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<p>[QUOTE=&quot;Insider, post: 24867895, member: 24314&quot;]eddiespin, posted: &quot;Well of course they’re cheating! [<i><span style="color: #ff0000">Who exactly is cheating?&nbsp; If </span><b><span style="color: #0000ff">everyone except you </span></b><span style="color: #ff0000">believes it is OK to win a pot from you using five aces, is that cheating?</span></i><span style="color: #ff0000">] </span> What do you think market grading is? [<i><span style="color: #ff0000">I think market grading is a sham; however, a &quot;market grader&quot; just gave me his definition: &quot;</span><span style="color: #0000ff"><b>What the coin is worth when properly graded to commercial market standards&quot;</b></span></i>].&nbsp; It gives it to them on a silver platter, touchy-feely. Is it a pretty boy? Hell yeah it is, every bit! AU58 becomes MS64, just like that! Eye appeal, whose eyeballs determine that? [<i><span style="color: #ff0000">Easy, anyone who looks at the coin - </span><b><span style="color: #0000ff">even you!</span></b></i>] Oh, but we’ve standards! Go on. Their market, there’s the only standard. [<i><span style="color: #ff0000">Yep, dem&#039;s what buys and sells da coins makes da market</span></i>] Market grading is bullshit. <b><font size="5"><span style="color: #0000ff">“Complicated,” what are you, dreaming?</span></font></b> [<b><i><font size="4"><span style="color: #ff0000">No, I&#039;m not dreaming. </span></font></i></b> <i><span style="color: #ff0000">Commercial grading is complicated because you must take the coin&#039;s value into consideration.&nbsp; I&#039;m guessing out of ignorance that you are unaware that grades become more conservative at the points where prices jump.</span> <span style="color: #ff0000">Do you have any idea what the actual TPGS grade would be assigned to a DMPL 1901 Morgan dollar that looked like an MS-65 DMPL 80-S?&nbsp; I don&#039;t either because that coin may not exist.&nbsp; But if one shows up the guys you are calling cheaters would know how to grade it</span>.</i>]&nbsp; What’s rather complicated is guessing what they think is pretty. [<i><span style="color: #ff0000">Actually eddiespin, acquiring a taste for attractiveness and learning what is attractive to the majority of knowledgeably collectors is quite easy with a little study UNLESS a person is color blind.</span></i>]&nbsp; </p><p><br /></p><p>I agree with JA, they’re all over the place by now. [<i><span style="color: #ff0000">Yep, after many millions of coins graded over the past fifty years of changing market conditions and &quot;standards&quot; they are all over the place.&nbsp; I&#039;ve told the story of TPGS Proof Franklins I bought in the late 80&#039;s for my teaching set going up three grades from back then SO FAR.</span></i>] But don’t tell me market grading is complicated. In PCGS’s own words, it’s “[a] numerical grade that matches the grade at which a particular coin generally is traded in the marketplace. <i>The grading standard used by PCGS</i>.” So tracking the market they think a beautiful AU58 could trade at MS64, guess what, it’s MS64. A scratch on an SVDB gets a pass. <b><font size="5"><span style="color: #0000ff">Oh, but you do it different. Well good for you. So do I. So does everyone, here.</span></font></b> [<i><span style="color: #ff0000"><b>Gotcha</b>!&nbsp; That&#039;s because market grading is <b>COMPLICATED</b>!&nbsp; We are not in the market so have no clue to actual coin prices except what we can surmise from price guides.</span></i>] It’s what their market will shell out for, there’s the definition. And they’ve their finger on the pulse.&quot;[/QUOTE]</p><p><br /></p>

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