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Houston Investor

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    Do you think there will be (top three) TPG's, 20, 40 years from now?

    in US, World, and Ancient Coins

    Posted · Edited by Parker

    I am skeptical TPG's as we know them will be around in the distant future. Eventually a computerized self grading holder that keeps the coin in stasis will be developed - goodbye the TPG's if they still exist. Or the whole numerical grading system will be overhauled or thrown out altogether. The current coin market has been dead in the water for sometime and many coins, especially ultra grade moderns seem to be trading on the "bigger fool" theory. Then too, the average shelf life of a coin in a TPG holder is around 3-7 yr before oxidation sets in and the coin needs to be busted out and given a dip. Fortunately, I turn my inventory quicker than that.

     

    I think eventually a couple of the 4 major TPG's will either merge or go out of business. Sort of like the combining of the major accounting firms over the last couple of decades.