Reply to Thread

Message:: [QUOTE="GDJMSP, post: 1369603, member: 112"]Yeah, that has always been the assumption. Buy why did people ever make that assumption in the first place ? The answer is pretty simple - because PCGS wanted you to make that assumption. And in order to try and make that happen the company had a policy that they would not assign the 70 grade, even to coins that deserved the 70 grade. And sure enough, it happened. People assumed that the reason PCGS did not assign the 70 grade was because the PCGS standards were tougher than NGC's standards - who assigned the 70 grade quite regularly. In other words, it was all a scam to initiate and perpetuate the myth that PCGS was the better grading company. It was an intentional act to get people to believe something that simply wasn't true. It went on for years. However, a few years ago PCGS changed that policy, (and publicly announced that they had changed it), because they were losing so much business to NGC. And so PCGS began assigning the 70 grade to coins that were deserving of the 70 grade. And wonder of wonders, today PCGS often assigns even more 70 grades than NGC does. But of course only a few have even noticed this yet. So the myth continues in the minds of most PCGS fans. Even though the evidence proves that it was all a myth from the very beginning.[/QUOTE]