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Perfect Grading System

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amac44's Avatar
United States
3242 Posts
 Posted 09/03/2007  11:52 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
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!
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Learjet's Avatar
Australia
655 Posts
 Posted 09/03/2007  12:34 pm  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
quote:
TPG's say they grade both side plus the rim


And average them. It isn't good enough.
Valued Member
Stephen420's Avatar
United States
411 Posts
 Posted 09/03/2007  6:23 pm  Show Profile   Bookmark this reply Add Stephen420 to your friends list Get a Link to this Reply
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
 Posted 09/03/2007  9:00 pm  Show Profile   Bookmark this reply Add gonefishin to your friends list Get a Link to this Reply
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.
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Nelrak's Avatar
United States
974 Posts
 Posted 09/03/2007  10:54 pm  Show Profile   Bookmark this reply Add Nelrak to your friends list Get a Link to this Reply
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.
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biokemist6's Avatar
United States
12437 Posts
 Posted 09/04/2007  11:00 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
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.
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Nelrak's Avatar
United States
974 Posts
 Posted 09/04/2007  11:03 am  Show Profile   Bookmark this reply Add Nelrak to your friends list Get a Link to this Reply
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!
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Conder101's Avatar
United States
17884 Posts
 Posted 09/04/2007  3:12 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
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.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 09/04/2007  4:09 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
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
 Posted 09/04/2007  4:40 pm  Show Profile   Bookmark this reply Add tnwalker10 to your friends list Get a Link to this Reply
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.
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