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Your Steps Ain't Full, Buddy.
in US, World, and Ancient Coins
Posted
I found this thread while trying to find out what the hell a RNBO sticker was. Seems that there are 20+ designations by the MAC people.
With regard to the original post - it leaves me wondering. NGC will certify the coin as 5FS and 6FS. I my estimation, it leaves the 4 step designation as a gimmick to take advantage of the uninformed. Isn't that the PRIMARY reason that TPG came about?
I watch people bid the hell out of CAC stickered coins. It is often irrational. The Greysheet people now have a special publication to price CAC coins. As the kids would say WTF. If TPG is accurate (I submit it usually is) then what you are doing is paying extra for a second opinion.
Curiously, it doesn't end there. There is a market for labels in coin holders. Is a perfect coin any more perfect when it has a first day of issue label????