Uneven Grading Of American Silver Eagle / ASE 'S

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Author	Replies: 3 / Views: 1,277
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 11/11/2014 12:29 am It seems to me that certified ASE's (and I'm speaking here of those passing through NGC and PCGS, not basement slabbers) receive rather haphazard grades. I picked up a PCGS one today that was called at MS68, and examining it closely under magnification, I can't see what flaws were detected. On the other hand, I've too often seen (especially from NGC) specimens deemed MS69 quality that have nicks and dings (sometimes muliple on the same coin) clearly visible to the naked eye. Setting aside the question of whether the grade on the common bullion issues really matters (or ought to matter), has anyone else noticed these sort of discepancies? You'd think the grading of these would be a very straightforward proposition not involving much subjectivity. Colligo ergo sum Edited by Lucky Cuss 11/11/2014 08:15 am Report this Post to the Staff

BH1964 Bedrock of the Community United States 10982 Posts	Posted 11/11/2014 02:02 am I feel your pain. These are graded by the monster box truckload where a rookie grader might look at 10,000 coins in an hour or two while assigning grades. I might be exaggerating a hair but not much. :) Yes, I've seen 70s that look like 68s and vice-versa. From the big boys in TPG business. ANA #R3154474 Report this Post to the Staff
welder Pillar of the Community United States 1037 Posts	Posted 11/11/2014 08:57 am TPG'ers use halogen lighting to examine coins as well as magnification. The halogen light makes the coin's imperfections really stand out. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 11/11/2014 12:54 pm Quote: Setting aside the question of whether the grade on the common bullion issues really matters (or ought to matter), has anyone else noticed these sort of discepancies? Sure, for about 28 years. And it has been discussed many many many times. Quote: You'd think the grading of these would be a very straightforward proposition not involving much subjectivity. Grading, by its very nature, is subjective. Inconsistencies should be expected. Report this Post to the Staff
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Uneven Grading Of ASE's