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Author	Replies: 7 / Views: 2,151
leprecoin Valued Member United States 148 Posts	Posted 07/13/2008 02:05 am I was surprised to find today a coin graded Quote: CGS UNC 85 now this is a highly respective British auction house, so am sure is not one of those fly by night TPG. from the other hand, search on ebay brought back 0 results !? I heard something about new grading standards (up to 100) but didnt see any sample yet, nor any documents... Can someone clue me in please ? thank you Edited by leprecoin 07/13/2008 02:14 am Report this Post to the Staff

GO Moderator United States 6563 Posts	Posted 07/13/2008 02:16 am Silly English http://www.cgs-uk.biz/home Not sure why this company would wanna start an entire system that goes against one that has worked extremely well for decades Quote: Why are you not grading on the Sheldon G1 - MS70 scale? -------------------------------------------------------------------------- This scale was originally designed by Sheldon as an aid to comparing the likely commercial value of early US copper cents in various grades, and although well established in the USA it has little relevance to English Coinage. The universal 1 - 100 percentage style scale seemed more logical to us. The traditional grades of VG, F VF and EF Unc naturally fit into a percentage scale also as 0 - 19 VG, 20 - 39 FINE, 40 - 59 VF, 60 - 79 EF, 80- 100 Unc. So far I've only seen 2 sellers of these coins This One That One The slabs look cool though Report this Post to the Staff
leprecoin Valued Member United States 148 Posts	Posted 07/13/2008 02:38 am Very interesting! what about Brown/Red notification for copper and such coins ? the one I red about was bronze, and it didn't have any mentioning to the color. it is very nice slab, look like improved/ imitation of pcgs slab. On another note... it say SPINK! thats a new one. I never saw PCGS slab say Heritage Edited by leprecoin 07/13/2008 02:40 am Report this Post to the Staff
GO Moderator United States 6563 Posts	Posted 07/13/2008 02:48 am Not sure if they do Red/Brown Here's a Population Report on a Penny Report this Post to the Staff
Sap Moderator Australia 16810 Posts	Posted 07/13/2008 03:32 am Quote: On another note... it say SPINK! thats a new one. I never saw PCGS slab say Heritage "Spink 3740" is the catalogue reference number from "Coins of England and the United Kingdom", which is published by Spink. The Spink catalogues (formerly the Seaby catalogues) were originally a dealer's sale catalogue, but they have since evolved into the standard reference work for British coins. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 07/13/2008 04:02 am CGS-UK has been around for about two years now and it is NOT a fly-by-night. It is a serious attmpt to establish a grading service, and possibly one that would be more appealing o the European market. Quote: Not sure why this company would wanna start an entire system that goes against one that has worked extremely well for decades Because it has NOT worked "extremely well" outside of the US. Outside the US the concept of a grading scale based on "70" is concidered to very stupid. All of Europe, Asia, South America, frankly everywhere but here everything is based on a decimal system and a 1 - 100 scale. So the thought is probably that the 100 point grading scale will be more accepted. And, since the 70 point scale has not gained wide acceptance already there isn't as much difficulty introducing it overseas than there would be trying to break into the market here where it is firmly entrenched. Quote: On another note... it say SPINK! thats a new one. I never saw PCGS slab say Heritage That is because Heritage has never written a widely used standard reference book. Spink has. Spink 3740 is a catalog reference not a reference to the auction house. Report this Post to the Staff
leprecoin Valued Member United States 148 Posts	Posted 07/13/2008 11:47 am Well, this is a big argument that am not sure I want to start, But I do want to remind you, that the beauty and ez of the decimal system is the ability to calculate, which is not required in grading. and I don't think its "not working well" outside of the US because of the Sheldon system, It have many other valid or not reasons... like, prestige of grading country coins by "someone else", ego, economics, lack of value for small niches of "world grading", and many many more reasons. Beside, few yrs ago just the idea of buying a slabed coin that you can't "feel in your hand" would freak people out in europe. but then when dealers see that they sometime get double the money and more for graded coins online, they tend to start favoring the slabs, and I didn't really study the Increase in # of slabed world coins, but I think is obvious is shifting in large. (Don't forget the whole hobby changed because of the Internet recently) In any case... Is very exciting for me, and a great fresh breeze to learn about CGS. I will defiantly study them closely in the future. but for now, maybe if someone already familiar... would you say CGS 85 is equal to MS63 ? or more like MS65 ? I still wonder about the colour too... Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 07/13/2008 12:35 pm well the way my brain works they are using 20 numbers in the UNC category instead of 10 so it should be like every two numbers is one of PCGS's grades, for example a 80 is a low grade MS-60 and a 81 is a high grade MS-60, then 82 is a low grade 61 and 83 is a high grade 61 and so on and so on. I may be completely wrong here but thats how my small brain wraps around this 100 point scale they are using, so in this scenario a 85 would be a low grade MS-63 Report this Post to the Staff
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