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<p>[QUOTE=&quot;GDJMSP, post: 1320902, member: 112&quot;]But that&#039;s my point, it was not just the appearance high grades being assigned to the satin finish coins. Those high grades were also being suddenly being applied to the coins struck in previous years. In early 2004 you could find maybe a handful across the entire spectrum (excluding bullion, Proofs, and commems) that were graded 69. But in 2005 those 69&#039;s started showing up. And in the years that followed they continued to show up. Go look and see how many 69&#039;s there are now. And the only possible, reasonable explanation for that would be that they changed their standards.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>You&#039;re right, it&#039;s not the holder. It&#039;s PCGS themselves. The OGH was used for about 7 years - 1991-1998. And it was in 1998 that PCGS changed their standards. The OGH is merely a tool used for tracking that change because they stopped using them in the same year.</p><p>&nbsp;</p><p><br /></p><p><br /></p><p>And you can count me among them. I have said the same thing many times.</p><p>&nbsp;</p><p><br /></p><p><br /></p><p>Of course it can vary from grader to grader, and it does. But if you think that the graders come into the company and get use their own personal grading standards you are mistaken. The graders are told by the TPG what grading standards they will use, and they have no choice but to use them. That&#039;s why the TPGs use the system they do. Multiple graders (2 or 3 depending on which company it is) have to assign a grade to a coin, and they have to agree on that grade. Then the coin is sent to a finalizer. If the finalizer does not agree with the assigned grade he sends it back to the graders until they assign a grade that meets the standards used by the TPG. This will continue until the graders and the finalizer agree on that assigned grade.</p><p>&nbsp;</p><p><br /></p><p><br /></p><p>I also agree with this.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I am referring to all bullion coins, all Proof coins, and all commem coins. You say that you think changes in grading take place over a long period of time, that it is gradual. Well, that didn&#039;t happen with these. It happened overnight because PCGS changed their standards. As I said, prior to that change, finding even one of these coins in a 70 slab was a rarity. But finding a 70 went from being a rarity to a preponderance of 70&#039;s literally overnight. As soon as that change was made the percentage of coins being graded 70 jumped from a fraction of 1% to as high as 86% of all submissions of that given coin being graded a 70. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>If it was just the satin finish coins that were suddenly being assigned the higher grades, I&#039;d probably even agree with you. But it wasn&#039;t, and it still isn&#039;t. The higher grades are also being assigned to coins dated <u>before</u> 2005. And those grades did not start being assigned until 2005. Go look at the pops, they tell the story.[/QUOTE]</p><p><br /></p>

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