Message:

<p>[QUOTE=&quot;GDJMSP, post: 3051165, member: 112&quot;]Ahhhh - same old same old - the same lame excuses used over and over again to try and explain away what has really happened. </p><p><br /></p><p>Hopefully you, with you being anyone who buys into those excuses, remember your history. For example, you do remember don&#039;t you that until 2001 NGC had not graded 1 single coin dated 1965 or later - not 1 ! So until that date they had never graded a 70. And until 2004 PCGS simply refused to grade coins as 70s, except in extremely rare cases. That was company policy. And then, all of a sudden they changed company policy and said, OK, we&#039;ll give &#039;em 70s now. And boy did they !</p><p><br /></p><p>And do you also remember that printed records of all of this exist ? There were numerous articles in the numismatic press about it. There are printed copies of population reports that were published on a regular basis. So it&#039;s quite easy to see exactly when the change in grading standards occurred - and it was in 2004. At then of 2003 the number of coins graded 70 were so low as to be almost nonexistent. But by the beginning of 2005, those published pop reports showed those ultra high percentages of 80% or more of given coins being submitted were being graded as 70s.</p><p><br /></p><p>So do you think the mint managed to change everything in 2004 ? That in all the years prior to that they could never mint a 70 coin, and then suddenly in 2004 they could. Suddenly in 2004 70s became as common as dirt ! Do you think all submitters were suddenly granted the ability to be able to tell a 69 from a 70, literally overnight, and thus only submit 70s for grading ? </p><p><br /></p><p>No, of course that didn&#039;t happen, none of it did. You don&#039;t go from 1 year, and the previous 18 years combined, where less than 1% of business strikes and less than 3% of Proofs had been graded as 70, to the next year with over 80% of them being graded as 70. The one and only way things like that can happen is when the TPGs change company policy and grossly loosen grading standards.</p><p><br /></p><p>Even a company like ANACS, which was the first TPG and had been around since long before any of the others, they had never graded any coin as 70 - not 1. Do you guys remember that too ? And then suddenly - POOF ! - there&#039;s so many 70s around, in everybody&#039;s slabs, that you just can&#039;t hardly believe it.</p><p><br /></p><p>No, there only one explanation for all of it. The TPGs took their grading standards and threw them out the window. And left us with what we have today - in effect, no standards at all. At least that have any meaning.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in