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Message:: [QUOTE="GDJMSP, post: 1970880, member: 112"]It has been about the plastic for quite a few years. Problem is, most collectors refused to acknowledge that, and the majority still do. There is a finite number of coins out there to be slabbed, that means that in order to stay in business the TPGs had to change their business plans once that number, for all intents and purposes, had been reached. They started doing that in subtle ways like adding special designations, changing their slab designs, and adding custom labels, even custom slabs. This opened up a new segment of the market and gave them more coins to slab. But they soon realized that wasn't nearly enough, so they changed their grading standards. Then they began changing their long established policies and began slabbing coins they had for 20 years steadfastly refused to slab at all. In short they have done everything they could to give their customers what the customers wanted in order to keep submissions coming in and their businesses up and running. That is the nature of business, to stay in business. So when one source of income dries up, you must find another source. Or go out of business. This is what they have done. Simple as that. Have they reached their tipping point ? Well, that will only be reached when enough collectors finally acknowledge what has been going on for 10 years now and refuse to buy into it any longer, thus reducing the number of submissions to the point that the TPGs realize they have to change again. Once they do, then no doubt the cycle will repeat just like it did in 1986. Overnight 69's and 70's will disappear. 66's and 67's will become 64's and 65's. 65's will become 63's, 63's will become AU's, Au's will become XF's or VF's, and so on and so on. And all those over-graded coins will be submitted and slabbed once again, according to the "new" grading standards.[/QUOTE]

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