Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Define Market Grading
>
Reply to Thread
Message:
<p>[QUOTE="imrich, post: 2015610, member: 22331"]I will try for brevity in my post, as this software has deleted past copious/voluminous posts.</p><p><br /></p><p>I trust you'll pardon my position as "Devils Advocate", which I enjoy.</p><p><br /></p><p>I cited in the "Upcoming episode ...." thread, two examples of "disparity (market/value?) grading". One of those was a 1924-D Standing Liberty quarter assigned a grade of MS67 by one of the acknowledged premier grading firms.</p><p><br /></p><p>I stated my experience with others in determining the relative value of the 1924-D coin. Dealers assigning a low grade as VG-F.</p><p><br /></p><p>I expect that in the future since there aren't published concise objective standards, disagreement between "premier" TPG, and laymen are now determining the value, that eventually a jury of "laymen" will establish damages to clients of the numismatic "industry".</p><p><br /></p><p>That 1924-D coin in published documents has a MS67 value of $3500. $130 in Fine condition.</p><p>If it was determined to be "Full Head", a stated value of $45000. If it was determined to be a + grade, as I believe it to be, an increased value of ~70%, to have an ~ value of $75000.</p><p><br /></p><p>If a jury of "laymen" can be convinced by "comparable grading", of the elevated value, the real and punitive damages on this singular coin could be appreciable.</p><p><br /></p><p>Are there appreciable damages effected by "Market/Value" grading practices?</p><p><br /></p><p>I rest my case to a jury of believed peers.[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2015610, member: 22331"]I will try for brevity in my post, as this software has deleted past copious/voluminous posts. I trust you'll pardon my position as "Devils Advocate", which I enjoy. I cited in the "Upcoming episode ...." thread, two examples of "disparity (market/value?) grading". One of those was a 1924-D Standing Liberty quarter assigned a grade of MS67 by one of the acknowledged premier grading firms. I stated my experience with others in determining the relative value of the 1924-D coin. Dealers assigning a low grade as VG-F. I expect that in the future since there aren't published concise objective standards, disagreement between "premier" TPG, and laymen are now determining the value, that eventually a jury of "laymen" will establish damages to clients of the numismatic "industry". That 1924-D coin in published documents has a MS67 value of $3500. $130 in Fine condition. If it was determined to be "Full Head", a stated value of $45000. If it was determined to be a + grade, as I believe it to be, an increased value of ~70%, to have an ~ value of $75000. If a jury of "laymen" can be convinced by "comparable grading", of the elevated value, the real and punitive damages on this singular coin could be appreciable. Are there appreciable damages effected by "Market/Value" grading practices? I rest my case to a jury of believed peers.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Define Market Grading
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...