i would just like to say a bit about third party grading , it has forced a lot of the bad influences out of the coin collecting industry and we are all the better for that.
the laws of supply and demand means we need buyers with money interested in our coins, its essential for the hobby's future.
and TPG does give many people confidence that a coin is real and in good condition.
Remember that people compete in registry sets and pay a premium forthe ultra high grades, but you gotta remeber to that office politics play a part for graders like most other jobs.
imagine a company have five graders who each grade 500 coins per day. After a week the boss looks at the stats, : grader 1 gave out 35/68's, 912/69's and the rest 70's, similar for grder's 2 and 3 and 4 and grader five (for similar coins) gave out 4990/70's and five 69's...
How long would the boss keep this person on the books ?????
their is a time limit on each submission and that is why you must pay extra for the rarer coins , if your coin is worth 99$ you might get a minute of the graders time.
but if your coin is worth 22,000 smackaroos your not going to just get a minute of any graders time, your going to get multiple opinions and arguments before a slab is sealed around a coin that is worth a difference of 7,000$ between one grade or another.
because the management knows their are competitors out their in the marketplace and those pesky little CACstickers;)
on a different note : i love and hate you all !!!
i live in a small place and i also almost live under a rock , i cannot learn to grade coins , in my location i have like five coin shops and recently decided to visit one.
i looked and looked at that dealers junk, and i mean junk ; truly he had modern coins from papua new guinea in his display case and THREE unslabbed 1/4 gold coins i asked to see other stuff and was told everything was on display , to give him a purchase all i could find was a price catalog for $47 !!! ( did not buy )
i showed him one of my slabbed coins i had carried with me for the trip and he replied " you know those things can be faked ", i looked at his three little gold 1/4 coins and thought ' not as easily as those raw coins you have there ' ! ! !
i just thanked him and left and i was half way home when i realised his most likely business model was to buy coins off of unsuspecting suckers...
i cannot grade coins since in my location their is no market and no opportunity to interact or learn to grade and that just sucks, so i am so jealous of you who can walk out your door to a coin show or coin dealer etc. My location gets ONE coin show per year !!! and that is my envy fetish and why i hate you and i love you for participating online ; so a huge thank you also.
all i can do is chat online and enjoy my 70's knowing my decendents will get something worth something into the future, now i am going to go drool over my slabbs
if that fool dealer had of engaged me and treated me as a customer with respect i would have easily put ten thousand dollars through his little shop if he had shown any interest in trying to find out my interests , now i just buy online since their is no other way ; but i do plan on other local dealer visits but make an appointment...
enjoy your personal investment