What I don't ever want to see happening is that grading BU coins becomes merely an exercise in ding counting. Not acceptable.
I agree it's interesting in that even KNOWING ICG had previously called it a 63, the new owner (presumably) now wanted to call it a 64. It didn't surprise me at all that a significant past tense ICG and a present tense NGC would grade out the same.
I'm confused again... I should think Brian covered this is your class... Once a grader decides that a coin is Mint State with no or acceptable friction, what characteristics does he use to determine the MS #?
Thanks. I thought so. Dings are important so I guess we actually need to count the number of dings to grade MS coins, while we judge their severity and location at the same time. EDIT: Yeah @baseball, I just wanted the poster to clarify his comment about grading becoming a counting "dings" thing. MS Grading: Luster Strike Marks - #, location, and severity (includes hairlines) Eye Appeal
What about luster? What about strike? What about eye appeal (which IS inherently subjective)? To me, all three of those rank higher in importance than ding counting. I do care WHERE dings are.
I submit to you there is not one ICG. Every time it changes hands, it's a different company. There's the James Taylor ICG, and then there's everything else. There's the small slab ANACS, even under Amos, and then there's everything else.
Nothing to argue with there. When the companies sold and all of the personal changes its the same in name only
Well, I believe that at PCGS or at NGC, a Ms-70 or Pf-70 or a Sp-70 (Special Proof) coin is one that has no visible flaws at 5x magnification. None the less, if you are using 6x magnification, you might see a contact mark or two.
heavycam.monstervam said: "You can't just single out Anacs as the only company who has an overgraded MS70 labeled as such. I've seen numerous so-called 70 graded coins in PCGS/NGC holders that weren't even close. This is a 100% true fact. Examples of over graded, under graded, and correctly graded coins can be found in every major TPGS slab. Old news, get over it. We all know the experts around here are better graders than any of the fellows working at the services because when you can examine a coin for as long as you wish - you better not screw up and I'll guarantee you'll be correct more often than not. "I don't think there even is such a thing for a business strike. I could find SOMETHING wrong with any 70 graded coin you put in front of me." This is NOT. I've personally examined thousands of perfect coins in TPGS slabs and raw at magnifications much higher than 10X while looking for a single microscopic flaw (hairline, spot, nick, mint-made struck thru, etc.) so I could trash the coin! Note: Mint-made marks are allowed on 70's. ColonialCoin4, posted: "Well, I believe that at PCGS or at NGC, a Ms-70 or Pf-70 or a Sp-70 (Special Proof) coin is one that has no visible flaws at 5x magnification. None the less, if you are using 6x magnification, you might see a contact mark or two." If it doesn't show at 5X it will seldom show at 7X either.
You've seen a true "business strike" 70? Where? To be clear, a "business strike" does not from the Mint in a capsule, velour hide case and box. They come in pallet ballistic or at least smaller collector intended canvas bags. I've found such in 67 and 68, and I've seen pictures of 69's. But I know of no 70's. If you know of such a coin graded 70, I'll travel just to see it.
Flag on the play, illegal goalpost movement. In common usage, as I've seen it, "business strike" means "anything other than proof or special finishes", and I'm not even sure about the "special finishes" part. How the thing gets picked, stacked, and packaged on its way out of the mint can't alter its strike.