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<p>[QUOTE=&quot;Lehigh96, post: 1447339, member: 15309&quot;]Perhaps for a knowledgeable collector like yourself it was fine.&nbsp; For the 95% that Doug was talking about that don&#039;t know how to grade, it certainly wasn&#039;t fine.&nbsp; Unscrupulous dealers would routinely buy coins from people telling them that they were AU and reselling them as GEM BU.&nbsp; Third party grading leveled the playing field whether you would like to admit it or not.&nbsp; Gradeflation and non unified grading standards are a very small price to pay for the stability that the TPG&#039;s have brought to the market.&nbsp; While authentication is extremely valuable for key dates and rare coins, the more common coins benefit much more from the grading aspect.&nbsp; The reason you don&#039;t like the grading aspect of the TPG&#039;s is simply because they don&#039;t employ YOUR grading standards.&nbsp; </p><p><br /></p><p>And yes, I do believe that grading standards that pre-date the TPG&#039;s are irrelevant.&nbsp; And so do you!&nbsp; You have readily admitted on this forum that while you have the ability to predict a TPG grade, your assigned grade based on the application of ANA standards is usually one number grade less.&nbsp; That means that if you try to purchase a certified coin you will be offering MS64 money for MS65 graded coins and will never be able to make a purchase.&nbsp; Is it any wonder why you only buy raw US coins.&nbsp; The TPG standards have basically shut you out and locked the door.&nbsp; If that is not enough to convince you then try this: please read the holographic label on the reverse of an NGC slab.&nbsp; If people want to study the historical aspect of grading for enjoyment, that is fantastic, but it is not a requirement to become a proficient grader given the current numismatic environment.[/QUOTE]</p><p><br /></p>

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