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<p>[QUOTE=&quot;statequarterguy, post: 991313, member: 21782&quot;]Well, we&#039;re going to have to agree to disagree.&nbsp; Most of the Morgans involved in the scandal that I read about were slabbed.&nbsp; Coin World was filled with articles discussing how the grading standards had changed, which was the reason why slabbed Morgans were now worth less.&nbsp; ANACS was around prior to 1986 and if PCGS was involved, maybe the standards tighten further after 1986.&nbsp; I don’t hear anything about early pcgs slabs being conservatively graded as are the later green labels.&nbsp; So, the problem was not only over graded coins, it was a real change in standards. Although there may be other factors that contributed to the 1989 crash, the chart does not rule out the grading standard changes, as it took time for it to affect the market.&nbsp; As a matter of fact, it would be impossible for a scandal that big not to affect the market.&nbsp; Wait for the next one to break to see what I mean.</p><p><br /></p><p>Now, there have been and will continue to be real grading standard changes within the TPG&#039;ers.&nbsp; Take for example pcgs&#039;s green labels, these coins are definitely graded more conservatively that later issues.&nbsp; </p><p><br /></p><p>As for any guarantees, they&#039;re only as good as long as the company is in business.&nbsp; If another scandal, equivalent to the Morgan scandal breaks, I doubt many, if any TPG&#039;ers will survive.[/QUOTE]</p><p><br /></p>

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