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You vs PCGS: Guess the Grade of 1887 Morgan
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<p>[QUOTE="medoraman, post: 2054447, member: 26302"]Yes sir. I freely admit the market was a scary place for a novice before. Lots of shady dealers, overgraded coins, etc. For novice collectors do I prefer 1978 over 2015? No, I don't. 1978 was a brutal period for those who didn't do their homework, but 2015 is no walk in the park either. Sure you can get slabbed coins. That will guarantee they are authentic and even though many are overgraded at least they will not be cleaned, damaged, etc. So that part is fair. I do not deny that.</p><p> </p><p>What about all of these newbies being sold MS69 and MS70 modern coins though? Don't you feel they will be getting taken to the cleaners? I fear for that. Even though its not the TPG's selling them, they are facilitating it by slabbing modern coins.</p><p> </p><p>My other fear is because of slabs most collectors never learn anymore how to authenticate and grade for themselves. They look at what the plastic says, and don't bother studying coins. What will happen when their plastic protection blanket itself gets counterfeited? I fear collectors will be far worst off.</p><p> </p><p>Maybe its just wishful yearnings of someone who has been around the hobby for years and saw it play out. I just wish the TPGs would grade to ANA standards. If they did, I truly would be an advocate, at least for modern coins. As it is, I got fed up with it and moved to ancient coins.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2054447, member: 26302"]Yes sir. I freely admit the market was a scary place for a novice before. Lots of shady dealers, overgraded coins, etc. For novice collectors do I prefer 1978 over 2015? No, I don't. 1978 was a brutal period for those who didn't do their homework, but 2015 is no walk in the park either. Sure you can get slabbed coins. That will guarantee they are authentic and even though many are overgraded at least they will not be cleaned, damaged, etc. So that part is fair. I do not deny that. What about all of these newbies being sold MS69 and MS70 modern coins though? Don't you feel they will be getting taken to the cleaners? I fear for that. Even though its not the TPG's selling them, they are facilitating it by slabbing modern coins. My other fear is because of slabs most collectors never learn anymore how to authenticate and grade for themselves. They look at what the plastic says, and don't bother studying coins. What will happen when their plastic protection blanket itself gets counterfeited? I fear collectors will be far worst off. Maybe its just wishful yearnings of someone who has been around the hobby for years and saw it play out. I just wish the TPGs would grade to ANA standards. If they did, I truly would be an advocate, at least for modern coins. As it is, I got fed up with it and moved to ancient coins.[/QUOTE]
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