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<p>[QUOTE=&quot;longnine009, post: 178345, member: 1886&quot;]I believe there are two class action lawsuits in progress right now, reguardless of how expensive or lengthy they might be. I don&#039;t believe anything would settle down in year or two if&nbsp; Universal Standard were implemented. The Brown and Dunn grading guide from the 50&#039;s could have been the Universal Standard, if the desire for a Universal Standard was actally standard with dealers and collectors of that time. Apparently it wasn&#039;t. And IMO, it isn&#039;t today either. There are&nbsp; people making money from too many different standards today as there were people making money from no&nbsp; standards in the 30&#039;s and 40&#039;s. It the same problem only in reverse. Even the idea of third party grading is hardly new.&nbsp; The call for:&nbsp; &quot;A Standard Rating Agency For Coin Grading&quot; was made as early as 1959 by&nbsp; ANA&nbsp; member Bryan Lumpkin. </p><p><br /></p><p>You stated: &quot;good dealers and smarter collectors know which grading companies are loose and which are not.&quot; </p><p><br /></p><p>If this is the case why should the good ones wish to have others riding their coat-tails with a Universal Standard? Why, if they can stand on their own merit,&nbsp; would they want to submit to the control of &quot;code-enforcement&quot; and no doubt be forced to pay shake-down fees for that enforcement?[/QUOTE]</p><p><br /></p>

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