Was my coin graded improperly by PCGS?

<<I'm not going to get into this topic again as you can read my posts and see what I and many others I've talked to think.....>>

Midas has a different idea. he's thinking of coins in light of gemstones and gemstones are much simpler. With all due respect Speedy, you have NO IDEA what computerized grading and identification can do. Not only can such a program make truly reliable grading, but they can establish a true pedigree database and combat theft, and recovory of stolen coins.

Ruben

 

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I'm open to any and all ideas....I've searched out this topic of Computer grading pretty good and talked to graders and computer progamers and such....all say that it could happen someday....but computers just haven't gotten to that place and I don't see how they can for along time yet...

Speedy

 

24 trillion calculations per second isn't enough?

There is MORE than enough power, even on a standard PC. In fact, this is very much the kind of programming I did for my PhD.

Ruben

 

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Its not that...the things that a computer can't do is say...oh this has pretty toning...this had great eye appeal....this is a VAM2A....
Computers are great and maybe someday down the road they will get to the place where they can do a large part of grading....but grading is an Art...and computers haven't yet gotten the Art IMHO.

Speedy

 

Actqaully that can be programmed in as well without a problem. But THAT subjective criteria have no place in grading. Those evaluations belong in the market.

Ruben

 

I'm sorry but we are going to have to agree to disagree.....luster/toning/etc most definteily have a large part in grading and should.
Again....read that book I sent online...it shows and talks about this topic.
One reason why luster should be taken in with grading IMO is because it can point to cleaning....you can have a coin with UNC detail but has no or dull luster...that points to cleaning...if we didn't take that into grading we would be calling that coin UNC and not AU like it should be.

Speedy

 

Luster is measurable, but toning is damage, even if it is a desired damage. Computer's can easily pick up luster and cleaning without much of a problem and even hand a number on the damage to the luster by cleaning.

You must trust the market to determine the value.

Ruben

 

We can agree that the market is the one that determines the price..and the price shows the value.
But to get that price or value you must have a grade....your not going to buy a coin that is worn down to almost nothing for $100 and then buy a coin that has great detail in the same date and mintmark for $5....so in one "cent" of the market....the grade also helps determines the value.
I see your point and I agree with it part way

Speedy