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<p>[QUOTE=&quot;Lehigh96, post: 2016893, member: 15309&quot;]Oh no, not the dreaded 2004 TPG magical loosening of standards again.&nbsp; Tell ya what, just get me one grader at NGC or PCGS to admit that it happened and I will believe you.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Um, I&#039;m not 15 years old, so yes, I was around in the 90&#039;s.&nbsp; However, I spent my time buying blast white premium gem Mercury Dimes during that time period and was really not interested in auction price spreads within grades, so no I do not recall seeing them.&nbsp; What I do remember is that it was much harder to find slabbed coins back then and that even the major auction houses like Heritage offered raw coins.&nbsp; The TPGs did not have a stranglehold on the market like they do now and populations changed drastically for many date/mms across a great many series.&nbsp; Sounds like a good reason for price variances to me.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I just explained to you in my previous post how having all the coins concentrated in a small number of grades would cause the prices of the conditionally rare grades to increase dramatically.&nbsp; Something would change, the &quot;variances&quot; as you call them would be much, much bigger.&nbsp; That is Mike&#039;s point and it is valid whether you admit it or not. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>The reason you see them is because the TPG&#039;s started making allowances for high point wear on Saints shortly after they started grading coins.&nbsp; I have discussed this topic at length with Saintguru on the PCGS forums.&nbsp; He has collected high end Saints for a very long time.&nbsp; He agreed with the PCGS statement that almost every Saint he has seen has some measure of high point friction.&nbsp; I don&#039;t really need to walk the bourse floor at an auction with you when a lifelong collector of high end Saints has already confirmed.&nbsp; And IIRC, some of the other members of this forum whom you hold in high regard also agreed with the PCGS statement.&nbsp; Leadfoot comes to mind![/QUOTE]</p><p><br /></p>

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