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Another grading exercise on a borderline coin--grade?
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<p>[QUOTE="GDJMSP, post: 1660299, member: 112"]Sadly, what you are saying would often be true, but it would not always be true for it would depend on the buyer. </p><p><br /></p><p>The adage buy the coin and not the slab is often repeated, but seldom understood. And in actuality it is seldom put into practice. That is because there are so very many who have too much confidence in the TPGs. They believe that if the TPG says a coin is MS whatever, then that coin is indeed that grade. That there is no mistake, that the TPG is not wrong. Every time you hear someone, or read someone, saying the "real" grade is so and so, that is one of those people. With every guess the grade thread, the determination of who was right and who was wrong is made by what the TPG says - more of those people.</p><p><br /></p><p>As a general rule there are two kinds of buyers, plastic buyers and coin buyers. Coin buyers, completely ignore the grade on the slab, regardless of what TPG put it there. They look at the coin and grade the coin themselves. And if the asking price is reasonable to them, they buy the coin. Otherwise they walk away.</p><p><br /></p><p>Plastic buyers are those who believe the TPG assigns the correct grade. That regardless of what anyone else says, or why they say and point out why the TPG is wrong, that the TPG is right. That the coin really is XX grade.</p><p><br /></p><p>And that's the sad part. Because there are far, far, more plastic buyers out there than there are coin buyers. And it is the plastic buyers who make your comments true.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1660299, member: 112"]Sadly, what you are saying would often be true, but it would not always be true for it would depend on the buyer. The adage buy the coin and not the slab is often repeated, but seldom understood. And in actuality it is seldom put into practice. That is because there are so very many who have too much confidence in the TPGs. They believe that if the TPG says a coin is MS whatever, then that coin is indeed that grade. That there is no mistake, that the TPG is not wrong. Every time you hear someone, or read someone, saying the "real" grade is so and so, that is one of those people. With every guess the grade thread, the determination of who was right and who was wrong is made by what the TPG says - more of those people. As a general rule there are two kinds of buyers, plastic buyers and coin buyers. Coin buyers, completely ignore the grade on the slab, regardless of what TPG put it there. They look at the coin and grade the coin themselves. And if the asking price is reasonable to them, they buy the coin. Otherwise they walk away. Plastic buyers are those who believe the TPG assigns the correct grade. That regardless of what anyone else says, or why they say and point out why the TPG is wrong, that the TPG is right. That the coin really is XX grade. And that's the sad part. Because there are far, far, more plastic buyers out there than there are coin buyers. And it is the plastic buyers who make your comments true.[/QUOTE]
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Another grading exercise on a borderline coin--grade?
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