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<p>[QUOTE=&quot;mikenoodle, post: 908085, member: 307&quot;]I couldn&#039;t disagree more. Market grading is <span style="color: red"><b>NOT</b></span> a good thing and here&#039;s exactly why.</p><p><br /></p><p>Things that are subjective: eye appeal, luster, and market acceptability have no place in judging the state of preservation of an object.</p><p><br /></p><p>What the major TPGs have done (and the public has applauded) is to place a grade on the slab that is reflective of the value that a coin has in the marketplace. This is not, never has been, nor will it ever be grading. That is appraising, valuing, or judging a market for a particular coin.</p><p><br /></p><p>The problem is exactly as you mention, Doug. Over time, value changes, markets change and so as you have rightly noticed, the market grades change.</p><p><br /></p><p>I have said it so many times now that my fingers hurt from typing this same thing, but the process of valuing coins is not grading!!!! It is appraisal. </p><p><br /></p><p>This is exactly what many want from a TPG. They don&#039;t want a grade, they want an approximate market value, which is reflective of the grade the TPG gives it, but only temporarily!</p><p><br /></p><p>I have seen others call it gradeflation. I have noticed grades that have indeed slid upward over time, but the coin doesn&#039;t change!!!</p><p><br /></p><p>Many collectors of items use experts in the field to appraise their items and place a &quot;market value&quot; on their item. The Antiques Road Show is an excellent example of this, but once and for all, I implore you to stop expecting market grading to be accurate as far as condition of a coin. Use it for what it is, an appraisal that is reflective of the fair market for the coin at the time it was submitted.</p><p><br /></p><p>Let&#039;s call a spade a spade, call a grade a grade, and let&#039;s call a market grade what it truly is, an appraisal. Then we won&#039;t expect it to hold over time, or even be consistent from one coin to the next.</p><p><br /></p><p>When people understand what something actually is, then they can understand how it works.[/QUOTE]</p><p><br /></p>

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