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<p>[QUOTE=&quot;GDJMSP, post: 2102507, member: 112&quot;]Goldfinger - look in your ANA book for the definition of an uncirculated coin, it will say a coin with no wear. It does not say a coin with no wear from this, that, or something else, it says a coin with no wear, meaning no wear from anything. And if you look up any individual coin, under the grading criteria for MS60 it will say &quot;no trace of wear&quot;, meaning even the slightest amount of wear, from anything, automatically relegates the coin to AU status.</p><p><br /></p><p>Do you know who wrote those words ? Q. David Bowers.</p><p><br /></p><p>Now mentioned that even I would think that we are not going back. Well, actually, I do think we will go back, someday. Yeah, that&#039;s right, I do fully expect that eventually the TPGs will revise their grading standards and tighten things up to the way they should be. And no, such a thing is not without precedent either, it has happened before.</p><p><br /></p><p>When ? It happened when the TPGs first came into existence - 1986. This tightening of grading standards was even one of their &quot;claims to fame&quot;. Of course it didn&#039;t matter that the ANA was actually the force behind the change and the ones who created the new grading standards, the TPGs still took credit for it as if it was all their idea. So what was the idea ? Simple, coins that had already been graded, and were currently being graded as MS65, and accepted as being MS65 by the numismatic community as a whole, were suddenly down-graded to MS63. And yeah, that change literally happened over-night. And yes, all other previously graded coins were also automatically down-graded by 2 grades or more.</p><p><br /></p><p>So yes, I believe that is what is going to happen again. And it will happen again for the very same reasons it happened then. Bit by bit, person by person, the numismatic community is waking up the fact that the TPGs routinely and grossly over-grade coins. And more and more of them are speaking out about it, and more and more often. And that&#039;s exactly what happened back then ! </p><p><br /></p><p>And just think what that will do for the TPGs, all of those over-graded coins will have to be re-graded again, just like they have been for the last 15 years or so. Amazing how that works isn&#039;t it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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