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<p>[QUOTE="chip, post: 789548, member: 19122"]I appreciate your outlook. But unfortunately, or fortunately investors are always looking for places to park their money where they can make more money. The TPGs arose mainly because so many investors who bought gem bu coins and were assured they were worth x amount when they went to sell them found they had au coins and the amount was considerably less than they thought. </p><p><br /></p><p>Grading is subjective, but investors want some sort of guarantees that the coin they bought is not going to be discounted because it was cleaned or whizzed. Fortunately the influx of investors can help collectors to make money during a recession time, other collectables also have come under the plasticized slabbed sway of third party grading companies.</p><p><br /></p><p>To me one of the fun parts of the hobby is talking to seasoned collectors who let me in on some of the finds they have made, and some of the happenings in the course of their hobbies. I wish I had talked to my dad more about the hobby, we talked about all sorts of things but that subject rarely came up. </p><p><br /></p><p>I have tried to rely more on trustworthy dealers and fellow collectors to assemble my collection more than on tpgs, it seems to me that if you talk to people you can get a pretty good idea if they are honest or kind of slippery. Plus the talking helps me to learn sort of thru osmosis.[/QUOTE]</p><p><br /></p>
[QUOTE="chip, post: 789548, member: 19122"]I appreciate your outlook. But unfortunately, or fortunately investors are always looking for places to park their money where they can make more money. The TPGs arose mainly because so many investors who bought gem bu coins and were assured they were worth x amount when they went to sell them found they had au coins and the amount was considerably less than they thought. Grading is subjective, but investors want some sort of guarantees that the coin they bought is not going to be discounted because it was cleaned or whizzed. Fortunately the influx of investors can help collectors to make money during a recession time, other collectables also have come under the plasticized slabbed sway of third party grading companies. To me one of the fun parts of the hobby is talking to seasoned collectors who let me in on some of the finds they have made, and some of the happenings in the course of their hobbies. I wish I had talked to my dad more about the hobby, we talked about all sorts of things but that subject rarely came up. I have tried to rely more on trustworthy dealers and fellow collectors to assemble my collection more than on tpgs, it seems to me that if you talk to people you can get a pretty good idea if they are honest or kind of slippery. Plus the talking helps me to learn sort of thru osmosis.[/QUOTE]
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