| Author |
 Replies: 19 / Views: 3,727 |
|
Valued Member
Canada
495 Posts |
I think a TPG company should state the reasoning behind a decision to attribute a lower grade to a coin especially when a request is submitted for a crack out of a coin that has a high grade by a competing business, what sayest thou ? same thing for up pts |
|
|
|
Pillar of the Community
Canada
1049 Posts |
Personally I don't think you'll ever get that from a TPG as it opens up too many debate doors IMO. I don't know too much about these companies and or policies, but from what I can gather they like to keep it simple, as simple equates to a better bottom line. Sort of in the way an accountant will not go for a max on write offs, they tend to carve it a bit shy so they'll not waste time in an audit for example. Of course IMO. |
|
Bedrock of the Community
Canada
10743 Posts |
I agree with MD, the TPG's are only going to give you just so much information when it comes to grading coins. |
|
Pillar of the Community
Canada
1505 Posts |
I would really like TPG to provide a bit more detail in their ratings, similar to what Beckett did with hockey cards and provide; 1) Overall score - same as today With minor scores for: a) Strike Quality 1-10 b) Centering 1-10 c) Luster 1-10 d) Reverse Quality 1-10 |
|
Pillar of the Community
Canada
2632 Posts |
More technical grading would be a good service on one hand, but what would it do to the current value of currently graded coins, as word gets out everyone would want coins with the more technical grades adding value to their collection.? And that would be great for TPGs and costly for collectors. IMO
|
|
Pillar of the Community
Canada
1505 Posts |
Sounds like an added incentive for TPG's. Change in a system is always costly and can be painful in the short run, but would it lead to better results in the end? Think of all the coins currently being re-graded due to grade creep. I think with the ease of sharing photo's, people are going to continue questioning the validity of the assigned grades/net grading/focusing on certain areas. The general rule of buy the coin, not the grade will always apply, but this could make it a bit easier and provide better information to collectors. |
|
Pillar of the Community
Canada
867 Posts |
It may cost you something. CGC offers grader notes for comic book grading but they cost between $5 - $15 each depending on what submission level the comics were graded at.... An experienced grader would be able to tell you why a coin got a certain grade or note, so perhaps you need to educate yourself further to understand coin grading. Often, it's very difficult to grade from a photo hence a professional will probably decline to offer an opinion. I find it's easy to grade MS 64 and lower, it's the higher grades that are examined under 10x magnification, that give me pause. And remember, the TPG are using 10x magnification when they grade, not the nekkid eye, so a lot can be missed if you are using the same methodology. |
|
Valued Member
Canada
228 Posts |
I would be in favour of the TPG's adding a more detailed grading system that breaks down the coin's overall grade over several factors, kind of like how NGC grades their ancient coins. It may eliminate some question (especially those of us trying to learn this way) as to why was a certain coin graded a 64 and not a 65 and so on. |
|
Pillar of the Community
Canada
2632 Posts |
ha ha...MS-65.3802 AU-55.5127 or a nice MS-68.8672 lets break it down..lol
|
|
Pillar of the Community
Canada
1505 Posts |
I would definitely not go with a decimal system, something more along the lines of card grading.  You still get the big number (eg. MS-XX), but you get some of the finer details from a grader as well.They are already mentally doing this when assigning a grade, now they are just formally decomposing the criteria a little. |
|
Valued Member
50 Posts |
We are all each oned of us who have the ICCS slip be total mess up when it come to pay de piper guy there have been so many mistake make by these guy over the year :(
We have all been at mercy of whatever those guy they think when really its no exact science but just another man opinon no?
One man his garbage maybe is another man is his treasure!
I feel sorry for the ones that trust the TPG guys too much and don't know how to themself do the grade on the coin and then end up pay too much and think they have a coin worth something and then its not.
Best advice from all de old guy is to BUY WHAT IS IN THE POUCH NOT WHAT IS THE WRITING ON IT!
|
|
Pillar of the Community
 Canada
5588 Posts |
I've spoken to past graders and they say that they spend less than 20 seconds per side to grade a coin, sometimes well less than 20 seconds. Even I, at a coin show bourse, spend less than 20 seconds PER COIN to go through stuff looking for what I want (varieties). A grader does everything through mental maneuvering and would have no time to record the bits and pieces that go into his mental opinion. If TPG's did that, a huge price increase would have to ensue and assembly line speeds would be greatly reduced. For those of you who absolutely depend on TPG's, how much would you want to pay for a cert? |
|
Valued Member
 Canada
495 Posts |
I don't agree with comments made that it would pose a problem for TPG to add their rationale as to why they did not score what I thought was a MS66 and it comes back as a MS64. We shell out a lot of money to these companies and it seems to me we are not getting the best of service for what we pay, would you pay $50,000 for a used truck without some explanation of prior use ? and what about buying a home without a house inspectors opinion? It would help with my tuition fees in learning more about grading if ICCS and others provide me with their expert advice and experience that I am paying them for. |
|
Pillar of the Community
 Canada
5394 Posts |
Coin grading was never meant to be an exact science. When you send stuff in to any service , you are paying them for an opinion that now resides in varying degrees of a fancy package. Human nature being what it is when the coin or coins come back from the TPG, the submitter does one of the following first it is graded better than they thought ................happy dance with a twirl! Second it comes back as thought it would ...........got what I paid for! Third it comes back not as thought...............why do I send stuff into these fools who know less than me ! No answer to this age old scenario. |
|
Valued Member
50 Posts |
I total agreed with the pac coin guy what he wrap it up in de shell of nut when he ask us a question:
Quote:
" why do I send stuff into these fools who know less than me ! "
That is the best line yet! :)
But I dont not agree that we, " you are paying them for an opinion... "
This is where many the people are getting mess up when what they think they are paying for is CERTIFICATION
I look up this word in business and legal dictiondary for what is the meaning and it say talk that that this is something very important where by the guy he be "accredited or autheorized" to make this judgement on "accordance with establish standards".
And most important of all it talk about that this guy he must be "TRUSTED" because his decissions it is most likely to be something that can cost lot of money.
So I want to ask all of you what is this "establish standard" when there is so much differents talk and we all see too much of a variety in the grade number - and who was the ones that did "accredit or authorize" these guy that make the monopoly on the grade opinion?
And okie he was very right when he said dat about the 20 seconds on the coin and don't think it is with 10x loupes either because a lot of time its just to project the image on the wall and look at it for a second! :(
This TPG guys the cost sometimes a lot of money with the mistake - I have see so many coin in the ICCS package that is no way even close to what is wrote on them - and even with that Landon collection if you look and they have reall good the pictures you can see that lot s that were give MS65 were not better no way than MS64.
But what if the guy he buy becauswe it say 65 and with the rare coin when its really maybe only the 64 it is worth $1000 less than he paid no?
Like I said before ONE DAY WE ALL GONNA PAID THE PIPER ON THIS MESS :(
|
|
Pillar of the Community
Canada
1461 Posts |
That's the worst french imitation I've ever seen...Reminds me of a poster from the past...
|
| |
Replies: 19 / Views: 3,727 |
Posted 02/17/2015 3:48 pm
