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<p>[QUOTE=&quot;Pickin and Grinin, post: 3419717, member: 73995&quot;]No one ever said they had to work together. Each and every one of the company&#039;s decided to start grading from a set of standards. These standards were in place for much longer than any of the company&#039;s have been in business.</p><p>Now we have AU coins being graded as Mint State, EF as AU, VF as XF and on down the line. Maybe you can enlighten us on why this practice should be accepted? </p><p><br /></p><p>The standards don&#039;t need to change. What does need to change is their manipulation of these standards to fit how they feel in a certain time period.</p><p><br /></p><p>Making up new rules to fit there need for steady submissions has just about literally thrown the term grading right out the door.</p><p>They should just call it valuing, and let the public understand what they are doing. None of us would be arguing about grades anymore we could just determine if they are valuing the coins correctly.</p><p><br /></p><p>This will also eliminate a need to publish any kind of transparency.</p><p>They will be able to do what they have been doing for almost twenty years now with out the backlash from the numismatic industry. Dealers and pro top two can keep admiring them for over valuing coins so that they can take advantage of the buyers.</p><p><br /></p><p>Collectors can then buy and submit coins to TPG&#039;s that hold their ground and grade with actual integrity using the standards that have been passed down for generations. </p><p><br /></p><p>The collector can then assess the company&#039;s for what they are.</p><p>The TPG&#039;s that know how to grade and will give you their best opinion. And the TPG&#039;s that are trying to rip off the unsuspected buyer. Yes, I said rip off because that is what the company&#039;s at the top are doing. They have no back bone. Wait they do have a backbone it is money and profit. That is what drives there business&#039;s. With out over grading and resubmissions they could never profit the way they do. And how do you get resubmissions? Continually change and loosen/tighten your standards so that Mehh coins are now gem. And Gem coins are now top POPS. Detail coins make straight grades and lower value coins make the next grade up. And don&#039;t forget never be transparent, keep the public guessing.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I don&#039;t believe that there can ever be or will ever be a legality issue.</p><p>We as collectors have the authority and the ability to shut down bad practices. We have the choice to send our coins to whom ever we choose.</p><p>It is the Dealers that are floating the top two&#039;s boat. It is the Dealers and the TPG&#039;s that are working for profit, not the collector.</p><p>The collector wants a nice and correctly graded coin. The dealer only looks at the TPG&#039;S that get them the highest dollar amount. They prey on those that are uninformed/ uneducated. I have seen plenty of them play dumb even though I have had in depth conversations with them on the subject of grading.</p><p><br /></p><p>If the public that has zero interest in actual numismatics continues to feed this out of control industry, we are all in trouble and why even collect?</p><p><br /></p><p>It would be up to us collectors to police the TPG&#039;s not an branch of government. We need to pick the TPG that best suits our needs, not for money but for integrity. We need to be educated, we as collectors ( if there is enough of us that believe in standards left) control who is doing their job correctly. It is our job to admonish bad practices.[/QUOTE]</p><p><br /></p>

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