A Sheldon 100 Point Grading System??

Agree!

In this case he wanted almost $800 more than one without the PQ++!! grade.

 

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And don't forget the stickers....smiley face, cheaper than 7 pizzas, better than bacon, stars and all the rest of the crap they put on.

 

If it were a "100 point System" then it would be a "Sheldon System" since he's dead. It would be a "New" Grading System which would irritate the bejeesus out of us folks that have coins graded under the 70 point system! And I really don't care WHAT kind of "deal" is offered by the TPG! It's still money out of my pocket and into their pocket because "THEY" decided to change things around!

Almost as silly as the $5.00 fee that PCGS put up for folks to get their old slabs into PCGS's NEW Slabs.

 

Nah, the $5 fee to reholder is totally legit in my mind. I think $5 about covers the value of the plastic itself and the labor to do the job. I mean, what else are you going to do with a coin in a badly damaged slab? Crack it out and risk it coming back at a worse grade? Or, would you expect them to reslab the coin at grade for free?

Oh, and to keep it on topic, I agree that the 100 point system will never fly.

 

It's the $8 invoice fee that I find silly (and a blatant money grab.)

 

No need for the change to a hundred point scale now. But it would have made plenty of sense early on. 70 is just a strange number to be considered perfect.

Sheldon's scale was designed to estimate value, that is why so many of the in between numbers are not used.

 

No argument here.

You DO recall why this "handling fee" was implemented in the first place?

If not, let me share my memory.

Back around 2005 PCGS decided that too many "Single Coin" submission were coming in and clogging the system. A handling fee of $5 was implemented for every order which was of 4 coins or less. If 5 coins were submitted, then no handling fee was required.

The only exception to the "less than 5 coins handling fee" was if a single coin quarterly special was being submitted. PCGS "used" to offer Quarterly Collectors Club Specials such as Submit any Kennedy Half Dollar, or any coin with a date ending in 61, or any coin produced during the 1800's, and so on. No handling fee (nor grading fee) was required for these CC submission.

After a year or so, the handling fee became a permanent fixture regardless of how many coins were sent in.

When Willis took over, the fee got bumped to $8, quarterly specials became "4 for the price of 3" and free submissions "STILL" required that stupid handling fee which, technically, should be a part of the grading fee.

 

Self Edited

 

Why? You'd just need to pay them a nominal fee to have your MS70 coin reholdered and you'll get it back in a nice super secure shield MS99 slab ;-)

 

The TPGs can't handle a 70 point scale now. Why should we think they are going to have an easier time with a 100 point scale with more potential grading intervals?

If they are going to make a big change, I would like to see a technical grade placed beside the market grade on all pieces.

 

I think decimals would kill many top pop coins and the registries would probably suffer. I think the latter might do some good as I think registry sets have encouraged overreliance on labels.

 

CGS (the British fledgling certification company) has been using a 100 point scale for some time. Of course, they don't use all of the numbers (just as we don't in the 70 point scale) and one of the first things they did was publish a "cross-walk" of the sorts so people could roughly figure out what a 78/100 equated to in the 70 point system.

 

If they are merely going to reshuffle numbers, what's the point then? I assumed they would consider a switch to have some sort of advantage and other than increasing the number of possible intervals, I don't know what it could accomplish.

 

That's exactly what any "new" system will effectively accomplish. It will confuse the market with a different numbering system, but substantively it will remain basically a mapping of current grades to a new numerical grade. This alone should be justification for leaving the 70 point system alone for the TPGs.

 

They didn't keep the same scale. Mint state has 35 increments. If they used the same scale, MS-60 would equal 85. Can you imagine the Morgan collectors debating a single point of a 35 point MS scale? The horror!

 

Not all the numbers are used. It has a functional 19 increments -- which is actually one LESS than the MS60-70 scale has when you account for the plus system which has been around since 2010.

 

But I still envision the debate happening and want to go running for the hills.

 

What I find amusing is that the British scale has multiple intervals that equate to our "MS70." Can you imagine the chaos among modern collectors, many of which merely look at the slab and are incapable of deciphering the differences between a 69 and 70? In fairness, top pop classic coins would also face similar fates.

 

Or maybe it is a way to recalibrate the entire grading system while masking grade inflation/any changes. Your theory probably isn't far off either. Now that we have star and plus designations, what is left?