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<p>[QUOTE=&quot;vavet, post: 377280, member: 11630&quot;]Talk about revisionist history. The primary reason the ANA sent bid forms to all those TPG&#039;s was to try and generate a higher sale price for their endorsement. The ANA specified a floating price structure based on the number of companies that were willing to pay the freight (which was substantially greater that what NGC had previously paid) and met the ANA standards. </p><p>&nbsp;</p><p>The biggest cry baby the last time the ANA sold their endorsement was PCGS. They even ran full page ads in Numismatic publications blasting the ANA. So, if the objective was only to address the previous process, then why on earth didn&#039;t any grading company including PCGS accept the ANA&#039;s offer. In fact, even NGC refused to submit a bid under those circumstances. The answer is clear. The TPG&#039;s, being proficient at manipulation saw through the ANA&#039;s attempt to manipulate the amount of the purchase price for their endorsement.</p><p>&nbsp;</p><p>Everyone would do well to realize that PCGS created the business model that SGS has taken to another level. By their own admission, the PCGS gang of founders and authorized dealers were stiffing the buying public before and after PCGS was started. In many cases a one or two point overgrade by PCGS could amount to thousands of dollars whereas even a 20 point overgrade by SGS is only likely to amount to less than a C note, so who is the biggest scam artist. Furthermore, just because certain TPG&#039;s have a marketing system that gives the illusion of credibility doesn&#039;t ligitimize their tweaking of the standards over time in order to hide their overgrading. </p><p>&nbsp;</p><p>It simply amazes me how collectors buy into the buzz words and phrases being spoon fed to them by the TPG&#039;s. &quot;First strike&quot;, &quot;shipwreak effect&quot;, &quot;market grading&quot;, &quot;frame of reference&quot;, &quot;grade guarantee&quot; (what the really guarantee is their opinion and their opinion only) &quot;aspire to greatness&quot; and on and on. I look forward to the next creation that is designed solely to relieve the collector of more of their hobby funds. What ever happened to critical thinking?[/QUOTE]</p><p><br /></p>

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