Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsSpecializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

100 Point Grading

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 22 / Views: 2,611Next Topic Page 2 of 2
Valued Member
United States
307 Posts
 Posted 10/14/2005  8:40 pm  Show Profile   Bookmark this reply Add Speedy to your friends list
Never say never my friend....and I think that would be the #1 reason whey they WOULD do it...to add a fee for regrading...they try to get their money just like everyone else in business...

Speedy
Rest in Peace
United States
2684 Posts
 Posted 10/14/2005  8:43 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
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.

Forum Mom
Learn More...
United States
5877 Posts
 Posted 10/14/2005  8:56 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list
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. )
Pillar Of The Community
3147 Posts
 Posted 10/14/2005  9:29 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list
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?
Valued Member
United States
421 Posts
 Posted 10/14/2005  9:38 pm  Show Profile   Bookmark this reply Add Stujoe to your friends list
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.
Rest in Peace
United States
2684 Posts
 Posted 10/14/2005  9:50 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
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.

Rest in Peace
United States
2884 Posts
 Posted 10/14/2005  10:32 pm  Show Profile   Bookmark this reply Add Mike to your friends list
As usual, very well said Fred. If as some of us now feel like we are being pulled around by the nose now, the TPGS adopting this against most collectors will, certainly proves your theory to be true. Mike
Valued Member
United States
421 Posts
 Posted 10/14/2005  11:10 pm  Show Profile   Bookmark this reply Add Stujoe to your friends list
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.
Pillar of the Community
United States
1247 Posts
 Posted 10/15/2005  6:54 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list
quote:
Originally posted by Stujoe

For the record, I don't think they plan on going to a 100 point system.




I agree. I think the idea of it is a psyops game as I mentioned at the beginning of the thread. It's intended to make people despise gradflation and desire reform.

IMO, "100 point grading" is setting the stage for "standard grading" between the major TPGs. And the "standards" will come from someone else, an association/trade organization, whatever, who the TPGs will "humbly" submit to in the interest of the hobby. In this way they admit nothing. They are not changing because their grading could suck-start a Harley Davidson, no, no, no, they are changing because they are "conforming" they are "complying" with the wishes of collectors.

Of course this does mean that the "reformed" standards require a new slab to denote their compliance. And we all know what that means.
Pillar of the Community
United States
1203 Posts
 Posted 10/16/2005  4:09 pm  Show Profile   Bookmark this reply Add OldDan to your friends list
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



Well Steve, I got to thinking that this just may be the reason some of them think it's such a good idea. Keep them guessing!
Valued Member
United States
363 Posts
 Posted 10/17/2005  01:05 am  Show Profile   Bookmark this reply Add adobero1 to your friends list
No human eye could tell a difference between MS 100 and MS 99. Any service that would claim to be able to do that would lose all credibility. That's adding almost one half again as many points to the system. I would hope at that point people would finally stop submitting coins!(except maybe for certification as to authenticity, which the original ANACS was created for)
Rest in Peace
United States
2684 Posts
 Posted 10/17/2005  2:24 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
quote:
Originally posted by adobero1

No human eye could tell a difference between MS 100 and MS 99. Any service that would claim to be able to do that would lose all credibility. That's adding almost one half again as many points to the system. I would hope at that point people would finally stop submitting coins!(except maybe for certification as to authenticity, which the original ANACS was created for)



Adobero1, now you got me thinking (always a dangerous situation). I wonder if a computer-driven scanner machine could be devised which would be able to measure the difference between, say, MS-70 and MS-71 or MS-99 and MS-100. It would take the subjectivity out of coin grading and, presuming ALL the TPGs used the same scanner, would also remove grading inconsistencies.

I'm certain I'm not the first to come up with this idea... But I'm also not certain if such a machine can be practically developed since the present grading system, especially between Mint State grades is based on appearance to the human eye.

Fred

Pillar of the Community
Belgium
2078 Posts
 Posted 10/17/2005  2:31 pm  Show Profile   Bookmark this reply Add ageka to your friends list
If you use a laser you could go to MS 1000
why stop at 100
Valued Member
United States
458 Posts
 Posted 10/17/2005  5:39 pm  Show Profile   Bookmark this reply Add CiScO to your friends list
quote:
Originally posted by Morgan Fred

quote:
Originally posted by adobero1

No human eye could tell a difference between MS 100 and MS 99. Any service that would claim to be able to do that would lose all credibility. That's adding almost one half again as many points to the system. I would hope at that point people would finally stop submitting coins!(except maybe for certification as to authenticity, which the original ANACS was created for)



Adobero1, now you got me thinking (always a dangerous situation). I wonder if a computer-driven scanner machine could be devised which would be able to measure the difference between, say, MS-70 and MS-71 or MS-99 and MS-100. It would take the subjectivity out of coin grading and, presuming ALL the TPGs used the same scanner, would also remove grading inconsistencies.

I'm certain I'm not the first to come up with this idea... But I'm also not certain if such a machine can be practically developed since the present grading system, especially between Mint State grades is based on appearance to the human eye.

Fred

In fact Fred we had a small discussion about this subject here already, see: https://goccf.com/t/2149&SearchTerm...uter,grading
Rest in Peace
United States
2684 Posts
 Posted 10/17/2005  10:23 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
quote:
Originally posted by CiScO

In fact Fred we had a small discussion about this subject here already, see: https://goccf.com/t/2149&SearchTerm...uter,grading



I completely missed that one. It came and went on 7 Sep which was the day I headed off for Katrina. Good discussion, however. I think it's doable, but the program parameters would have to be inserted very carefully and there'd be a lot of debugging to do. And it would meet a lot of resistance from collectors, dealers, and TPGs since it would completely change the hobby and industry. But all it would take is time and money; I think the technology is here.

Fred

Page 2 of 2   Previous TopicReplies: 22 / Views: 2,611Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.35 seconds to rattle this change. Forums