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<p>[QUOTE=&quot;Earle42, post: 2625200, member: 78261&quot;]Actually there was no problem at all back then.&nbsp; The hobby did quite well before this shell game all started.</p><p>&nbsp; But back then there was a lot more feeling of a need to be personally responsible for everything.&nbsp; Wise people will always buy the coin and not the slab.&nbsp; The reason a lot of coins were cracked and resubmitted is b/c if you sent in a borderline coin enough times (where one grade up meant a big profit), then there was a chance it would eventually get the higher grade.&nbsp; </p><p><br /></p><p>To add more weight to this issue, back when the slabbing started, I remember joking with fellow collectors about this sham and said, Watch, one day someone will be even more oily and make a business to grade how well the slabbers did their job!:&nbsp; This was a big joke b/c we knew the general public would never be dumb enough to fork out their hard earned money for this even more ridiculous sham.&nbsp; So now we have the CAC!&nbsp; Note:&nbsp; That is a statement of how we perceived the situation back then - it is NOT a condemnation of anyone nowadays.</p><p><br /></p><p>&nbsp;<b>If</b> the slabbers were made accountable by stating specifically why they assign a certain grade to each coin, then the system would be a lot more legit.&nbsp; Qualifying exactly what makes a coin MS70 vs MS69 though would not allow them the wiggle room they enjoy.&nbsp; Let&#039;s face it, since its all objective anyway - is their <b>really</b> an actual difference in a perceived MS69 and MS70?&nbsp; I find it very interesting my coin dealer told me he has been comparing with other dealers for years and found that a monster box of ASEs sent in will regularly have the same percentage of coins returned as slabbed MS70.&nbsp; Coincidence?&nbsp; Uh huh.</p><p><br /></p><p>Then lets get into computer grading shall we?&nbsp; The tech was there in the 90s.&nbsp; I used to work with a quality control machine that we would put a part onto the stage, walk the machine through the process of scanning many points on an item, and then it could do it by itself to evaluate the quality of any similar part we put onto the machine.&nbsp; This was in 1995. </p><p><br /></p><p>Do we really thing that with even the phones in our pockets having face recognition nowadays that coin grading could not have been a science years ago?&nbsp; </p><p><br /></p><p>The slabbers put big bucks into looking into computer grading systems in the 90s, and they even started using it to some extent (at least that is what I have read online).&nbsp; But its my personal opinion the slabbers saw another large opportunity looming.</p><p><br /></p><p>If they put off the computer grading system&#039;s implementation (and all of them did), then after another 20-30 years when business was slowing from so many key coins being slabbed, the slabbers could again get paid all over again for the coins they already handled.&nbsp; How?&nbsp; I see their marketing scheme now...&quot;Just how can you sleep at night knowing their MS690 might just grade MS70 if human error were not involved?&nbsp; WE now can remove all possibilities of human error!&quot;</p><p><br /></p><p>And then, of course, in another 20-30 years they can re-introduce it all again by claiming the programming algorithm originally used was not as efficient as a new one they came up with.&nbsp; So now that they upgraded the computer grading system to be far superior, they will once again take your money for the same coin.</p><p><br /></p><p>And anyone thinking this is far fetched - refer back to the idea of what we used to know about how no one would fall for what we now know as the CAC.&nbsp; And... it was around a year ago, there was a new system starting up to try to grade the CAC system&#039;s evaluation!&nbsp; At least that one failed... for now.</p><p><br /></p><p>Behold the future...</p><p>[ATTACH=full]576514[/ATTACH][/QUOTE]</p><p><br /></p>

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