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Don't understand TPG standards 69/70 for newly minted issues
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<p>[QUOTE="medoraman, post: 1217783, member: 26302"]Most mints do. If you do not like the coin usually you can return them. However, returning a coin because it graded a 69 in the opinion of another firm, (its simply an opinion), to me does not make a proof "defective". I hear many coins make it into 70 holders in the exact same shape.</p><p><br /></p><p>Sorry I just hate the MS70 or bust mentality, and any coin not grading a 70 is defective. 1/1000th of 1% of a coin detail missing to me is simply irrelevant. Its just not my game I guess.</p><p><br /></p><p>To me a grade is an OPINION as to its state of preservation. Opinions differ. Remember, the mint doesn't even care about US coin numbering systems, grading systems, etc. That make a product to their standards that they feel are appropriate. I think they have high standards, and execute well, (though the designs suck). To be even possible that a TPG can regularly grade many of their products as "perfect" is exceptional, and having tiny, tiny defects is normal in production. I do not think any mint in the world could produce only MS70 coins without raising their prices considerably.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1217783, member: 26302"]Most mints do. If you do not like the coin usually you can return them. However, returning a coin because it graded a 69 in the opinion of another firm, (its simply an opinion), to me does not make a proof "defective". I hear many coins make it into 70 holders in the exact same shape. Sorry I just hate the MS70 or bust mentality, and any coin not grading a 70 is defective. 1/1000th of 1% of a coin detail missing to me is simply irrelevant. Its just not my game I guess. To me a grade is an OPINION as to its state of preservation. Opinions differ. Remember, the mint doesn't even care about US coin numbering systems, grading systems, etc. That make a product to their standards that they feel are appropriate. I think they have high standards, and execute well, (though the designs suck). To be even possible that a TPG can regularly grade many of their products as "perfect" is exceptional, and having tiny, tiny defects is normal in production. I do not think any mint in the world could produce only MS70 coins without raising their prices considerably.[/QUOTE]
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Don't understand TPG standards 69/70 for newly minted issues
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