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<p>[QUOTE="GDJMSP, post: 291712, member: 112"]An interesting question, and one that has even more interesting answers. For example, most people believe that the owner of a coin tends to over-grade and that the buyer of a coin tends to under-grade. And in some cases this is true, but in many others it is not. </p><p><br /></p><p>So what determines which way they will go ? The answer is not as simple as some might think, it's bit more complicated than that for how one grades coins depends really on 2 things - knowledge and experience would constitute the first and what grading standards you use would be the second. Regarding the latter, rather obviously if two people are grading a given coin and each is using a different set of grading standards - they are not going to come up with the same grade for that coin. So that is a major determining factor. </p><p><br /></p><p>But for the first thing, the level of knowledge and experience that an individual has also plays a large part in how they grade coins. For ease of discussion let's say there are 3 basic levels - novice, intermediate and advanced. Now here's the surprising part - each of these 3 levels will have a typical outcome when it comes to grading. The novice will typically over-grade. The intermediate grader will typically under-grade and the advanced grader will typically grade correctly. There are exceptions to every rule of course, but in general these statements are quite accurate.</p><p><br /></p><p>So before the original question can be answered it must be decided what level of grading ability the person has and what set of standards they are using. If it can be assumed that they are both using the same set of standards and that they both have the same level of grading ability, and if it can also be further assumed that both parties are honest - then they will in all likelihood grade any given coin the very same. But if all things are not equal, then there is just no way that the two parties in question will grade a coin a same. And it is these differences more than anything else that determines why people believe that buyers and sellers always grade coins differently. When in reality it has nothing to do with being a buyer or seller. But it has everything to do with one's grading ability and the standards you use.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 291712, member: 112"]An interesting question, and one that has even more interesting answers. For example, most people believe that the owner of a coin tends to over-grade and that the buyer of a coin tends to under-grade. And in some cases this is true, but in many others it is not. So what determines which way they will go ? The answer is not as simple as some might think, it's bit more complicated than that for how one grades coins depends really on 2 things - knowledge and experience would constitute the first and what grading standards you use would be the second. Regarding the latter, rather obviously if two people are grading a given coin and each is using a different set of grading standards - they are not going to come up with the same grade for that coin. So that is a major determining factor. But for the first thing, the level of knowledge and experience that an individual has also plays a large part in how they grade coins. For ease of discussion let's say there are 3 basic levels - novice, intermediate and advanced. Now here's the surprising part - each of these 3 levels will have a typical outcome when it comes to grading. The novice will typically over-grade. The intermediate grader will typically under-grade and the advanced grader will typically grade correctly. There are exceptions to every rule of course, but in general these statements are quite accurate. So before the original question can be answered it must be decided what level of grading ability the person has and what set of standards they are using. If it can be assumed that they are both using the same set of standards and that they both have the same level of grading ability, and if it can also be further assumed that both parties are honest - then they will in all likelihood grade any given coin the very same. But if all things are not equal, then there is just no way that the two parties in question will grade a coin a same. And it is these differences more than anything else that determines why people believe that buyers and sellers always grade coins differently. When in reality it has nothing to do with being a buyer or seller. But it has everything to do with one's grading ability and the standards you use.[/QUOTE]
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