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 Replies: 39 / Views: 7,835 |
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Valued Member
United States
341 Posts |
Still kinda funny. Maybe Thomas looks more like a James. Stuff happens.
Before a coin goes out the door does a grader get to verify or double check the case and grade given from office staff?
I'm not trying to stir the pot, I'm just asking. How big are the big grading companies manpower wise? Is it a 20 person outfit or 100....? Just wondering.
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Pillar of the Community
United States
1547 Posts |
Quote:I would take that bet and you would lose miserably TPG graders are highly skilled and in many cases, have decades of experience at grading. Your confusion stems from you not knowing their responsibilities. They grade/attribute the coin and nothing else, any clerical errors you see are because of a key stroke error made by the $12/hr clerk printing up the slab labels. Yes, the clerk(s) should have better QC but how is that the fault of graders? A TPG grader did not label that TJ $1 as a James Madison, simple as that, so why are you questioning their intelligence to do a job that I am sure you are more than likely not capable of doing(along with >99% of this forum's members) Sorry, I'm not a betting man. IMHO, you seriously overrate them. Come to think of it, you just recklessly underrated us. I'll ask you, though, be fair. I'm talking about market grading. I'm not talking about attributions. The latter, I'll easily concede, takes brains. |
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New Member
United States
33 Posts |
Should be worth twice as much as an error :)
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Valued Member
United States
193 Posts |
I'd like to test my grading skills by grading a coin then having a professional grade it and see how close I came. I've a hunch I wouldn't be too far off.
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Moderator
 United States
14463 Posts |
Quote:
mwr1550
I'd like to test my grading skills by grading a coin then having a professional grade it and see how close I came. I've a hunch I wouldn't be too far off. There are many threads comparing CCF grading and TPG grading. Images of the coin only are shown, then after CCF "grades" it, we find out how close we are to the "experts" |
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New Member
United States
25 Posts |
Coin collectors > Slab Collectors, in my humble opinion.
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Valued Member
United States
450 Posts |
You know the classic saying :
" Buy the coin and not the slab "
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Pillar of the Community
United States
3184 Posts |
I like slabbed coins when it comes to older coins because they give me peace of mind that I have a real coin vs a fake raw coin.
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Pillar of the Community
United States
1372 Posts |
It is of far more value to be able to determine for yourself by weighing, measuring and attribution, that what you have is original, or is genuine (not just authentic which is an ambiguous term probably coined by a lawyer) rather than take a 3rd party's word for it.
Authentic means "true to original detail" ... nothing more. It does NOT mean original or genuine.
I am not of unlimited resources. Money "is" an object here, and before I'll pay somebody 100 dollars for their opinion, I'll buy a hundred dollars worth of coins.
There's not a single counterfeit in my collection, and I sleep well at night with the knowledge that I didn't have to pay somebody for that peace of mind.
Chance
Edited by Chancellor Sutler
09/18/2011 09:36 am
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New Member
Canada
48 Posts |
I'm sure at least some of you remember collecting before TPG'ers? what chaos in grading, and thats when cleaning was rampant as well. I actually prefer someone other than the seller screening the coins first, and PCGS is very particular when it comes to cleaned pieces. I'd rather put up with the occasional slip-up than go back to those ways. especially now with online auctions etc. We'd spend all our money on return postage instead of slabs! |
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New Member
United States
47 Posts |
As someone who found a Washington missing edge lettering at an antique shop. I took a chance it was real. I thought it was because I put it on a digital scale and it weighed correctly.
I believe this would work for your coin too. If it is light it was rubbed or ground off.
Mine came back as Mint Error Missing Edge Lettering MS 64
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Pillar of the Community
United States
3184 Posts |
Mistakes happen but for numismatic coins I would buy slabbed vs raw nowadays due to counterfeits.
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Valued Member
Canada
235 Posts |
I have recently decided that any coin I purchase for over 100 dollars will have to be slabbed by a reputable TPG. I am still OK with buying raw coins under that price, but the closer I get to 100 dollars, the more careful I will be. Recently got burned a bit on ebay with some Buffalo nickels that were cleaned and ugly, but hey, I lost 7 bucks and learned a lesson..... |
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New Member
United States
47 Posts |
I have read a lot of posts saying grades of 69 and 70 are easy to get these days and that grading is getting lax I say that you can make that argument stick when you see the TPG `s start churning out ms 67 and 68 morgans. Also there still has not ever been a ms coin from mint sets grade at 70 . Otherwise , cant it just be that minting techniques are better than ever and so is coin quality. Or , a 69 or 70 represents near perfect or perfect example of that years run. Either way there is a standard to be held to. AND so many coins are over $100 these days and I am as much an investor as collector. I just want the slabs to end the labeling frenzy I do not care if the coin is minted day 1 or 1001 the numeric grade is all that matters the coin is the coin. I see idiots on e-bay paying 1500 bucks for 2006 w 20th anniversary set coins - the fact is all those 2006 w silver eagles were made in a run and then some were picked out to fill the sets. The labels make one think the coins were run specifically for that set of 250,000 or 30,000 if you got one with a gold coin. 450.000 or so 2006w silver eagles were minted and I am sure it was all in one run each coin equal to the others minus wear on the dies. I cant believe people are paying $1500 for a coin I got for $157.00 crazy |
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Pillar of the Community
United States
1547 Posts |
Quote:If they can't even get the coin right, how can one expect the grading to be right? Grading, in my opinion, is a matter of opinion. TPG just overinflate the cost of the coin. If I had my choice to buy the same coin, either slabbed or not, I would choose not. What probably happened is they ran out of Jefferson holders and figured nobody would notice. Good eye!  |
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Posted 04/04/2011 3:34 pm
