| Author |
 Replies: 25 / Views: 2,242 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
2443 Posts |
I would everything the same as they have now except:
I have have 10 different graders(not 2 or 3) look at a coin and give there opinion.The grades would be averaged and assigned a value. I would try to make the slab more detailed on the coin (maybe possibly listing all the grades of the graders on the back?). If that wasn't possible I would make all of that information available online which someone could type in the bar code and get information on the coin: date submitted, grades and comments on the coin, etc. I would also take a picture of each coin that would be stored in a database so you know that coin that's in the slab is the exact coin--no tampering or AT, etc.
|
|
Pillar of the Community
United States
1247 Posts |
Maybe the question should be why, with all this wonderful technology, do we need grading at all? Are coin collectors not capable of looking at good images--bound to get better with improved technology--and decide for themselves what's there and what's not, what they like and what they don't like and how much they are willing to pay for those things? Isn't that what *real* markets as opposed to "marketing" is suppose to be about?
Speculators are the ones who need to be told what they like and how much they should pay for it. So TPGs will always have them. And if they don't, they should bear in mind their own drony mantra.
"Change is good."
Still, if TPGs really want to improve their grading they can do it by giving buyers the information that they actually paid for by way of codes and abbreviations to explain exactly what it is that comprises their enigma net grade. Not really a profound idea either. Brown & Dunn had such a system in 1969.
Edited by longnine009
09/02/2007 7:00 pm
|
|
Pillar of the Community
United States
1283 Posts |
I think the real issue with inconsistencies is the MS in between grades. It's ridiculous to have a 10 different levels of uncirculated. Way too much subjectivity.
|
|
Bedrock of the Community
United States
20753 Posts |
Grades each side independently.
Graded by a panel of 10 non drinkers.
Only cost $1. Free for under 15 or pensioners.
Slabs small enough to fit into albums.
Pinches meself... wakes up. I was only dreaming.
Learjet. This is practically unconstitudional.
First of all where would you ever find 10 non drinkers.
No one would ever, ever charge $1 for anything nowadays.
Why have slabs at all? Just imprint the findings right on the coin
OH, I see. You were dreaming.
|
|
Pillar of the Community
Australia
655 Posts |
It's alright, I'm awake now, sort of.  I'd still like to see split grading for each side though. Don't your coins wear unevenly obverse/reverse over in the US? For high grade high price half sovereigns where there's $10,000 between VF/EF grades, description is everything. Grading based on a single side in not good enough. |
|
Member
United States
3242 Posts |
TPG's say they grade both side plus the rim. but I think its who they are grading for I have seen to may over graded coin and under graded coin but TPG's so it the old US way who you know! |
|
Pillar of the Community
Australia
655 Posts |
quote:
TPG's say they grade both side plus the rim
And average them. It isn't good enough. |
|
Valued Member
United States
411 Posts |
I think the computer system might be good only if it was supplemented by human observation. Preferably a group effort, not just one or two graders, to give a reliable opinion on eye appeal. But I'm not sure that would be very different from the way it's currently done. The fact is, the vast majority of silver coins I've seen graded are much more uniform than many would have us believe. TPG's are the punching bag of choice around here, but you guys have to understand; some of us aren't physically able to go to coin shows and conventions and what not. Morever, you'd have to be on the other end of advice like, "you shouldn't buy coins until you are an absolute expert on every type of every coin in every country in history" to know how demeaning it is to hear such things. I don't know how many people could ever put together a type set on those terms. Plus, if there's no objective grading, why is there a thread here for grading practice? Good photos combined with good descriptions are the best that some of us can do. For that reason, it's important to feel some security in the coins' grades, and TPG's can give at least partial assurance that, if you buy a coin based on a photo and description and you end up hating it, you can probably sell it without having to argue with your buyer over the grade. Also, the 100 point system would devalue every certified coin in existence. I guess some people don't have to really care what they're coins are worth. Much less what MY coins are worth. |
|
Valued Member
 United States
112 Posts |
I was reading all of your good ideas of the perfect system. I came up with another to add to the list. How about the US mint grades the coins (uncircs/proofs/specials etc) as soon as they are minted. They are then slabbed (in smaller slabs) and assigned a grade. Graded before public sees them. I think the technology is here now, someone will come up with the program. The us mint scans, photographs and assigns each coin a number. Grades it, then off to the public. One system for all coins, and everyone would stop using TPG's. |
|
Pillar of the Community
United States
974 Posts |
I'd like to see a picture of the coin labeled and a complete analysis on each aspect of the areas graded on a scale based major points of the coin (wear, strike, lustre, etc.) to come up with a total score on a weighted or equally weighted total point system.
|
|
Bedrock of the Community
United States
12437 Posts |
Nelrak, you just closely described the old ANA(ANACS) grading service pre-slab. A card was issued listing attributes of the major grading points(wear, strike, luster, etc.) and a grade for each side along with obv and rev photos of the coin.
|
|
Pillar of the Community
United States
974 Posts |
Well why did they stop? What better proof the coin in the holder is the same coin that was graded and give the owner an understanding of WHY the coin received the grade it did! Seems like quality has gone out the window for volume. I would definitely prefer a system like that over the "Here's your holder" grading system of today!
|
|
Bedrock of the Community
United States
17884 Posts |
quote:
"you shouldn't buy coins until you are an absolute expert on every type of every coin in every country in history"
As far as I know, no one has ever said any such thing unless you are stretching the comment "People should learn how to grade coins for themself" to mean that. My normal comment is that you should learn how to grade the coins in your series for yourself before you spend large amounts of money on them. Large amounts meaning more than you can comfortably afford to lose. And the "perfect" grading service? that would be one that is never wrong so mine would have three grades, New, Used and Maybe New for the questionable ones. You want finer distinctions go ahead and apply them yourself.  |
|
Pillar of the Community
United States
1984 Posts |
Computers can't do it. There are too many variations in planchet quality and strike. To base a grading system on a perfect coin (if there is one) would not take the variations into account.
I would like to see the numerical system at least partially supplanted by a grading and descriptive system. I do not like the fact that the graders remain anonymous. There needs to be a way to ID and track coins better.
I don't know what the answers are, but it's a good question.
|
|
Valued Member
United States
393 Posts |
I like the idea of an excellent quality photograph explaining the assigned grade. Maybe some graders signature's with the photograph would lend a little more credibility to the grade. Graders are suppose to be extremely knowledgeable in their profession and should take it seriously enough to back up their opinion with a signature. Of course this starts getting away from the convenience of a simple slab though. But then again something that's worth $k of dollars would deserve some powerful documentation.
|
|
Page 2 of 2
|
Replies: 25 / Views: 2,242 |
Page 2 of 2
|
First Page
Posted 09/02/2007 6:45 pm
