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<p>[QUOTE=&quot;Lehigh96, post: 1075562, member: 15309&quot;]Mine,</p><p><br /></p><p>The other aspects of grading are an evolution of the grading process and aspects of market grading.&nbsp; When a TPG grades an Morgan Dollar with MS64 surfaces and dramatic rainbow toning as an MS65, essentially they are saying that the eye appeal of the coin is such that the market should treat the coin as an MS65.&nbsp; I don&#039;t agree that they should or need to do this, but I understand the reasoning and how it came about.&nbsp; In other words, it is logical as are all of the other changes that we have discussed.</p><p><br /></p><p>What is not logical is for a TPG to offer a grade guaranty on the coins they grade and then intentionally loosen their grading standards over time with the plan to simply tighten the standards in the future once the public no longer accepts the grades.&nbsp; Once the standards are tightened, they are on the hook for financial compensation for any coin that was graded during the period with looser standards and they would have damaged their grading repuation in the process.&nbsp; Until you can explain how the TPG&#039;s plan to handle that issue, your theory is completely illogical.&nbsp; </p><p><br /></p><p>The TPG&#039;s have stated publicly that gradeflation is a serious problem that threatens their business.&nbsp; You seem to think that they intentionally cause gradeflation to make a quick buck.&nbsp; Which one is it?&nbsp; Based on the sniffer program and plus grades announced this year, it appears that the TPG&#039;s recognize gradeflation as a problem and have taken steps to combat it.&nbsp; There isn&#039;t much they can do about the coins that have already upgraded, but now when they get a PQ MS64/Low end MS65 they have the option to give the coin MS64+.&nbsp; It may not completely eliminate gradeflation, but it will slow it down.</p><p><br /></p><p>So you have decided to use the courtroom trick that if a witness testifies and is found to have lied, then his entire testimony is tainted.&nbsp; I fail to see how market grading a coin with roll friction as mint state is a lie.&nbsp; And while we are playing lawyer, what is the motive for the TPG&#039;s to change their numerical grading standards.&nbsp; You have stated that they do it in order to ensure resubmissions.&nbsp; However you also admit that those changes would result in gradeflation and eventually require a standard correction which would cost the company money under the grade guaranty clause.&nbsp; That eliminates the financial motive.</p><p><br /></p><p>Furthermore, how do the TPG&#039;s instruct the graders to loosen their standards?&nbsp; VERBALLY?&nbsp; If there was any written policy changes in this regard, a whistleblower scenario would be created instantly.</p><p><br /></p><p>So you want a 100% assurance that every coin with wear and is graded with a mint state grade that the wear is caused by roll friction and not circulation wear.&nbsp; You are right, you can&#039;t say for sure.&nbsp; But for almost everyone else in the world, the indicators that point to roll friction are enough.&nbsp; It may not be a fact that the wear was caused by roll friction, but it is a fact that the coin is market acceptable to the numismatic community as a mint state (uncirculated) coin because the indicators point that way.&nbsp; But I like the way you spun that one.</p><p><br /></p><p>Perhaps you need to watch a Star Trek movie, your comphrension of logic is obviously lacking![/QUOTE]</p><p><br /></p>

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