New grading standards?

For everyone who thinks the current grading system is not accurate enough, try this one http://cgi.ebay.com/1897-S-Morgan-S...mQQptZCoins_US_Individual?hash=item27b05d446f. They cannot agree on the grade as it stands, so they tried to introduce 1/2 grades. I wonder why it did not last. lol

 

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The old Accugrade slab.
I still have their grading book somewhere.

 

That grading system is neat, but I wouldn't grade that coin any higher than MS63.25.

 

Shouldn't it really be MS-63.2574993?
I'm for a new system using the Metric System. A 100 point grading system to agree with Meters, Centigrade, Liters, etc. Under such a system that coin could well be a MS-94.233958 :whistle:

 

Half grades, Thats the most retarded thing i have ever heard of!!
And by the look of the unprofessional slab i can see why...LOL

 

LOL.

Regards,
Stan

 

Ahh, but would it get a CAC watermelon sticker...

 

Coin Grades

I hear the "crack-out" experts do 1/10 grades. So if a coin is really high end "63", 63.7, it is worth trying as a "64". The question is always why is a coin in an old holder if it has upgrade potential? Don't you think that coin has been carefully examined if it has upgrade potential, a high end MS62 type II $20 for example? It is worth high $2000s in 62, many multiples of that in MS63.

 

What your missing is the fact that part of those point system grades, such as 63.7 is for the slab also. The coin is a 63 and the slab is a .7
Therefore all coins are now in this tenth grade systems due to the grading of the slab too. This would mean you could now buy a .5 slab but no coin. :goofer:

 

Half grades are retarded? Yet you constantly hear people talking about a coin being "High end", "low end", and "solidly" graded. That is third point grading, an even finer division than this coin. I guess all of these collectors and dealers today must be even more retarded today than they were back then.

As for the slab being "Unprofessional" looking, it was VERY professional looking for its time. You are looking at the FIRST style of slabbed coin in the United States, and the slab shell design that all the others were originally based on.

Accugrade was the first grading service in the US to use a sealed hard shell slab to encapsulate the coins they graded. They began in 1984. (Two years before PCGS came around and PCGS was the FIFTH company to use slabs, and there is some claim that the PCGS rattler was designed by Accugrade. I'm not convinced of that yet.) The slab in that auction is from around 1986. By that time Accugrade had three branch offices. The Main office was in Connecticut and the branches were in Des Moines, Iowa San Francisco, and Long Beach CA. These Branch offices didn't last long, only about two years at most. There were four slab designs that came from the California offices. Each office had one slab that listed their office on the back. The other two did not list the specific office. One has Accugrade California, and the other says Accugrade West. I do not know what the timing of issue was for these four slabs. Were the two offices open at the same time, or was it one office that moved from one location to another? If it was two offices did the "California" and "West" slabs come before the second office opened or after one of the two closed? Style of the labels tells me they both came from the same office, but I don't think they came from the San Francisco office. If they did they are from before the label with the San Francisco address on it. My real problem is I have only seen one Long Beach slab and I do not have an example or a picture of one for comparison purposes. The slab pictured in the auction was not known to me at the time of the publication of the Slab book. It is currently listed in my notes for the second edition as ACG 11.1 It is also a fairly rare slab.

 

Grading standards

So what is the current status of Accugrade? I realize the intense competition in the industry has made it difficult for non P/N or A grading services to survive.

To me a "63" is a high end coin, a MS62 is supposedly an above average mint state example, and the Morgan isn't with the reed mark on the cheek. I would think a "63" should have the look of a "65" or gem except for some minor blemishes or defects, according to Scott Travers analysis of specific grades.

 

I'm not too sure what their current status is. I haven't seen much from them recently but from what I've been told they are mainly slabbing Canadian now, and of course suing ebay and the ANA etc.

And a 63 is not a high end coin.

 

I vote use all 70 points in a 70 point grading system, or do away with it. Lets be real, if you have 10 vehicles and you only use 2 of them, wouldn't you get rid of the others?

 

Grading Standards

The 70 point system is a good system. I would just like to see in between grades like MS61 and AU53, AU55, and VF30 priced and published in the CDN.

 

What Kind Of Coin Grading Is This?

This is B*******t grading, by the way, I got a Monalisa original for sale LOL...thanks.

 

To me it depends on the coin you are talking about on if MS63 is a high end coin. On a morgan to me it is about average. Plus pictures on morgans makes things look a lot worse than they are. I have seen frosty 64's that look worse than this coin. Plus as mentioned there are high end, low end and average for 63's. And to round it off - I hope everybody tried to grade the coin disregarding what is on the holder? I do my best with everything I buy to grade the coin on its own merit - not what is on the holder. Just my humble opinion.

 

Well, Lets see which is the better and more respected TPG PCGS
Or Accugrade?? And if Half grades were that popular where are
They now??

 

At that time, my guess it that the most respected TPG was between ANACS and Accugrade.

 

All such conversations are why I just don't really care what the grade is supposed to be or really is. If I buy a coin in a slab, the first thing I do is break it out for placing in my Albums. To me the better looking one goes into what I call Set #1 followed by Set #2, etc. Since I don't try to document how much an Album is worth, nor any coins at all, it really makes little difference to me if a coin is G-4 or MS-99.999 + or - a .1
I do keep or sort of keep a Excel file of my coins but just the dates, mint marks, in a 2x2, in a plastic roll, in an Album, etc. And since I don't plan on selling any coins, the problem of grading is for the person(s) in the future the get this mess.
I do realize that for purchasing coins it is really of major concern to many as to the grades. Sort of like the same with purchasing a car, house or anything.

 

And if you only included TPG's that slabbed then it was between ACG and PCI. And at the time ACG was the more respected of the two. Believe it or not ACG was NOT looked upon badly until around 1990 when the company that WAS considered the bottom of the barrel, NCI, went out of business.

Turns out I DO have an example of the Long Beach office slab and after comparing the four types I would say the Accugrade West and Accugrade California slabs probably came from the Long Beach office after the San Francisco office closed.

Believe it or not they keep making a comeback and several TPG's have tried them over the years. Also what would you call the CAC stickers? Aren't they in effect a half grade sticker? especially the gold ones? And from sneak hints released by accident on the PCGS forum the "Big One" announcement from PCGS today may actually be a + grade added to the number which would also in effect be a half grade.