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<p>[QUOTE=&quot;Lehigh96, post: 958525, member: 15309&quot;]Doug,</p><p><br /></p><p>It is hard for me to dispute that gradeflation exists as a function of looser grading standards.&nbsp; What I don&#039;t believe is that the TPG&#039;s deliberately loosen their standards to increase revenues for either the regular market or resubmission market.&nbsp; At this point, you have not provided any proof that they are guilty of doing so.</p><p><br /></p><p>My confidence in the TPG&#039;s is not blind.&nbsp; However, they are more accurate and more consistent than almost all of the collectors &amp; dealers as well as some of the so called experts and industry leaders.&nbsp; Think about it!&nbsp; When someone disagrees with the assigned grade, what is their course of action.&nbsp; The send the coin back to get a different grade.&nbsp; That action in itself proves that the TPG grading opinion is the only one that matters.&nbsp; Resubmissions are caused not only by gradeflation but also by initial misgrading.&nbsp; Let&#039;s face it, sometimes they do make a mistake, and when they are low, someone profits from their mistake in the form of a crackout resubmission.&nbsp; When they are wrong high, they are forced to issue compensation.</p><p><br /></p><p>That is the key to why they should hate gradeflation.&nbsp; If gradeflation goes unchecked for a long period of time, it becomes impossible for them to adjust because it will make them liable for huge sums of money under the grade guarantee.&nbsp; For this reason, I don&#039;t think we will ever see a return to the grading standards that you refer to.&nbsp; However, I think that the TPG&#039;s finally see the danger in gradeflation and understand that it represents a signficant financial danger and promoting it by &quot;pushing the limits&quot; in order to increase revenues of a shrinking revenue source is suicide.&nbsp; The plus designation is an ingenious idea that allows them to seek those revenues while not suffering the danger of gradeflation.&nbsp; I am not saying the plus designation will end gradeflation, but it surely will slow it down.&nbsp; Kinda like putting a toned coin in proper storage.[/QUOTE]</p><p><br /></p>

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