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<p>[QUOTE=&quot;The_Cave_Troll, post: 1449234, member: 1674&quot;]The most accurate answer to that question is that they use their own standard, though the asking of the question indicates a misunderstanding of the process. </p><p><br /></p><p>Industry professionals know and understand how John grades and his ability to consistantly render accurate, (highly) market acceptable opinions on coins makes his grading opinion highly sought after.&nbsp; The fact that it has become acceptable to the retail collector market also makes it a constantly demanded service that dealers are very comfortable using and recommending.</p><p><br /></p><p>This discussion rises from not understanding that there are graders who can look at a coin and not only grade it accurately nearly every time, but also say if it is in the lower, middle, or upper third of coins graded at any given level.&nbsp; There will always be some level of disagreement among the elite level graders on some coins, but their acceptance of each others work when buying and selling coins from/to each other (the best graders typically make too much money working privately to work for NGC/PCGS) is where they gain real market acceptance and their grading skill is constantly refined through literally thousands of &quot;grading events&quot; every week in the course of their business.&nbsp; Retail collectors simply are not usually the right people to be evaluating a grader&#039;s work because they rarely have the experience of seeing hundreds of thousands of coins a year and reviewing them under the proper conditions with constant feedback from other quality graders that is required to really excel at it.[/QUOTE]</p><p><br /></p>

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