General Grading/Pricing Question - Coin Community Forum

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Author	Replies: 4 / Views: 1,080
retiredkper Pillar of the Community United States 541 Posts	Posted 07/13/2014 11:47 am When it comes to grading I am old fashioned. I hate the MS system especially when applied to foreign coins. I personally grade using the basics: F VF EF UNC and mention all defects. With that in mind I would ask how would other experienced collectors determine the value of a coin, for example a Bavarian 5 mark 1876 in EF that has been obviously cleaned or has a medium size rim dent. For pricing purposes would you lower it one grade or cut the price in half for that grade or...? Report this Post to the Staff

BobAlmighty125 Valued Member United States 199 Posts	Posted 07/13/2014 12:44 pm I've often wondered this myself. Personally, I either value them at a grade lower or the halfway-point between the original grade and the grade lower, based on how distracting/bad the problems are. Report this Post to the Staff
zxcccxz Pillar of the Community Canada 5417 Posts	Posted 07/13/2014 1:56 pm I qould cut thw price in half. NET grading is a practice I do not agree with as I'd rather have a lower grade problem-free coin over, say, harshly cleaned AU. Report this Post to the Staff
retiredkper Pillar of the Community United States 541 Posts	Posted 07/13/2014 2:20 pm Thanks guys. Bob I really like your use or the word "distracting". On "NET" grading I agree with zxcccxz. Any grade not listing any defects (if any) is incomplete and misleading. Report this Post to the Staff
BobAlmighty125 Valued Member United States 199 Posts	Posted 07/13/2014 3:04 pm Quote: I'd rather have a lower grade problem-free coin over, say, harshly cleaned AU. Doesn't that almost directly contradict your signature? Report this Post to the Staff
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