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What Do I Expect From TPG Grading

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kanga's Avatar
United States
5825 Posts
 Posted 06/10/2023  09:13 am Show Profile   Bookmark this topic Add kanga to your friends list Get a Link to this Message Number of Subscribers
In order of importance to me for US Mint products:

1. The coin is a real US Mint product.

2. The coin has not been altered after its release other than circulation wear.

3. The assigned grade matches the standard definition of that grade.
(This is a tough since each TPG assigns grades according to their own standards.
This is where total hobby standards are required.
For the US I would think ANA definitions should become the agreed upon standards.)
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kanga's Avatar
United States
5825 Posts
 Posted 06/13/2023  9:24 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Oh, and the TPG has to have an online searchable database.
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kbbpll's Avatar
United States
4233 Posts
 Posted 06/14/2023  02:05 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
#2 is pretty murky. Dipping isn't considered cleaning, for example. And then there's "market acceptable" cleaning. PCGS also straight-grades chopmarked coins. What's your definition of "not altered" vs a straight grade from a TPG?
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BStrauss3's Avatar
United States
4587 Posts
 Posted 06/14/2023  4:23 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Living in a dream world?

The problem with ANA-style technical grading is that the marketplace has uniformly rejected it time and time again.

As just one example, in 1990, ANA sold ANACS to Amos Press because they couldn't justify the investment to be competitive with the newcomers, PCGS and NGC. Amos rapidly pivoted to market (more subjective) grading to be competitive.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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