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<p>[QUOTE=&quot;GDJMSP, post: 957666, member: 112&quot;]Precisely so, as evidenced by the comments of Don Willis - </p><p><br /></p><p><i>PCGS Secure Plus does not lock in the grade of your coin forever. What is does is tell us what your coin has graded in the past. That way we can make a more informed decision. Do we ever make mistakes? Yes. Will we ever change a Secure Plus grade? Yes.</i></p><p><br /></p><p>&quot;just because a coin is in a Secure Plus holder does not mean that the grade can never be changed. Of course it can be re-evaluated. All that is for certain is that we will have the grading history of the coin and we will be able to refer to it before the new grade is assigned. It DOES NOT mean we can&#039;t change the grade.&quot;</p><p><br /></p><p>And no, I did not emphasize the Does Not - Don Willis did.</p><p><br /></p><p><br /></p><p><br /></p><p>The only part I might disagree with are your words &quot;very small&quot;. Is that percentage smaller than the other two categories, almost certainly. Question is how much smaller. It is also a certainty that the percentage for classics is dropping and has been for years. More so in recent years. The estimates I have read are that approx 50% of income is from moderns. The other 50% is split between resubmissions and classics. But they aren&#039;t making any more classics. Add to that the accepted number that 80% or more of them are problem coins and unslabbable. That doesn&#039;t leave every many. </p><p><br /></p><p>Then consider that NGC and PCGS have slabbed somewhere between 40 and 50 million coins to date. Take half of those and throw &#039;em away as moderns. That means a whole lot of classic have already been graded and there aren&#039;t many left.</p><p><br /></p><p>Now where do you suppose future income is going to come from ? Interestingly enough NGC and PCGS both have a new service - the Plus service. Probably 90% of all the coins submitted for the Plus service have been slabbed before. That&#039;s a big chunck on resubmissions. </p><p><br /></p><p>Now do you suppose it was just coincidence that these two companies just happened to come up with this new service ? Do you really believe, even for 1 second, that they did it to stop grade-flation ? Or - do you think it more likely they did it to boost income because there are very few classic being graded for the first time ?</p><p><br /></p><p>I&#039;ll repeat my previous question - what is the goal of a business ?</p><p><br /></p><p><br /></p><p><br /></p><p>You don&#039;t have to buy it Paul. All you have to do is use common sense and look at the evidence. The evidence that they are doing everything they can to boost their smallest source of income - because they have to.[/QUOTE]</p><p><br /></p>

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