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Replies: 14 / Views: 1,533 |
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Pillar of the Community
Canada
1461 Posts |
Which way would you prefer your coin to be graded and why?
A grade brought down a notch or two because of scratches, appearance, etc...Or a proper grade based on wear and noted "details".
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Pillar of the Community
Canada
4911 Posts |
The second, I find net grading deceptive in a way and not an accurate way of describing the coin and what it actually is.
Feel free to call me Will.
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Pillar of the Community
United States
840 Posts |
Technical grade / defects noted
doug
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Pillar of the Community
Canada
818 Posts |
I would prefer it to be net graded because I would like to get more money for it if I ever sell it.
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Bedrock of the Community
Canada
10743 Posts |
Good question..  Myself, I would prefer proper grade with the 'details' note.
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Bedrock of the Community
Canada
21663 Posts |
I prefer Technical Grading with details. If you knock a AU50 coin down to EF40 net because of cleaning, you then have a EF40 coin that has still shows signs of being cleaned.
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Pillar of the Community
 United States
1949 Posts |
Net grading drives me up a wall... I much prefer details grading
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Pillar of the Community
Canada
2187 Posts |
Quote: If you knock a AU50 coin down to EF40 net because of cleaning, you then have a EF40 coin that has still shows signs of being cleaned.  I prefer the details grade given with proper grading.
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Pillar of the Community
Canada
1051 Posts |
There is no reason I'm aware of that justifies net grading.
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Pillar of the Community
Canada
1505 Posts |
I really dislike net grading, I would much rather see the bad news in writing, instead of discovering it later on.
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Valued Member
Canada
147 Posts |
Technical grading makes it easier to agree on the condition of an item, thus the price and make a sale
Having said that, technical grading makes it easier to sell a crap looking coin based on technical merit. Net grading makes it easier to sell a coin with great eye appeal that covers up defects and otherwise imperfections!
So to answer the question...yes.
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Pillar of the Community
Taiwan
606 Posts |
All coins are net graded for the sum of their negative and positive attributes. I think what you are referring to here is a coin that has some characteristics of a higher grade that was lowered due to a gentle cleaning & retoning, lack of luster, etc. These coins are considered market acceptable versus coins that have greater issues such as altered surfaces, prominent scratches, enviromental damage, etc. I would prefer neither. If I had to make a choice it would be a net graded coin. A details graded coin is a problem coin and damaged goods.
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Pillar of the Community
Canada
1051 Posts |
Quote: If I had to make a choice it would be a net graded coin. A details graded coin is a problem coin and damaged goods. They are both problem coins, the details coin just doesn't try to hide the fact. Net grading is deceptive by nature. The best method of grading is strictly technical. It allows collectors to own better coins for their dollar, and also allows them to pick which coin is the best looking at that grade. Net grading/subjective eye appeal grading attempts to remove all collector skill, and create a "collect by numbers" coin market.
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Pillar of the Community
Canada
5417 Posts |
Definitely prefer a "details" designation when buying. I'd rather know about the problem beforehand than have to deal with the unpleasantness of a problem coin later on. As for selling, obviously it is better to have a coin NET graded as it's easier to sell.
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Valued Member
Canada
403 Posts |
I find net grading essentially undermines the basic principle of "buy the coin, not the holder". If a coin has been net graded because of certain defects, then the unfairly net graded/punished coin suffers a much lower transaction fate simply because it deceives the buyer into thinking it will not yield a higher grade/value + (depending on the defect) it may still show visible signs of the defect itself anyway. If the coin is attributed the proper technical grade with appropriate "details" notation, the prospective buyer has a better understanding of what they are looking at and are then more likely to determine their own interest in the coin and then negotiate accordingly. Although I can see how a "details" coin would take more time for sellers to sell, I think it's better to sell a properly attributed piece to a legitimately interested buyer rather than selling a net graded (deeply discounted) coin to the first buyer.
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Replies: 14 / Views: 1,533 |
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