Your post seems to imply that this is something new eddie - it isn't. It's been that way for over 20 years.
I know that, Doug...and, if I ever had any doubt, I learned it, principally, from your posts...but, it's more prominent, now. And, the distinction between wear from circulation, and wear from cabinet friction, or what-have-you, is still arbitrary...IMHO.
No, that's what they call grading. because things like that DO happen. I didn't "miss" anything about Market Grading. I know it exists, I know that that is the kind of grading the TPG's do. And I can even see paying MS-63 money for a choice AU coin if it is a really nice eye appealing coin. But paying MS-63 money for the coin does not make it a MS-63 coin except in the world of plastic. It is still an AU coin.
For a typical AU coin vs a typical MS-63 coin it would be foolish to pay MS-63 money for a typical AU . But some people are willing to pay a premium for an AU-58 that looks like a MS-65 in every way but some slight wear where you have to look twice to even see the wear . We might not agree with it or like it but that's where grading is right now , hopefilly it will change in the future when more people question the tpgs grades . rzage
look at the badge which says winner number one at the start of the thread. now quit stalling and hand me my morgan
I know this was posted a long time ago (Sept 2008) but I have been searching for the "PCGS Grading Standards" referred to above and referenced several times in the thread. I have found the short one sentence PCGS description of each grade on the Sheldon Scale but the above seems to indicate a much more detailed PCGS Grading Manual. Is it an 'inside, need to know manual' or is it in a PCGS book such as "PCGS Grading and Counterfeit Detection"? This is my first post, trying to figure out how to use the forum, hope I did this right.
Also, I was trying to be careful of wear to post my first question and I am guessing a seven year old thread was not the best place. Most of my interest will be towards U.S. coins (Morgan's through Franklins) and grading of U.S. coins, where would you recommend?
Both of these books - http://www.amazon.com/Official-Standards-American-Numismatic-Association/dp/0794838243 http://www.amazon.com/Official-Guid...ywords=coin+grading+and+counterfeit+detection
Very good thread. I'll have lots to add sometime later. For now, IMO Grading Coins by Photographs by Bowers is the best book on grading at the moment. Many photos in the ANA guide are obsolete because grading has evolved and become more liberal since its publication. Important: Read the introduction to the ANA book and the Bowers book - you will learn a lot quickly. Making the Grade should be in your library also if you wish for more photos. You cannot have enough books. PCGS has a good photo gallery on their site. I keep it open when I am at work. Join the ANA and borrow a copy of J.P Martin's grading tape. The tape on coin toning by R. Campbell is also a good start.
When it comes to grading coins, using pictures for comparison purposes is worse than worthless - I would even say it is harmful. Pictures in grading books, ALL grading books, should be ignored. Do your grading based on the written criteria.
Sorry GDJMSP but I have become troubled/confused by some of your opinions (obvious roller marks and now pictures for grading). I don't wish to get into a discussion of our experience as I will surrender right now; however, I am beginning to understand why many well-known professional numismatists do not wish to bother with coin forums. Unfortunately, they don't know the fun they are missing. I wish every famous professional grader/dealer could be here to add their opinions and educate us. It's truly a shame they don't join in because from what I have read (going back years of posts) in the last few weeks you personally have posted so much helpful information (as they could have too) that the ANA should bring you out to teach at a Summer Seminar. Guess that is why you are the moderator. And...its a good bet that you know more about grading and authentication then I ever will...LOL. Nevertheless, don't tell us that photos are worthless! Everyone on this site comments on coins from photo's. As far as grading with written criteria (you are showing your age) - please explain to us what: "some wheat grains merge"; "only a few"; "small design elements are smooth" ;"some lines visible" on-and-on-and-on. Put away your B&D book, Red book, and Penny Whimsy. The original "Photograde" book by James Ruddy was revolutionary and a huge jump forward. All grading books are GUIDES. They do not show mint luster, hairlines, etc. They cannot replace an educated poster or moderator such as yourself around here! Please join us in the 21th Century!