When it says a "mere 4 finer" on population reports of graded coins what does that mean exactly? If you have a 64 RB graded coin and it says there are 4 finer does it mean 4 are graded for that service as 65's. This has never been clear to me?
It means there are 4 finer within that It means there are 4 finer within that grading company or body of work/reference. The only thing they can say is we know of 4 finer within their TPG company - in other words if they grade a MS-64 RB and then state they have graded 4 finer. The 4 could be all MS-65 RB, or 68-Rd or a 66 RB, or any combination of coins with a higher grade than the 64-RB even a 64- full Red would be a superior coin in the above desribed situation and since it changes every month or week and there is at least 4 different services it all boils down to a whole lot of nothing jibber jabber that one see's from TPG companies. In other words it means nothing more than this was true, now is not or someday could be - I guess you can tell I really like TPG companies so very much.
Thanks guys. I know don't like TPG's Ben. I like them, but your arguements are valid. I think I am less prone to drop them, or mess with them. I have cracked out several coins- 7-8 and something went wrong with at least 5 of them by my own hands due to inexperience. I like the protection of the holders for my own sake and resale value. They are less prone to damage and environmental sulfer/chlorine and oxygen. Just my opinion. I do think they lowball good coins to get resubmissions, and play games, but no system is perfect. We could go on forever, about this, but I think the last post by someone else covered this pretty well (you just posted there today- can't remember the name of the post). Thanks for opinions
Yes Garrett, I am aware of that. I wish those people would turn in their coin descriptor so they would change the pop data. There are actually a certain % less of all graded coins due to this so they are rarer (in terms of graded coins) than the pop reports state.
Most commonly what I see is that there are 4 finer in that state. i.e. if your coin is 65 brown, there are 4 coins higher grades in brown. Every time I have looked them up, that is the answer I have found. Not saying I agree or that is what should be said. Just that is what I have seen.
Fits the description of most of my coins. I have a suggestion that many would not agree with. If you have such a slab, break out the coin, put it in an Album, throw away the platic slab, no more problems of what was on that slab. I've purchased slabs in the past and have NONE now.
You have it correct, but in your example, it means there are only 4 RB coins graded higher. You have to be careful with coins that have different varieties -- like BN/RB/RD, CAM/DCAM, and FH/FS. The sneaky will use this difference to make a coin seem more rare than it is.... For instance take a 66 BN large cent. It may be highest pop in virtually any of the late dates, but it is nowhere near the highest graded -- there are many many 66 RB and even a few RD coins that are both more desireable (to most), more rare, more valuable -- and higher graded. Also, the "4 finer" also doesn't take into account the population of the grade itself. For instance, suppose a coin has 1000 in 64 and only 4 coins in 65. Now take a second coin with 5 in 64 and 4 in 65. While they both have "4 finer" the first coin is far more common (and far less likely to actually be the 4th best coin) than the second one. In short, be very careful when you see words like this used (almost always by a seller) -- as they are wrought with misinterpretation. Hope this helps...Mike
And what about coins that were in NGC 70 holders that have been crossed to PCGS? Wouldn't that call into question the 70 pops (at NGC at least)...Mike
