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Is this gold coin real or made to deceive?
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<p>[QUOTE="A100JS, post: 4222897, member: 18573"]Encapsulation is the way of the future for collectibles. There's no denying it. The money that the grading services earn is insignificant as sales of high-demand graded collectibles continue to <b>shatter previous record prices</b>, earning big bucks for the sellers. I have experienced dealer tricks first-hand over the years: resealing of sportscard packs after the stars have been switched-out, showing a seller values from a badly outdated collectibles price guide, counterfeits, not disclosing restorations, and so on. </p><p><br /></p><p>So to bring up fraud with regard to grading services is ironic, as the authentication & 3rd party grading have eliminated all of those old concerns. I would rather deal with the infinitesimal chance that an encapsulation is a Chinese fake than to trust a seller without question who is offering an expensive raw collectible. The fact that all record-breaking sales involve encapsulated collectibles is evidence that buyers have confidence in their purchases. Better to be "fleeced" as a result of grading fees and auction premiums than to have transactions where a 3rd party has not evaluated the item. You will <b>not</b> find price guide values for post-1970 comics in the quarter-million dollar range -- yet a CGC 9.8/10 specimen has achieved that. I'm sure the seller feels like he's been "fleeced" by CGC...?[/QUOTE]</p><p><br /></p>
[QUOTE="A100JS, post: 4222897, member: 18573"]Encapsulation is the way of the future for collectibles. There's no denying it. The money that the grading services earn is insignificant as sales of high-demand graded collectibles continue to [B]shatter previous record prices[/B], earning big bucks for the sellers. I have experienced dealer tricks first-hand over the years: resealing of sportscard packs after the stars have been switched-out, showing a seller values from a badly outdated collectibles price guide, counterfeits, not disclosing restorations, and so on. So to bring up fraud with regard to grading services is ironic, as the authentication & 3rd party grading have eliminated all of those old concerns. I would rather deal with the infinitesimal chance that an encapsulation is a Chinese fake than to trust a seller without question who is offering an expensive raw collectible. The fact that all record-breaking sales involve encapsulated collectibles is evidence that buyers have confidence in their purchases. Better to be "fleeced" as a result of grading fees and auction premiums than to have transactions where a 3rd party has not evaluated the item. You will [B]not[/B] find price guide values for post-1970 comics in the quarter-million dollar range -- yet a CGC 9.8/10 specimen has achieved that. I'm sure the seller feels like he's been "fleeced" by CGC...?[/QUOTE]
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