NGCX a new 10 point grading scale from NGC

Discussion in 'Coin Chat' started by Jaelus, Nov 16, 2022.

  1. Santinidollar

    Santinidollar Supporter! Supporter

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. baseball21

    baseball21 Well-Known Member

    What rocket would that be that crashed into Mars? Did you mean an orbiter satellite that burned up in that atmosphere more than 30 miles up over 20 years ago? Theres a big difference, it also wasn’t because people forgot how to convert units.
     
  4. physics-fan3.14

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

    I am oversimplifying, to make a joke. But yes, that's what I mean. And it was precisely because one team was using metric and the other wasn't and somebody forgot to convert: https://www.cse.psu.edu/~gxt29/bug/localCopies/marsOrbiter.html
     
    Last edited: Nov 20, 2022
    -jeffB likes this.
  5. ldhair

    ldhair Clean Supporter

    I'm not sure I'm up for learning a new system. New folks to the hobby are going to have a tough time understand it all. I don't see anything good coming from this.
     
  6. Kasia

    Kasia Got my learning hat on

    Why would I want an entombed coin to say MS10 when I could have it say MS70? Numerically, 10 for coin collecting is very low (VG-10). Sorry, but that's not my idea of a good idea, especially since many coin collectors are engrained in understanding the Sheldon scale and ok with using it, as it describes wear.

    Seems to me 1) this NGC thing describes not wear but 'imperfections' (which of course the MS 60-70 scale does also, since there is no "wear" on an uncirculated coin) and is some sort of marketing idea that some body decided was soooooooooooooooo good because they need a new 'thing' to entice collectors to want the slab value more than the coin value (sort of like the labels they did just to get people to want to have things...first, signed, blah blah blah). And 2) this will possibly be a play to have people buy these for neatness and then when the idea fails, send the coin in again to be reholdered in a MS70 (or 69, whatever) slab. Could be wrong, but I see failure on their part, especially if numismatists and coin clubs actually educate their new numismatists that having another separate scale for cuteness isn't how the hobby works.
     
  7. physics-fan3.14

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

    You really only think that way because that's the way you've always thought, and the way you've been taught.

    Think about it like this - a 10 in the Olympics is a perfect score. It is very high. That seems perfectly normal to you, doesn't it?
     
  8. Insider

    Insider Talent on loan from...

    My 2c...

    There is nothing new under the sun. For example, the "A-C" approach to grading that is used by CAC and that will probably continue when CACG opens its doors was first published in a 1946 Numismatic Scrapbook article by Otto Oddehon. Obvioysky it did not gain favor, possibly because grading was much simpler back then. I suspect that a some researcher could find a proposed 1-10 system also in our past.
     
  9. Insider

    Insider Talent on loan from...

    physics-fan3.14, posted: "And that's fair. Eye appeal is absolutely subjective. 100%. In some grading scheme, you might even just rank that as "color" from "white" to "rainbow." However, I don't really like that because not all "rainbows" are created equally on coins. That's why having expert graders judging eye appeal, with examples and references to know what is considered "desirable" and what isn't, is important.

    However... lets be honest. Eye appeal is currently a very important part of the market grading scale. Currently, it is hidden. Currently, a coin could be adjusted one, two, or (rarely) even more points up or down based solely on good or bad eye appeal.

    Do you think that we could at least attempt a better scale by breaking that out and honestly calling the score (adjustment?) based on the eye appeal? I do.

    AMEN! The "eye appeal scam" is a way to "justify" a coin's price (as it deserves to); however, it introduces more subjectivity into grading. As long as a coin's ACTUAL condition of preservation is connected to its value and eye appeal there will ALWAYS be more disagreements with its ACTUAL grade.
     
  10. Kasia

    Kasia Got my learning hat on

    Maybe or maybe not. In figure skating, a 6.0 is the perfect score. Even in the Olympics. So just because the Olympics (in place since 1896) is 10.0 doesn't mean that is the metric one applies.
     
  11. Maxfli

    Maxfli Well-Known Member

    There's an inherent logic in a 10-point (or 100-point) scale that makes it appealing.

    It would be easy to go all "bah humbug, get off my lawn" on this subject, but I think it's an idea that deserves discussion, and NGC's decision helps move that ball down the field.
     
  12. Santinidollar

    Santinidollar Supporter! Supporter

    I have never had a problem understanding the 70-point scale. 70 is El Perfecto, as compared with 100 or even 10. I simply don’t see it as a big deal, a problem or anything else.

    Besides, picture these threads: “NGC graded my coin 9.5. Look at this other coin. It should be 9.6!”

    Good grief.
     
    Rheingold and baseball21 like this.
  13. baseball21

    baseball21 Well-Known Member

    While space is always going to have failures, there’s no getting around the fact that NASA was very sloppy during that time period and had more failures than just that. It’s a lot easier to blame measurement systems than admit a culture of sloppy or rushed work that skips checks.
     
  14. baseball21

    baseball21 Well-Known Member

    Agreed.

    There’s just simply no reason to change the numbers. Changing numbers does nothing than provide a gimmicky new system that doesn’t fix or even improve any actual issues with a system.

    It just simply doesn’t matter how cards/comics are graded. Should we switch everything to the meat grading scale because more people eat meat? Sports aren’t scored the same, Olympic events have different perfect scores etc. It’s a weak gimmicky argument that it should be the same.

    It does make me laugh though the idea of a business model of hey let’s alienate and chase away the majority/vast majority because it could get a few new people lol.
     
    Joel Turner, Kasia and Santinidollar like this.
  15. -jeffB

    -jeffB Greshams LEO Supporter

    Can we agree that that particular failure wouldn't have happened without both root causes (use of incompatible measurement systems and systemic sloppiness)?
     
  16. baseball21

    baseball21 Well-Known Member

    We simply dont know what else actually went wrong and they will never tell it. The other failures and the culture of ignoring risks that ultimate lot a space shuttle not that long after would point to that it could have happened anyways. There was an easy scapegoat to blame for it and they took it.

    If anything JPL should have been using US measurements for calculations, but again if the "smartest people" on the planet who are trying to send something to Mars cannot figure out a simple way to confirm and show conversions than that is nothing more than a systematic failure of sloppiness
     
  17. Hommer

    Hommer Curator of Semi Precious Coinage

    We should all strive for this.
     
    -jeffB likes this.
  18. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    lol dayum unprepared for work was he... its a waste...
     
  19. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    It seems like many folks are still thinking this is a different grading method. It's not. It's the same wear-based grading scale we have now, it's only the number reported that changes. Each step up in the grading scale 1-70 is still a step up in the grading scale 1.0-10.0.

    Not that I'm advocating for this new methodology, but some of the arguments I'm reading here against it just don't hold water. Fundamentally everyone understands a 10 point scale where there is a "perfect 10". We have 10 fingers. This concept is more ingrained into our culture than a 70 point scale is.

    And some of these arguments read like how can 70 be perfect when we all know a 70 is a C on the 100 point grading scale? Something everyone knows from school. Where also are the complaints that the steps in the Sheldon scale skip over tons of grades that aren't actually used. Where are the 21s, 22s, 23s, and 24s for example? Where are the 56s, 57s, and 59s? What's the point of skipping over numbers when they aren't actually used for anything? Well that's what this scale does.

    Instead of going AU 50, AU 53, AU 55, AU 58 it goes AU 8.0, AU 8.3, AU 8.5, AU 8.8. It's the same grade steps, they've just eliminated all the unused numbers and added decimals. So before think of AU as being 50 + 0, 3, 5, or 8. Now it's 8 + 0.0, 0.3, 0.5, or 0.8. MS 70 is now 10. MS 60 is now 9.0 and the MS steps are each 0.1 points instead of 1 point. They haven't changed grading at all they have just repackaged it.
     
    Mr. Numismatist likes this.
  20. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Yes, a 10-point (subdivided in to 100-point) scale does seem more rational.

    However, after decades of the market using the 70-point Sheldon Scale, I think it's too late to reinvent the wheel.

    So I say bah, humbug, get off my lawn.

    But hey, I could be (and have been) proven wrong before. Time will tell, eh?

    Side note: did anybody else find that movie-trailer-esque YouTube clip with its overdramatic music annoying? No? Just me?
     
    kaosleeroy108 likes this.
  21. Lehigh96

    Lehigh96 Toning Enthusiast

    Well, I finally got myself an NGCX, it was a part of a 12 coin lot I got for $6 per coin. Over a year later, and they still haven't figured out how to let these coins in the NGC Registry, just pathetic.

    [​IMG]
    [​IMG]
     
    Pickin and Grinin and -jeffB like this.
Draft saved Draft deleted

Share This Page