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When PSA held a "World Series of Grading" contest (grade 30 cards in 15 minutes) at the National several years ago, the winner was Derek Grady, who had been the head grader at SGC. That, my collecting friends, was likely not a coincidence.
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Bill - Thanks for posting that link. Andy Broome who either was/is a grader with Beckett came second. I liked the idea behind the contest and the fact that so many dealers scored poorly trying to show grading was not that easy.
My issue with the contest was that they had 30 seconds per card. In some cases that makes sense but in trying to determine alterations for vintage cards that is not nearly enough time. If the grading companies really take only 30 seconds to review all cards, it is no wonder there are grading mistakes that happen.