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Can we trust current slab coins?.
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<p>[QUOTE="GDJMSP, post: 690476, member: 112"]No, pretty much everything is part of the grading standard.</p><p><br /></p><p><br /></p><p><br /></p><p>Absolutely. But out of 10 people 5 might find one preferable for this reason, and the other 5 might find the other coin preferable for a different reason. It depends on what is most important to each person.</p><p><br /></p><p>Some people don't understand this because they think that all coins of the same grade are equal. Well, they aren't. But there is more to it than that.</p><p><br /></p><p>Coins are assigned a given grade based on several criteria - planchet quality, contact marks and their location, hairlines, luster, eye appeal and quality of strike. </p><p><br /></p><p>Now say you have 2 Morgan dollars of the same date and mint and both are graded MS65 by the same TPG. One could have fewer contact marks but better luster than the other. One could have a better strike but fewer contact marks. One could have better eye appeal but more hairlines. But both coins are assigned the same grade.</p><p><br /></p><p>So it depends on what aspect of the grading criteria is more important to the person buying the coin for him to decide which one he likes the best.</p><p><br /></p><p>Then of course you also have to realize that there are basically 3 grades within each grade. You have just barely made it, solid for the grade or average, and you have almost 1 grade higher but not quite. So if you are choosing from 3 coins all graded the same, which one would you choose and why ? Again, it comes back to what is more important to you.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 690476, member: 112"]No, pretty much everything is part of the grading standard. Absolutely. But out of 10 people 5 might find one preferable for this reason, and the other 5 might find the other coin preferable for a different reason. It depends on what is most important to each person. Some people don't understand this because they think that all coins of the same grade are equal. Well, they aren't. But there is more to it than that. Coins are assigned a given grade based on several criteria - planchet quality, contact marks and their location, hairlines, luster, eye appeal and quality of strike. Now say you have 2 Morgan dollars of the same date and mint and both are graded MS65 by the same TPG. One could have fewer contact marks but better luster than the other. One could have a better strike but fewer contact marks. One could have better eye appeal but more hairlines. But both coins are assigned the same grade. So it depends on what aspect of the grading criteria is more important to the person buying the coin for him to decide which one he likes the best. Then of course you also have to realize that there are basically 3 grades within each grade. You have just barely made it, solid for the grade or average, and you have almost 1 grade higher but not quite. So if you are choosing from 3 coins all graded the same, which one would you choose and why ? Again, it comes back to what is more important to you.[/QUOTE]
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Can we trust current slab coins?.
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