Message:

<p>[QUOTE=&quot;GDJMSP, post: 1043033, member: 112&quot;]For generations now it has been the practice that problem coins are considered ungradeable. There&#039;s a reason for that - and your questions are that reason. </p><p><br /></p><p>You see, when you assign a grade to a coin you first have to go through a process to figure out just what that grade should be. And you do that by following grading standards. But there are no grading standards for problem coins and that is why they are ungradeable. So there is no answer to the question - how many points should I deduct ? </p><p><br /></p><p>Now some people will tell you that coins are not graded anyway, they are priced. So with problem coins you don&#039;t deduct points, you deduct dollars. But how many dollars you deduct varies widely from collector to collector. You can take any problem coin you want, offer it for sale. And what you will get is offers all over the map. In fact, many collectors would make no offer at all - they wouldn&#039;t even take the coin if you offered it to them for free ! And for this reason there is no set amount of dollars you can deduct either.</p><p><br /></p><p>The only person who can set a price on a problem coin is the person buying it. But then that price only has any meaning to them and to them alone.</p><p><br /></p><p>And that of course brings us right back to where I started - problem coins are ungradeable.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in