I am completely stumped on this MS-67+ Washington Quarter

Although I would price it at a 65+, I would only grade it 64 max due to the stains on the reverse. The obverse is 65 enough (color a +) in spite of several large hits.

PS Is this called hijacking a thread?

 

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High jacking a thread would be posting anything that contradicts the Op's original comments.
I like the Idea of "SLEC"
Strike 65
Luster 66
Eye appeal 64
Contact marks 66, or higher in hand.
I am at a 65. Being a possible error, really adds a little some- to the eye appeal. If I saw it in hand I might shell out 66 money for it.

 

I started this thread regarding a Washington Quarter. A question was raised about posting a Washington Quarter that had similarities to the original coin that I posted. If I created the thread, I don't think I can hijack it by posting a similar coin within the same series.

 

Nah. Hijacking a thread is when someone brings up ancient coins in a US coin thread.

 

Speaking of ancient I picked up some Chinese cash today.
Thankfully, Ancients have been allowed, and part of this thread

 

Still a little confused - remember - I've only been here a year + and lots of times members tell someone they are hijacking. So...

This makes sense. I forgot who the OP was. The way I understand it, you as the OP can introduce anything into your own thread like the price of silver today. I've seen discussions deteriorate into funny one liners or what's for dinner that night. All this is OK with me as we are here to have fun and learn. My original question was to learn more about highjacking not to "rag" on the poster.

This next reply does not make sense:

That happens all the time in the discussion.

 

And I'll add that those standards can change in a twelve month time period.

 

And how do they do that Doug? Write a memo to all the graders "guys, submission is down, add a point to all your grades."

More likely is that what people perceive as loosening of standards is a combination of grading subjectivity and and increased tolerance of market grading principles.

The coin in this thread is a perfect example. You and most of the other people in this thread view the surface marks as grade limiting. I can very easily imagine the TPGs changing there standards to ignore grade limiters in the presence of superlatives in the other elements of grading.

And conventional wisdom is that grading actually tightened with the inception of the CAC in 2008. Furthermore, the adoption of the "+" grade was specifically designed to combat gradeflation. And I saw a GTG just today that showed that it is indeed working.

 

Oh no, you got the faces going! Let's see if you can answer your own question with this puzzle:

The Lehigh Coin Grading service has three graders and one finalizer. Big Clue : You are the finalizer and a VP of the company. The President/owner of the company has lunch with you.

Who sets the grading standard for coins leaving the grading room that day? Who is in control of the standards that month? Oh no, our biggest submitter (85% of the business) says we are a little tight this month...who can adjust the grades for the next submission? Wow, the market is red hot and no signs of stopping. Who controls what the four graders do without saying ANYTHING AT ALL or not much more than: "Loosen up a bit?" YOU DO! Shucks, I gave you the answer.

I once saw a sign on a TPG's computer: "Monkey See, Monkey Do, Monkey get Rich. I'll bet those four graders in my example are in tune with what they need to do. It's not like they need to have a company meeting or memo.

 

Wow, I didn't know you were a fiction novelist.

 

I disagree, as a person who submits to both NGC and PCGS.

Grading standards ebb and flow. Recently, NGC has tightened up. I personally sent in 2 Morgan's and 2 Walking Liberty Halves. Each one came back a point lower than they should have. The whole order. So the Morgans were easily MS65's and they graded MS64. One Walker was a Fine and came back VG08, the other was a Gemmy MS66 that they graded MS65+.

PCGS goes thru these waves as well, where they loosen their standards and then tighten them a few months later. I've seen this more than a handful of times since joining PCGS in 2008.

Additionally, as a Capped Bust Half guy, NGC has been laughed at for a decade, often grading them AU55 when PCGS grades the same coin XF45. But look at the recent bust halves coming out of NGC, and you'll see that they are now as strict as PCGS. And yes, PCGS remains consistently tough on that series.

 

I've read that the best fiction is based on the truth.

 

Nobody said your writing was good.

 

I find it hilarious that a guy who self admittedly hasn't collected coins for over a decade presumes to know more about TPG grading practices than collectors who are members and submit coins every year. In my personal experience, I haven't seen any change in standards over the last decade with the exception that NGC has started to allow shallow marks on the steps and will still award the 5FS designation.

 

Then you obviously have not been collecting IHCs.

You know what they say about the frog staying in a bowl of water as it gradually gets hotter...

 

Dude, don't take this the wrong way, but you are 20 years old. You weren't submitting coins when you were 10.

 

But I have been looking at certified IHCs for the past 5 years. The standards have dropped so far.