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Guess the Grade-----1941-S Jefferson Nickel NGC
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<p>[QUOTE="GDJMSP, post: 958561, member: 112"]What other possible reason could they have ? </p><p><br /></p><p>If as you say grade-flation only occurs as the result of a mistake due to resubmissions - then they are making one heck of a lot of mistakes. Way more mistakes than you give them credit for.</p><p><br /></p><p>Think about it - in order for the term grade-flation to even exist there has to be a lot of mistakes - a whole lot. And it's not something new. The term grade-flation has been around since at least the '90s. And for every coin that is upgraded or downgraded - a mistake was made. It was either made with the original grade or made with the second grade. Either way you want to look at it - one of those was a mistake. And sometimes they make a mistake on the same coin 3 and 4 times.</p><p><br /></p><p>If I remember correctly, I seem to recall you estimating that the TPGs were probably right about 80-85% of the time. Let's go with the low number just for the sake of discussion. That would mean that NGC and PCGS combined have made at least 10 million mistakes. Yeah - 10 million. That's a lot of misgraded coins. </p><p><br /></p><p>And that doesn't take into account any changes of standards - that's just the normal everyday mistakes they have made. And if I am correct and they have changed standards, then you can add another 10 million to that because in the past 4 years, which is when i think they changed standards, they have graded aprrox 10 million more coins.</p><p><br /></p><p>That would mean there's 20 million coins out of the 50 million coins out there that they have graded that are graded incorrectly. That's 40% - mistakes.</p><p><br /></p><p>Yeah I know, those numbers are gonna make you jump right out of your socks. And you'll scream and shout that there's no way. Well, I didn't make the numbers up. You have agreed with those numbers - half of them accounted for with everyday mistakes and half with grade-flation that you admit exist. So the numbers are what they are.</p><p><br /></p><p><br /></p><p><br /></p><p>And you haven't provided any that they haven't. But what I have done is provide reasons that they did - common sense reasons. There just aint that much coincidence out there my friend to expalin it any other way.</p><p><br /></p><p><br /></p><p><br /></p><p>No it doesn't. It merely shows that there are a lot of people who can't grade (by your own words)and therefore they choose to believe the TPGs. Just because they are the leading authority Paul that doesn't make them right. Leading authorities are proven wrong all the time.</p><p><br /></p><p> </p><p><br /></p><p>I disagree. Since they are the ones who have to agree that they made a mistake and thus have to pay compensation - all they have to do to get out of it is say they didn't make a mistake. So how much danger can they be in ? There is no court, there is no other ruling body to make the decision. They themselves are the single solitary ones who get to decide. It doesn't get much better than that ![/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 958561, member: 112"]What other possible reason could they have ? If as you say grade-flation only occurs as the result of a mistake due to resubmissions - then they are making one heck of a lot of mistakes. Way more mistakes than you give them credit for. Think about it - in order for the term grade-flation to even exist there has to be a lot of mistakes - a whole lot. And it's not something new. The term grade-flation has been around since at least the '90s. And for every coin that is upgraded or downgraded - a mistake was made. It was either made with the original grade or made with the second grade. Either way you want to look at it - one of those was a mistake. And sometimes they make a mistake on the same coin 3 and 4 times. If I remember correctly, I seem to recall you estimating that the TPGs were probably right about 80-85% of the time. Let's go with the low number just for the sake of discussion. That would mean that NGC and PCGS combined have made at least 10 million mistakes. Yeah - 10 million. That's a lot of misgraded coins. And that doesn't take into account any changes of standards - that's just the normal everyday mistakes they have made. And if I am correct and they have changed standards, then you can add another 10 million to that because in the past 4 years, which is when i think they changed standards, they have graded aprrox 10 million more coins. That would mean there's 20 million coins out of the 50 million coins out there that they have graded that are graded incorrectly. That's 40% - mistakes. Yeah I know, those numbers are gonna make you jump right out of your socks. And you'll scream and shout that there's no way. Well, I didn't make the numbers up. You have agreed with those numbers - half of them accounted for with everyday mistakes and half with grade-flation that you admit exist. So the numbers are what they are. And you haven't provided any that they haven't. But what I have done is provide reasons that they did - common sense reasons. There just aint that much coincidence out there my friend to expalin it any other way. No it doesn't. It merely shows that there are a lot of people who can't grade (by your own words)and therefore they choose to believe the TPGs. Just because they are the leading authority Paul that doesn't make them right. Leading authorities are proven wrong all the time. I disagree. Since they are the ones who have to agree that they made a mistake and thus have to pay compensation - all they have to do to get out of it is say they didn't make a mistake. So how much danger can they be in ? There is no court, there is no other ruling body to make the decision. They themselves are the single solitary ones who get to decide. It doesn't get much better than that ![/QUOTE]
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