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Which Series Are Graded Consistently And Which Ones Are Not?

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 Posted 08/11/2015  01:17 am Show Profile   Bookmark this topic Add saturn60 to your friends list Get a Link to this Message Number of Subscribers
From your experience, when you've cracked out a coin to resubmit it for an upgrade, which series consistently came back the same grade and which series had the widest grade variance?
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TypeCoin971793's Avatar
United States
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 Posted 08/11/2015  07:38 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
The better question is which TPG grades the most consistently.
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Slider23's Avatar
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4469 Posts
 Posted 08/11/2015  09:38 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I find that it is not a particular series of a coin that have a wide grade variance, but the age of the coin holder within a series as the grading standards have changed over the years.
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 Posted 08/11/2015  09:47 am  Show Profile   Bookmark this reply Add saturn60 to your friends list Get a Link to this Reply
If you separate coins by metal type: gold, silver, copper, which has the widest range of grades when you resubmit the same coin?
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Fathead 5's Avatar
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 Posted 08/11/2015  8:32 pm  Show Profile   Bookmark this reply Add Fathead 5 to your friends list Get a Link to this Reply
This topic is a perfect segue to the problem of gradeflation.
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EFLargeCents's Avatar
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 Posted 08/11/2015  8:35 pm  Show Profile   Bookmark this reply Add EFLargeCents to your friends list Get a Link to this Reply
Copper is terrible
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SsuperDdave's Avatar
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23522 Posts
 Posted 08/11/2015  8:49 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Nothing is graded consistently unless you grade it yourself. We've seen dogs from every TPG in every issue. No two graders are the same.
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 Posted 08/11/2015  8:58 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
TPG's have no clue when it comes to old copper coins they are always off.. They are generally good with Morgan silver dollars, not so good with Peace dollars. Kind of an odd question you have asked. Could you be a little more specific? Or, is this just a general question...I really don't think there is a good answer to your unspecific question. I don't think any series has a wider difference in grade variance that would be easily determined.
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paralyse's Avatar
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 Posted 08/12/2015  10:21 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Just remember: There's a person on the other end of that deal - at the TPG, and he or she is looking at hundreds of coins daily. They don't have an hour or two, usually, to sit and stare at a coin. On top of that, if a grade consists of (originality, strike, luster, surfaces, color, eye appeal), each of those factors might be subjectively weighted more or less by any given grader. One grader who dings a coin by a percentage of a grade point because of perceived negative toning might have the same coin graded up an equal percentage of a grade point because the other grader happens to like the toning in question. Same thing with fast-and-loose terms such as "market acceptable", a market acceptable old light cleaning on a Bust Half Dollar might drop the grade anywhere from 0 to 2 full grade steps depending on the preferences of that particular grader and his or her TPG. They can't even agree on what makes a Franklin FBL or a Mercury dime FB, between the TPG's.

In addition to that, a grader might see 10-20 Morgan dollars daily, but how often do they see things like chain and wreath large cents, pattern pieces, early date Proofs, territorial/pioneer gold, etc?

My experience has been that valuable and/or particularly rare coins tend to get more attention from the graders, although this doesn't always translate into a more accurate grade. For some reason, the TPG's in general seem to have trouble with old copper (pre-Lincoln), especially when you get down into Colonials and Early American. They seem to be fairly consistent with Morgans and Walkers. I see auctions all the time for Large Cents and Half Cents that appear to be under- or over-graded to my inexpert eyes, and other "subjective" issues such as coins that look original but got details-graded and coins that should be details-graded but got full grades.

The only thing truly consistent is the inconsistency. This is my conclusion. Until robots start grading coins, grading was, is, and shall remain an affair with some degree of subjectivity.

That is also one of the reasons that CAC exists, but even CAC is vulnerable to grader bias, and CAC has a less than neutral interest in their own product...
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse
08/12/2015 10:25 am
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