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<p>[QUOTE="imrich, post: 948961, member: 22331"]<b>I wish you were correct, but</b></p><p><br /></p><p><br /></p><p><br /></p><p><font face="Arial Black">I wish you were, but I must sadly state that standards appear to be slipping, and as GD has correctly insinuated, there appears to be such great latitude that buyers will virtually purchase anything, especially when graded by the "premier" TPG. In the past, a MS65 coin was virtually non-existent, and arguments often arose as to whether a coin was AU or MS. Today premier TPG outrageously grade large quantities of coins at MS69/MS70, which when offered at bullion value, have gone without bids. These TPG have gotten so outlandish in their grading that they are "splitting" grades by offering refined grading in a specific grade, and dealers are commanding higher prices for same. Dealers are demanding greater prices when a premier TPG graded coin is "accepted" as proper by a secondary certification. I can still remember the ridicule ACG (AH) received when a coin was given a grade with emphasis on attributes/features, and critics were incredulous about a grade being split. Where are those critics now when their "cash cow" has been found producing greater profits for the same grade. My diminished opinion of the premier TPG was further reduced when I recently purchased an "unseen" scarce date PR70 at a great premium , which shouldn't need to be "sight seen", and it had an obvious flawed finish. In my humble understanding, a PR70 graded coin is to be "flawless", not a PR69.*. I'm sorry folks, but I'm certain you'd have a cold chance in Hell getting any relief in a court, if I represented a seller accused of improper grading, resulting in loss of value. GD has honestly presented the truth in proper fashion. Regardless of how we would prefer, grading is still an unestablished Art, which we best accept until an international standard is established. Please, be patient with the messenger, and accepting/understanding of the message. THATS ALL FOLKS!! </font><font face="Arial Black">:w8v4:</font>[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 948961, member: 22331"][b]I wish you were correct, but[/b] [FONT=Arial Black]I wish you were, but I must sadly state that standards appear to be slipping, and as GD has correctly insinuated, there appears to be such great latitude that buyers will virtually purchase anything, especially when graded by the "premier" TPG. In the past, a MS65 coin was virtually non-existent, and arguments often arose as to whether a coin was AU or MS. Today premier TPG outrageously grade large quantities of coins at MS69/MS70, which when offered at bullion value, have gone without bids. These TPG have gotten so outlandish in their grading that they are "splitting" grades by offering refined grading in a specific grade, and dealers are commanding higher prices for same. Dealers are demanding greater prices when a premier TPG graded coin is "accepted" as proper by a secondary certification. I can still remember the ridicule ACG (AH) received when a coin was given a grade with emphasis on attributes/features, and critics were incredulous about a grade being split. Where are those critics now when their "cash cow" has been found producing greater profits for the same grade. My diminished opinion of the premier TPG was further reduced when I recently purchased an "unseen" scarce date PR70 at a great premium , which shouldn't need to be "sight seen", and it had an obvious flawed finish. In my humble understanding, a PR70 graded coin is to be "flawless", not a PR69.*. I'm sorry folks, but I'm certain you'd have a cold chance in Hell getting any relief in a court, if I represented a seller accused of improper grading, resulting in loss of value. GD has honestly presented the truth in proper fashion. Regardless of how we would prefer, grading is still an unestablished Art, which we best accept until an international standard is established. Please, be patient with the messenger, and accepting/understanding of the message. THATS ALL FOLKS!! [/FONT][FONT=Arial Black]:w8v4:[/FONT][/QUOTE]
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