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<p>[QUOTE=&quot;vavet, post: 352219, member: 11630&quot;]This is all very interesting, but the majority of information posted here is based on tpg propaganda that is designed to relieve collectors of as much money as possible.</p><p>&nbsp;</p><p>If anyone wants to understand what is at play here, get yourself a copy of the 1977 ANA grading standards. That&#039;s when the ANA introduced the 70 point abomination on the hobby. Compare that edition with the 6th edition and the difference between technical grading and market grading will become quite clear.</p><p>&nbsp;</p><p>For openers, the ANA no longer has any grading standards. As clearly stated on page 14 of the 6th edition, they simply &quot;report&quot; what is being done in the market by the tpg&#039;s, dealers and auction houses. Furthermore, the ANA has lost all credibility due to selling their endorcement to the highest bidder which just happens to be one of the &quot;market graders&quot;. </p><p>&nbsp;</p><p>There is no point in trying to define market grading based on the fact that just about every endity involved in grading has their own approach to grading as evidenced by the disparity and inconsistancies between them. If they were all on the same page we wouldn&#039;t be having discussions about who is the alleged &quot;best&quot; or &quot;most accurate&quot;, and all coins would crossover from one to the other. </p><p>&nbsp;</p><p>The first order in developing a scam is to get the terminology down pat so that it is as confusing as possible. As this discussion clearly demonstrates, those who designed the 70 point grading system and the various offshoots have succeded.</p><p>&nbsp;</p><p>The most concise definition of market grading is &quot;whatever the market will accept&quot; regardless of any particular attributes a coin may have.[/QUOTE]</p><p><br /></p>

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