| Author |
 Replies: 37 / Views: 30,240 |
Page 3 of 3
|
|
|
|
Pillar of the Community
3660 Posts |
Awe come on now buddy, these things have a way of working out.....if things get really bad, or if the government perceives that things need fixing, I'm sure that the TPGs will receive massive amounts of taxpayer bailout money, and then be subsequently federally regulated so that the maximum grading fee will not be more than double the value of the coin. For those individuals who cannot afford to have their coins slabbed, there will be government subsidized grading (just like health care). Of course for those individuals who do not have TPG grading insurance provided by their employer, they will be required to submit their own coins at increased TPG submission rates, but this is something that should be handled at state level rather than by the Federal government. Each state will like assess fees on those individuals who do not submit coins. The bottom line is that all Americans will be entitled to TPG grading, not just those who can afford it. |
|
Pillar of the Community
 United States
870 Posts |
Weyell.... Art... you pose some good points, but you missed one.
The expense of our hobbies IS going up, but it's not necessarily the FAULT of the grading services - it's the fault (just as in racing) of the CHEATERS.
We're seeing another run on phenomenal counterfeiters, counterfeit coins and counterfeit slabs. The grading services were started mainly to determine the authenticity of the coins, not if they were cleaned or not.
And just as in the world of cars, people are starting to place a higher value on a NICE, unmolested example rather than an over-restored trailer queen.
So yes, the price of admission is going up, and more than just at inflationary rates. But you can thank the cheaters who prosper for the cost of playing with cool coins as much as anybody. =)
|
|
Pillar of the Community
3660 Posts |
BTW, RFB, I understood your post, it made perfect sense, and I was only having fun and being silly in my first post. Hope you took no offense.
|
|
Pillar of the Community
3660 Posts |
Excellent point delaner. How much of the cost of comming up with new slabs based on anti-counterfeiting initiatives is passed on to the customer? Little, I would imagine in relationship to the generational importance now being placed on originality. Like you elude to, not messed with, uncleaned...that is what folks want, and those who can afford it, are willing to pay for it.
I keep forgetting what this thread is supposed to be about.....Oh yeah, okay, I'll guess 30 per cent. How close was I?
|
|
New Member
United States
10 Posts |
I understand the humor, was something our president just hasnt gotten around to yet.
I totally agree coin grading started out completely different than what it is used for today
But greed and ways to make more money has changed that.
Edited by Art
07/19/2010 8:19 pm
|
|
New Member
United States
10 Posts |
You can search coin slabs. A couple places sell them, there not that much money.
But the machine that sonic welds the 2 halves together cost a few dollars.
|
|
Pillar of the Community
3660 Posts |
Ahhh, we are going to be friends Art ! (Whether you like it or not). How difficult do you think it might be for us to start up our own TPG?  edited for emotion. Edited by zeewool
07/19/2010 8:31 pm
|
|
New Member
United States
10 Posts |
I actually have the knowledge to run a company, thats all I did all my life.
I have ways of getting the money.
You would have to relocate, cause, I am not going to, lol
We got one major problem, I am a 100% disabled Marine Viet Nam Vet.
I am just to old and have to many medical problems.
If I was 30 years younger, I would give it serious thought.
In 5 years the company would be in the top 3 and growing.
I have never failed at anything I set my mind to since I got out of high school.
Edited by Art
07/19/2010 9:08 pm
|
|
Pillar of the Community
3660 Posts |
You seem to have no shortage of confidence Art. I like that very much. I am 29, but I also do like crusty old rascals, so hang around here please.
|
|
New Member
United States
10 Posts |
Thank You Mr. Zeewool
Well, Mr. Zeewool and anyone else who cares to listen. This is just my opinion, and not a sales pitch for any company. What you do with this information, you do at your own risk.
I see the biggest buying opportunity in gold and silver and if it keeps going down the opportunity even gets bigger.
I see within the next 5 years, probably sooner. Gold at $4000 to $5000 at least $3000 and Silver over $100 a ounce.
Write that down and see if this old man is right. I have been studying this for over a year now and all factors point towards this happening.
Disclosure, I own a lot of gold and silver. Its all in a bank vault, I hope I get to spend some of it. If not my grandchildren will.
Sorry I kinda got off of subject, just a litte thing I wanted to pass along
Edited by Art
07/20/2010 08:50 am
|
|
Pillar of the Community
3660 Posts |
I do not doubt for one minute the trends that you foresee Art, but haven't I seen you on TV commercials for gold investing? Did you really have any actual involvement in the Watergate thing or did Nixon just leave you holding the bag?..... |
|
Pillar of the Community
 United States
2448 Posts |
Oh come on guys, don't leave me hanging. Great discussion! It's hard to believe it was just based on something as simple as dipping a coin, or worse. As to me, to walk into a dealers shop and find a coin, said to be in mint state condition that has wire wheel marks all over it and he swears its a correct grade, is criminal. The heck with that....if it quacks like a duck....so to speak. As someone wisely advised me, someone that has already added to the discussion, get over it and find another coin. You buy the coin, not the holder or the dealer.
|
|
New Member
United States
10 Posts |
Your right Mr Carmykle.
When you go out of your house, you should have a list of coins you need or want. The list should list the coins, what grade you want, and what your willing to pay for each coin. I use the grey sheet to get me close to my bargaining point. What many fail to do is watch both side of a sale, say your looking for a $235 coin, and you fine that coin you really want for $240,+ passed all your little tests and standards. BUY IT. But a lot of people looking for that $235 coin, finds one for $195, WOW#, this guy doesn't know what this coin is worth, I'm going to get a great deal, and steal this coin. Wow your so happy you cant control your self.
Till you get home and really look at the coin. Hey the a small rust spot here, you grab your lupe and see the S has been added to the coin. Or a magnet picks it up. There is no such thing as a "great" deal in coins normally.
And a slabbed coin means only one thing, its a slabbed coin. It still needs to be inspected as best as possible.
Buyer beware
Oh, I forgot to add, anyone buy Gold or Silver off those TV ads isn't a coin collector. The only reason I shared my opinion was I speaking to coin collectors.
Edited by Art
07/20/2010 6:21 pm
|
|
Pillar of the Community
3660 Posts |
Does this mean that that you are under the impression that those five hundred 24kt. gold clad buffalos that I bought weren't such a great deal after all?
|
|
New Member
United States
10 Posts |
No, No, Hold on to them. Those were minted so you can pay your taxes till the year,Oh, I'll have to get back to you on that, they keep changing the date. But that what there for I think, I think.
|
|
Page 3 of 3
|
Replies: 37 / Views: 30,240 |
Page 3 of 3
|
First Page
Previous Page
Posted 07/19/2010 7:42 pm
