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<p>[QUOTE="iPen, post: 2627858, member: 69760"]Very interesting discussion. I received a <a href="https://www.ngccoin.com/news/article/5740/?utm_source=marketo&utm_medium=email&utm_campaign=17-NG-2181-NGCResearchPCGSPopulationsAndPrices&mkt_tok=eyJpIjoiT1RZM01ETXlOV1ZsTnpZeCIsInQiOiJ5R2VPWmQ5c2xCWExWclVQQjJuVmNlRkhmRXhraHF4dERzdGFUaFpHQk14THR2OENjeUNwQ1A0MU5YMytBYkNOZ2tpWXVDMzdRWVpqcGNrRU5pSEQwVCtOcXJNMCtUYVFQS3BmeFFBMmoyRklUM2ZROVZYVnVwMkw5MzRWRkdyQSJ9" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ngccoin.com/news/article/5740/?utm_source=marketo&utm_medium=email&utm_campaign=17-NG-2181-NGCResearchPCGSPopulationsAndPrices&mkt_tok=eyJpIjoiT1RZM01ETXlOV1ZsTnpZeCIsInQiOiJ5R2VPWmQ5c2xCWExWclVQQjJuVmNlRkhmRXhraHF4dERzdGFUaFpHQk14THR2OENjeUNwQ1A0MU5YMytBYkNOZ2tpWXVDMzdRWVpqcGNrRU5pSEQwVCtOcXJNMCtUYVFQS3BmeFFBMmoyRklUM2ZROVZYVnVwMkw5MzRWRkdyQSJ9" rel="nofollow">public announcement email</a> from NGC's Mark Salzberg stating the troublesome grading trends at PCGS. The claim was that their competition were becoming more and more inconsistent with their grading, and giving more lenient grades (excerpt below). Obviously, this position and view comes from a conflict of interest, but I'm wondering if the OP's example echos Salzberg's claims and sentiments.</p><p><br /></p><p><br /></p><blockquote><p><font size="4">Over the last five years or so, I have noticed a perplexing trend at PCGS. There has been a dramatic increase in the grades assigned by PCGS for a wide range of coin types and, consequently, I believe that this has caused an extraordinary reduction in the value of many PCGS-certified coins.</font></p><p><font size="4"><br /></font></p><p><font size="4">As an NGC grading finalizer for the last 30 years, I have worked to ensure the accuracy and consistency of NGC’s grading. I have also closely observed the grading standards employed by our competitor and I can say with confidence that I believe that the grading standards PCGS uses today are completely different from the standards it used 10, 20 or 30 years ago.</font></p><p><font size="4"><br /></font></p><p><font size="4">It is my belief that the sudden change in PCGS grading standards around five years ago is harmful not just to collectors of PCGS-certified coins, but to the entire hobby.</font></p></blockquote><p>[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2627858, member: 69760"]Very interesting discussion. I received a [URL='https://www.ngccoin.com/news/article/5740/?utm_source=marketo&utm_medium=email&utm_campaign=17-NG-2181-NGCResearchPCGSPopulationsAndPrices&mkt_tok=eyJpIjoiT1RZM01ETXlOV1ZsTnpZeCIsInQiOiJ5R2VPWmQ5c2xCWExWclVQQjJuVmNlRkhmRXhraHF4dERzdGFUaFpHQk14THR2OENjeUNwQ1A0MU5YMytBYkNOZ2tpWXVDMzdRWVpqcGNrRU5pSEQwVCtOcXJNMCtUYVFQS3BmeFFBMmoyRklUM2ZROVZYVnVwMkw5MzRWRkdyQSJ9']public announcement email[/URL] from NGC's Mark Salzberg stating the troublesome grading trends at PCGS. The claim was that their competition were becoming more and more inconsistent with their grading, and giving more lenient grades (excerpt below). Obviously, this position and view comes from a conflict of interest, but I'm wondering if the OP's example echos Salzberg's claims and sentiments. [SIZE=4][/SIZE] [INDENT][SIZE=4]Over the last five years or so, I have noticed a perplexing trend at PCGS. There has been a dramatic increase in the grades assigned by PCGS for a wide range of coin types and, consequently, I believe that this has caused an extraordinary reduction in the value of many PCGS-certified coins. As an NGC grading finalizer for the last 30 years, I have worked to ensure the accuracy and consistency of NGC’s grading. I have also closely observed the grading standards employed by our competitor and I can say with confidence that I believe that the grading standards PCGS uses today are completely different from the standards it used 10, 20 or 30 years ago. It is my belief that the sudden change in PCGS grading standards around five years ago is harmful not just to collectors of PCGS-certified coins, but to the entire hobby.[/SIZE][/INDENT][/QUOTE]
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PCGS ... this is indefensible!
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