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<p>[QUOTE=&quot;mrbrklyn, post: 443695, member: 4381&quot;]I&#039;m not saying that the graders are purposefully defrauding the public.&nbsp; I&#039;m saying that the results are NOT reproducible.&nbsp; Your a scientist.&nbsp; You understand this concept.&nbsp; You know, like Fleischmann and Pons.&nbsp; The results can&#039;t be, what in the Pharmaceutic business is called Validated.&nbsp; And you can&#039;t do quality assurance until you can Validate a process.</p><p><br /></p><p>What I&#039;m saying is that they readily admit that they can&#039;t reproduce their grades with precision at all grade levels for a significant portion of coins, and more so with the 69 and 70&#039;s where they have virtually no shot since the grading definitions for a 70 are nearly undefined.&nbsp; They&#039;ll TELL you if you speak to them, &quot;We could have graded that one a 70 or this one a 69 but at the time we felt otherwise&quot;.&nbsp; And your WRONG.&nbsp; If you submitted your Jefferson 10,000 times, it will come back MS 70 probably a dozen times.&nbsp; But even more to the point, people resubmit their coins and argue with them all the time, and Low and Behold, they often can change their mind.</p><p><br /></p><p>What they&#039;ve defined as the difference between 69 and 70 is so minuscule that it can&#039;t be humanly accessed.&nbsp; In fact, the grade of 70 was designed to never be reached.&nbsp; It was a theoretically perfect coin.</p><p><br /></p><p>And I&#039;m also saying this, any flaw in a coin that can not be seen with a naked eye is considered NOT GRADEABLE CRITERIA.</p><p><br /></p><p>Lastly, in the 1 in billion (or 100 billion shot) shot that a coin might be actually perfect when compared to the theoretical, that difference is so minuscule to high end 69&#039;s that valuing a 20 dollar coin to $5000 is completely bubble economics.&nbsp; And if you sneeze on that coin --- opps, 5k down the tube.&nbsp; Or if the coin tones, tarnishes, gets a sliding scratch etc etc.&nbsp; Kiss it all good-bye.&nbsp; And people actually send these 70 graded pieces THROUGH THE MAIL.&nbsp; Have you ever seen what UPS, Fedex and the Postal Service does to its packages.</p><p><br /></p><p>Yeah - I believe in 70 grades like I believe in the tooth fairy.&nbsp; And most of the graders, while they hate to admit it, when pressed on the actually facts, they agree.</p><p><br /></p><p><br /></p><p>What I&#039;m saying is if I crack open 500 70 cases, not even 10% are likely to come back again as 70, and granted, that is a significant percentage over the bulk of coins.</p><p><br /></p><p>But most importantly, I&#039;m saying that I don&#039;t believe that the differential in a grading services opinion, between a 69 and 70 is worth 50 TIMES the price of a 69, not only for all the reasons I stated:</p><p><br /></p><p>A) They can&#039;t repeat their results</p><p>B) The standard was designed to be never reached</p><p>C) The coins travel and live in real time</p><p>D) That the graders admit that they are dancing on the head of a pin with a 70 grade</p><p>E) A 70 if it exists has an very short half-life</p><p>F) The inability of repeating results means the results are INVALID</p><p><br /></p><p>but also it&#039;s tossing a lot of money on a bad supposition and your better off playing roulette at Atlantic City because then you at least KNOW the odds are against you.</p><p><br /></p><p>And frankly they are better odds.</p><p><br /></p><p>Ruben[/QUOTE]</p><p><br /></p>

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