So...Where Did MS70 Come From...

Discussion in 'Coin Chat' started by Kentucky, Jan 10, 2018.

  1. Conder101

    Conder101 Numismatist

    By which time the EAC community was discarding the system.

    Even after his body type theories were discredited though, he still had enough influence with the Ivy League schools to have them photograph all their incoming freshmen each year for his "research". This may never have become widely known until when Bill Clinton wa President it was realized that the first ladies nude photos were in the collection along with many other washington big wigs.
     
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  3. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Grabbing two sporks to gouge my eyeballs out with...
     
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  4. iPen

    iPen Well-Known Member

    Shouldn't there also be lots of + grades, if grading is to be more objective? In other words, an equal number of plus grades as there are of regular integer grades. That tells me that graders are rounding up or rounding down a lot of the grades unless the condition is dead center (e.g. between MS62 and MS63). OR, is it that inter-grade condition definitions are very narrow, making + grades unlikely (e.g. MS70 is perfect and MS69 is one tiny imperfection, so an MS69+ would have to be... half a tiny imperfection lol)?

    Anyway, in MS condition, I have the most trouble differentiating coins that grade in MS60-MS62. Higher grades than that are relatively easy for me.
     
    Last edited: Jan 12, 2018
  5. Mainebill

    Mainebill Bethany Danielle

    Can’t believe the camera didn’t break. I bet that was just about the last time a man saw her naked. Or wanted to.
     
  6. Mainebill

    Mainebill Bethany Danielle

    As to Sheldon he was basically a thief. He swapped out a bunch of higher grade and rarer coins for less desirable examples still better than Walter Breen tho
     
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  7. TheFinn

    TheFinn Well-Known Member

    Just wait a couple of years and what was MS63 will be MS64... again. AU58s are now MS62s.
     
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  8. Mainebill

    Mainebill Bethany Danielle

    Not lately. Pcgs has been tough. 62 is 58 50 is 45 40 is 35. Nearly everything is a grade down. Maybe why I’m over 50% on cac submissions
     
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  9. baseball21

    baseball21 Well-Known Member

    Not really. Plus grades don’t apply to the whole grading scale currently, 68 is the highest for them and I believe 45 is the lowest. They’re also only supposed to be the very top of the grade something like 63.95 would be a plus where 63.69 would not if you were fractional grading in the grading room.

    But here’s the thing there is no set number of plus grades that their should be. Nothing says any coin has to be a just miss for the next grade. The scale isn’t changing to accommodate the distribution of the pieces within the grade, e.g. the top 10 percent of graded 63s don’t automatically become pluses.
     
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  10. GDJMSP

    GDJMSP Numismatist Moderator

    Kinda depends on what you're calling original.

    In the first edition ANA grading book (1977) there were only 3 MS grades - 60, 65, and 70. It was not until some years later that they added 63 and 67 in the 3rd edition of the book. Then, in 1987 they added 61, 62, 64, 66, 68 and 69 so there was a total of 11 MS grades. Been that way ever since.
     
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  11. Conder101

    Conder101 Numismatist

    I believe by original he means as in Early American Cents by William Sheldon 1949 although I believe that was only 60, 65, and 70. 63 and 67 I think were added in Penny Whimsy in 1958.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    Could be, if you have copies please check for us. But going by memory the grades 63 and 67 did not even exist until the ANA instituted their use.
     
  13. iPen

    iPen Well-Known Member

    Why not change to a 100 point scale - is there a lot of resistance to change to a 100 point scale, sort of like getting the US to accept the metric system? 70 as the maximum grade is so arbitrary, even when you consider Sheldon's price-based origin. I can see that there would be many more in-between grades, but everything else that's been graded would be standardized out of 100. I guess it would be confusing at first if an older slab would say MS60 but the new slabs would say something like VF60.
     
  14. mikenoodle

    mikenoodle The Village Idiot Supporter

    You don't need that many circulated grades.

    The only things that a 100 point scale does is allow for more confusion among Mint State grades than there already is.
     
  15. baseball21

    baseball21 Well-Known Member

    A lot of resistance is a giant understatement. It would kill collecting as we know it. Billions of dollars of value are out there in the current grading system, if you turned that on it's head and created uncertainty to that magnitude that would cause A LOT of people to just sell what they have and walk away.

    There's also no reason too, it wouldn't change anything. The only major change that would really make any sense is looking at the 58/60 line and seeing if we really want to keep that as a hard wear no wear line
     
  16. mikenoodle

    mikenoodle The Village Idiot Supporter

    That isn't how I always understood grading. I was taught that hard wear would make a coin XF. AU is just for slight rub, and that's all. So, in a sense, that IS your in between.
     
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  17. baseball21

    baseball21 Well-Known Member

    I was saying a hard line between wear no wear, not actually hard (lots) of wear. I did word it weird though look back at it.

    I think that is an area we could look at to see if we want to continue with really two separate grading scales pyramid on top of each other or if we want to actually make it a continuous scale. Really though I don't expect any major changes at this point, maybe some more + or * type things but unlikely for something that would turn grading upside down as we know it
     
  18. mikenoodle

    mikenoodle The Village Idiot Supporter

    upside down, yes, if not completely make the system break altogether.

    The current system allows for all of these + and * designations, so it works (for all intents and purposes).

    Changing the scale won't fix things, but rather destroy everything done thus far and make us start all over, which is something that would see millions of dollars in value lost.
     
  19. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    with CAC gold and green beans included, we have a 210 point scale anyway. LOL
     
  20. Kentucky

    Kentucky Supporter! Supporter

    With this in mind, when did the first coin earn an MS70 designation?

    Anyone...

    Anyone...
     
  21. baseball21

    baseball21 Well-Known Member

    As in year it was graded or the earliest dated Coin with the grade?
     
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