In addition to a net grade I would like to see something like this at the bottom of every certified coin.
O=Unc/ST3SF2L2
R=Unc/ST3SF2L2
Put at the bottom of the slab it can be used by those who wish to use it or ignored by wallstreet dolts who don't understand it.
This coin is Unc. For market factors we added 3 points for the exceptional strike, 2 points for average surfaces and 2 points for average luster for a grade total of MS67.
Now someone can look at their coin and see that, in this case, the bulk of what they are paying is for the exceptional strike. They can then look at the coin and see if they too believe it's exceptional and is it worth the extra money. If the coin had an average strike and just 2 points the final grade would be MS66. Now someone can compare the prices of MS66 to MS67 and see how much more they are paying for the exceptional strike. Is it really exceptional and if so, is it worth the extra money to the buyer? They might not agree that the surfaces are average. Someone may think it's a bit below average. Again, if the coin had below average surfaces it would only get a 1 or the coin would only be a MS66 to the buyers eye. The buyer can pass or try to bargain for a lower price. This how *real* markets work.
Four graders and a finalizer are not a market.
O=Unc/ST3SF2L2
R=Unc/ST3SF2L2
Put at the bottom of the slab it can be used by those who wish to use it or ignored by wallstreet dolts who don't understand it.
This coin is Unc. For market factors we added 3 points for the exceptional strike, 2 points for average surfaces and 2 points for average luster for a grade total of MS67.
Now someone can look at their coin and see that, in this case, the bulk of what they are paying is for the exceptional strike. They can then look at the coin and see if they too believe it's exceptional and is it worth the extra money. If the coin had an average strike and just 2 points the final grade would be MS66. Now someone can compare the prices of MS66 to MS67 and see how much more they are paying for the exceptional strike. Is it really exceptional and if so, is it worth the extra money to the buyer? They might not agree that the surfaces are average. Someone may think it's a bit below average. Again, if the coin had below average surfaces it would only get a 1 or the coin would only be a MS66 to the buyers eye. The buyer can pass or try to bargain for a lower price. This how *real* markets work.
Four graders and a finalizer are not a market.
Edited by longnine009
02/25/2005 6:19 pm
02/25/2005 6:19 pm




















