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<p>[QUOTE=&quot;Earle42, post: 2559149, member: 78261&quot;]This thread is a good learning experience for yet another of the typical mistakes people make in assigning the TPGs as being the ultimate sources of factual knowledge in the hobby.</p><p><br /></p><p>The data they list is definitely not a representative of the reality of how rare a coin is.&nbsp; Their data is merely a representation of how many of each of that coin the TPG has handled.&nbsp; What does the data tell us?&nbsp; ONLY that the TPG has been asked to grade more of one than another.&nbsp; It is data only relevant to their own system, not any reality that should be used to influence ideas on what actually exists in the real world.</p><p><br /></p><p>Even if one TPG&#039;s data correlates with another, TPG&#039;s data, no more accuracy is gained about anything except what the TPGs have handles and not coin populations.&nbsp; The numbers also have a to do with psychology on two fronts.&nbsp; The numbers indicate the perception and actions taken by the masses concerning both dates.&nbsp; The numbers also influence people into mistaking the data as applicable to anything but the TPGs data bank itself.&nbsp; </p><p><br /></p><p>There could be (and likely are from mintage records) many, many more 09-S pennies in high grade that TPGs have never seen.&nbsp;&nbsp; People have their own reasons for never wanting someone to pay someone else to grade their coins.&nbsp; in fact some of us still cannot understand why people see a need to pay someone else to grade their coin for them!&nbsp; Authenticity is a good argument until you see where there are slabbed fakes also.</p><p><br /></p><p>To get an accurate grade accepted by &quot;everyone&quot; seems a plausible argument until you see that there can actually exist a business being paid to verify the TPGs did their job by affixing the green bean!&nbsp; And yet people still put their faith in TPGs!</p><p><br /></p><p>New collectors&nbsp; - specially those online - get fed a false idea that TPGs are the main drive behind this hobby, when in fact, there are still many collectors out there who don&#039;t even have one slabbed coin - as a preference.&nbsp; In fact of the collectors I am associated with offline, IF they own a slabbed coin, they only got it b/c after comparing other coins in hand, the one in the plastic had more eye appeal to them.[/QUOTE]</p><p><br /></p>

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