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<p>[QUOTE=&quot;GDJMSP, post: 1824069, member: 112&quot;]Yes, there are a great many of them. </p><p><br /></p><p>NGC has its own set of standards, but those standards are not published anywhere and nobody except NGC and their employees knows exactly what those standards are.</p><p><br /></p><p>PCGS has its own set of standards which has been published twice in books, the most recent of which was published in 2006. That said, when actually grading coins, PCGS <u>does not</u> follow those published standards.</p><p><br /></p><p>Both NGC and PCGS have changed their grading standards several times over the years with the standards they each use today being more lenient than those used in previous years.</p><p><br /></p><p>ANACS, ICG, both have their own different sets of grading standards. But the ANACS standards have changed several times over the years depending on who owned the company at that specific time. Same thing for ICG. Then you also have all of the other companies who have slabbed coins, with each being different from all of the others.</p><p><br /></p><p>You can also find grading standards published by Coin World, Photograde, various individual authors, web sites, and other numismatic magazines and books. And many coin dealers, and even collectors, also use their own individual sets of grading standards.</p><p><br /></p><p>Even the ANA now has 7 different books published containing their grading standards with the first published in 1977 and the most recent, the 7th, published just this year. And the ANA standards have also changed, in both directions. For example, the ANA standards published in 1987 are more strict than those published in previous years. But the ANA standards published in 2005 are more lenient than those published in 1987. As of yet I have not reviewed the ANA standards published in 2013.</p><p><br /></p><p>Bottom line there are so many sets of grading standards that any assigned grade on any coin can vary greatly depending not only on <u>who</u> did the grading, but also <u>when</u> they did the grading. </p><p><br /></p><p>As for your question on what price lists dealers use - that depends on the individual dealer. Many of them use the Coin Dealer&#039;s Newsletter also known as the Grey Sheet. Others use no price list at all but instead base their asking prices purely on what they paid for any given coin. And the percentage they ask over what they paid can vary greatly. This sometimes results in dealer A asking double or even more than what dealer B is asking for the exact same coin.</p><p><br /></p><p>Add all of this together and you have one big mess. Many people have the idea that any given coin in any given grade is worth X number of dollars. But this is far, far, from being the case. It is not even close to being true ! </p><p><br /></p><p>The reality is that any given coin in any given grade can be worth anywhere from X number of dollars to XXXXXXXXXX (10 times) number of dollars and sometimes even more, depending on many variables.[/QUOTE]</p><p><br /></p>

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