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<p>[QUOTE="Owle, post: 1431974, member: 22004"]Yes, and there is a larger point, that of grading psychology that I have heard expert submitters confess to. In submissions there is "guilt by association" as well as "high quality by association" for lack of better terms. The sequence the coins are graded makes an argument in the graders mind as to what a coin should grade. Let's say you have a bunch of "liner" coins just on the edge from being the next grade up. There is a way to do the submission as to get the best *chance* at the best result. Coins are like snowflakes, no two identical. So graders are constantly making tough market judgments as to what the right market grade should be. They are not reaching for absolute standards, but market acceptable standards. If PCGS and NGC (and ANACS) would get 2X as many submissions and an equal number of express and walkthrough submissions if they could give higher grades and make 2X more money, don't you think they would do that?</p><p><br /></p><p>But they can't get away with it because if you water down the standards too much the consumer would catch on, even if many of them are far-sighted elderly folks who can hardly tell the difference between a Saint and a Lib., let alone an MS65 from an MS66.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1431974, member: 22004"]Yes, and there is a larger point, that of grading psychology that I have heard expert submitters confess to. In submissions there is "guilt by association" as well as "high quality by association" for lack of better terms. The sequence the coins are graded makes an argument in the graders mind as to what a coin should grade. Let's say you have a bunch of "liner" coins just on the edge from being the next grade up. There is a way to do the submission as to get the best *chance* at the best result. Coins are like snowflakes, no two identical. So graders are constantly making tough market judgments as to what the right market grade should be. They are not reaching for absolute standards, but market acceptable standards. If PCGS and NGC (and ANACS) would get 2X as many submissions and an equal number of express and walkthrough submissions if they could give higher grades and make 2X more money, don't you think they would do that? But they can't get away with it because if you water down the standards too much the consumer would catch on, even if many of them are far-sighted elderly folks who can hardly tell the difference between a Saint and a Lib., let alone an MS65 from an MS66.[/QUOTE]
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