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<p>[QUOTE="GDJMSP, post: 1405972, member: 112"]The outcome of these contests can be due to several things. One is that most people don't know how to grade the way that PCGS grades. Another is some people don't know to grade at all. Yet another possibility is that maybe PCGS was wrong with a given coin, or several coins. Yet another is that maybe some people know how to grade some coins but don't know how to grade other coins.</p><p><br /></p><p>The reality is there are all kinds of possibilities. But who is to say that when it comes right down to it that PCGS was right in the grade that they assigned to the coins ? </p><p><br /></p><p>I've never yet met even 1 experienced collector or dealer who does not agree that the TPGs do make mistakes when it comes to grading. Even the TPGs admit that they make mistakes. Do we just assume that PCGS was right in the grades assigned to the coins used in these contests ? And if they were wrong on any - which ones were they wrong on ?</p><p><br /></p><p>And what about when the coins were graded, does that enter into it ? Some people say that the TPGs don't change their grading standards. But those very same people will also make comments like - they (the TPGs) are being very tight now, or they are loose right now. </p><p><br /></p><p>Well exactly does that mean if it does not mean that there has been a change in grading standards ? The standards either don't change or they do - it can't be both. And what about huge and sudden increases in population numbers of 200-300% for certain grades. If the grading standards didn't change - then why the huge and sudden increase ? There is no other viable explanation - there was a change.</p><p><br /></p><p>To me these contests have 1 purpose - to promote the TPG. The contests are great advertising, they get people involved, they get people talking about the TPG, they help promote more business for the TPG and bring more and new customers to the TPG. And they help increase and solidify the reputation of the TPG in the minds of the people. In short, the contests are good for the TPG. But of course they were always intended to be just that.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1405972, member: 112"]The outcome of these contests can be due to several things. One is that most people don't know how to grade the way that PCGS grades. Another is some people don't know to grade at all. Yet another possibility is that maybe PCGS was wrong with a given coin, or several coins. Yet another is that maybe some people know how to grade some coins but don't know how to grade other coins. The reality is there are all kinds of possibilities. But who is to say that when it comes right down to it that PCGS was right in the grade that they assigned to the coins ? I've never yet met even 1 experienced collector or dealer who does not agree that the TPGs do make mistakes when it comes to grading. Even the TPGs admit that they make mistakes. Do we just assume that PCGS was right in the grades assigned to the coins used in these contests ? And if they were wrong on any - which ones were they wrong on ? And what about when the coins were graded, does that enter into it ? Some people say that the TPGs don't change their grading standards. But those very same people will also make comments like - they (the TPGs) are being very tight now, or they are loose right now. Well exactly does that mean if it does not mean that there has been a change in grading standards ? The standards either don't change or they do - it can't be both. And what about huge and sudden increases in population numbers of 200-300% for certain grades. If the grading standards didn't change - then why the huge and sudden increase ? There is no other viable explanation - there was a change. To me these contests have 1 purpose - to promote the TPG. The contests are great advertising, they get people involved, they get people talking about the TPG, they help promote more business for the TPG and bring more and new customers to the TPG. And they help increase and solidify the reputation of the TPG in the minds of the people. In short, the contests are good for the TPG. But of course they were always intended to be just that.[/QUOTE]
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