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<p>[QUOTE="Bob Evancho, post: 3297976, member: 84595"]The ORIGINAL post by JCro57:</p><p>Though many feel these terms are synonymous and are used interchangeably, there is a difference between them, correct?</p><p>"Condition" refers to the <i><b>state </b></i>a coin is in: Fine, Very Good, Mint State, Extra Fine, etc.</p><p>The "Grade" refers to the numerical score out of 70 on the ANA-modified version of the Sheldon Scale.</p><p>Thus MS62 = Mint State condition, graded 62/70 on the Sheldon Scale.</p><p>The exception is a proof coin which really isn't a "condition" but a specially-prepared planchet, though they can be graded obviously (PR69).</p><p>Do I have this right? </p><p>My opinion is still the same. They are not synonymous since condition means much more than GRADE. It means the physical problems of the coin. Is the wear on a coin leading to its GRADE a physical problem? Grade doesn't cover rim nicks, holes, corrosion and a host of other problems. It only covers the amount of wear on a coin and in the case of the Big Boy TPG's the amount of marks on the coin. That is a condition. I believe all coins from 1 to 69 should be details Graded and the condition mentioned. I've said this in another post. </p><p>I also agree what the moderator has said above. If you are the right BIG BOY dealer sending a coin into the BIG BOY TPGS, you can be assured your coin will get a straight grade MS. Maybe many remember the 1888-O VAM 4 that started life as an AU-58 and after conservation and a few resubmissions became an MS-61 and if I'm in error, a 62. Look at my properly details graded SEGS AU-58 1893-s posted on page 4 of this thread and look at the PCGS pictures on the top of page 4. My coin has less obverse marks and properly noted spot on reverse rim. Although it is larger than the SPOTS on the reverse of the PCGS picture, my coin has full but uncleaned luster on the reverse and full breast feathers. I'm sure if this coin was submitted by a BIG BOY dealer to a BIG BOY TPG it could be graded MS 62 even though there is rub on the cheek. CONDITION means much more than GRADE. I'm sure those dealers and collectors like me say to buy the coin not the holder. Buy based on what you grade the coin and what you determine the condition is. BUY and collect coins by eye appeal, not what a TPG suggests. It is amazing there is 11 GRADES of MS. Look at that spot or spots. Look at those marks. I have 5 or more GRADING guides. Not 5 or more CONDITION guides. CONDITION can be liberally termed GRADE but much more including WEAR, SCRATCHES, GOUGES, RIM NICKS, and a host of other DAMAGE. OH, and my opinion is SEGS has the best holder in the industry and the best variety and error authentication.[/QUOTE]</p><p><br /></p>
[QUOTE="Bob Evancho, post: 3297976, member: 84595"]The ORIGINAL post by JCro57: Though many feel these terms are synonymous and are used interchangeably, there is a difference between them, correct? "Condition" refers to the [I][B]state [/B][/I]a coin is in: Fine, Very Good, Mint State, Extra Fine, etc. The "Grade" refers to the numerical score out of 70 on the ANA-modified version of the Sheldon Scale. Thus MS62 = Mint State condition, graded 62/70 on the Sheldon Scale. The exception is a proof coin which really isn't a "condition" but a specially-prepared planchet, though they can be graded obviously (PR69). Do I have this right? My opinion is still the same. They are not synonymous since condition means much more than GRADE. It means the physical problems of the coin. Is the wear on a coin leading to its GRADE a physical problem? Grade doesn't cover rim nicks, holes, corrosion and a host of other problems. It only covers the amount of wear on a coin and in the case of the Big Boy TPG's the amount of marks on the coin. That is a condition. I believe all coins from 1 to 69 should be details Graded and the condition mentioned. I've said this in another post. I also agree what the moderator has said above. If you are the right BIG BOY dealer sending a coin into the BIG BOY TPGS, you can be assured your coin will get a straight grade MS. Maybe many remember the 1888-O VAM 4 that started life as an AU-58 and after conservation and a few resubmissions became an MS-61 and if I'm in error, a 62. Look at my properly details graded SEGS AU-58 1893-s posted on page 4 of this thread and look at the PCGS pictures on the top of page 4. My coin has less obverse marks and properly noted spot on reverse rim. Although it is larger than the SPOTS on the reverse of the PCGS picture, my coin has full but uncleaned luster on the reverse and full breast feathers. I'm sure if this coin was submitted by a BIG BOY dealer to a BIG BOY TPG it could be graded MS 62 even though there is rub on the cheek. CONDITION means much more than GRADE. I'm sure those dealers and collectors like me say to buy the coin not the holder. Buy based on what you grade the coin and what you determine the condition is. BUY and collect coins by eye appeal, not what a TPG suggests. It is amazing there is 11 GRADES of MS. Look at that spot or spots. Look at those marks. I have 5 or more GRADING guides. Not 5 or more CONDITION guides. CONDITION can be liberally termed GRADE but much more including WEAR, SCRATCHES, GOUGES, RIM NICKS, and a host of other DAMAGE. OH, and my opinion is SEGS has the best holder in the industry and the best variety and error authentication.[/QUOTE]
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