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<p>[QUOTE="Marshall, post: 7874842, member: 21705"]And both would be wrong in my opinion. The Technical Grade should be higher than AU-50 and then the discoloration noted. How you treat the discoloration is HUGE. Is it early verdigris (thus a body bag) or impurity in the copper planchet (thus a Grade)? TPGs often split the baby by lowering the Grade below technical merits in order to NET the value. </p><p><br /></p><p>To me as an EAC member (or former member depending on finances), I like to keep technical merits and value considerations separate. I have no problem with a AU58 technical grade and ANY reduction to approximate the market value as a Net Grade. In your example, the new owner's AU50 was what the TPG considered it's value in order to insure value. SO I would call it AU50 [Net] (AU58 Details).</p><p><br /></p><p>The TPG just calls it AU50 GRADED. And calls an unwillingness to insure Value either Detail (always below Technical Wear) or gives it a body bag.</p><p><br /></p><p>It is what it is, but it's more confusing than it should be because of different meanings and usage of the same terms.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 7874842, member: 21705"]And both would be wrong in my opinion. The Technical Grade should be higher than AU-50 and then the discoloration noted. How you treat the discoloration is HUGE. Is it early verdigris (thus a body bag) or impurity in the copper planchet (thus a Grade)? TPGs often split the baby by lowering the Grade below technical merits in order to NET the value. To me as an EAC member (or former member depending on finances), I like to keep technical merits and value considerations separate. I have no problem with a AU58 technical grade and ANY reduction to approximate the market value as a Net Grade. In your example, the new owner's AU50 was what the TPG considered it's value in order to insure value. SO I would call it AU50 [Net] (AU58 Details). The TPG just calls it AU50 GRADED. And calls an unwillingness to insure Value either Detail (always below Technical Wear) or gives it a body bag. It is what it is, but it's more confusing than it should be because of different meanings and usage of the same terms.[/QUOTE]
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