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<p>[QUOTE=&quot;GDJMSP, post: 1076101, member: 112&quot;]You may see logic in it but I certainly don&#039;t. The reason I don&#039;t see the logic is because the supposed increase in eye appeal is dependant on toning. If that increase in eye appeal was justified then why wasn&#039;t it applied in years past ? You see Paul that&#039;s the problem with the thinking and why it is not logical. If something is logical it always was logical and always will be logical. It doesn&#039;t change.</p><p><br /></p><p>And where is the logic in bumping grades for coins with a certain pedigree ? Something else you have admitted they do. Take that coin out of the pedigreed holder, resubmit it and watch the down-grade. That&#039;s logical ? The same can be said for bumping grades on key dates. It has happened in the past that key dates suddenly changed and were no longer key dates. If that should happen again in the future what then ? That&#039;s not logical either.</p><p><br /></p><p>&nbsp; </p><p><br /></p><p>First of all I have never said they have a <u>plan</u> to tighten standards at some point in the future. What I said was is that they will be forced to tighten standards in the future when the numismatic community finally gets tired of their current practices. It&#039;s like a snowball, it starts small and then gets bigger and bigger over time. Well, it&#039;s started. I, along with more than few others have been complaining about it for some time. Now there are articles written by respected &amp; recognized experts showing up in the numismatic press. The snowball is currently rolling down the hill !</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I suppose they plan to handle it in the same way they <u>are</u> handling it. They&#039;ll pay the money. Perfect example - PCGS used to guarantee copper. But today they no longer do. Essentially they have tightened their standards in that regard. But you are quite correct, they are on the hook for all of the copper they previously graded when they did offer that guarantee. Anybody that wants to can submit their copper coins that have changed color in the holder (such as Red to Red Brown or Brown) under the grade guarantee and get paid. Didn&#039;t seem to bother them (PCGS) much to do that because they know it would only get worse in the future. At some point you have to stop the bleeding regardless of the cost - and they did. I have no doubt they will do it again.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yeah, aint it amazing ! Might be some truth in what I have been saying after all huh ?</p><p><br /></p><p><br /></p><p><br /></p><p>Will it ? I readily agree that their tactic has seemingly worked to mollify you and others like you. But then that because you choose to believe what you want to believe instead of what is right in front of your eyes. I have heard many others say that this new service, Secure Plus, is going to stop grade-flation. But there&#039;s a small problem with that thinking because the President of PCGS said flat out that PCGS will continue to upgrade any coin they feel is worthy of the higher grade. In other words, nothing changed at all.</p><p><br /></p><p><br /></p><p><br /></p><p>A trick huh ? Hardly a trick. Let me ask you a pointed question Paul - somebody, you know personally, tells you a lie about something important. You know for a fact that they lied. The next time you ask that person something do you believe them ?</p><p><br /></p><p><br /></p><p><br /></p><p>According to established grading practices it is not a lie. The lie comes in when they grade coins with obvious circulation wear as MS by using the excuse that it is not circulation wear but instead roll friction.</p><p><br /></p><p><br /></p><p><br /></p><p>No it doesn&#039;t eliminate anything. And as I have pointed out above they (the TPGs) have already done it to a limited degree. part of the reason it doesn&#039;t elinate anything is because a lot of the owners of the over-graded coins will not re-submit them under the guarantee. We&#039;ve seen evidence of this for years with coins in over-graded holders. Those coins <u>stay</u> right in those holders the majority of the time. They are sold over and over again to another collector who is willing to blindly accept the grade assigned by the TPG. Or do you deny that happens too ?</p><p><br /></p><p>Another reason that it doesn&#039;t remove the financial motive is because the TPGs are the ones who determine the value of a given coin when it is submitted under their guarantee. Nobody else has any say in the matter. So they can pay or not pay whatever they want. They&#039;ve done it before.</p><p><br /></p><p><br /></p><p><br /></p><p>I have no idea how they do it, your guess is as good as mine. As for the whistelblower scenario - ever hear of a nondisclosure contract or confidentiality agreement ? </p><p><br /></p><p><br /></p><p>&nbsp;</p><p>I didn&#039;t spin anything Paul, I have no need to spin anything. The facts speak for themselves. So does my logic. Sadly yours does not.[/QUOTE]</p><p><br /></p>

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