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<p>[QUOTE="ToughCOINS, post: 1767414, member: 20480"]I'm still a believer that standards have not changed. To this day, we all still see many submissions come back very conservatively graded. If we didn't, we might rightfully argue that the standards had dropped, but that just doesn't seem to be the case.</p><p> </p><p>Just as often, we see coins we feel are overgraded, or maxed out. Generally, in those cases, collectors grudgling accuse the TPG's of playing favorites with high profile dealers. </p><p> </p><p>I used to feel the same way, but no longer do.</p><p> </p><p>As my submissions have grown in size and number, my observation is that I just as often get gifts as I get disappointed, with my expectations for grade being met about 80 percent of the time. I've also observed similar results with most of the other submitting dealers of my size that I know.</p><p> </p><p>If standards had loosened, we would expect to see many more gifts than disappointments in freshly graded packages, but that simply is not the case.</p><p>Therefore, I no longer support the notion that grading standards have changed, instead attributing the inconsistency to the following:</p><p> </p><ol> <li><b>A lack of frequent "calibration" of the graders against the standards. </b> How often do you think the graders actually look at the grading sets? Weekly? Monthly? Quarterly? Yeah, right . . . as fast as the coins are flying through there, do you think they are required to take the time to reacquaint themselves with the standards often enough . . . at any of the services?</li> <li><b>Staging by large submittors to get their "liner" coins bumped. </b> This pertains not only to coins that have a shot at the next grade, but to problem coins that could get into graded holders. I'm positive this practice takes place, as I've purposely staged submitted coins myself, believing they could go the next grade. I've found that it works, but only if the coin to be bumped is immediately preceded by properly chosen coins. Unlike collectors and smaller dealers, very large submittors (not ToughCOINS . . . we're small fry as dealers go) have vast selections of coins from which to choose the coins to stage that submission, and their "hit rate" suggests that they employ staging very successfully.</li> </ol><p>If you still think grading standards have changed, ask yourself these questions:</p><ul> <li>Would the grading services really have the time and inclination go through all of the effort to change the coins in their grading sets? </li> <li>Would they then be able to manage a gradual transition from one grading standard to another over time, with little notice?</li> </ul><p>. . . I think not.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 1767414, member: 20480"]I'm still a believer that standards have not changed. To this day, we all still see many submissions come back very conservatively graded. If we didn't, we might rightfully argue that the standards had dropped, but that just doesn't seem to be the case. Just as often, we see coins we feel are overgraded, or maxed out. Generally, in those cases, collectors grudgling accuse the TPG's of playing favorites with high profile dealers. I used to feel the same way, but no longer do. As my submissions have grown in size and number, my observation is that I just as often get gifts as I get disappointed, with my expectations for grade being met about 80 percent of the time. I've also observed similar results with most of the other submitting dealers of my size that I know. If standards had loosened, we would expect to see many more gifts than disappointments in freshly graded packages, but that simply is not the case. Therefore, I no longer support the notion that grading standards have changed, instead attributing the inconsistency to the following: [LIST=1] [*][B]A lack of frequent "calibration" of the graders against the standards. [/B] How often do you think the graders actually look at the grading sets? Weekly? Monthly? Quarterly? Yeah, right . . . as fast as the coins are flying through there, do you think they are required to take the time to reacquaint themselves with the standards often enough . . . at any of the services? [*][B]Staging by large submittors to get their "liner" coins bumped. [/B] This pertains not only to coins that have a shot at the next grade, but to problem coins that could get into graded holders. I'm positive this practice takes place, as I've purposely staged submitted coins myself, believing they could go the next grade. I've found that it works, but only if the coin to be bumped is immediately preceded by properly chosen coins. Unlike collectors and smaller dealers, very large submittors (not ToughCOINS . . . we're small fry as dealers go) have vast selections of coins from which to choose the coins to stage that submission, and their "hit rate" suggests that they employ staging very successfully. [/LIST] If you still think grading standards have changed, ask yourself these questions: [LIST] [*]Would the grading services really have the time and inclination go through all of the effort to change the coins in their grading sets? [*]Would they then be able to manage a gradual transition from one grading standard to another over time, with little notice? [/LIST] . . . I think not.[/QUOTE]
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