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Should TPG Provide A Rationale As To Why They Gave A + Or -

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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 02/18/2015  12:32 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
I've been a 'grader' myself for 25 years....not coins but diamonds.

I know firsthand how difficult it is to be accurate and consistent in grading over time.

This is why I'm very understanding when ICCS is off a grade or they grade the same coin over time a different grade.

It happens and we should all understand this.

To be perfectly honest, I'm actually amazed at their highly respected track record over 25 years of grading.



Edited by doubleeagle59
02/18/2015 12:34 pm
Pillar of the Community
Canada
1505 Posts
 Posted 02/18/2015  1:40 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
doubleeagle59: As a diamond grader do you use one number when grading or something closer to the 4 C's (color, cut, clarity, weight)? when determining what you will pay and how you present the gem to your clients?

From what I gather in the comments, grading is not perfect, they don't spend much time doing it, you shouldn't fully trust it, it's inconsistent and you should learn to grade coins yourself. Given these drawback, it seems many question the value of a TPG.

As someone who does buy online and can only see this form of purchasing becoming more popular and prevalent over physically attending auctions/stores, you will need to place some level of trust in someone. I'm not at the point where I am making expensive purchases ($1000+), but I feel safer looking at a a high res photo + TPG, than only a photo. I don't think I would buy a $1000 coin online without more details from a TPG + high res photos. Reading PCGS they seem to have descriptors around Wear, Strike, Marks and Eye Appeal, the foundation is there, now they just need formalize it.


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Canada
2495 Posts
 Posted 02/18/2015  4:55 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Purelywasted....

I used the 4 c's, as all diamond appraisers/graders do (carat weight, colour, clarity and cut).

One thing I did when grading Colour, was to grade using two colour grades.

For example, instead of grading a diamond as 'F' colour, I would grade it 'F-G'

This increased my accuracy and consistency exponentially over time, since 6 months down the road, I would either grade it again as 'E-F' or F-G' or 'G-H'.

If I was off the second time around, at least I had one of the colour letters in my grade.

Unfortunately, coin graders do not have this option.

Pillar of the Community
Canada
1505 Posts
 Posted 02/20/2015  12:52 am  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
I think coin graders do have some fuzzy grading, like your diamond color with multi-grade overlap to give them some flexibility. For PCGS, "Eye Appeal" and most parts of "Strike" have alternate overlaps across most grades.


This is PCGS's scale mapped out using their descriptions across grades.

Should-TPG-Provide-A-Rationale-As-To-Why-They-Gave-A-+-Or--
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