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How on Earth could PCGS have graded this coin problem free?!!!
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<p>[QUOTE="Lehigh96, post: 2018695, member: 15309"]Your explanation depends upon ignoring what is plainly obvious: that the numbers do actually include moderns despite the verbiage to the contrary at the top of the page. Here is my explanation. When you look at the data from an objective perspective and in its entirety, it shows that there was very little change at all in grades from 2003 to 2006.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Gradeflation/Screenshot2014-11-10at43915PM_zpsda5587a6.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I have input all of the data for the mint state ranges into a spread sheet. The top portion shows the data from the PCGS reports for 2003, 2006, and the variance between the two years. The second section shows the data as a percentage of total for 2003, 2006, and the increase/decrease from 2003 to 2006. And by looking at those increases/decreases it is easy to see that increase in MS69 grades is caused by the inclusion of modern coins since that grade is basically non existent in classic (pre 1964) coinage. However, if we remove the coins graded MS68-MS70 and recalculate, we get a much better approximation of the actual changes in grades over the years. I say "approximation" because there still are moderns included in the grades below MS68 which skew the numbers to the high end. That said, if we look at the bottom section we see that the single biggest variance from 2003 to 2006 was a 2.47% increase in gold coins graded MS64. If we review the overall increases/decreases there is nothing about the data that indicates that PCGS loosened their grading standards.</p><p><br /></p><p>Now you can ignore the data (that you provided) and continue to believe what you have invented in your mind, or you can open your eyes and mind to the fact that you have been wrong about this subject for a very long time. </p><p><br /></p><p>Do you see that one of the biggest increases as a % of total from 2003 to 2006 exists in copper coins graded G8-VF35 with an increase of 1.43%? You don't see me telling you that it equates to PCGS tightening their grading standards do you? That is because it doesn't mean that at all. It simply indicates that from 2003 to 2006, the % of circulated copper coins submitted to PCGS was significantly higher than it was from 1986 to 2003.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2018695, member: 15309"]Your explanation depends upon ignoring what is plainly obvious: that the numbers do actually include moderns despite the verbiage to the contrary at the top of the page. Here is my explanation. When you look at the data from an objective perspective and in its entirety, it shows that there was very little change at all in grades from 2003 to 2006. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Gradeflation/Screenshot2014-11-10at43915PM_zpsda5587a6.png[/IMG] I have input all of the data for the mint state ranges into a spread sheet. The top portion shows the data from the PCGS reports for 2003, 2006, and the variance between the two years. The second section shows the data as a percentage of total for 2003, 2006, and the increase/decrease from 2003 to 2006. And by looking at those increases/decreases it is easy to see that increase in MS69 grades is caused by the inclusion of modern coins since that grade is basically non existent in classic (pre 1964) coinage. However, if we remove the coins graded MS68-MS70 and recalculate, we get a much better approximation of the actual changes in grades over the years. I say "approximation" because there still are moderns included in the grades below MS68 which skew the numbers to the high end. That said, if we look at the bottom section we see that the single biggest variance from 2003 to 2006 was a 2.47% increase in gold coins graded MS64. If we review the overall increases/decreases there is nothing about the data that indicates that PCGS loosened their grading standards. Now you can ignore the data (that you provided) and continue to believe what you have invented in your mind, or you can open your eyes and mind to the fact that you have been wrong about this subject for a very long time. Do you see that one of the biggest increases as a % of total from 2003 to 2006 exists in copper coins graded G8-VF35 with an increase of 1.43%? You don't see me telling you that it equates to PCGS tightening their grading standards do you? That is because it doesn't mean that at all. It simply indicates that from 2003 to 2006, the % of circulated copper coins submitted to PCGS was significantly higher than it was from 1986 to 2003.[/QUOTE]
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How on Earth could PCGS have graded this coin problem free?!!!
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