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What Is The Grade Most Often Given By PCGS?

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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 08/29/2017  8:28 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I think that is a reasonable average of how long it takes them to grade a coin but the time it actually takes can vary depending on what is being graded. So for moderns, where the grade is almost binary, it is probably much less. Early U.S. coins where there numerous factors to consider probably take more time.
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oriole's Avatar
Canada
5246 Posts
 Posted 08/29/2017  8:55 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Well, guys, all this discussion is quite fascinating. But whatever the merits and accuracy of the system which assigns MS69 or MS70 grades to ASEs, ultimately the system is driven by the market value of one vs the other, in other words, by you the collectors.

If you don't like it, you don't need to use it. You can collect ASEs and do your own grading-satisfy yourself.

You can be a satisfied collector and an expert numismatist without ever using or getting graded coins. If this whole thing is making your collecting not fun anymore, start collecting/doing something else that is fun.
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basebal21's Avatar
13014 Posts
 Posted 08/29/2017  9:32 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I think that is a reasonable average of how long it takes them to grade a coin but the time it actually takes can vary depending on what is being graded. So for moderns, where the grade is almost binary, it is probably much less. Early U.S. coins where there numerous factors to consider probably take more time.


Exactly.

The average times are guesstimates based off of a work day and the volume they report for coins graded. Averages also mean some are faster and some are slower.

I think the best way for anyone to look at it is to apply it to their own job. Some tasks we get we know what to do immediately, others take a few seconds and some are hard to figure out. Coins are no different as it's their job to grade them and times will vary.
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jbuck's Avatar
United States
189340 Posts
 Posted 08/30/2017  2:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Well, guys, all this discussion is quite fascinating.
I agree.

I am still new to buying graded coins and have only bought Eisenhower dollars. My personal experience is limited, so most of my knowledge comes from what I have read on CC and this thread has added to that knowledge.
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