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<p>[QUOTE=&quot;GDJMSP, post: 4408076, member: 112&quot;]It&#039;s fairly simple really and I&#039;ve explained it numerous times in past posts, it&#039;s because &#039;86 was a, check that, <b>the</b> pivotal year for two reasons. The primary reason was because that&#039;s when the ANA completely changed the grading system, they went from technical grading to market grading. And they also added a lot of grading numbers that had never been used before. </p><p><br /></p><p>In &#039;77 when the 1st ANA grading system was published there were only 3 MS grades - MS60, MS65, and MS70. Then, in 1980 they changed things a bit and added MS63 and MS67 - but they still used the technical grading system. Then, in 1986 they completely changed things. They created the market grading system which used a new set of grading criteria that had never been used before. And because of the new system, literally overnight coins that had previously been graded as MS65 were now graded as MS63. All by itself this caused a huge upset in the pricing structure and values of coins of a given grade. Coins that had previously been graded as MS65 lost a good bit of their value. And coins that were now graded MS65 gained a good bit of value because they had previously been graded as 67s.</p><p><br /></p><p>But that wasn&#039;t all they did, they also added all the intermediate grades that had never been used before MS61, 62, 64, 66, 68, and 69, as well as all the previously unused circulated grades. This also contributed to a different pricing structure and changed values for just about everything.</p><p><br /></p><p>The bottom line in all this is that during the specific time you&#039;re talking about - &#039;85 and &#039;86 - what was a 65 in &#039;85 was no longer a 65 in &#039;86. But the price record charts don&#039;t tell you anything about that - they just show the numbers. But once it&#039;s explained it all makes sense.</p><p><br /></p><p>It had nothing to do with people knowing PCGS was coming, but you&#039;re right they did know they were coming. But in &#039;86 when PCGS did come along nobody had any idea that NGC was coming, because some of the same people that founded PCGS didn&#039;t like what PCGS was doing when they refused to follow the new ANA grading standards (they thought they were too strict) in that 1st year <b>after</b> they opened their doors for business; so they left PCGS and started NGC up in &#039;87.[/QUOTE]</p><p><br /></p>

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