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 Replies: 5 / Views: 903 |
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Valued Member
United States
440 Posts |
I already posted this on CU but wanted to post here too.
I am trying to build my short set of walkers and must stay in an affordable range. I picked up a few within the last year. I got them at a fair price. I had really high aspirations for the 1941 I posted last week. I was very humbled to realize my aspirations of a 65 were quickly deflated and the consensus was a 63 or 64.
After looking at the pics over again and reading the comments posted I was very upset at my own inability to see these imperfections. and realized that my grading skills need to be seriously shapened. I would really like to know that I can pick out a raw 65 if I saw one in a tray mixed in with 63 and 64 grade coins. but now I am not very confident. I would hate to resort to buying pcgs slabbed coins in the grade I desired only to have the grading already done. Not to mention the "thrill" of knowing you picked one out sent it in and it came back as you hoped, reassuring that you can be accurate and consistent.
I also realize my other downfall is when I do see a coin that interests me is that my emotions take over and the "ooh and ahh" factor override the "I need to look at this more closely factor". that is until after I buy and notice something later and then get all upset that I didn't see "it" before.
coincommunity.com has grading practice where people put up pics just to practice grading skills. I can be pretty consistent at times but I am not holding or buying the coin and the "oooh and ahh factor" is not there. Also if I make a mistake it no big deal since its only a picture.
Thanks for listening. I need to practice more.
-Gil
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Pillar of the Community
United States
7123 Posts |
Hi Grovey
I saw your thread in CU and realise that they were a bit more liberal with the grade than what was expressed here !!
But keep in mind that those opinions here and in CU are just that opinions based upon a scan of a coin, and accuracy could be a point up or a point down.
As for consistent grading skills,, set in the collector realm,which indeed we both reside, is something that we are all working for and requires many hours months and years to become proficient and consistent.
Believe me when I tell you I can relate to the oooow ahhhh syndrome, I get it also !! but I have learned to control it above $50.00 if you can understand that? I have also learned to examine a coin in sections, knowing where the high points are is a real plus ,, but I still divide the coin and examine each design element, and then I look at the overall appeal before deciding to purchase.I didnt learn these things without mistakes and regrets, and thats a fact !!!
Your doing fine in my opinion and regrets are the best teacher at times,,The more coins you look at and the more confidence you get ,the better it feels !!
Oh by the way, never forget, its your collection and your the only one who can judge it !! there is no right grade or wrong coin if you get pleasure from it !!
Rick
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Rest in Peace
United States
2884 Posts |
Hey Grovey! I think most collectors yearn for that ability. Over the past 8 mos from what you have displayed I think you have shown great patience in building this short set and have purchased some great coins along the way. If you miss out on a few grades, upgrading the coins is not a total loss as those purchased can be sold to off-set the costs. My Daughter has been doing this with her Franklins for years. You have also paid some "dues" that we all pay along the way. Don't ever give up the desire to master the art, that's part of the fun! And by the way, I've ever been able to tame the "ooh and aah" factor!  Keep up the good work, have fun and keep the pic's coming! Mike  Edited by Mike
11/06/2005 03:35 am
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Rest in Peace
United States
2684 Posts |
Gil, you are feeling what everyone of us has felt at some point. I consider myself a fairly good judge of Morgans (but ONLY Morgans), but I too have been humbled recently and I often have wondered, "Why bother?". It doesn't help my ego one little bit when the grading companies, particularly PCGS change their criteria for uncirculated coins as they seem to have done over the past year. I bought a raw 1892-CC early this year that the seller, a good friend of mine thought would make MS-64 or MS-65. With coin in hand, I compared it with other PCGS MS-64s and MS-65s in my collection and the 92-CC was at least as good as the 65. Sure 'nough, PCGS sent it back as an MS-63. So much for my ego. But, I have to live with their decision, so these days, I'll make an estimation and subtract at least one grade.
Fred
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Valued Member
 United States
440 Posts |
Fred, that's exactly what I mean. When this happens can you send it back for a grade review and ask for a technical explaination of their decision or are they so powerful they just decide thats what it grades and don't owe the coin collecting public any explainations or answers.Reminds me of trying to get answers from the power company after the hurricane. "They " will get to it asap. no explainations no apologies no answers....kinda sucks !!
Is there any dispute process ?
Edited by grovey
11/06/2005 8:19 pm
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by grovey
Fred, that's exactly what I mean. When this happens can you send it back for a grade review and ask for a technical explaination of their decision or are they so powerful they just decide thats what it grades and don't owe the coin collecting public any explainations or answers.Reminds me of trying to get answers from the power company after the hurricane. "They " will get to it asap. no explainations no apologies no answers....kinda sucks !!
Is there any dispute process ?
Oh, they're more than happy to accept one of their slabbed coins for a regrade... for a price. They'll even put it through a Presidential Review at PCGS... for a price. I seriously doubt, however, that they'll upgrade it. Except for bodybagged damaged or cleaned coins, I've never heard of the TPGs explaining how they determined a coin was a certain grade and not higher (or lower). In reality, at least with much of my collection, the law of diminishing returns is applicable if I were to try to have them regraded; I'd be spending more on grading charges than the coins would be worth. For a number of others, there is some merit to cracking them out of their slabs and resubmitting them as raw coins in the hope that PCGS will have a good hair day and upgrade them. I haven't yet tried this. Fred |
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Replies: 5 / Views: 903 |
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Posted 11/06/2005 03:31 am
