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<p>[QUOTE=&quot;GDJMSP, post: 70062, member: 112&quot;]Midas let me ask you a question - do you or don&#039;t you agree that not all MS64 graded coins are equal ? Forget about computer grading for a minute - let&#039;s just deal with what we actually have - instead of what we wish we had.</p><p><br /></p><p>The MS64 grade is arbitrary - it could be MS65 or AU58 - it doesn&#039;t really matter. And the question assumes that we are talking about the same given coin in each case graded by the same company. </p><p><br /></p><p>The purpose of this question is not to determine the differences between grading companies. The purpose of the question, and the discussion in general, is to help explain to those who don&#039;t know.</p><p><br /></p><p>Now I am going to assume, based on what I know of your knowledge and experience, that you would answer - they are not all equal. </p><p><br /></p><p>Now - that answer creates another question - why not ? It&#039;s a fair question, but one that is hard to answer in any other way than to say that there are high end 64&#039;s and low end 64&#039;s - grades within grades if you will. </p><p><br /></p><p>But let me ask the question in a different way - are all examples of a given coin graded as MS64, by the same company - worth the same amount of money ? </p><p><br /></p><p>It&#039;s the same question really, just worded differently. But almost without exception collectors are going to answer - no they are not. Why not ? For the same reason. </p><p><br /></p><p>But what creates these grades within grades - what causes one coin to be high end and the other low end ? It can be several things - one coin may have one less mark in a prime focal area. It may have slightly better luster or better eye appeal. Or one coin may be pleasingly toned and the other not so pleasingly toned. Or one coin may have a slightly better strike than the other.</p><p><br /></p><p>All of these things play a part in determining high end - from low end. Wouldn&#039;t you agree ?[/QUOTE]</p><p><br /></p>

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