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<p>[QUOTE="GDJMSP, post: 2844933, member: 112"]In today's world a lot of people refer to it that way, but that isn't what it is. </p><p><br /></p><p>You see, the ANA actually invented market grading in 1986, when they completely did away with technical grading. Their standards are and have been based on market grading ever since then. </p><p><br /></p><p>But most people aren't even aware of that. Some around here are I suppose because I've written about it so many times. But as a general rule most think that the ANA standards are technical grading and the TPG standards are market grading. And so the two terms have become bastardized as so much numismatic terminology has and are often used when discussing the two different sets of grading standards.</p><p><br /></p><p>The difference between ANA standards and TPG standards is actually much simpler than that. Both utilize market grading, but TPG standards are much looser, much more lenient, than ANA standards are. And that's really all there is to it. </p><p><br /></p><p>And TPG standards are also in a constant state of flux, meaning they keep changing, getting more and more lenient with each and every change. You can pick pretty much any coin you want that has been graded by the TPGs and it will be grossly over-graded compared to what it would be graded based on ANA standards. And when I say grossly over-graded I mean by as many as 3, 4, 5, even 6 grades at times. I have seen the TPGs grade coins as MS67 that were really only AU coins. That's a minimum of 8 grades over-graded ! And that was back before they became as loose as they are today.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2844933, member: 112"]In today's world a lot of people refer to it that way, but that isn't what it is. You see, the ANA actually invented market grading in 1986, when they completely did away with technical grading. Their standards are and have been based on market grading ever since then. But most people aren't even aware of that. Some around here are I suppose because I've written about it so many times. But as a general rule most think that the ANA standards are technical grading and the TPG standards are market grading. And so the two terms have become bastardized as so much numismatic terminology has and are often used when discussing the two different sets of grading standards. The difference between ANA standards and TPG standards is actually much simpler than that. Both utilize market grading, but TPG standards are much looser, much more lenient, than ANA standards are. And that's really all there is to it. And TPG standards are also in a constant state of flux, meaning they keep changing, getting more and more lenient with each and every change. You can pick pretty much any coin you want that has been graded by the TPGs and it will be grossly over-graded compared to what it would be graded based on ANA standards. And when I say grossly over-graded I mean by as many as 3, 4, 5, even 6 grades at times. I have seen the TPGs grade coins as MS67 that were really only AU coins. That's a minimum of 8 grades over-graded ! And that was back before they became as loose as they are today.[/QUOTE]
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