| Author |
Replies: 35 / Views: 6,449 |
Page 3 of 3
|
|
|
|
Pillar of the Community
Canada
3049 Posts |
Pacific: I know you have many many years in the coin business and you probably see more coins in a month than I do in a whole year... but how did you become an expert in this area... more specifically .. how did you learn to distinguish grades of MS coins... this is one area I'm seriously lacking in.. and I would like to improve
|
|
Moderator
 Canada
10462 Posts |
AgCoinAu - tons of practice is the short answer. Mint rolls and even mint bags are good places to hone your grading skills...
Pacificoin - are you _the_ Jack who sold me some cool error coins last year?
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
 Canada
5403 Posts |
I will couch this before I answer. " We all see things somewhat differently. That said , with some accepted and acknowledged guides in place, we should then see them in a somewhat similar fashion " With coins this is true. What one sees as a Nice eye appeal MS64 1944 fifty cents with a bit of original colour as an example another might call MS65. All of the major services have grading philosophies that are somewhat similar, yet slightly different. The major US services have adopted a practice known as "market Grading " ( way too involved to get into here) and ICCS tends to grade in the older fashioned conservative system or technical grading. That is why you will see for example an ICCS Victorian Half graded lets say EXF 40 and it might be an NGC AU53. same coin different perspective. That is why a lot of numismatists could care less about the grade on the holder and buy the coin as they would a raw coin. Based on eye appeal and basically what turns them on. For instance some people (myself included) love original toned coins. Others cannot stand them ! One reason for this is...........simply put a lot of collectors and seasoned veteran dealers, cannot see through toning. Too answer your question, yes I do see a lot of coins and indeed send in a lot of them to different services. Graded coins are easier to sell for better money. That is just the way the hobby has developed. To become an expert takes a lot of time and effort and you must look at many , many coins. I worked years ago for a dealer and then opened my own coin shop in 1985 and successfully ran it for many years. During those years I travelled to most of the major international coin shows. I was never afraid to ask major dealers questions, bought book after book, took a few counterfeit and grading courses. All the time learning and keeping an open mind. Try some of this and you will learn and indeed keep on learning! After 42 years of this it is still a wonderful learning experience. Hope this helps a bit ! Cheers! PS. The internet has become a valuable tool for numismatic knowledge.
|
|
Pillar of the Community
Canada
3049 Posts |
Thanks for the tips Pacific... I just ordered a pretty good book on coin grading and I'm working on a "grade set" in each denomination so I have something to compare to... I just have such a hard time with anything AU and up for determining grade.. I would love to take some courses on counterfeits, but haven't seen anything offered yet in my area.. perhaps that may be the case if I ever go to a show in the GTA or west coast.
I personally love learning and thats why I think I'm drawn to this hobby. Theres the history, the valuation, the grading, errors... really just sooo much to learn I really am loving it.
|
|
Pillar of the Community
 Canada
5403 Posts |
@ Ag sounds like you are on the right track for sure! @SPP yes the one and same LOL!
|
|
Moderator
 Canada
10462 Posts |
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa 09/13/2014 09:35 am
|
|
Moderator
 Canada
10462 Posts |
Back on topic, this is a coin that would have been worthy of a WINGS sticker. It was in an ICCS MS-62 Lustrous Brown holder. I bought it at a discount, but loved the toning and the surfaces were problem-free and exceptionally clean. http://www.pcgs.com/SetRegistry/coi...9&sid=117576ICCS has an unfair bias on bronze coins that are toned, red-brown coins rarely get above MS-63 grades and brown coins generally range in the MS-60 to MS-62 range, even if they have perfect surfaces. Of all the Canadian decimal denominations, WINGS would benefit the 1-cent series the most.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
3234 Posts |
SPP...Your 24 is amazing and the best that I've ever seen....
When will ICCS see the light?
|
|
Valued Member
Canada
118 Posts |
I'm not sure how many people have the time to become truly competent at grading. I feel even after only a year I'm pretty good with anything up to EF or maybe AU, but I wouldn't even attempt to differentiate betweeen various MS coins. There are some good online and written resources, as already mentioned.
When it comes to grading, I sometimes think of a study of judges, and how decisions varied depending on how long after a meal the decision was made (varying blood sugar and fatigue apparently affects rulings). You really want your case decided just after meal time, according to the study. It makes me wonder if coin grading works in a similar fashion.
|
|
Pillar of the Community
 Canada
5403 Posts |
Many thanks to Larry at WINGS for the lightning fast response ! Appreciated Jack
|
|
New Member
United States
29 Posts |
Pacificoin (Jack) you are most welcome. We want to be as transparent as any private company can be. I also received an email from one of the members asking if we have a place on our website with pictures of stickered coins. The answer is no other than those that appear near the bottom of our homepage .... for now ( www.wingscoins.com). It is a great suggestion and the pictures that I sent to Jack I also just sent them to our I.T. guy and asked him to create a special page. I suspect that this will be done before the week is over. When I get the word that it is ready I will post the link here. His question also made me think that we should have other pages on our site dedicated just for pictures. We will be undertaking that shortly but I want to prioritize the ICCS coins. One caveat. As I told Jack, I am not a photographer. I just happened to have been in the review room when the ICCS coins were being reviewed and I snapped the pictures with my i-phone/or pad. If you can deal with my amateurism I think that you can get a pretty good view. I also wanted to point out that in the August 12 issue of the Canadian Coin News Bret Evans wrote an article about WINGS. If you want you can read it here: http://wingscoins.com/precise-gradi...n-coin-news/Thanks again for the great questions and interest. Larry
|
|
Valued Member
United States
114 Posts |
I am tending towards the "money grab" side of the fence. There isn't a whole lot of difference between grades, so the existing system should suffice. The way I understand the WINGS service is that they make a distinction if your coin is at the upper end of the coin's grade. If there really is a need for this, I would think that the market would have long ago created a grading system with finer granularity, for instance MS60-MS90, with extremely small differences, bordering on the imperceptible.
As a computer science guy with a lot of background in artificial intelligence, and understanding quite a bit about how computers make subjective and objective comparisons and analysis that were previously impossible, I have been thinking that a computerized grading service that would work much like facial recognition could provide consistent grading with extremely tight tolerances. Visual processing has progressed to the point where computers are far more accurate and much more speedy than human eye processing, and computers never have personal preferences, bad days, hangovers, etc.
|
|
Valued Member
United States
114 Posts |
I just did a search on this site for "computer grading" and found the companies that may be doing it, along with a lot of discussion, mostly negative. I certainly understand the concerns, but I also believe that technology and programming may be advancing to the point where expert systems might soon be able to do better than human eyes for many types of grading. There would, for the foreseeable future be a need for human guidance for special cases, errors, ancient coins, environmental damages, etc., but even those could almost certainly be done by machine more accurately.
|
|
New Member
United States
29 Posts |
Hi all, Let me first apologize for not being able to post this earlier. I have finally been able to get our I.T. guy to complete the project of getting pictures of ICCS coins online. Before providing you with the link I also wanted to stress that WINGS does not take pictures of coins submitted. These pictures were taken by me with my i-phone as I happened to be in the review room when they reviewed. I also would like to say that pictures of ICCS coins do not turn out as well as coins provided by other grading services who encases their coins in hard plastic. (Are those enough caveats?:)) Here is the link to see pictures of ICCS coins that received the wings stickers: http://wingscoins.com/photos-ICCS-c...gold-stickerAfter looking at the pictures I welcome you to view our site and take a few moments to check us out. I am always available to answer your questions, consider your suggestions, agree or refute your critiques. In fact I welcome sincere critiques as that will help WINGS become a better company. We seek to be responsive if possible. A special shout out must go to Pacificoin for his great insight and the comments that he made to me directly. He was freely giving of his time and expertise some of which we are going to adopt. Thank you. Thanks again. Take care. Larry Michelson
|
|
Pillar of the Community
 Canada
4227 Posts |
Interesting, I'm seeing a number of the old ICCS flips getting the sticker, which would make sense.
|
|
Page 3 of 3
|
Replies: 35 / Views: 6,449 |
Page 3 of 3
|