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 Replies: 11 / Views: 1,371 |
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Valued Member
United States
140 Posts |
do you think the ANA standards for grading are accurate for the coins you see slabbed? |
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Pillar of the Community
United States
834 Posts |
I would think so, the ANA grading standard is used on all raw coins weather they are in a 2x2 or slabed. Grading is only one man, or one woman's opinion as what they see when they look at a coin there are many different grading books and the author of each book will have his of her opinion on grading standard however most use the ANA standard as the rule. However it is my opinion that just because it is in a top TPG slab there should be no extra premium paid for it. The only time I would pay to have a coin slabed would be to make sure it was authentic such as a 1909-s vdb or 1916-d dime and so on. |
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Forum Mom
 United States
5877 Posts |
 I started this post with the pot-stirrer for a reason. The ANA grading standards are a very sore point with me. These standards fully support "market grading" which takes the rarity of a coin into account prior to putting a grade on it. This is a problem to me because if the details meet a certain grade, it should be graded that way - not bumped up a couple of points because it's a key date or whatever. The other thing I have a real problem with is that the ANA standards changed radically a couple of years ago. Coins that met the criteria for a Fine grade all of a sudden were hitting VF to VF+ because of the change in criteria. As I understand it, the standards were changed to add value to the more common coins. Now, no matter what anyone says, a coin that I owned 15 years ago that was a VF coin cannot possibly improve with age and become an EF or better coin 15 years later. Maybe it's just me...  To answer your question, I believe that the ANA standards are the standards being used by the top TPG's. (This also explains why I don't agree with many of the grades I see... ) |
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Pillar of the Community
United States
1626 Posts |
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New Member
United States
32 Posts |
Susanlynn9,
I agree with you about the changes, I think overall they have had a negative effect, especially where the "keys" are concerned. That being said though, don't we have to evolve with the times? Certainly coin grading standards have changed many times over the years. The most important aspect to me, would be consistency.
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Valued Member
United States
288 Posts |
Market Grading? Is that a bit like a little pregnant? So when the market changes or a coins value changes or a coins population changes the grade changes? How about when the ownership of said TPGS change? Dealers grading coins? Always have been. Thats not news.
Great dealer grading story: I remember in 1977 when I went into a coin store of a certain dealer and he told me that the difference in price between an MS60 and an MS65 was what he would pay for coins and what he would sell them for. Which way do you suppose it worked? True story. Guess he thought that I was stupid. At least he was consistant.
Now however, you get to pay them for explaining all of this to you in plastic fantastic.
If the coin is incredibly delicate or rare then maybe slab it and hold you nose and hope that they do not lose or damage your coin. Learn to grade! Set your own purchasing standards. It is your money. Look at all slabs that you can see. This will teach you about market grading. This way you will have a better feel for current TPGS standards. Gusp
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Valued Member
United States
256 Posts |
quote:
Now, no matter what anyone says, a coin that I owned 15 years ago that was a VF coin cannot possibly improve with age and become an EF or better coin 15 years later.
That only works with us older humans!  |
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Pillar of the Community
United States
834 Posts |
I agree that a coin 15 years ago in grade fine should be the same now. It might go up in value but it is still grade fine learn how to grade your coins and don't let the TPG graders dictate to you grade or the value of a coin in there slab. Bruce. |
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Pillar of the Community
Canada
1267 Posts |
do you think the ANA standards for grading are accurate for the coins you see slabbed? If NGC is the official grading company of the ANA, then their standards must be correct, right?
Edited by hadleydog
01/22/2007 5:45 pm
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Moderator
United States
23522 Posts |
It bears saying, though, that regardless of whether we use "strict" grading or "market" grading, we're still applying standards that someone who's currently dead settled on, a long time ago. It's rather like interpreting the Constitution - the Founding Fathers thought their words were pretty clear, and so do we, but no two of us read them the same way.
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Pillar of the Community
Canada
1267 Posts |
Grades 1 through 70, where a 70 is perfection. Bizarre, really.
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Pillar of the Community
United States
834 Posts |
In my opinion the only difference between a MS69 and MS70 coin is one persons opinion.
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Replies: 11 / Views: 1,371 |
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Posted 01/21/2007 11:11 pm
