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








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!

The Beginnings Of TPG

To participate in the forum you must log in or register.
Author Previous TopicReplies: 2 / Views: 1,585Next Topic  
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 05/27/2011  10:47 pm Show Profile   Bookmark this topic Add biggfredd to your friends list Get a Link to this Message Number of Subscribers
Most modern collectors are familiar with the 1-70 grading scale popularized by TPG.

Just not as familiar as they think they are.

To start with, the Sheldon Scale was never intended to be a grading scale, but a pricing one. VF30 is worth half as much as MS60, and three times as much as VG10, etc. Even before it was published, it was obsolete, though the numbers worked surprisingly well for circulated coins.

Considering the problems inherent with TPG, I found a tidbit about Sheldon to be most illuminating.


Quote:
He is currently known to have stolen cents from the American Numismatic Society, from Abe Kosoff, from Stack's, from the T. James Clarke Estate, from the Gaskill collection, and from New Netherlands. Sheldon wrote and published Early American Cents as part of his plot, for if he could become the expert on cents and on grading, he would be less likely to be found out.


http://www.fake-gold-bars.co.uk/joh...obituary.htm

Somehow, in its own peculiar way, like John Jay Ford, Jr. making fake gold bars to fund his $30 million coin collection, this seems to fit the whole TPG miasma.
Pillar of the Community
JackB's Avatar
United States
1064 Posts
 Posted 05/27/2011  10:54 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
Enlightening stuff! Thanks for sharing Fredd.
Pillar of the Community
mitchhailey's Avatar
United States
1150 Posts
 Posted 05/27/2011  11:26 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Yeah, nice find.
  Previous TopicReplies: 2 / Views: 1,585Next Topic  

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 0.21 seconds to rattle this change. Forums