Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

PCGS Service Announcement - New "Genuine" Service

To participate in the forum you must log in or register.
Author Previous TopicReplies: 19 / Views: 4,131Next Topic
Page: of 2
Pillar of the Community
USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 06/19/2008  11:46 am  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
longnine009, on net grades I think they have a point. But why not assign a numeric details grade and then specify the problem?

I also agree that 11 MS grades is a bit excessive. But particularly for internet purchases, as a buyer, I like having a team of experienced numismatists see it in hand and give their opinion. Perhaps the answer is jump around like other grades. MS-60, 63, 65, 67, 69. And no MS-70 because there's no such thing as a perfect coin.
Pillar of the Community
longnine009's Avatar
United States
1247 Posts
 Posted 06/20/2008  09:01 am  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
TPGs provide a very useful service with authentication. That is where I draw the line and it's where they should have always stayed. ANACS when it was part of the ANA had alot of respect when they just authenticated coins. In fact, they still do 30 years later when it comes to authentication.

But I have and always have had and most likely always will have issues with market grading. Such as where's the market? The opinions of a dozen or so top tier TPG graders are not the market. The *real* market will prevail and it doesn't give a rat's behind what on anyone's holder.

I have issues with the very word market being used in grading. It gives legitimacy to what is really nothing more than whimsy, greed, or gullibility in coin collectors.

Then there are re-submissions. Why for? If graders are really in sync with the market, if their grading ability is really as good as they claim, if collectors didn't change their minds on what they like and don't like more often than they change their under ware then there shouldn't even be a procedure for resubmissions.
Pillar of the Community
USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 06/20/2008  11:51 am  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
longnine009, everything you said is absolutely valid.

But I'm looking at things from a pragmatic standpoint. A lot of my higher end coins, particularly if it's hard to find, is purchased via the internet. It's very difficult to decipher if a coin is low, midrange, upper, or high Gem BU mint state using digital pictures. It's also very difficult to detect things such as cleaning (even in hand it's not a perfect science).

That's why I like TPG's. It (is) subjective, it's not a perfect science, they DO get it wrong at times... but when I see the picture and I like the coin (and) agree with the grade (and) a few numismatists have seen it in hand and agree... I get that warm fuzzy I talked about.

But none of that detracts from the validity of the points you discussed. Because you're absolutely right.
Moderator
Learn More...
vermontensium's Avatar
United States
16679 Posts
 Posted 06/21/2008  9:13 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
No thank you. I will send my coins to NCS and save $60. I am with the author. $100 is absurd! Like I have said before, I generally use the TPG's for the holder (long term storage and encapsulation) and I think NCS's holder is just fine for problem coins.
swcoin.ecrater.com
Edited by vermontensium
06/21/2008 9:17 pm
  Previous TopicReplies: 19 / Views: 4,131Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.24 seconds to rattle this change. Forums