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100 Point Grading

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Pillar of the Community
longnine009's Avatar
United States
1247 Posts
 Posted 10/13/2005  01:00 am Show Profile   Bookmark this topic Add longnine009 to your friends list Get a Link to this Message Number of Subscribers
Could it be that the TPGs really don't believe 100 point grading would fly but by kicking the idea around and never adopting it, perhaps it makes people more amiable towards 11 uncirculated grades. Or perhaps they think it does. Kind a like a play on "bad cop, good cop." ?

Is it just me or does this idea get kicked around everytime there is a spike in collector rage against grading--like right now with the '74 aluminum cent?
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catman's Avatar
United States
954 Posts
 Posted 10/13/2005  02:10 am  Show Profile   Bookmark this reply Add catman to your friends list Get a Link to this Reply
Bill,

I have already decided that I wouldn't let the grading companies set the standards for grading. Period.

catman
New Member
SilverDollarMan's Avatar
United States
14 Posts
 Posted 10/13/2005  08:07 am  Show Profile   Bookmark this reply Add SilverDollarMan to your friends list Get a Link to this Reply
I think they should leave it alone, hell, they change it every 10 - 20 years. I like the 1-70 scale.
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catman's Avatar
United States
954 Posts
 Posted 10/13/2005  12:13 pm  Show Profile   Bookmark this reply Add catman to your friends list Get a Link to this Reply
If people can't tell the difference between one point on the 70 point system how would they ever manage on a 100 point system.?

catman
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 10/13/2005  12:17 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
quote:
Originally posted by catman

If people can't tell the difference between one point on the 70 point system how would they ever manage on a 100 point system.?

catman



That was my first reaction, but you beat me to it. The 70-point scale is barely workable; how would the 100-point scale be any different except worse?

Pillar of the Community
Metalman's Avatar
United States
7123 Posts
 Posted 10/13/2005  1:00 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
You Know everytime the system become workable without the TPG companies, IE collectors learning to grade as well as the TPG's and within the values already available, then the system needs to change !!

Its all about survival for the TPG's
Its all about the collectors becoming educated and competent to us !!

Just another reason to not use them to me !!

Rick
Valued Member
Speedy's Avatar
United States
307 Posts
 Posted 10/14/2005  7:35 pm  Show Profile   Bookmark this reply Add Speedy to your friends list Get a Link to this Reply
Hey Ya'll
I haven't gotten much time to post here but I read it a lot!
I just had to post on this topic...if the TPG's think that they can make money on the 100 point sys then they will do it...do I think they will....no...the older collectors and I'm also in that group would never stand for it...
But if any grading Co. will do it...PCGS will do it first...

Speedy
Valued Member
CiScO's Avatar
United States
458 Posts
 Posted 10/14/2005  8:35 pm  Show Profile   Bookmark this reply Add CiScO to your friends list Get a Link to this Reply
Please give me a break--Most of us can't even figure out a 70 point grding system, --This is another scam by TPG's to have your ms-69, or pf-69 re-graded to ms-99 or pf-99---AT I MIGHT REMIND YA, AN ADDITIONAL FEE TO REGRADE WITH NEW SYSTEM--It will NEVER happen!!!
Edited by CiScO
10/14/2005 8:36 pm
Valued Member
Speedy's Avatar
United States
307 Posts
 Posted 10/14/2005  8:40 pm  Show Profile   Bookmark this reply Add Speedy to your friends list Get a Link to this Reply
Never say never my friend....and I think that would be the #1 reason whey they WOULD do it...to add a fee for regrading...they try to get their money just like everyone else in business...

Speedy
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 10/14/2005  8:43 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
Well, we've heard from all of us who don't like the concept of the 100-point grading system. Is there anyone out there who would like to give a few words in support of it? I'd really like to hear the pro view and the reasons behind it.

Forum Mom
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 10/14/2005  8:56 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
While, in theory, the 100-point grading system would allow for more exact grades, I think it's a mistake. Consider the disagreements over the differences between an MS64 and an MS65 coin, or even more so with an MS66 to MS67 grade. While the more lax standards that are now being used can be a doorway to the 100-point system, I think it also stands to reason that we would be looking at a lot more coins that are not being graded properly.

(Sorry, Fred, I know you were looking for someone in favor of it. )
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crystalk64's Avatar
3147 Posts
 Posted 10/14/2005  9:29 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
I think it is all a joke and nothing more than the grading services trying to re-invent themselves and, of course, to line their pockets with our money. The collecting community, like it or not, is in total control here and all they have to do is (1) refuse to submit coins to any service that goes to a 100 point grading system and (2) refuse to buy slabs that carry the 100 point grading system. It wouldn't take six months for the grading service to announce their return to the old system as MONEY talks and its OUR money they want?
Valued Member
Stujoe's Avatar
United States
421 Posts
 Posted 10/14/2005  9:38 pm  Show Profile   Bookmark this reply Add Stujoe to your friends list Get a Link to this Reply
quote:
Originally posted by crystalk64

I think it is all a joke and nothing more than the grading services trying to re-invent themselves and, of course, to line their pockets with our money. The collecting community, like it or not, is in total control here and all they have to do is (1) refuse to submit coins to any service that goes to a 100 point grading system and (2) refuse to buy slabs that carry the 100 point grading system. It wouldn't take six months for the grading service to announce their return to the old system as MONEY talks and its OUR money they want?



Do you really think that would happen though? So many people (both dealers and collectors) seem to have so much money wrapped up in (and revolving around) PCGS plastic that I just have to wonder if most of them would resist. Sure, 'regular' collectors (like myself and many others) would resist but I just wonder if that would have any real effect.

As I said on another forum regarding a definition of Market Grading...

Market Grading - He who controls the grades, controls the market.
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 10/14/2005  9:50 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
quote:
Originally posted by Stujoe

Do you really think that would happen though? So many people (both dealers and collectors) seem to have so much money wrapped up in (and revolving around) PCGS plastic that I just have to wonder if most of them would resist. Sure, 'regular' collectors (like myself and many others) would resist but I just wonder if that would have any real effect.

As I said on another forum regarding a definition of Market Grading...

Market Grading - He who controls the grades, controls the market.



I would also think it would be a question of who LEADS the market: the collectors and dealers or the third-party grading services? I'm not hearing an outcry from the collectors and dealers to change the system; to the contrary, if this forum is any indication, then collectively the collectors/dealers are opposed to such a change. I would hope that the top TPGs read these forums and take heed from them. If they do not and they act as a cabal and successfully change the grading system despite the wishes of the market (us), then we'll have a pretty good idea who does, in fact control the system and, hence, the market.

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Mike's Avatar
United States
2884 Posts
 Posted 10/14/2005  10:32 pm  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
As usual, very well said Fred. If as some of us now feel like we are being pulled around by the nose now, the TPGS adopting this against most collectors will, certainly proves your theory to be true. Mike
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Stujoe's Avatar
United States
421 Posts
 Posted 10/14/2005  11:10 pm  Show Profile   Bookmark this reply Add Stujoe to your friends list Get a Link to this Reply
quote:
Originally posted by Morgan Fred


I would also think it would be a question of who LEADS the market: the collectors and dealers or the third-party grading services?



I would say it is the third-party grading systems and the dealers who lead that segment of the market. If PCGS were to go to 100 and the dealers accepted it, what would the collectors do? Quit buying PCGS coins? Trash all their PCGS graded slabs? Move to another TPG? Probably not if the major delears stuck it out. I think it would take a major dealer exodus to stop it if PCGS really had their sights set on a 100 point system. For the record, I don't think they plan on going to a 100 point system.
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