A Sheldon 100 Point Grading System??

I'm not sure if this has been covered before so apologies in advance if it has. I read recently, I think an article by Dave Harper in Numismatic News that this is actually being tossed around by the 4 TPG's? If things were not bad enough for us old timers trying to keep up, imagine how tough it would be for newbies. Perhaps some thoughts on this?

 

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I thought the idea died years ago.

 

I hope it dies again.

 

The TGPs would love it

 

...but they only actually use 30 grades out of the 70 point system as it is. Why add more?

 

My thought exactly, to me, even a 70 point system is pointless

 

Actually the 70 point system was created by Sheldon and made sense at the time

 

The 100 point system would only be a revenue generator for the TPG's.

 

You got it right

 

I already cant figure out grading.... why make it more complicated? Ugh

 

Not a new idea.

 

A new grading system wouldn't be a Sheldon anything...

 

All the modern coin (MS/PR 70) collectors will have an instant heart attack.

 

That's OK. The current Sheldon scale as used isn't "a Sheldon anything" either. The original Sheldon scale applied to large cents only and tried to price them on a lineal scale, for example an F-12 coin was worth 12X a basal state example while a VF-20 example was worth 20X.

The scale actually worked fairly well at the time it originated when properly applied.

 

MS 70 3/4

 

I suggest we grade coins based on decimal point scale. Why not a MS-69.5 silver eagle? After all, not all MS69 are the same, some are better than others.

 

No it just goes dormant and then pops back up again every so often. Most likely it will eventually happen someday.

 

Also what about the new grading system already in use. Take for instance a MS65 CAC Morgan. This coin is not good enough for it to be MS65+ but just a solid to high grade MS65.

Some dealers also use an additional grade of PQ, PQ+, PQ++ and PQ+++. Just what does that mean? Now I find it has been expanded to PQ++! or even PQ++!!. So the !! is a better grade than !, but not better than PQ++. I saw a MS65 CAC Morgan listed with an additional grade of PQ++!! Come on!

 

I think the 100-point grading system is akin to the grading by computer idea. Insane then and now.

 

Means that they are proud of their coins and they wanted more $$$