What is "gradeflation"

Discussion in 'Coin Chat' started by Half Dollar*, Nov 5, 2008.

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  1. rzage

    rzage What Goes Around Comes Around .

    To me grade inflation is when the dealer just sells the coin he told you was ExF-AU to somebody as MS .
    rzage
     
    rzage, Nov 6, 2008
    #21 + Quote Reply
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  3. Half Dollar*

    Half Dollar* Numismaniac

    I did some searching & and found this http://www.caccoin.com/?cat=3 interview with the president of CAC, John Albanese. It's kind of a commercial for CAC, but there still some good info.
     
    Half Dollar*, Nov 6, 2008
    #22 + Quote Reply
  4. rzage

    rzage What Goes Around Comes Around .

    Good information everyone shoult take the time to read , thanks .
    rzage:)
     
    rzage, Nov 6, 2008
    #23 + Quote Reply
  5. GDJMSP

    GDJMSP Numismatist Moderator

    It changed in the 6th edition of the ANA standards. Only 1 other grade change, for Lincolns, in a single grade, in the entire book.

    It still does for ANA standards.
     
    GDJMSP, Nov 6, 2008
    #24 + Quote Reply
  6. Leadfoot

    Leadfoot there is no spoon

    Gradeflation is a mechanism to ensure TPG (and crackout artist's) revenue.
     
    Leadfoot, Nov 7, 2008
    #25 + Quote Reply
  7. Hobo

    Hobo Squirrel Hater

    I got my copy Friday. (Bought mine at the ANA Bookstore.) I have only flipped through it so far but it looks like it has a LOT of great information and advice for the novice to the expert.

    Thanks for the recommendation.
     
    Hobo, Nov 23, 2008
    #26 + Quote Reply
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