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<p>[QUOTE="Drusus, post: 448731, member: 6370"]Well if most people dont know what they are doing and are bound to fail then its not so bad...unfortunately the reality of the situation is people do indeed buy coins, get them slabbed, relist them at a premium (with or without slab they will do this, but slab helps boost the price most) and someone will buy it...because, as you say... 'what they dont know...' is why people can make money buying, slabbing, flipping for more money...Those people will figure the extra price for the authenticity 'guarantee' ...or simply wont know what the coin is worth in the first place so now that person will not sell the coin for less, etc..etc...Sthey wont take the hit as they can pass it on at a profit to someone else that hasnt learned that lessen. There are plenty of people eeking that extra buck quite well using grading and slabbing. </p><p> </p><p>Certainly there will always be people a person can sell a coin to at twice the worth or more...in the end you don't need the slab but it helps for implied security. In the end though...if there is a market for it then, and people will buy this way, then you can hardly blame them for getting all they can <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Drusus, post: 448731, member: 6370"]Well if most people dont know what they are doing and are bound to fail then its not so bad...unfortunately the reality of the situation is people do indeed buy coins, get them slabbed, relist them at a premium (with or without slab they will do this, but slab helps boost the price most) and someone will buy it...because, as you say... 'what they dont know...' is why people can make money buying, slabbing, flipping for more money...Those people will figure the extra price for the authenticity 'guarantee' ...or simply wont know what the coin is worth in the first place so now that person will not sell the coin for less, etc..etc...Sthey wont take the hit as they can pass it on at a profit to someone else that hasnt learned that lessen. There are plenty of people eeking that extra buck quite well using grading and slabbing. Certainly there will always be people a person can sell a coin to at twice the worth or more...in the end you don't need the slab but it helps for implied security. In the end though...if there is a market for it then, and people will buy this way, then you can hardly blame them for getting all they can :)[/QUOTE]
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