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<p>[QUOTE=&quot;GDJMSP, post: 611002, member: 112&quot;]Yes, PCGS will even admit that they refused to grade many ASE&#039;s as 70&#039;s because they were afraid the coins would turn on the slab later on that they would get stuck having to honor their guarantee and buy the coins back.</p><p><br /></p><p>Of course they totally ignored the fact that, because very few people were aware of this, that their doing it created and even perpetuated the idea that PCGS had tougher grading standards than the other TPG&#039;s, when if fact the exact opposite was true.</p><p><br /></p><p>And the fact that this mis-perception of the public&#039;s also caused them to get more business as a result of their purposely refusing to grade deserving coins as a 70 - was also ignored for over 20 years. It was only when the truth began to be more widely known as a result of it being exposed on internet coin forums that PCGS changed their established policy about not grading coins as 70&#039;s - even though the coins deserved the grade.</p><p><br /></p><p>This is not an opinion - it is fact.[/QUOTE]</p><p><br /></p>

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