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Net Grade Vs Technical Grade And Details For Problem Coins.

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Canada
1461 Posts
 Posted 04/28/2015  10:16 pm Show Profile   Bookmark this topic Add TheCoinHunter to your friends list Get a Link to this Message Number of Subscribers
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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thedollarman's Avatar
Canada
4911 Posts
 Posted 04/28/2015  10:40 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
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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United States
840 Posts
 Posted 04/28/2015  10:50 pm  Show Profile   Bookmark this reply Add colonialtokens to your friends list Get a Link to this Reply
Technical grade / defects noted

doug
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AgHoarder's Avatar
Canada
818 Posts
 Posted 04/28/2015  11:29 pm  Show Profile   Bookmark this reply Add AgHoarder to your friends list Get a Link to this Reply
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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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 04/29/2015  06:50 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Good question..
Myself, I would prefer proper grade with the 'details' note.
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JimmyD's Avatar
Canada
21663 Posts
 Posted 04/29/2015  08:10 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
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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jdmern's Avatar
United States
1949 Posts
 Posted 04/29/2015  08:32 am  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
Net grading drives me up a wall... I much prefer details grading
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Paulsz's Avatar
Canada
2187 Posts
 Posted 04/29/2015  08:34 am  Show Profile   Bookmark this reply Add Paulsz to your friends list Get a Link to this Reply

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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1cent's Avatar
Canada
1051 Posts
 Posted 04/29/2015  12:39 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
There is no reason I'm aware of that justifies net grading.
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Canada
1505 Posts
 Posted 04/29/2015  1:18 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
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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Universalcoins's Avatar
Canada
147 Posts
 Posted 04/29/2015  3:17 pm  Show Profile   Bookmark this reply Add Universalcoins to your friends list Get a Link to this Reply
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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Everest's Avatar
Taiwan
606 Posts
 Posted 04/29/2015  11:05 pm  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
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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1cent's Avatar
Canada
1051 Posts
 Posted 04/30/2015  1:27 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply

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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zxcccxz's Avatar
Canada
5417 Posts
 Posted 04/30/2015  7:04 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
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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skip79's Avatar
Canada
403 Posts
 Posted 05/04/2015  7:25 pm  Show Profile   Bookmark this reply Add skip79 to your friends list Get a Link to this Reply
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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