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 Replies: 26 / Views: 3,666 |
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Pillar of the Community
United States
1158 Posts |
Sometimes I am curious how horribly disfiguring "toning" does not lower the grade. This auction is for a 1917 SLQ 1917 T1 graded MS65 FH: http://www.ebay.com/itm/1917-Type-1...201152751347How can it possibly still be an MS65 when it looks so horrible from the spotty color? Even more curious is how it can be a FH when you can even see the head anymore. I guess I have much to learn, or maybe this is where the "buy the coin not the holder" saying comes from. |
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Pillar of the Community
United States
4897 Posts |
Technical grading does not consider "eye apeal".
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Pillar of the Community
United States
602 Posts |
"Even more curious is how it can be a FH when you can even see the head anymore."
understatement. you can't see much of ANYTHING on this coin. the splotches are kinda gross
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Pillar of the Community
United States
919 Posts |
I'd buy it for the current price of $7.58.
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Pillar of the Community
 United States
1158 Posts |
Quote:
Technical grading does not consider "eye apeal". Wow, I do have a lot to learn. That statement absolutely blows my mind. |
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Pillar of the Community
United States
919 Posts |
For NGC eye appeal is what gives the * rating. Toning does not play in the numeric score.
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Pillar of the Community
968 Posts |
Bet it looks a bit nicer in hand. Looks to have great luster too and original surfaces.
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Pillar of the Community
United States
4692 Posts |
I don't see reason for it not to meet NGC's grading standards.
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Pillar of the Community
United States
1002 Posts |
Can't really tell from these pics,
but probably has decent luster and relatively mark free in hand.
Some folks like this kind of toning, not really my cup of tea.
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Valued Member
United States
269 Posts |
Zooming the image on ebay you can make out what appear to be the details in the head, so I can't argue that part of the grade. Personally I find most toning quite off-putting, but to each his own. I have a Two Cent Piece that I thought had very nice toning, but it got a "questionable color" grade, so I'm no fan of the TPG's |
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Bedrock of the Community
United States
12437 Posts |
Scanned images are notoriously bad representations for heavily toned coins, I am sure it looks better in hand as the graders actually saw it. The only time toning will(should) affect the grade is when the toning is so heavy that it mutes the luster.
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Rest in Peace
United States
4078 Posts |
This is an interesting coin with a grade of MS65. Amida17, said, Quote:
Technical grading does not consider "eye apeal". Could you explain this statement to the uninformed. Me! Granted the coin has no luster, it is a well sought coin but, is it over-graded? Thanks Amida.  |
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Pillar of the Community
United States
4846 Posts |
Quote:
Could you explain this statement to the uninformed. Me! I could try: TPGs don't take into account the colour, or eye appeal of a coin because toning is very subjective, some like it, some don't. And they can't appeal to both types of people. Luster, however, is not a subjective subject, it doesn't touch on whether or not it looks good, just whether or not it's actually there, and how much of it is there. If you were to take toning into account with a grade, opinions would sway the grade of the coin a lot, let's say someone on the grading panel loves this type of toning, they would probably grade it a bit higher than someone who dislikes it, so becomes a very subjective grade and could be drastically different if you were to crack it out and resend it. Due to this, they don't consider it at all in grading. Edited by Adam_E
08/19/2014 4:08 pm
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Bedrock of the Community
United States
17884 Posts |
Also notice they said it doesn't affect TECHNICAL grading it can affect market grading where grade is assigned based more on what the coin will sell for.
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Pillar of the Community
United States
4897 Posts |
Thanks Adam and Conder. You both said it well.
Edited by amida17
08/19/2014 5:16 pm
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Pillar of the Community
United States
4897 Posts |
Market Grade - The grade at which most reputable dealers and auction houses would offer an uncertified coin. Also the standard employed by the N.C.I. (Numismatic Certification Institute) grading service. Often the retail market grade is less conservative than the technical grade. Factors other than the state of preservation are taken into account. Generally, a coin graded by retail market standards trades dealer to dealer at less than the current Coin Dealer Newsletter "bid" price, but often substantially over the "bid" price for the next lowest grade. CDN "bid" prices usually reflect wholesale trading ranges for the most conservatively graded coins on the market. (Synonym: "Commercial Grade"). Versus Technical Grading - A system of grading which only takes into account that which has happened to a coin after the minting process (i.e. the state of preservation). Generally, technical grading is ultra critical of post-minting process imperfections affecting surface preservation and lustre. Technical graders often ignore strike and eye-appeal. Although not always as meaningful in the real marketplace, technical grading tends to be more conservative, as a rule, than market grading. From.... http://www.coingrading.com/glossary1.html |
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Replies: 26 / Views: 3,666 |
Posted 08/19/2014 1:46 pm
