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<p>[QUOTE="Insider, post: 2299257, member: 24314"]This is a great discussion. I'm going to add my $2 worth when I have more time. For now:</p><p> </p><p>From what I have read, the ANA bastardized Technical Grading as was done when it was in DC. INSAB was the first third party grading service and continued to use it as it was first conceived.</p><p> </p><p>ANACS and INSAB lost the playground because technical grading was only concerned with a coin's state of preservation after it left the dies - not its eye appeal among other things. The COIN MARKET and all that entails (dealers, auction houses, etc.)forced the ANA to change its grading standards (MS-65 became MS-63's in many cases). ANA had to change to stay in business. By 1986 (?) when PCGS came around INSAB went virtually belly-up and the ANA lost huge market share.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2299257, member: 24314"]This is a great discussion. I'm going to add my $2 worth when I have more time. For now: From what I have read, the ANA bastardized Technical Grading as was done when it was in DC. INSAB was the first third party grading service and continued to use it as it was first conceived. ANACS and INSAB lost the playground because technical grading was only concerned with a coin's state of preservation after it left the dies - not its eye appeal among other things. The COIN MARKET and all that entails (dealers, auction houses, etc.)forced the ANA to change its grading standards (MS-65 became MS-63's in many cases). ANA had to change to stay in business. By 1986 (?) when PCGS came around INSAB went virtually belly-up and the ANA lost huge market share.[/QUOTE]
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