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<p>[QUOTE=&quot;Insider, post: 2647999, member: 24314&quot;]<span style="color: rgb(89, 0, 179)"><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> So sorry, &quot;Net&quot; grading is not the same as grading the coin and stating the problem.&nbsp; If that were the case, Large cent collectors came decades before grading services. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />&nbsp; </span></p><p><span style="color: rgb(89, 0, 179)"><br /></span></p><p><span style="color: rgb(89, 0, 179)">BTW, since we seem to interested in &quot;history,&quot; <b><span style="color: rgb(255, 0, 255)">THE FIRST</span></b> third party <b><span style="color: #ff00ff">grading service</span></b> was the INSAB in Washington DC. (ANACS was the FIRST Authentication Service).&nbsp; INS listed the coin&#039;s actual grade (not net) along with the coin&#039;s attributes and problems on their &quot;In-Depth Grading Analysis&quot; form before the ANA grading guide was published. </span><span style="color: rgb(89, 0, 179)"> I saw a copy of this form published in a <i>Numismatic News</i> grading column two years (?) ago.&nbsp; </span></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><span style="color: rgb(89, 0, 179)">I believe this is also incorrect.&nbsp; PCI was owned by Mary Revels, the wife of a southern coin dealer, Louis Revels.&nbsp; Louis had the idea of slabbing problem coins with a Red Label.&nbsp; I spoke with him once and he said something like:</span>&nbsp; &quot;If I knew how profitable slabbing these coins would be, I should have done it from the beginning.&quot;&nbsp; <span style="color: rgb(89, 0, 179)">As best I can remember.&nbsp; PCI was using Robert Paul&#039;s large photo slab.&nbsp; INSAB used the same product.&nbsp; When PCI bought HALLMARK, their slab changed to the smaller size w/green banknote border labels.</span>&nbsp; <span style="color: rgb(89, 0, 179)">I have samples of these holders in storage.</span></p><p><span style="color: rgb(89, 0, 179)"><br /></span></p><p><span style="color: rgb(89, 0, 179)"></span>[/QUOTE]</p><p><br /></p>

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