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Thoughts on cabinet friction from a professional grader.
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<p>[QUOTE="TypeCoin971793, post: 3553927, member: 78244"]We may never know the true motivations, but I agree with you that generating resubmissions isn’t one of them. The only people who would know if there is indeed a cyclic change in grading standards (intentional or not) are the dealers who submit far more coins than you or I. I interact with such people at shows and on Facebook and the like. There is occasionally mention that “PCGS has gotten really tight on XXX” or “NGC has gotten loose on XXX”. That’s more telling than someone just saying that there is no cycle.</p><p><br /></p><p><br /></p><p><br /></p><p>Well, they don’t explicitly say that their standards are guaranteed to never change, and they also throw in that convenient “opinion” word. Even if a big-shot dealer sued them for fraud based on incrementally-changing standards overall, I doubt a court would side with the dealer.</p><p><br /></p><p>However, the dealer may have a case if he focuses on the fact that some of the standards explicitly published on PCGS’ website (no wear on MS coins, ANY abrasive cleaning warrants a details grade, etc.) do not match their actual practice, which can cause damages.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3553927, member: 78244"]We may never know the true motivations, but I agree with you that generating resubmissions isn’t one of them. The only people who would know if there is indeed a cyclic change in grading standards (intentional or not) are the dealers who submit far more coins than you or I. I interact with such people at shows and on Facebook and the like. There is occasionally mention that “PCGS has gotten really tight on XXX” or “NGC has gotten loose on XXX”. That’s more telling than someone just saying that there is no cycle. Well, they don’t explicitly say that their standards are guaranteed to never change, and they also throw in that convenient “opinion” word. Even if a big-shot dealer sued them for fraud based on incrementally-changing standards overall, I doubt a court would side with the dealer. However, the dealer may have a case if he focuses on the fact that some of the standards explicitly published on PCGS’ website (no wear on MS coins, ANY abrasive cleaning warrants a details grade, etc.) do not match their actual practice, which can cause damages.[/QUOTE]
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