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<p>[QUOTE=&quot;GDJMSP, post: 957503, member: 112&quot;]I strongly disagree. When you see coins that had been in an AU53 slab for several years, and then upon resubmission it comes back MS63 - that&#039;s pushin the limits pal. Over the years I have seen 63&#039;s turn into 65&#039;s, 65&#039;s turn into 67&#039;s, 40&#039;s turn into 53&#039;s etc etc etc. Those are not random mistakes. Those are the result of the grading companies loosening their standards.</p><p><br /></p><p>And speaking of that, if they do not push the limits then please explain to me why at just about any time you can find various threads on the forums about the how the TPGs are either loosening or tightening their standards ? Do you know whay that is ? It&#039;s because they push the limits.</p><p><br /></p><p>For a time they grade coins higher than they used to. Then they will wait and see if the market finds those higher grades acceptable or not. If they do, then a new looser standard is in place and they continue grading coins higher than they used to. But if the market finds those higher grades unacceptable, then they tighten things back up again. Until the next time they push the limits yet again.</p><p><br /></p><p>Now this happens Paul, and it has continued to happen for years. For a while, the market found those higher grades unacceptable and the standards remained static. But as prices began to peak and reach levels they hadn&#039;t seen in years the market became overly exhuberant and began to accept those higher grades because of value increases. And the TPGs justified their grades with the value increases. That too is pushing the limits.</p><p><br /></p><p><br /></p><p><br /></p><p>You must not pay very close attention because in years past the success rate on resubmissions was nowhere near what it was 3 and 4 years ago. For a while there it got so almost anything resubmitted was upgraded. Of course that happened as the market was nearing its peak and eventually reached its peak. Then lo and behold as the market began to weaken and prices dropped - about all you read about was how much the TPGs had tightened up. How resubmissions were having little if any success. Same for first time submissions.</p><p><br /></p><p>Now do you really believe that was just coincidence ? How many times does it have to happen before you become a believer Paul ?</p><p><br /></p><p><br /></p><p><br /></p><p>Is your memory getting short again - or is just selective ? Once, only once was their ever a comment made by anybody at PCGS about their new system was going to stop grade-flation. It was made by David Hall at a press conference. But upon questioning, it was stated flat out that the new PCGS system would absolutely not stop a coin from being upgraded. But I will say this, David Halls comment did something else that had never been done before. For by saying that the system would stop grade-flation, David Hall publicly admitted that grade-flation is real - it exist ! Otherwise there would be nothing to stop to begin with. But the primary point is the new system that PCGS is using will not stop coins from being upgraded. So grade-flation will not be stopped - at all.</p><p><br /></p><p><br /></p><p><br /></p><p>&nbsp;</p><p>Why does it seem ludicrous ? By your comment alone you are admitting that you believe that the TPGs will bump the grades of coins based on rarity. And in the past you have also admitted that the TPGs will bump the grades of coins based on attractive toning. You have also admitted that they will bump the grades of coins based on pedigree. And it has been discussed many times and agreed to that they will bump grades based on value.</p><p><br /></p><p>So here we have 4 things that you admit that TPGs will bump grades because of.&nbsp; years ago those things never happened. But yet you refuse to believe that they will push the limits ? What do you want to call doing those 4 things if not pushing the limits ? And if they are willing to do that, then are willing to push the limits with regular grades too.</p><p><br /></p><p>The evidence is all right there before you - before everybody. All anyone has to do is open their eyes and see it.[/QUOTE]</p><p><br /></p>

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