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A 1799 Bust Dollar - An Example of How Grading Standards Change
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<p>[QUOTE="twoshadows, post: 3437530, member: 102135"]Is it just me or have I seen a lot of leniency on grading when it comes to early U.S issues in the past 20 years? I have an 1898 that I would grade and sell at Fine (if I was selling) but feel it would fall in a low Very Fine at today's grading standards. The difference in prices would be from a low of $1,450 to $2,400 which is quite a jump between grades. When looking at current Ebay pricing many similar coins seem to be offered at around $1,800? Buying or selling these older issues seems to be more on what you can get than what it is really worth? </p><p>I have always been very conservative when grading, especially my own coins, and I see the other side of the issue when folks come in with coins they have way over graded thinking that's all it takes to get that difference in prices. I try to explain that grading is very subjective and the only way to be sure is to send it in and let the 3rd party pros grade and authenticate their coins. If they can trust them then I will trust them! Very few agree to send in coins for grading.[/QUOTE]</p><p><br /></p>
[QUOTE="twoshadows, post: 3437530, member: 102135"]Is it just me or have I seen a lot of leniency on grading when it comes to early U.S issues in the past 20 years? I have an 1898 that I would grade and sell at Fine (if I was selling) but feel it would fall in a low Very Fine at today's grading standards. The difference in prices would be from a low of $1,450 to $2,400 which is quite a jump between grades. When looking at current Ebay pricing many similar coins seem to be offered at around $1,800? Buying or selling these older issues seems to be more on what you can get than what it is really worth? I have always been very conservative when grading, especially my own coins, and I see the other side of the issue when folks come in with coins they have way over graded thinking that's all it takes to get that difference in prices. I try to explain that grading is very subjective and the only way to be sure is to send it in and let the 3rd party pros grade and authenticate their coins. If they can trust them then I will trust them! Very few agree to send in coins for grading.[/QUOTE]
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A 1799 Bust Dollar - An Example of How Grading Standards Change
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