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<p>[QUOTE=&quot;rbm86, post: 9196, member: 854&quot;]I thought it would be interesting to construct a &quot;Grid&quot; of grades for comparable coins for the various grading services, but concluded it would be darn near impossible.&nbsp; </p><p><br /></p><p>For example, look at the attached morgan graded &quot;MS66&quot; by PCI:</p><p><br /></p><p><a href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;item=3912985751&amp;category=39466&amp;sspagename=STRK%3AMEBWA%3AIT&amp;rd=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;item=3912985751&amp;category=39466&amp;sspagename=STRK%3AMEBWA%3AIT&amp;rd=1" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;item=3912985751&amp;category=39466&amp;sspagename=STRK:MEBWA:IT&amp;rd=1</a></p><p><br /></p><p>On a good day, this would get MS-63 by PCGS or NGC.&nbsp; The few MS66 NGC or PCGS Morgans I&#039;ve seen look near perfect to the naked eye.&nbsp; So we have a 3 point difference.&nbsp; The problem is, I&#039;ve seen differences ranging from 2 points to 6 points between NGC/PCGS/IGC and the second tier services (PCI, SEGS, NTC, etc.)!&nbsp; Thus it appears the lower tier grading services are inconsistent as well as &quot;liberal&quot; compared with PCGS/NGC.</p><p><br /></p><p>Here&#039;s the problem:&nbsp; the seller claims the &quot;trends&quot; value is $900, which is probably what the &quot;MS66&quot; value is in Coin World.&nbsp; In MS-63, the coin might retail for $40.&nbsp; The market puts more credence in the PCGS/NGC grade.&nbsp; An inexperienced buyer might buy the coin for $80, thinking he/she has a bargain.&nbsp; In reality, the buyer paid double retail for the coin.&nbsp; Now I am not saying that this coin will realize $80 from an uninformed buyer, but you hear these stories all the time (and they are written about in books all the time).</p><p><br /></p><p>Now here is my question to the forum:&nbsp; why can&#039;t Coin World, CDN, Coin Prices, etc. specifiy that the values reflect, in general, PCGS/NGC/ICG grading standards?&nbsp; Well, one of the answers will be that the grading services have no &quot;generally accepted&quot; grading standards.&nbsp; I guess the ANA still has &quot;official&quot; grading standards, but they are not detailed enough, especially for mint state coins, and no grading service I am aware of states they &quot;adhere&quot; to ANA grading standards.</p><p><br /></p><p>Well, then my question is, will the coin profession ever adopt &quot;generally accepted&quot; grading standards accepted by the ANA, PNG, and the top grading services?&nbsp; A loaded question for sure, but it just seems that the hobby is inviting regulation if some tightened grading standards are not adopted.[/QUOTE]</p><p><br /></p>

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