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<p>[QUOTE=&quot;basx2, post: 165744, member: 6288&quot;]Coins4me:&nbsp; Your post is on a subject that I too have not fully grasped.&nbsp; I started collecting coins in 1960.&nbsp; With the advent of grading services I became disillusioned and dropped out of the hobby.&nbsp; Now after about 30 years I found this forum and have reevaluated my original decision and am slowly re-entering the hobby.&nbsp; The one significant thing that has amazed me upon my return is the obvious reliance on the grading of coins by various services.&nbsp; It seems to me that the subjective nature of grading coins has been elevated to a quasi-science that is still based on subjective interpretation, except now you pay for it!&nbsp; I can understand the need to have a qualified opinion on the authenicity of a coin, but I struggle with why an MS-65 costs two to three times more than an MS-64? Can there be that much of a distinguishable difference to justify the price spread?</p><p>&nbsp;</p><p>It just seems to me that the hobby has in general put too much faith into an assigned grade rather than what the coin truly displays.&nbsp;&nbsp; Sorry for the rant, must of hit a nerve![/QUOTE]</p><p><br /></p>

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