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<p>[QUOTE=&quot;princeofwaldo, post: 1817531, member: 24091&quot;]I think you guys have all missed the real explanation here.&nbsp;&nbsp; When TPG first became a force in the world of numismatics, only the very nicest material was submitted for grading and authentication.&nbsp; As time has gone on, and as slabs have become almost an unhealthy obsession for collectors, nearly every decent coin out there has already been sent in for grading.&nbsp; The only exception being new issues that are can be graded by a 3 year-old as either MS69 or MS70 depending on his/her disposition at that moment. </p><p><br /></p><p>As for the rest of the traditional series of coins, --including Indian Head Cents-- most of the coins your typical grader at NGC and PCGS see now days is a piece of crap.&nbsp; That is, stuff no one would have dreamed of sending in 20 years ago because it would have been (and still is) a total waste of money.&nbsp;&nbsp; Coins with PVC damage, coins with massive hairlines, unbelievably NOT very deceptive counterfeits....,, </p><p><br /></p><p>And so, after looking at 75 boxes of coins a day, a nice coin turns-up in a submission, the normal reaction for a TPG in 2013 is to immediately grade the coin as &quot;TGTBT&quot; --that is, Too-Good-To-Be-True.&nbsp;&nbsp; Their instincts tell them that if the coin really is original, it would have been sent in many years ago, and while there is always the possibility that the coin is a crack-out, that chance is negligible.&nbsp; Besides, even if they are wrong, --as with this particular 1896 cent-- disparaging the coin does them no harm and might even generate some additional revenue if the submitter is foolish enough to send it back in for a second round of potential disparagement.[/QUOTE]</p><p><br /></p>

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