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<p>[QUOTE=&quot;Lehigh96, post: 1074076, member: 15309&quot;]Well so much for gradeflation.&nbsp; Here is a coin graded by NGC over a decade ago that all but a handfull of collectors thought would be at most an MS64 yet bears a grade of MS65.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Peace%20Dollars/PD1923NGCMS65wLabel.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>And while I submit this coin as evidence that the grading standards have not changed, I am sure the detractors will simply claim that the coin was graded incorrectly.&nbsp; But even that admission would seem to support my theory that it is the inconsistency inherent in the grading process that leads to gradeflation, not an intentional shift in grading standards.[/QUOTE]</p><p><br /></p>

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