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<p>[QUOTE=&quot;GDJMSP, post: 823042, member: 112&quot;]<img src="http://thevinylvillage.files.wordpress.com/2009/03/flogging-dead-horse.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Now when have I ever failed to humor you or answer a question&nbsp; Mike ? :smile But I do need to read it first before I can answer it. I&#039;m not always here you know.</p><p><br /></p><p>Anyway, your scenario is a bit extreme. Grades would not change 3 points (from 69 to 66) based on quality of strike. But they might change 1 point. Regardless of that, I understand what you mean. Not that I think it would ever happen with coins being issued today - but I get what you mean.</p><p><br /></p><p>So let&#039;s assume for a minute that it did happen - that some very early releases were over-graded, and that over-grading was determined later based on the quality of strike for that date/mint combination that was unknown at the time of the initial grading.</p><p><br /></p><p>There really is only 1 answer Mike - the TPG would have to admit that they screwed up and over-graded those particular coins. Their grading guarantee would come into play on those coins that are re-submitted, and they would buy the coins back or replace them with properly graded examples.</p><p><br /></p><p>-----------------------</p><p><br /></p><p>It seems what you keep trying to do Mike is to find some way to disprove or invalidate the premise that coins are graded differently based on whether or not they are known for being well struck or weakly struck.</p><p><br /></p><p>Well, you can disagree with the premise all you want. I didn&#039;t write it nor did I make it up. But I understand it, and I agree with it. It is a basic grading principle that has been with us for as long as we have had coin grading. And this premise, this grading principle, was established by those who know far, far more about coins and grading them than you and I shall ever know.</p><p><br /></p><p>And it is a fair principle for it works both ways. With coins where the entire mintage for a given date/mint is known to have been exceptionally well struck, like the early S mint Morgans - those coins are held to a higher standard. They will only be graded as a 64 where coins of the same date from other mints and of the same quality will be graded as 65&#039;s.</p><p><br /></p><p>And coins like the 1892-O Morgan where almost every one is known to have been very weakly struck, those will be held to a lower standard. They might be graded as 65&#039;s where coins of the same date but a different mint and of the same quality are only graded as 64&#039;s.</p><p><br /></p><p>Now as I said, you can disagree with this principle if you like. But pretty much the entire numismatic community holds this principle to be true, and they adhere to it, they follow it. And as has been said already, this principle is typically applied to the grading of coins from the past, coins where the various strike charcateristics are already known and have been known and chronicled for many years.</p><p><br /></p><p>At some point in the future the scenario you describe above may come to pass, but I doubt it. The reason it it is unlikely to happen is because we no longer have the same circumstances at the various mints - for that matter we only have 2 today. The minting presses are much more modern and produce far better consistency in regard to quality of strike. The coin relief is much, much lower today thus precluding, or at the least lowering, the chance of weakly struck issues. Things just aren&#039;t like they used to be. The things that necessitated the allowances used in grading for various date/mint combinations in regard to quality of strike.</p><p><br /></p><p>So - </p><p><br /></p><p><img src="http://www.bjacked.net/LuvToHunt/forums/phpBB2/modules/gallery/albums/album01/Beat_Dead_Horse.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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