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<p>[QUOTE="dougsmit, post: 2448739, member: 19463"]I'm sorry I was unable to express myself clearly. By 'unique types' I meant coin designs that have survived as only one specimen. Many specialists have a coin or two in this category and many that survive in small enough numbers that it is unlikely the two NGC graders would have ever touched one. Certainly their general expertise would make their opinion 99.9% valid but it is hardly like a series where every die ever used has been studied and recorded. I was not saying that it would be an easy task to be a 'guarantee worthy' expert on US coins but only that it would be a thousand times (million?) harder to have that same level of familiarity with all the ancients. NGC does limit itself by not grading some groups of coins (Cast, most Indian for example) but even just Greek and Roman is a huge area of study that simply is not going to fit in a single lifetime. I am amazed at how good a job some of the better numismatists do in only fifty years or so of hard work. </p><p><br /></p><p>I would love to know how many different types and how many specimens of each pass through the coin trade in any given time period. I wonder how often a dealer with 25 years experience sees a coin that has not crossed his path before. Of course a lot of that number depends on just how exact a match you require to be called 'same'. </p><p><br /></p><p><br /></p><p><br /></p><p>This is an extremely good point. Thank you for bringing it out.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2448739, member: 19463"]I'm sorry I was unable to express myself clearly. By 'unique types' I meant coin designs that have survived as only one specimen. Many specialists have a coin or two in this category and many that survive in small enough numbers that it is unlikely the two NGC graders would have ever touched one. Certainly their general expertise would make their opinion 99.9% valid but it is hardly like a series where every die ever used has been studied and recorded. I was not saying that it would be an easy task to be a 'guarantee worthy' expert on US coins but only that it would be a thousand times (million?) harder to have that same level of familiarity with all the ancients. NGC does limit itself by not grading some groups of coins (Cast, most Indian for example) but even just Greek and Roman is a huge area of study that simply is not going to fit in a single lifetime. I am amazed at how good a job some of the better numismatists do in only fifty years or so of hard work. I would love to know how many different types and how many specimens of each pass through the coin trade in any given time period. I wonder how often a dealer with 25 years experience sees a coin that has not crossed his path before. Of course a lot of that number depends on just how exact a match you require to be called 'same'. This is an extremely good point. Thank you for bringing it out.[/QUOTE]
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