The part people struggle with is the subject aspects of grading, that is all that is saying. They do repeat their results far more often than not. Pictures are what most people judge them by and that is not how you actually grade Secrets aka anything very insightful. As a hypothetical example a seller of rare gold isn't going to tell you that the major collectors have gotten their fill and prices will likely fall, nor will a major dealer tell you what is likely to do better with which TPG. It wasn't a literal statement more just a reflection of the fact that those interviews are just like chatting someone up at a bar. Anything people would really want to know won't be in them
Matt and I work very hard to make ours educational and informative. We cover news in the world of coins, a feature educational segment, and a segment where we discuss a very cool coin that just walked in to Matt's coin shop. We also distribute coin news content via our Facebook page and Twitter feed. All in all, ours is different than most I have ever heard.
What's wrong with Salzburg, I went there with my wife for our honeymoon Salzberg Salzburg Just sayin' :-D
No attempts to refine or improve the system then. Okay. Got it. Tell me, what's so fundamentally scary about improvements? Even the ANA now agrees market grading is an improvement. By what Mandate from the Crown are they obligated to freeze at some point in time?
nothing fundamentally scary about improvements, Kurt. Just asking them to create a standard and stick with it. If an inch was one length one day, and a different one the next and yet another length another day...
Refine or improve is fine such as plus grading. Completely redoing the system to an entirely new scale though would cause too much damage to the market and chase a lot of people away.
Advice: Don't sign up for a physics course on Special or General Relativity. No yardsticks are constant. Nor in currencies when all float against each other and against all commodities. You need to embrace the world of constantly warping funhouse mirrors all around you.
Just would like to invest some funds into the TPGSs before the big change-over. I would imagine there would be plenty of re-submissions, as well as the regular business they do if the grading system was to change. $ CHA-CHING $ Seriously though, I agree with the reasoning that all should use the 70 point scale, with the same criteria, and not add in their opinions on FMV. That should be determined by the buyer/seller. Bottom line, if the coin is a 63, don't grade it 64 or 62. I guess I'm okay with adding a *,or + for a coin that has great eye appeal for the grade. JMHO.
The grade of a coin should be specific. The value of a coin can, and will be fluid. The notion that a GRADING company will change the GRADE based on VALUE is a slippery slope at best and I think that the current situation is what happens when the TPGs try to market grade coins.
But trying to tell old school collectors who don't like slabs that their pieces are basically unsaleable is okay? What ever happened to insisting people learn to grade? Yes, I know - it chases away deep-pocketed "investors". Oh boo hoo.
To me, the most ridiculous problem with technical grading is it has no way to differentiate strike strength. Nor color, but I don't care about color.
here's my take, and I completely realize that this is NOT the way that the system works, but here's what I think: Grade the coin. Let the buyer and seller value the coin. I know that a coin with great eye appeal should command a premium. I don't need you to tell me that and I don't need the grade to reflect it for me to realize it.
Ok, Ok, all the out here can pile on with more malarkey to impress us and cloud the subject. No one gives a rat's about relativity, time warps, floating currency values, etc. Let's pretend we are normal people and keep things simple. Look up the definition for a standard. That is why an inch is an inch from CA to ME. Now, if standards are not followed or things having nothing to do with a standard as it is regarded by normal people are brought in - we are getting off track. There is no universally followed grading standard for coins. Get over it. You can develop your own personal standard and gripe about what you consider to be the grading errors of others; but you better be smart enough to know as much as you can about the "standards" others use.
Here's why that won't work. The same investor types who make TPG necessary in large part, because they've got the money but not the skills, won't accept the market risk of different coins of the same type/date/mint/grade having widely different values. Only the "true numismatist" can function in that system, and we all know the entire hobby/industry is moving AWAY FROM the needs of the hardcore numismatist. Why? He's dying off. What's the downside? As tastes change, due to whatever, so must grades. Example: as we learn more about IDing artificial toning - guess what.