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<p>[QUOTE=&quot;fiddlehead, post: 1202081, member: 31286&quot;]No,no, I don&#039;t think the grading services are out to cheat anyone - I think they are serving a very valuable service to dealers that allow them to get more than the intrinsic value of the coins from customers who believe that value will be stable because the TPG says the coin is special.&nbsp; It&#039;s an old game.&nbsp; It works - for a time.&nbsp; I wouldn&#039;t invest in it myself, but clearly a lot of people do.&nbsp; As one who submits coins to TPG&#039;s it doesn&#039;t surprise me that you&#039;ve been generally pleased with the results.&nbsp; </p><p><br /></p><p>As one who does not, but who buys coins that I study carefully, I&#039;ve pretty much come to the conclusion that in the lower priced market (maybe under $300 or $500) that I will have to pay considerably more for a similar coin that&#039;s been slabbed than one that hasn&#039;t.&nbsp; I can certainly see the value to the collector when it comes to higher end stuff, but in the more plebian market, it&#039;s a rip off for the consumer - not enough increase in actual intrinsic value - and too much variation and subjectivity in the process.&nbsp; A terrific service for the dealer who can double his or her money by submitting coins for grading though - so thus, I&#039;m pretty sure the emperor is naked - unless maybe I&#039;m not so pure of heart as I thought - LOL.[/QUOTE]</p><p><br /></p>

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