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<p>[QUOTE=&quot;Insider, post: 2568931, member: 24314&quot;]You are preaching to the choir.&nbsp; Grade the coin based on its condition of preservation and let the coin bring &quot;what it is worth&quot; in the coin market.</p><p><br /></p><p><b><span style="color: #b30000">Ain&#039;t ever going to happen</span></b>. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /></p><p><br /></p><p>That&#039;s the way it was done in the 1970&#039;s at INSAB (first TPGS) and ANACS (second TPGS).&nbsp; INSAB was eventually put out of business (too conservative) and ANACS changed their standards to reflect the market.&nbsp; The failure of these two (at the time the only grading services) + NCI which came later was due to dealers with a vested interest that founded PCGS and later NGC who claim to put a value on coins for the industry.&nbsp; These guys were not concerned with the ACTUAL condition of preservation - only what it seemed to be.&nbsp; Over the years, what &quot;seemed to be&quot; has been a moving target.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>As to dangerous for new collectors...unless you were a collector in the 1960&#039;s you have no idea of danger. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />&nbsp; Look, if the coin dealers, market makers, and TPGS say an AU Capped Bust half is MS-63, it is an MS-63 and trades at MS-63 price levels.&nbsp; No harm done. </p><p><br /></p><p>One more thing, when all us conservative graders who know an AU coin when we see it are dead, the new generation will have grown up with and been taught that AU = 63 so no harm done.&nbsp; New standards will prevail.[/QUOTE]</p><p><br /></p>

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