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Case Study: 1938-S PCGS MS68+ "FB" Dime $364,250 - Everything that is Wrong with Our Hobby
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<p>[QUOTE="ddddd, post: 3601958, member: 22377"]It was common in terms of the 67 grade (meaning there are plenty of 67 Mercury Dimes compared to the uncommon sight of a 68+). The star makes it less common, but we have all also seen plenty of stars that are baffling (very small amount of color for instance). I’ve even seen plus star combos that were ok at best. </p><p><br /></p><p>Also if they look at coins and just rank them, why does it take until at least the third attempt to rank it as the highest example? Does each grader/finalizer have their own standard for ranking (if so, how does that mesh with the PCGS or NGC company standard)? And what happens if a better example comes up? Does it deserve a 69 or even a 70? When we get to 70, does that mean no coin can ever outrank the 70, even if it is superior?</p><p><br /></p><p>The other aspect is CAC. Their standard has been to sticker coins that are solid (A or B) for the grade. If this coin was “high end MS67/ low end MS68“ then why was it stickered as both a 67+ and a 68+ (and maybe not even stickered as an NGC 67 star-although that part would be speculation as we cannot confirm it)?</p><p>Is CAC also ranking coins? If so, doesn’t that conflict with their established standards? </p><p><br /></p><p>Another question: if the standard is as you say with the ranking system, why don’t the TPGs publish that info?[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 3601958, member: 22377"]It was common in terms of the 67 grade (meaning there are plenty of 67 Mercury Dimes compared to the uncommon sight of a 68+). The star makes it less common, but we have all also seen plenty of stars that are baffling (very small amount of color for instance). I’ve even seen plus star combos that were ok at best. Also if they look at coins and just rank them, why does it take until at least the third attempt to rank it as the highest example? Does each grader/finalizer have their own standard for ranking (if so, how does that mesh with the PCGS or NGC company standard)? And what happens if a better example comes up? Does it deserve a 69 or even a 70? When we get to 70, does that mean no coin can ever outrank the 70, even if it is superior? The other aspect is CAC. Their standard has been to sticker coins that are solid (A or B) for the grade. If this coin was “high end MS67/ low end MS68“ then why was it stickered as both a 67+ and a 68+ (and maybe not even stickered as an NGC 67 star-although that part would be speculation as we cannot confirm it)? Is CAC also ranking coins? If so, doesn’t that conflict with their established standards? Another question: if the standard is as you say with the ranking system, why don’t the TPGs publish that info?[/QUOTE]
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Case Study: 1938-S PCGS MS68+ "FB" Dime $364,250 - Everything that is Wrong with Our Hobby
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