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<p>[QUOTE="GDJMSP, post: 470675, member: 112"]I agree with you about the toned coins 100%. Also agree that it is the market that changed regarding toned coins, the TPG's have merely reacted to this and rightly so.</p><p><br /></p><p>But my initial comment was in regard to the value aspect of market grading only. Point being - as the value of a coin in a given grade increases - so does the grade. Example - in 2004 let's say a given coin is graded as a 65 and sells for $400. IN 2008, that same coin now sells for $550, thus the grade increases to 66.</p><p><br /></p><p>And yes, it is the market grading system that is being used. However, there is more than one aspect of market grading that differentiates it from technical grading. Neither luster, eye appeal, quality of strike nor value are considered in technical grading. So what I am trying to point out is that the <u>apparently recent changes in TPG grading standards are due to value only</u> and that the other aspects of the TPG grading standards have not changed or loosened at all - IMO.</p><p><br /></p><p>In other words I am saying that only recently has the change in value had any significant impact on the assigned grades. In years past, a change in value was largely ignored and the coins were graded on the basis of marks, luster, eye appeal & quality of strike. That is no longer the case.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 470675, member: 112"]I agree with you about the toned coins 100%. Also agree that it is the market that changed regarding toned coins, the TPG's have merely reacted to this and rightly so. But my initial comment was in regard to the value aspect of market grading only. Point being - as the value of a coin in a given grade increases - so does the grade. Example - in 2004 let's say a given coin is graded as a 65 and sells for $400. IN 2008, that same coin now sells for $550, thus the grade increases to 66. And yes, it is the market grading system that is being used. However, there is more than one aspect of market grading that differentiates it from technical grading. Neither luster, eye appeal, quality of strike nor value are considered in technical grading. So what I am trying to point out is that the [U]apparently recent changes in TPG grading standards are due to value only[/U] and that the other aspects of the TPG grading standards have not changed or loosened at all - IMO. In other words I am saying that only recently has the change in value had any significant impact on the assigned grades. In years past, a change in value was largely ignored and the coins were graded on the basis of marks, luster, eye appeal & quality of strike. That is no longer the case.[/QUOTE]
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another ugly MS66 Morgan
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