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<p>[QUOTE=&quot;Insider, post: 3105053, member: 24314&quot;]mikenoodle, posted: &quot;Totally. So totally jacked.&quot;</p><p><br /></p><p>Jacked for the better!&nbsp; IMO, this discussion is more useful than writing about HSN and what TPGS they are pushing.</p><p><br /></p><p>As Baseball said,TDN has put it best with those how they&#039;re so rare they&#039;re not graded they&#039;re ranked.&nbsp; There is an excellent discussion of how this works on CU.&nbsp; The discussion is in the thread about the recent sale of an 1804 dollar.&nbsp; The author related how the grades of these coins increased and how, have no relationship to reality&nbsp; - just ranking.</p><p><br /></p><p>V. Kurt Bellman, posted: Quote: &quot;The official ANA grading standards do not seek to <i>influence </i>or <i>establish </i>current grading practices, but to report, clarify and explain them. By reading and applying the ANA&#039;s standards, you will understand <i><b>technical grading, </b></i>[this last emphasis is mine] the foundation on which coin grading <b><i>began</i></b>, and today&#039;s real-world market grading practices.&quot;</p><p><br /></p><p>A little clarification is needed here.&nbsp; When you repeat something enough times folks believe it.&nbsp; Examples:</p><p><br /></p><p>1. ANACS was first TPGS.&nbsp; Nope.&nbsp; The are the oldest and after decades of advertising they have finally corrected the record.&nbsp; I graded at the first TPGS.</p><p><br /></p><p>2. ANACS and the grading guide uses technical grading.&nbsp; Nope!</p><p><br /></p><p>You see, I was the sole person who came up with the &quot;Technical Grading System&quot; we used for internal records at ANACS in 1972.&nbsp; Later, it was used at the first TPGS - INSAB.&nbsp; This grading system was not influenced by time, rarity, value, or the condition of the market.&nbsp; It was based on my understanding of the strict Sheldon Grading System.&nbsp; After ANACS moved to CO, in spite of what they wrote or said, they had no clue nor did they used TRUE technical grading! </p><p><br /></p><p>V. Kurt Bellman, posted: &quot;No sir, it may behoove YOU to know the when there is a 7th edition of a volume, that kind of AUTOMATICALLY eviscerates volumes 1 through 6.&quot;</p><p><br /></p><p>The 7th Edition is the only one that should be used as it has been updated for the better.[/QUOTE]</p><p><br /></p>

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