGs and CAC have to say. Decide for yourself if a given coin is worth this much or that much, it's your money not theirs and you control it. You have the final say. And if you want, you can put them out of business because you are the one paying the bills. But is that gonna happen ? Sure it will, when pigs fly.[/QUOTE]
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