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Posted 10/17/2017 11:51 pm
Quote:
paxbrit:
I can tell you that this active collector has bought over 100 slabbed banknotes in 2017, and I have returned only ONE of them for grade, and another for undisclosed paper damage.
The 150 raw notes I've bought in 2017, however, have seen numerous returns for grade, undisclosed damage, deceptive photographs, etc, etc, etc. The TPG item acts as a definite bar to chicanery and error by vendors, where grading is seemingly subjective, counterfeits are increasing, and ethics can be spotty. TPG allows me to basically consider price and eye appeal when purchasing, and eliminates the need for a lot of buyer concerns, at least generally.
paxbrit:
I can tell you that this active collector has bought over 100 slabbed banknotes in 2017, and I have returned only ONE of them for grade, and another for undisclosed paper damage.
The 150 raw notes I've bought in 2017, however, have seen numerous returns for grade, undisclosed damage, deceptive photographs, etc, etc, etc. The TPG item acts as a definite bar to chicanery and error by vendors, where grading is seemingly subjective, counterfeits are increasing, and ethics can be spotty. TPG allows me to basically consider price and eye appeal when purchasing, and eliminates the need for a lot of buyer concerns, at least generally.
I agree with this. TPG has legitimatized the online hobby. There's so much chicanery and ineptitude going on, it's hard to trust anyone. It's worth a little extra for the peace of mind of having a TPG back up the grade. And, they also seem to be pretty well insulated from prejudice- that is, giving better grades to coins owned by bigger clients.
As for the OP's question of when to submit, I like to do it when I need to be authenticated. For instance, if I research a variety and think it's right still feels good to have a 3rd party confirm it. And, of course, it's essential for an auction resale.
