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Message:: [QUOTE="GDJMSP, post: 2854607, member: 112"]Yeah I agree with that. In fact it's still true to a large degree. A large percentage of collectors and dealers alike still refuse to have anything to do with modern coins, with modern being defined as anything minted after 1964. As a matter of fact, until 2001 NGC flat out refused to even grade coins minted after 1964. But even once NGC started grading moderns in 2001, between then and the end of 2003 a coin, any coin, graded a 70 was a true scarcity. Back then even an ASE graded a 70 might sell for as much as $5,000 on a regular basis. Some of them 7 or 8 thousand. But it wasn't that they weren't submitting the moderns prior to the 2000's, they had been submitting them all along to PCGS. And then NGC too in 2001. At the end of 2003 there were millions of moderns that had been graded 69 by both companies. So everybody was trying to get the 70 grade all along, they just couldn't get them because the TPG grading standards were what they should be, what they always had been. But in 2004 when they all changed standards, greatly loosened them, the number of 70 coins literally exploded exponentially. And in the last 7 or 8 years, they exploded again because the TPGs loosened standards even more than they did in 2004.[/QUOTE]