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Distinguishing Between "Condition" and "Grade."
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<p>[QUOTE="Bob Evancho, post: 3292942, member: 84595"]Like coin GRADING, definitions are subjective to the person making them. To me, CONDITION of a coin is entirely different from GRADING a coin. CONDITION to me means the physical state of the coin. Does it have a bag mark, does it have two or more bag marks, does it have a rim nick, does it have two or more rim nicks, is it corroded, was it run over by a truck or a car and has the scratches to prove it, does it have a hole in it, does it have two or more holes in it, was it made into a ring, and a host of other defects done to the coin. GRADING to me is it's state of PRESERVATION. GRADING standards are subjective. But state of preservation is reliable if everyone followed a standard. Using the numerical standard, MS70 is perfect as sharply struck with centered planchet, uniform pressure to bring up all details, not a mark on it. This coin would have been put away with gloved hands into an inert container and never been contaminated with anything. On the other hand an MS60 state of preservation, still uncirculated but it exited the coining press and fell into a bin with other coins falling onto it and imparting reeded edge scratches or marks all over the coin, Its raised parts, its field any area that could be struck by another coin. When does CONDITION take over to DE-GRADE a coin. Any coin from MS 69 on down to Poor 1 has a CONDITION problem affecting its GRADE. So to me CONDITION and GRADE are two separate aspects of EYE APPEAL. Knowledgeable coin collectors buy the book before you buy the coin and buy the coin not the holder. This is just my opinion on separate aspects of CONDITION versus GRADE.[/QUOTE]</p><p><br /></p>
[QUOTE="Bob Evancho, post: 3292942, member: 84595"]Like coin GRADING, definitions are subjective to the person making them. To me, CONDITION of a coin is entirely different from GRADING a coin. CONDITION to me means the physical state of the coin. Does it have a bag mark, does it have two or more bag marks, does it have a rim nick, does it have two or more rim nicks, is it corroded, was it run over by a truck or a car and has the scratches to prove it, does it have a hole in it, does it have two or more holes in it, was it made into a ring, and a host of other defects done to the coin. GRADING to me is it's state of PRESERVATION. GRADING standards are subjective. But state of preservation is reliable if everyone followed a standard. Using the numerical standard, MS70 is perfect as sharply struck with centered planchet, uniform pressure to bring up all details, not a mark on it. This coin would have been put away with gloved hands into an inert container and never been contaminated with anything. On the other hand an MS60 state of preservation, still uncirculated but it exited the coining press and fell into a bin with other coins falling onto it and imparting reeded edge scratches or marks all over the coin, Its raised parts, its field any area that could be struck by another coin. When does CONDITION take over to DE-GRADE a coin. Any coin from MS 69 on down to Poor 1 has a CONDITION problem affecting its GRADE. So to me CONDITION and GRADE are two separate aspects of EYE APPEAL. Knowledgeable coin collectors buy the book before you buy the coin and buy the coin not the holder. This is just my opinion on separate aspects of CONDITION versus GRADE.[/QUOTE]
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