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PCGS Making A Big Announcement At The Fort Worth ANA Show

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Bryan1315's Avatar
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 Posted 03/13/2010  3:40 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
yeah I don't think the 100 point scale will ever be main stream and if PCGS sticks their neck out on that one it may get chopped off and I believe that know that
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vermontensium's Avatar
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 Posted 03/15/2010  12:51 am  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
Wishful thinking but maybe it will be that they are lowering their submission prices!
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 Posted 03/15/2010  01:26 am  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply
I really think it is going to be a computerized grading system, combined with lower submission fees. They will probably give you the option to have the coins graded by computer or by a human and list the price and time differential. Then denote the grading choice on a new label, like white for human and pale blue for computer.
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xshift's Avatar
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 Posted 03/15/2010  05:48 am  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply

Quote:
by computer or by a human


It would be interesting to see the differences in grading there.
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ceaton's Avatar
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 Posted 03/15/2010  08:24 am  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
I hope computers never grade...that scares me.
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SsuperDdave's Avatar
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 Posted 03/15/2010  09:16 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I hope computers never grade...that scares me


I would much prefer it. The technology and software has existed for years - it's a fairly simple thing to scan a coin's surface with enough accuracy to differentiate between luster breaks and scratches. You can weight the result for location - scratches on a cheek count more than ones in the field, for instance - and a given quantity/percent of surface marred by marks equates to a specific grade.

The biggest hurdle would be deciding "How many scratches constitute MS63?" A database built on human evaluations would need to be built, but once there's a large enough sample the computer could take over easily.

The last step could be a human evaluation for "eye appeal," possibly adding weight to a grade, or possibly just leading to something like the NGC "star" designation.

PCGS has had this process patented since the 90's. They just don't use it.
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Gothic Florin's Avatar
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 Posted 03/15/2010  11:13 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
The computer will get tired of working for "the man" and start a war between PCGS, NGC and ANACS and they will destroy each other with nukes. In the apocolyptic coin grading future, only basement slabbers and chop shop slabbers will remain.
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spock1k's Avatar
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 Posted 03/15/2010  12:52 pm  Show Profile   Bookmark this reply Add spock1k to your friends list Get a Link to this Reply
i am from the future and strangely my history never mentioned the war?
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oimcoins's Avatar
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 Posted 03/15/2010  7:40 pm  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
100 Point scale? They don't even utilize the 70 point scale now
Let's see... 1,2,3,4,6,8,10,12,15,20,25,30,35,40,45,50,53,55,58,60-70.
That's 30 numbers they use... why not make it a 30 point scale instead?
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Halfwitty's Avatar
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 Posted 03/15/2010  7:47 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
The scale that is used now is supposed to be a 70 point scale but you're right,they seem to overlook many numbers in between the ones they favor.
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BadThad's Avatar
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 Posted 03/15/2010  10:00 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
They don't even utilize the 70 point scale now
Let's see... 1,2,3,4,6,8,10,12,15,20,25,30,35,40,45,50,53,55,58,60-70.
That's 30 numbers they use... why not make it a 30 point scale instead?


I've always wondered and I've heard some explantions/justifications....but I still don't like it either. If the numbers are there, use them.
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oimcoins's Avatar
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 Posted 03/15/2010  10:27 pm  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
I just don't understand how Good has 2, Fine has 2, VF has 4, EF/XF has 2, AU has 4, MS has 11.
If EF/XF had 4 as well, I'd be cool with it. I mean AU uses 50, 53, 55, 58. But XF with the same range, only using 40 and 45....?
Reminds me of the scoring of Tennis.
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spock1k's Avatar
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 Posted 03/16/2010  01:46 am  Show Profile   Bookmark this reply Add spock1k to your friends list Get a Link to this Reply
grading is value driven thats why it has more numbers at the top. for example usually the difference between a 67 to 68 is more than 35 over a 45.
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oimcoins's Avatar
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 Posted 03/16/2010  7:29 pm  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
I do agree MS needs to be that high... but the consistency through the rest of them is lacking.
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vermontensium's Avatar
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 Posted 03/17/2010  12:48 am  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
I can also see a new slab design. I really like the current PCGS slabs. I have a suspicion with all the Chinese counterfeiting going on, there will be new security features in place as well. What, I don't know.
With the advent of an extremely sophisticated grading program, and as Super pointed out, scanning a coins surface with a powerful program and very expensive lens, I can see this as only being beneficial to the numismatic community.
I would not get rid of human graders. I would use them for the eye appeal factor should they use a star system, as well as the integrity of the slab before leaving PCGS. Their salaries I imagine will drop significantly.
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Edited by vermontensium
03/17/2010 12:49 am
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