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longnine009
Pillar Of The Community
USA
1246 Posts |
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How can I help support Coin Community?
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catman
Pillar Of The Community
USA
954 Posts |
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SilverDollarMan
New Member
USA
14 Posts |
 Posted 10/13/2005 08:07 am
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I think they should leave it alone, hell, they change it every 10 - 20 years. I like the 1-70 scale.
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catman
Pillar Of The Community
USA
954 Posts |
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Morgan Fred
Moderator
USA
2684 Posts |
Posted 10/13/2005 12:17 pm
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quote:
Originally posted by catman
If people can't tell the difference between one point on the 70 point system how would they ever manage on a 100 point system.?
catman
That was my first reaction, but you beat me to it. The 70-point scale is barely workable; how would the 100-point scale be any different except worse?
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Metalman
Moderator
USA
6533 Posts |
Posted 10/13/2005 1:00 pm
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You Know everytime the system become workable without the TPG companies, IE collectors learning to grade as well as the TPG's and within the values already available, then the system needs to change !
Its all about survival for the TPG's
Its all about the collectors becoming educated and competent to us !
Just another reason to not use them to me !
Rick
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Speedy
Valued Member
USA
306 Posts |
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CiScO
Valued Member
USA
458 Posts |
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Speedy
Valued Member
USA
306 Posts |
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Morgan Fred
Moderator
USA
2684 Posts |
Posted 10/14/2005 8:43 pm
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Well, we've heard from all of us who don't like the concept of the 100-point grading system. Is there anyone out there who would like to give a few words in support of it? I'd really like to hear the pro view and the reasons behind it.
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Susanlynn9
Forum Mom
USA
5533 Posts |
Posted 10/14/2005 8:56 pm
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While, in theory, the 100-point grading system would allow for more exact grades, I think it's a mistake. Consider the disagreements over the differences between an MS64 and an MS65 coin, or even more so with an MS66 to MS67 grade. While the more lax standards that are now being used can be a doorway to the 100-point system, I think it also stands to reason that we would be looking at a lot more coins that are not being graded properly.
(Sorry, Fred, I know you were looking for someone in favor of it.  )
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crystalk64
Pillar Of The Community
USA
3147 Posts |
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Stujoe
Valued Member
USA
421 Posts |
Posted 10/14/2005 9:38 pm
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quote:
Originally posted by crystalk64
I think it is all a joke and nothing more than the grading services trying to re-invent themselves and, of course, to line their pockets with our money. The collecting community, like it or not, is in total control here and all they have to do is (1) refuse to submit coins to any service that goes to a 100 point grading system and (2) refuse to buy slabs that carry the 100 point grading system. It wouldn't take six months for the grading service to announce their return to the old system as MONEY talks and its OUR money they want?
Do you really think that would happen though? So many people (both dealers and collectors) seem to have so much money wrapped up in (and revolving around) PCGS plastic that I just have to wonder if most of them would resist. Sure, 'regular' collectors (like myself and many others) would resist but I just wonder if that would have any real effect.
As I said on another forum regarding a definition of Market Grading...
Market Grading - He who controls the grades, controls the market.
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Morgan Fred
Moderator
USA
2684 Posts |
Posted 10/14/2005 9:50 pm
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quote:
Originally posted by Stujoe
Do you really think that would happen though? So many people (both dealers and collectors) seem to have so much money wrapped up in (and revolving around) PCGS plastic that I just have to wonder if most of them would resist. Sure, 'regular' collectors (like myself and many others) would resist but I just wonder if that would have any real effect.
As I said on another forum regarding a definition of Market Grading...
Market Grading - He who controls the grades, controls the market.
I would also think it would be a question of who LEADS the market: the collectors and dealers or the third-party grading services? I'm not hearing an outcry from the collectors and dealers to change the system; to the contrary, if this forum is any indication, then collectively the collectors/dealers are opposed to such a change. I would hope that the top TPGs read these forums and take heed from them. If they do not and they act as a cabal and successfully change the grading system despite the wishes of the market (us), then we'll have a pretty good idea who does, in fact control the system and, hence, the market.
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Mike
Forum Uncle
USA
2883 Posts |
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Stujoe
Valued Member
USA
421 Posts |
Posted 10/14/2005 11:10 pm
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quote:
Originally posted by Morgan Fred
I would also think it would be a question of who LEADS the market: the collectors and dealers or the third-party grading services?
I would say it is the third-party grading systems and the dealers who lead that segment of the market. If PCGS were to go to 100 and the dealers accepted it, what would the collectors do? Quit buying PCGS coins? Trash all their PCGS graded slabs? Move to another TPG? Probably not if the major delears stuck it out. I think it would take a major dealer exodus to stop it if PCGS really had their sights set on a 100 point system. For the record, I don't think they plan on going to a 100 point system.
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