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<p>[QUOTE=&quot;johnmilton, post: 25251446, member: 101855&quot;]No, I didn&#039;t forget my history. The main service that was around before PCGS was ANACS. It made a lot of marketing errors, the biggest of which was an announcement that they were tightening their grading standards after a certain date. That ruined the grades on the certificates they issued BEFORE that date. At first those coins were sold at discounts, with ads that indicated the grading date. Then they disappeared from the scene along with certificate only grading all together. </p><p><br /></p><p>The problem with certificates was that the coins could be switched, and many collectors could not tell the difference. That&#039;s when slabs came along. Since the coin could not be removed from the slab, without destroying the value of the grade, the buyers felt more secure. </p><p><br /></p><p>NGC came after PCGS. At first it was more conservative, then it become less conservative. More U.S. collectors also seemed to prefer the appearance of the PCGS slab. They became #1 in that market, but NGC starting grading foreign an ancient coins sooner. They took the lead in that market and maintain it to this day.[/QUOTE]</p><p><br /></p>

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