The reason I personally believe third party authentication services are necessary in many hobbies... Prior to advent of CGC grading and authentication services, collectors, buyers, and sellers were at the mercy of the marketplace. There was a clear possibility of a conflict of interest as a seller would benefit from exaggeration of the condition to inflate the value and thus increase profits. Likewise a buyer could dispute the condition of a book with the intention of purchasing at a lower price.
Posted on: Thu, 20 Mar 2014 13:58:32 +0000
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