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<p>[QUOTE="GDJMSP, post: 7354591, member: 112"]As I have also told you before, it's NOT a matter of technical grading vs market grading. Technical grading ceased to exist in 1986. NGC, PCGS, and ICG have never, ever, used technical grading. ANACS is the only TPG who ever used it. And even they stopped using technical grading in '86 - when the ANA invented market grading !</p><p><br /></p><p>It's really simple, the TPGs changed their grading standards in 2004 because they had to if they wanted to stay in business ! In very simple terms, there just weren't enough coins to grade anymore - they had all been graded already. So the only way to keep submissions coming in was to loosen grading standards. By doing that, all previously graded coins could be regraded - higher than they were before ! And what coin owner doesn't want that ??? </p><p><br /></p><p>You also have to realize that running out of coins to grade wasn't something that just happened overnight, it took a while to get to that point - 18 years ! 1986 till 2004. And it also wasn't like they didn't see it coming - which is why they were constantly coming up with new gimmicks, star labels, white labels, autographed labels, etc. And, until 2001 NGC flat refused to grade ANY coin minted after 1964. But to keep submissions going - they changed that. Then you have to remember that in 2004 (and until 2007) problem coins were body-bagged - they were not slabbed at all. They all changed that also to keep submissions up because even changing the grading standards wasn't enough to keep submissions where they needed them - fast enough. Because not all collectors were savvy enough to realize what was going on as fast as knowledgeable people were. </p><p><br /></p><p>The TPGs have constantly and repeatedly made changes, used gimmicks, done everything they could do to keep submissions up because the number of coins that can be graded is finite ! There are only so many of them ! So you change, or close the doors.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 7354591, member: 112"]As I have also told you before, it's NOT a matter of technical grading vs market grading. Technical grading ceased to exist in 1986. NGC, PCGS, and ICG have never, ever, used technical grading. ANACS is the only TPG who ever used it. And even they stopped using technical grading in '86 - when the ANA invented market grading ! It's really simple, the TPGs changed their grading standards in 2004 because they had to if they wanted to stay in business ! In very simple terms, there just weren't enough coins to grade anymore - they had all been graded already. So the only way to keep submissions coming in was to loosen grading standards. By doing that, all previously graded coins could be regraded - higher than they were before ! And what coin owner doesn't want that ??? You also have to realize that running out of coins to grade wasn't something that just happened overnight, it took a while to get to that point - 18 years ! 1986 till 2004. And it also wasn't like they didn't see it coming - which is why they were constantly coming up with new gimmicks, star labels, white labels, autographed labels, etc. And, until 2001 NGC flat refused to grade ANY coin minted after 1964. But to keep submissions going - they changed that. Then you have to remember that in 2004 (and until 2007) problem coins were body-bagged - they were not slabbed at all. They all changed that also to keep submissions up because even changing the grading standards wasn't enough to keep submissions where they needed them - fast enough. Because not all collectors were savvy enough to realize what was going on as fast as knowledgeable people were. The TPGs have constantly and repeatedly made changes, used gimmicks, done everything they could do to keep submissions up because the number of coins that can be graded is finite ! There are only so many of them ! So you change, or close the doors.[/QUOTE]
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