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#11
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The whole inter-related marketing mechanism is amazing. People send cards in relying on expertise that has been demonstrated repeatedly to be very limited. Auction houses rely on TPG because it essentially allows them to wash their hands of grading and authenticity issues even though again the system is very flawed. It comes down to the fact that customers vote over and over again that it is more important what the slab says than whether there is really a high level of expertise behind it. As long as slab = liquidity it is going to be this way.
I have really come to think that there is a large group of collectors that don't care at all if the card has been altered as long as it "numbers."
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