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<p>[QUOTE="jerryb, post: 595451, member: 16838"]<b>I have to agree....</b></p><p><br /></p><p>I've been a coin dealer for over 50 years during the pre-slab days. Grading is, and always will be, subjective to the individual looking at the coin. There is NO person on earth that can CONSISTENTLY tell the difference between a AU55/58 coin or a MS61/62 coin. Even the old (I believe it was CompuServe) laser grading attempt failed to be consistent. Even tho the 70 point system is a help in the biz it isn't absolute. Imagine a system of only 2 grades - circ/unc. There would still be errors in grading.</p><p> </p><p>I remember new dealers starting off in the 60's and 70's that showed up with coins you had to wear sunglasses to view. You old timers remember the ole' baking soda polished coins that usually were highly overgraded because they looked so good to the uninformed. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" /></p><p> </p><p>Usually those dealers disappeared after 2-3 shows when they went home with little or no sales.</p><p> </p><p>I always tried to be fair in grading and always listened when someone objected to a grade. That's an experience a seller has that cannot be taught in any book.</p><p> </p><p>It's an amazing hobby and business (for dealers) that has lots of potholes along the way. To me slabs are nice for coin conservation - but NOT absolute on grading even if it says PCGS, NGC, NACGS or ANACS on the slab.</p><p> </p><p>Buy what your eyes tell your mind is what you want and at a price you are willing to pay. It's that simple.</p><p> </p><p>Enjoy your hobby and the friends you have made along the way. :smile[/QUOTE]</p><p><br /></p>
[QUOTE="jerryb, post: 595451, member: 16838"][b]I have to agree....[/b] I've been a coin dealer for over 50 years during the pre-slab days. Grading is, and always will be, subjective to the individual looking at the coin. There is NO person on earth that can CONSISTENTLY tell the difference between a AU55/58 coin or a MS61/62 coin. Even the old (I believe it was CompuServe) laser grading attempt failed to be consistent. Even tho the 70 point system is a help in the biz it isn't absolute. Imagine a system of only 2 grades - circ/unc. There would still be errors in grading. I remember new dealers starting off in the 60's and 70's that showed up with coins you had to wear sunglasses to view. You old timers remember the ole' baking soda polished coins that usually were highly overgraded because they looked so good to the uninformed. :mad: Usually those dealers disappeared after 2-3 shows when they went home with little or no sales. I always tried to be fair in grading and always listened when someone objected to a grade. That's an experience a seller has that cannot be taught in any book. It's an amazing hobby and business (for dealers) that has lots of potholes along the way. To me slabs are nice for coin conservation - but NOT absolute on grading even if it says PCGS, NGC, NACGS or ANACS on the slab. Buy what your eyes tell your mind is what you want and at a price you are willing to pay. It's that simple. Enjoy your hobby and the friends you have made along the way. :smile[/QUOTE]
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