Guess the grade # 5

According to you -- it's fair to say that the NGC graders who graded the GSA hoard disagree.

 

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Sure. I'm the only one in the world that says the difference between AU and UNC is a break in the luster.

I guess Brown & Dunn, Photograde and the ANA grading guide are all wrong.

 

NGC only grades the GSA coins submitted to them. They did not grade the hoard.

 

I thought the surface of the coin was a bit marked up for better then a MS 62 .

 

Of course you're not the only one....but it is worth noting the ANA graded these coins UNC as well back when they had a grading company.

The point I was trying to illustrate is that there are lots of different grading standards, and not all of them view the statement "if the coin has high-point rub that breaks the luster the coin must be AU" as true.

To the contrary, virtually every one of them would grade the above GSA coin as uncirculated, despite how you, B&D, Photograde, or the ANA define things....Mike

 

The photo is confusing you, methinks, and we all know how hard it is to grade from a photo.

 

Fair enough, but they do a very, very good job of pricing/ranking them.

 

You're becoming a push-over in your old age.

 

Then quit busting my balls. I grade technically, not market(ly!). It saves me money in the long run.

 

I will as soon as you stop speaking authoritatively about things that are not so cut and dried.

I'm not sure how grading to any standard, conservative or liberal, will save anyone money, but it it works for you, more power to you!

Take care...Mike

 

What a hypocrite. You're doing the same thing.

 

Really? Where?

 

p.s. I try very hard not to speak authoritatively when I'm voicing opinions. You will notice words like "I think" or "IMO" or other similar words to try and distinguish between opinion and fact. If I've crossed the line, kindly point it out, and I'll be the first to apologize.

 

You have me wrong , I know that Au Bust Halves can be graded as MS . I already posted that in an indirect way when I said that I thought some here would grade this coin either Au 58 or MS . The difference between Au 58 and MS 62 or 63 can be rather subtle.
As far as grading standards – because I only purchase and sell slabbed coins I have to go with the TPG grading standards over the ANA standard. In a perfect world both standards and all TPG’s would grade coins equally , chances of that happening from what I see are slim to none. If CAC grades by the TPG standard , they do so at a very conservative level , as it should be. I don’t think there is a major difference between ANA and TPG standards , you personally are just grading at a very conservative level. All the TPG’s did was to modify the ANA standards . You can break it down further and argue that what PCGS considers MS, NGC might consider Au and visa versa. There is the scientific aspect of grading but what it all boils down to is subjectivity of ones person opinion VS another’s.
From what I see in the early days of ANACS and PCGS, coins were graded very conservatively . I have seen some early ANACS coins with that were given the paper certificate that today would grade many points higher.
I will buy that MS 65 Bust from you but only if you submit it to CAC first .

 

And it is very rare that you will ever see me argue when I miss on a grade guess based on a photo

 

It's quite apparent that from these questions you either have no idea how to grade or you delight in being passive-aggressive.

 

Questions are not statements of fact, and I'm sorry if you took offense to them -- that was not my intent...Mike

p.s. I do enjoy asking leading questions, and I'll leave it up to others to judge my grading ability or passive-aggressive tendencies.