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<p>[QUOTE="rhoggman, post: 386323, member: 13987"]<b>Early Grading is Tough</b></p><p><br /></p><p>I read in the book "How to Make Money in Coins Right Now, 2nd Edition" that the owners of PCGS, and NGC have admitted to the fact that grading standards have varied during different time periods. People have used this knowledge to their advantage, and still do. The book does not talk about the current period as it was written in 2000.</p><p>When both of the services started out they were tougher on coins. This in turn lead to a money making strategy where people would "crack" the slabs an resubmit the coins(still happening). For instance PCGS coins graded in the first two years of their business are thought to be a point below where they would be if they were graded today. </p><p>It's too bad that PCGS/ NGC did not take pictures of all the coins they have graded because the cracked and resubmitted coins have actually scewed the numbers, and thereby falsly increased the percieved number of coins available to the market as a whole.</p><p>Only time will tell if DGS will follow suit, but I hope not. I think the visual population report may actaully hold them to the fire. People will not have to aquire or compare available coins to know that DGS has a variety of subjective grading problems. All they will have to do is go to their website and see for themselves. If DGS does have wavering standards their visual population report will surely be their ruin.[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 386323, member: 13987"][b]Early Grading is Tough[/b] I read in the book "How to Make Money in Coins Right Now, 2nd Edition" that the owners of PCGS, and NGC have admitted to the fact that grading standards have varied during different time periods. People have used this knowledge to their advantage, and still do. The book does not talk about the current period as it was written in 2000. When both of the services started out they were tougher on coins. This in turn lead to a money making strategy where people would "crack" the slabs an resubmit the coins(still happening). For instance PCGS coins graded in the first two years of their business are thought to be a point below where they would be if they were graded today. It's too bad that PCGS/ NGC did not take pictures of all the coins they have graded because the cracked and resubmitted coins have actually scewed the numbers, and thereby falsly increased the percieved number of coins available to the market as a whole. Only time will tell if DGS will follow suit, but I hope not. I think the visual population report may actaully hold them to the fire. People will not have to aquire or compare available coins to know that DGS has a variety of subjective grading problems. All they will have to do is go to their website and see for themselves. If DGS does have wavering standards their visual population report will surely be their ruin.[/QUOTE]
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DGS Visual Population Report Up and Running
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