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Old 09-04-2006, 03:00 AM   #1 (permalink)
Silver Striker
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Join Date: Nov 2004
Location: CA
Posts: 187
New Grading Service To Grade the Graders

http://www.precisioncoingrading.com/

WOW! Here's a service that re-examines the grades assigned by all the major grading services and assigns a additional point grade between .0 and .9. Using this service will essentially double your original grading/encapsulating fees. It would be cheaper just to break out your slabbed coin and resubmit.

Although I don't see it on their website this statement is shown on their e-bay auction... http://cgi.ebay.com/ws/eBayISAPI.dll...m=130021615664

WARNING: WE REPORT "OVERGRADED" COINS

WOW AGAIN! Report to whom? If it's an ICG coin and we all understand how they may be a little lax with their grades. I suppose that he will assume their grading standards and point grade accordingly to ICG standards. What a can of worms here.

OK then what about under graded coins?

I am assuming that his service makes an assumption that the coin is already graded super accurately since his service will only assessing a grade from .0 to .9 above the current assigned MS grade (or PR, AU, etc.)

I as a novice cannot understand any need for this service or the idea behind it by re-examining the majority of all the TPG companies as we all know they have their own differing standards of grading.

The service and fees are IMHO, questionable.
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