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<p>[QUOTE=&quot;GDJMSP, post: 1444290, member: 112&quot;]You&#039;re making up your own definitions Mike to attempt to back your beliefs. </p><p><br /></p><p>Technical grading was the grading system used prior to 1986. It is explained, defined, and documented, in the grading books written before then. </p><p><br /></p><p>Market grading is the grading system developed, defined, and documented by the ANA in 1986, and subsequently adopted by PCGS in 1986 and NGC in 1987.</p><p><br /></p><p>That is not an opinion, those are facts.</p><p><br /></p><p><br /></p><p><br /></p><p>Odd, Salzburg says the exact opposite - </p><p><br /></p><p>&quot;MS: <b>NGC doesn’t price coins</b> &quot;</p><p><br /></p><p><br /></p><p><br /></p><p>As I said, market grading did not come into existence until 1986. The term was used then, and it is used now. And it still means exactly the same thing. Technical grading was never market grading - ever. They are two entirely different systems.</p><p><br /></p><p>And you can call it divergence gradeflation or you can call it following the market. You can call it anything you like. But the simple fact is you merely acknowledging that grading standards have changed.</p><p>&nbsp;</p><p><br /></p><p><br /></p><p>I never claimed to be the ultimate arbiter of truth Mike. I don&#039;t need to claim anything because I am merely quoting Salzburg&#039;s words, just like you did. And that last sentence you quoted - </p><p><br /></p><p><i><b>&quot; So, is this gradeflation or a reaction to the market that causes us to adjust? &quot;</b></i></p><p><i><b><br /></b></i></p><p><i><b><br /></b></i></p><p><i><b></b></i>How can anyone possibly perceive that to mean anything besides exactly what it says ? I mean, it&#039;s written in plain English is it not ? Regardless of whether you call it gradeflation or you call it a reaction to the market - it still means the same thing. There was a change in the grading standards. The man says flat out that they adjusted, what else is an adjustment but a change ?</p><p><br /></p><p>And the man further confirms and admits that the grading standards changed with this comment - </p><p><br /></p><p>&quot;Over time there also have been factors that effected the perception of grading. Some say it’s gradeflation but I call most of it a learning curve&#039;</p><p><br /></p><p>Again, it is not my opinion. Those are his words, in plain English. And if you ask me it&#039;s pretty to hard to argue that grading standards have not changed given those words.[/QUOTE]</p><p><br /></p>

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