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<p>[QUOTE="coppermania, post: 1731825, member: 18304"]Duke will remember HIPS....Human Impairment Post Strike. Most all coins will have HIPS in some degree or another as described to us by Jerry Bobby at Summer Seminars. Hairlines, rim dings, scratches and putty, etc, whether intentional or not. I've had a gold piece that had a small area of fine hairlines and caried a grade from PCGS MS 62 and if the same coin was slathered in hairlines it would have gone details for sure, so the coin was market acceptable to the degree of 62. Again, as we see in copper, the colors are all over the spectrum and some are acceptable to the market and some are not regardles as to whether the color is unintentional/ natural or dunked in a spicy secret sauce. To me the line of "market grading" begins at the grade/no grade line. I guess its simply put that if you can see work on a coin then it just needs more work, but thats all part of the game right, being able to see the problems and deciding value in spite of them. TPGs have to make the call if the coin in hand is gradeable or far to gone to merit a clean grade. And they have their own skin to consider and nests to feather, so they consider their position first of coarse. Once a coin is deemed gradeable, then EF, AU, MS whatever can be awarded without too much trouble, but thats another game to play...CAC</p><p><br /></p><p>I do believe that the TPGs are totally aware of what a coin would fetch at each grade level and that comes into play when it comes to their buy back guarantees and if its a ton of money they surly want the coin to merit any assigned grade. I'm not to much into conspiracys about who sends in coins making a difference or if favors get made, but then again if they can fix things like Boxing and elections, then the coin market would be easy in comparison. </p><p><br /></p><p>I guess I'm saying that to me market grading and market acceptable are the same thing....they both indicate a level of value. Great question and discussion Doug!</p><p><br /></p><p>Matt[/QUOTE]</p><p><br /></p>
[QUOTE="coppermania, post: 1731825, member: 18304"]Duke will remember HIPS....Human Impairment Post Strike. Most all coins will have HIPS in some degree or another as described to us by Jerry Bobby at Summer Seminars. Hairlines, rim dings, scratches and putty, etc, whether intentional or not. I've had a gold piece that had a small area of fine hairlines and caried a grade from PCGS MS 62 and if the same coin was slathered in hairlines it would have gone details for sure, so the coin was market acceptable to the degree of 62. Again, as we see in copper, the colors are all over the spectrum and some are acceptable to the market and some are not regardles as to whether the color is unintentional/ natural or dunked in a spicy secret sauce. To me the line of "market grading" begins at the grade/no grade line. I guess its simply put that if you can see work on a coin then it just needs more work, but thats all part of the game right, being able to see the problems and deciding value in spite of them. TPGs have to make the call if the coin in hand is gradeable or far to gone to merit a clean grade. And they have their own skin to consider and nests to feather, so they consider their position first of coarse. Once a coin is deemed gradeable, then EF, AU, MS whatever can be awarded without too much trouble, but thats another game to play...CAC I do believe that the TPGs are totally aware of what a coin would fetch at each grade level and that comes into play when it comes to their buy back guarantees and if its a ton of money they surly want the coin to merit any assigned grade. I'm not to much into conspiracys about who sends in coins making a difference or if favors get made, but then again if they can fix things like Boxing and elections, then the coin market would be easy in comparison. I guess I'm saying that to me market grading and market acceptable are the same thing....they both indicate a level of value. Great question and discussion Doug! Matt[/QUOTE]
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