lets talk NGC x10

Discussion in 'Coin Chat' started by kaosleeroy108, Nov 17, 2022.

  1. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    whoa okay i know what your thinking this is going to be easy...!! ohh heck no it aint... cause after a few minutes of study .. they missed a whole bunch of stuff that im like aeeehhhhhh it making coin collecting like the beckett system of grading.. in my personal opinion no ...!! stop no its a gimmick i get it but this destroys the hobby or at least taints it a bit, and i will explain my opinion..


    first let me apologise for the grammar errors im sure my english master would roll overin his grave but i am flustered and trying to type fast see the attached picture..

    Please just keep in mind that I'm doing this off of the tip of my head and a quick analysis run. I'm going to point out several system errors that I see with this. Okay so from the description between 9.5 on the 10x scale which quantifies for ms65 and between ms61 which quantifies as a nine on the scale your grade becomes very muddled so for Ms 64 you can get 9.4 and 9.3 for Ms 63 you can get 9.2 and 9.1 and in my 62 can be 9.1 also between Ms 61 which is a nine and we're just going to skip in my 60 because that's what they did which should be technically 8.9 but it goes right to au 58 which is a 8.8 going all the way down to au 50 au50 is an 8 and XF 45 is a 7.5 now at this point everything seems to drop down by five points or half points so as you can see from my horrible rushed penmanship I wrote it all down I will create a flow chart a little bit later tonight to show you the exact way it seems to be broken down and why I feel that this is just a horrible thing to do but till then chewing has been an information hit me back remember as always, research is key!!
     

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    Last edited: Nov 17, 2022
    Noah Finney likes this.
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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Here is better info on the new scale: https://www.ngccoin.com/news/article/10916/introducing-ngcx/
    https://www.ngccoin.com/specialty-services/ngcx-10-point-grading-scale/


    There has been a push and desire to go to a 100 point grading scale to replace Sheldon for a very long time. Sheldon's scale didn't make much sense when it was first published, and it makes even less sense now.

    I, for one, am strongly in favor of a new, universal scale. I'm not convinced a 10 point scale is the most ideal, but given that is how many, many other things are also graded it makes sense to have a parallel to other collectibles.

    And yes, it is going to be a sometimes difficult transition. Yes, there will be a period where both scales are used.

    But, I think that it is high time we consider something like this.
     
  4. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    look I am all up for new things. if they are totally based from the beginning .they skipped some grades and every single coin digest or grading book will have to compensate to the new scale. was the A.N.A. even consulted???
     
  5. kanga

    kanga 65 Year Collector

    Fortunately (for me), I won't be around for this to affect me.
     
  6. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    I LOVE the new system. It makes total sense to me!
    Capture+_2022-11-18-10-12-23.png
     
    Last edited: Nov 18, 2022
    Dynoking likes this.
  7. charley

    charley Well-Known Member

    Do you like it based on Market Grading, or Technical Grading?
    Do you like it for the stated Moderns only, or would you have the same enthusiasm if it morphs into being used for Classics?

    What do you envision a GREYSHEET will look like...just a separate section reflecting the present proposed system for Moderns only?

    What percentage of the Moderns that this new system is for, will actually grade....for example only.....MS/PF66 and will this be worth the submittal encapsulation expense?
     
  8. kanga

    kanga 65 Year Collector

    The scary part is that this system theoretically allows for more precise grading.
    8.9 = AU-59
    8.7 = AU-57
    etc.
     
    Dynoking likes this.
  9. kanga

    kanga 65 Year Collector

    I can't see it being used for older coins.
    And don't forget EAC Grading.

    Most graders can home in on the same grades for Modern coins.
    (In my case that would mean after 1964.)
     
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