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January 7, 2009
Third Party Grading Companies - Part 3
NGC MS62 Canada 1966 Voyageur Dollar
The Advantages of TPG Graded Coins
Given that a TPG is truly independent and professionally run by experienced coin graders there are definite advantages in purchasing coins graded by such companies.
- You can be more assured of the grade of a TPG graded coin.
- You can be more confident when purchasing a coin sight unseen or just on the basis of images. This is especially important in the age of the internet and online coin auctions.
- Coins are securely protected inside of the coin slabs, safe from physical and environmental damage.
- The tamper proof slabs lessen the likelihood of coin swapping by unscrupulous dealers.
- You can be more assured of the coins value on the basis of it's grade. Some of the TPG's provide price guides on the basis of coin grades.
- You can be more assured of the coins authenticity and lack of problems if it gets into a slab.
There is no doubt that TPG grading makes for a more liquid and more confident coin market. However, TPG's are not without their problems and I will discuss this further in part 4 of this series.
Posted by mnemtsas at January 7, 2009 7:25 AM
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