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<p>[QUOTE="GDJMSP, post: 7355531, member: 112"]One of the very points I mentioned. </p><p><br /></p><p><br /></p><p><br /></p><p>If you don't understand what I said, until 2001 NGC had not graded even 1 new coin - not a single one - for over 14 years they did not grade new coins. They changed and suddenly started grading new coins in 2001 because they had to do so to stay in business.</p><p><br /></p><p>You also have to be aware that yeah today, grading new coins is a big part of their business, well over 50% of their business. But in 2004, and all years prior to that, grading new coins was but a small fraction of the business the TPGs did. They actively started marketing campaigns and sought out the new coin business to help make up for all the classic coins they were not getting.</p><p><br /></p><p>That's the whole point, all the stuff they do now, they do to replace the business they don't get from classic coins anymore.</p><p><br /></p><p>Now I have predicted for years that at some point down the road that they are gonna swap it all around and go back to the old strict grading standards - because they can only keep loosening grading standards so much. It's already gotten to the point that it's beyond ridiculous. And much of the market has realized that. So they're gonna have to change yet again.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 7355531, member: 112"]One of the very points I mentioned. If you don't understand what I said, until 2001 NGC had not graded even 1 new coin - not a single one - for over 14 years they did not grade new coins. They changed and suddenly started grading new coins in 2001 because they had to do so to stay in business. You also have to be aware that yeah today, grading new coins is a big part of their business, well over 50% of their business. But in 2004, and all years prior to that, grading new coins was but a small fraction of the business the TPGs did. They actively started marketing campaigns and sought out the new coin business to help make up for all the classic coins they were not getting. That's the whole point, all the stuff they do now, they do to replace the business they don't get from classic coins anymore. Now I have predicted for years that at some point down the road that they are gonna swap it all around and go back to the old strict grading standards - because they can only keep loosening grading standards so much. It's already gotten to the point that it's beyond ridiculous. And much of the market has realized that. So they're gonna have to change yet again.[/QUOTE]
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