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<p>[QUOTE=&quot;GDJMSP, post: 725408, member: 112&quot;]Maybe because they are not as old as you seem to think. And no it was not last used in the &#039;80s. The same things I have mentioned are still listed as part of the standards in the ANA guide which is only 4 years old - 2005. Same thing for the PCGS standards, about the same age.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>What I&#039;m saying is Mike that you shouldn&#039;t throw out part of the standards, especially a very important part that has to do with establishing the true and overall quality (grade) of a coin. </p><p><br /></p><p>You know what it seems like to me - it seems like an excuse. It has nothing to do with establishing prices, it&#039;s an excuse being used to find a reason to assign a grade that is higher than a coin really deserves. Why do they do it ? They do it to make people, their customers, happy. And the only reason they get away with it is becuae there are not enough people out there who care about honesty in grading. All they care about is getting higher grades so they can sell their coins for more money or have more bragging rights.</p><p><br /></p><p>The coins could be graded honestly with no problem at all. And the prices would be there just the same. But if they had to consider things like being well centered and planchet flaws there would not be as many coins like this Jeff graded this high because they don&#039;t deserve it.</p><p><br /></p><p>And what are ya gonna say Mike if they decide to throw out luster saying that it doesn&#039;t count any more ? That they can&#039;t grade enough coins MS67 or MS68 if they have to count luster as part of the grade just so they can have more of them that get the high prices.</p><p><br /></p><p>Yes Mike I agree the old standards of technical grading did not work well. And that&#039;s why market grading was developed. But there is more to market grading than just setting a price for a coin. For first the coin has to be <u>worthy</u> of that price. For to get the highest grades the coin has to have a certain quality. And an important part of that quality is established by the coin being well centered, having no planchet flaws, having superb luster, being well struck for the date/mint, having superior eye appeal, having few minor contact marks or hairlines. </p><p><br /></p><p>Each and every one of these things is required for a coin to be worthy of the highest grades. To throw any of them out is to cheat yourself, fool yourself into believing that you have something that you don&#039;t really have.[/QUOTE]</p><p><br /></p>

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