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<p>[QUOTE=&quot;Lehigh96, post: 2019414, member: 15309&quot;]Ok, I have to walk that last statement back a little bit.&nbsp; I meant they did not change standards with the exception of the time they admitted to changing their standards.</p><p><br /></p><p>John Albanese has been quoted as saying &quot;I can speak both for NGC and PCGS concerning the first six months of operation.&nbsp; The grading standards of both services were too tight.&quot;</p><p><br /></p><p>That said, this quote came from James L. Halperin from Heritage in 2005 &quot;On average, NGC and PCGS standards were a little too tight in the 1980&#039;s and today they are just about right.&quot;&nbsp; And while Doug likes to credit the ANA grading standards for creating market grading, it was actually Halperin&#039;s book from 1985 &quot;How to Grade US Coins&quot; which is the basis for PCGS &amp; NGC&#039;s grading standards.&nbsp; So while Doug spreads the misinformation about the collapse of TPG grading standards in 2004, the guy who literally wrote the book on the subject went on to say in 2005 &quot;overall, I have never felt better or more confident about the numismatics profession in general.&quot; So really this whole debate comes down to:&nbsp; who are you gonna believe?&nbsp; Jim Halperin or GDJMSP?</p><p><br /></p><p>All of those quotes come from Scott Travers book THE COIN COLLECTOR&#039;S SURVIVAL MANUAL (5th Edition, 2006).[/QUOTE]</p><p><br /></p>

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