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<p>[QUOTE=&quot;Lehigh96, post: 1913650, member: 15309&quot;]You have just touched on a topic that I hate more than any other in our hobby.&nbsp; This idea that the market is &quot;willy nilly&quot; and will just up and change in the future is a complete and total fallacy.&nbsp; As is the idea that the TPGs consciously loosen and tighten their grading standards.&nbsp; I have always said that gradeflation is the natural and predictable result based on the inherent subjectivity in coin grading.&nbsp; PQ coins for the assigned grade will be resubmitted until they become low end coins in the higher grade.&nbsp; Over time, this process will make it appear that the TPG&#039;s have loosened their grading standards even though it never happened.</p><p><br /></p><p>When the TPGs first started in the 80&#039;s, they made mistakes.&nbsp; They even admit that some of their policies were flawed.&nbsp; The hard and fast rules employed in grading coins became problematic and they were forced to start making exceptions to the rules.&nbsp; Allowing for roll friction, silent net grades, allowing for specific mint conditions were all changes that were made to the grading process over the years.&nbsp; It is unfair to blame the TPGs for changing their procedures.&nbsp; They were in their infancy and were simply growing and refining their grading methods so that they could accurately judge as many coins as possible.&nbsp; Those changes were not arbitrary and are not an indication that the policies will simply be reversed at some time in the future because &quot;the market&quot; changed again.</p><p><br /></p><p>If you wanna worry about whether PCGS or NGC will still exist in 50 years or what the coin market will look like in 50 years, be my guest.&nbsp; IMO, there are much more important things to worry about 50 years from now.</p><p><br /></p><p>Don&#039;t take this the wrong way.&nbsp; I understand your point, and I even agree with it to a certain extent, but I really think you are making a mountain out of a mole hill.&nbsp; When you start using the word predatory, I think of people selling stocks or cars or real estate.&nbsp; I certainly don&#039;t think of the TPGs as predatory.[/QUOTE]</p><p><br /></p>

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