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Message:: [QUOTE="GDJMSP, post: 8165092, member: 112"]A fine point perhaps but we're not discussing how grades really are, but rather how they really were. And exactly what the ANA guide had in it, not what some individuals may or may not have used. 1977, 1st edition - the only MS grades were MS70, MS65, and MS60. 1984, 2nd edition - the MS63 and MS67 grades were added to the other three MS grades. They also added another AU grade and a few other circ grades as well. 1987, 3rd edition - it was not until the 3rd edition that all the grades we know and use today were added. And that's how they remained up to and including today. It was also with the 3rd edition that the technical grading system ended and what we call today "market grading" system was created by the ANA. With a few major differences from what many think "market grading" entails today. Things like scarcity, value, provenance played absolutely no part in the ANA market grading system. And they also played absolutely no part in the TPG grading systems which were created at the same time the 3rd edition ANA system was published. And in point of fact the very men who founded the TPGs sat in on all the ANA meetings and helped develop the new ANA grading system in 1986. But the book of course was not actually published until '87. It was only in later years that things like scarcity, value, and provenance began tp play a part in the TPG grading.[/QUOTE]