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Message:: [QUOTE="Burton Strauss III, post: 3044157, member: 59677"]That's not just gradeflation, that's more toning and CAC. It's a nice way of saying that all superficially similar Goods i e ms-63s of the same year and mint mark aren't actually interchangeable. Which defeats one of the purposes behind TPG grading. Which was the hope that if there was a reliable third-party creating interchangeable Goods you would be able to sell them into IRAs and unlock huge demand. Never happened. There are plenty of dogs in old holders picked over a thousand times and will never upgrade. But it's ultimately BS unless they actually examine every coin sold, how do you differentiate? The only thing they can do is say that price is so much above or below our price that it must be because of something with the holder. And that's substituting the wisdom of the price guide compiler for the wisdom of the marketplace.[/QUOTE]