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<p>[QUOTE="GDJMSP, post: 1628943, member: 112"]One small problem with you not buying that Chris. The facts say otherwise. For example, prior to, 2001 I think it was, NGC would not even grade any coin minted after 1964. So it took them 14 years + or - to figure out that they had reached that finite number of coins that "needed grading". So, if they wanted to stay in business then they had to change their policy and start grading moderns.</p><p><br /></p><p>In today's world, well over 50% of all the coins graded by NGC and PCGS both are moderns - coins minted after 1964. And it is also interesting to note that most numismatists agree that of all the remaining raw, ungraded coins minted before 1964, 80% or more of them are problem coins which would not grade if they were submitted.</p><p><br /></p><p>So yes, there is a finite number of coins that "need grading" - if you exclude moderns. If you include moderns, then yeah, there are billions of them. If it were not for them grading moderns the TPGs would have gone out of business long ago.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1628943, member: 112"]One small problem with you not buying that Chris. The facts say otherwise. For example, prior to, 2001 I think it was, NGC would not even grade any coin minted after 1964. So it took them 14 years + or - to figure out that they had reached that finite number of coins that "needed grading". So, if they wanted to stay in business then they had to change their policy and start grading moderns. In today's world, well over 50% of all the coins graded by NGC and PCGS both are moderns - coins minted after 1964. And it is also interesting to note that most numismatists agree that of all the remaining raw, ungraded coins minted before 1964, 80% or more of them are problem coins which would not grade if they were submitted. So yes, there is a finite number of coins that "need grading" - if you exclude moderns. If you include moderns, then yeah, there are billions of them. If it were not for them grading moderns the TPGs would have gone out of business long ago.[/QUOTE]
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