What would the hobby look like today if TPG's had been around in 1900?

SanctionII

Your thoughts please.

OKbustchaser

For one, I doubt that I would have ever started.

Goldbully

That was before Dustin Hoffman in the Graduate was told about plastic.


Mr. McGuire: I want to say one word to you. Just one word.
Benjamin: Yes, sir.
Mr. McGuire: Are you listening?
Benjamin: Yes, I am.
Mr. McGuire: Plastics.
Benjamin: Just how do you mean that, sir?

thestig

<< <i>Your thoughts please. >>




Coins would be selling on there own merit, and prices would reflect the collectors opinion, and with research variables according to mintages, and rarity.

American have a tendency to put a price tag on everything, in this case the TPG made the market. Hence the reason why coins will eventually be valued down. Its coined by Ronald reggan, it called trickle down economics.

Most ancient coins are exceedingly rare compared to modern day coinage, and get no respect from the collector valuation.

So one could say TPG is a government, a governing body. If they don't stop dropping prices they will feel the wrath of god.
Government will fall, because of corruption, and bad policy. TPG Better re evaluate the path they are taking.

vplite

<< <i>That was before Dustin Hoffman in the Graduate was told about plastic.


Mr. McGuire: I want to say one word to you. Just one word.
Benjamin: Yes, sir.
Mr. McGuire: Are you listening?
Benjamin: Yes, I am.
Mr. McGuire: Plastics.
Benjamin: Just how do you mean that, sir? >>



Excellent! Isn't all of this MS60 - MS70 stuff relatively new?

IGWT

95% of all coins would fall between the grades of 69.001 and 70.000.

Dentuck

Every piece of Bust coinage would grade MS-65 or better.

SeaEagleCoins

There would no doubt be alot of faded, chipped and cracked holders in need of reholders...and probably way too much PVC damage...

MidLifeCrisis

Registry competition would have started soon after and nobody would be able to afford collecting decent coins now.

Aegis3

Well, there would be slab collectors, that is, those who collected those obsolete holders like some people collect classic commemoratives in original holders. Of course, numerical grading would also be a thing of the past, having in time becoming obvious as being the pseudo-scientific sham that it is.

JoeLewis

We'd be seeing grades like MS 65.0024

People would be sending those in hoping for an upgrade of MS 65.0025!

RedTiger

Two different scenarios:

A) If they used the materials available at the time, and "conservation" techniques of that day, most coins would be ruined by now from the holders and the companies, and original coins would much rarer and be worth moon money.

If some how they had access to 1980 slabbing materials, there would be a lot more coins preserved, and values would be much lower, with many more coins available.

The wildcard is how many slabbed coins would have been spent for face value during the great depression with either scenario.

CaptHenway

Slabs would be made of the finest mahogany........

Doogy

let's see, the way the gradeflation has been going, it usually takes swings up and down every ten years or so. That would mean that we would be in our 11th cycle of roller coaster gradeflation from PCGS and NGC by 2008. Not exactly the kind of thing that would be good for the hobby, and it would show even less consistency than they have now.

If they had been around for the last 100 years, just think of all the marketing nonsense that would have been generated. You think "market grading", "condition rarity moderns" and "first strike" is screw ball, just imagine 8 decades of practice leading up to where we are today. People would be fed up by now, and coin collecting would have gone the way of stamps and beanie babies due to having marketing hoopla rammed down our throats.

CaptHenway

.....and the grades would be printed in Roman numerals.......

RWB

The last three coin collectors left standing would happily gather once a year to pull coins from circulation and put them in cardboard holders they made themselves.

TwoSides2aCoin

Whitman folders would still be blue and some of us would still be collecting widgets unworthy of encapsulation.

GoldenEyeNumismatics

<< <i>

<< <i>Your thoughts please. >>




Coins would be selling on there own merit, and prices would reflect the collectors opinion, and with research variables according to mintages, and rarity.

American have a tendency to put a price tag on everything, in this case the TPG made the market. Hence the reason why coins will eventually be valued down. Its coined by Ronald reggan, it called trickle down economics.

Most ancient coins are exceedingly rare compared to modern day coinage, and get no respect from the collector valuation.

So one could say TPG is a government, a governing body. If they don't stop dropping prices they will feel the wrath of god.
Government will fall, because of corruption, and bad policy. TPG Better re evaluate the path they are taking. >>



the only things TPG's made a market for was high grade moderns. The market was already there for everything else.

Ancients sell for less because demand is less. It's not because they're undervalued or US coins are overvalued... it's simply a matter of demand.

And TPGs will only fail when the coin market itself fails, or when they run out of coins to certify.