Message:

<p>[QUOTE=&quot;GDJMSP, post: 2017752, member: 112&quot;]What a lot of people don&#039;t realize is that the market grading system was invented and developed by the ANA, not the TPGs. The work the ANA did on developing the system took place before PCGS even existed, in the early &#039;80s. By 1986 the work on the system was done. (David Hall, founder of PCGS, even helped develop the ANA standards.) In late &#039;86 PCGS opened their doors having adopted the market grading system, but with slightly different (looser) standards than those the ANA had chosen. By &#039;87 the new ANA grading book containing their market grading standards was published. Also in &#039;87 NGC opened for business utilizing standards different from both the ANA and PCGS. After that it was quite few years before any of the TPG&#039;s began to allow value to play any part at all in the assigning the grade of coins.</p><p><br /></p><p>The reason people get confused is because they don&#039;t realize what the differences were or are between the technical grading system and the market grading system. The ANA used the technical grading system in the beginning. The first grading book published in 1977 was based on the technical system. And the second edition of their book was also based on the technical grading system. It was in the years following the publication of those two books that they realized the technical system wasn&#039;t working, that it left too much out. So over the course of several years the ANA developed what is called market grading system, utilizing grading criteria that had never before even been used to grade coins. And in &#039;87 they published it.</p><p><br /></p><p>Now anyone that wants to see this for themselves all they have to do is read and compare the first two editions of the ANA book to the 3rd edition (&#039;87) or later editions and the differences between the two systems become readily apparent.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in