Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
anyone know about NET grades?
>
Reply to Thread
Message:
<p>[QUOTE="borgovan, post: 859284, member: 13016"]I can't speak to your currency issues, but I can talk about net grading. </p><p> </p><p>This statement of yours is closest: "Also in the above case, if the NET was due to a repair ... Does that mean the AU 55 NET note would have graded higher ... perhaps CU 63 (or similar) ... but it was knocked down to an AU 55 due to the repair?"</p><p> </p><p>When I grade a coin, I'll specify the details grade (that is, the technical grade of the coin), and then I'll separately mention any issues the coin has. For instance: EF-40, harshly cleaned. This means the coin has EF-40 details left, but someone dipped the heck out of it, took Brillo to it, etc. Some people will grade this same coin, NET VG-8, for instance. This means, to this buyer, the cleaning was so bad, it dropped it from a 40 down to an 8. This is somewhat useful for market purposes; you know that you can price this coin at about a VG. </p><p> </p><p>I personally don't use net grading, because different problems worry different people. For instance, a rim bump to one fellow might knock an AU-50 coin down to a F-12 (price-wise), but someone else may not mind rim bumps, and call it a VF-30.[/QUOTE]</p><p><br /></p>
[QUOTE="borgovan, post: 859284, member: 13016"]I can't speak to your currency issues, but I can talk about net grading. This statement of yours is closest: "Also in the above case, if the NET was due to a repair ... Does that mean the AU 55 NET note would have graded higher ... perhaps CU 63 (or similar) ... but it was knocked down to an AU 55 due to the repair?" When I grade a coin, I'll specify the details grade (that is, the technical grade of the coin), and then I'll separately mention any issues the coin has. For instance: EF-40, harshly cleaned. This means the coin has EF-40 details left, but someone dipped the heck out of it, took Brillo to it, etc. Some people will grade this same coin, NET VG-8, for instance. This means, to this buyer, the cleaning was so bad, it dropped it from a 40 down to an 8. This is somewhat useful for market purposes; you know that you can price this coin at about a VG. I personally don't use net grading, because different problems worry different people. For instance, a rim bump to one fellow might knock an AU-50 coin down to a F-12 (price-wise), but someone else may not mind rim bumps, and call it a VF-30.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
anyone know about NET grades?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...