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<p>[QUOTE="Morgandude11, post: 1439163, member: 37839"]The debate regarding the consistency of TPG will wage on forever. I posted a response on another thread about how vague grading was in the "old days" before TPG in the 80's and before. I remember the "word" grades- Poor,Fair, AG, Good, Fine, Very Fine, Extra Fine, About Uncirculated, Uncirculated, and BU Uncirculated. Now, talk about consistency there!!! Enough wiggle room to drive a truck through, and room for endless subjectivity. Here, we are arguing within a NUMERICAL range, where there, an entire standard was in question. What did BU mean before TPG? Is it what is nowadays a MS 63 or a 65? What about the "slider" coins that have been very lightly cleaned to make them look uncirculated, when they were true AU coins? What about subjectivity there?? Yes, it encouraged people to be good graders, but then again, a lot of misrepresentation and blatant fraud took place.</p><p><br /></p><p>Do I think TPGs always get it right? Of course not, as human beings are open to subjectivity. Have standards gotten easier--yes, certainly to a degree, and a lot of it isn't deception--it is just that after looking at millions of coins, it is hard to maintain objectivity. However, on the whole, I think TPG policies have made the coin hobby and business (they are often highly intertwined) far more of a level playing field. It isn't a 100% level field, as the same coin can be grades somewhat differently on different days. However, in my opinion, both NGC and PCGS, on the whole, do a pretty good job of grading overall. Do they misgrade coins---yes, both over and under grades take place. However, it has made the sight unseen purchase of coins possible--I don't have to drive or fly to California from Florida to make an intelligent purchase. For that, I am happy with both companies, and always buy the coin I like, and not the holder as the final decision. The bottom line for me is always---DO I LIKE THE COIN? That decision rests with me, and not the TPG services. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 1439163, member: 37839"]The debate regarding the consistency of TPG will wage on forever. I posted a response on another thread about how vague grading was in the "old days" before TPG in the 80's and before. I remember the "word" grades- Poor,Fair, AG, Good, Fine, Very Fine, Extra Fine, About Uncirculated, Uncirculated, and BU Uncirculated. Now, talk about consistency there!!! Enough wiggle room to drive a truck through, and room for endless subjectivity. Here, we are arguing within a NUMERICAL range, where there, an entire standard was in question. What did BU mean before TPG? Is it what is nowadays a MS 63 or a 65? What about the "slider" coins that have been very lightly cleaned to make them look uncirculated, when they were true AU coins? What about subjectivity there?? Yes, it encouraged people to be good graders, but then again, a lot of misrepresentation and blatant fraud took place. Do I think TPGs always get it right? Of course not, as human beings are open to subjectivity. Have standards gotten easier--yes, certainly to a degree, and a lot of it isn't deception--it is just that after looking at millions of coins, it is hard to maintain objectivity. However, on the whole, I think TPG policies have made the coin hobby and business (they are often highly intertwined) far more of a level playing field. It isn't a 100% level field, as the same coin can be grades somewhat differently on different days. However, in my opinion, both NGC and PCGS, on the whole, do a pretty good job of grading overall. Do they misgrade coins---yes, both over and under grades take place. However, it has made the sight unseen purchase of coins possible--I don't have to drive or fly to California from Florida to make an intelligent purchase. For that, I am happy with both companies, and always buy the coin I like, and not the holder as the final decision. The bottom line for me is always---DO I LIKE THE COIN? That decision rests with me, and not the TPG services. :)[/QUOTE]
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