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<p>[QUOTE=&quot;Owle, post: 908257, member: 22004&quot;]<b>Market grading</b></p><p><br /></p><p>On this topic, the idea that occurs to me is how have the grading standards changed over the last 25 years and why, in coin category to coin category?&nbsp; I have only been collecting since &#039;97, those who have been at this for 50 years have a different set of standards and have seen a change in standards during those years.&nbsp; Back in 1987, 1993, and 1999 there were changing standards for each of the third party graders.&nbsp; </p><p>&nbsp;</p><p>One category I know fairly well--$20 liberties. In 1987, the prices for better dates and significantly rare coins were not as pronounced as they are in 2010.&nbsp; The &quot;O&quot; mint $20s, the key dates, the CCs, and so forth. Prices in the 1980&#039;s were cheap with comparison to today. So graders were more conservative--it had to be a really nice, collectable coin to fetch the good grade and the high price.&nbsp; Defects, hairlines, and so forth kept the grades down--for the reason that a lot less people were making a living off of the coins as possible investments or for being six figures in the highest graded coin, an 1870CC, for example.&nbsp; I doubt the resubmissions were that significant back then.&nbsp; Experts whose memory goes back that far could speak to changing standards, and the reasons for the changing standards.[/QUOTE]</p><p><br /></p>

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