I'll take his 6 consecutive posts over your gibberish, which includes "Silence", "Edit" of a bro comment, something else undecipherable, the "troll" comment, the "level of intelligence" reference and third language excuses as a cherry on top. I think we should probably just learn our place and keep it short and sweet like fred13 does...
@fred13, I know that you have been a member of this forum since 2009, but as others have pointed out, your post count indicates that you have not been as engaged as most of the other key participants in the contentious threads on the forum. Perhaps it is because you prefer to lurk, I don't know. But the threads linked above will provide a crystal clear picture of each members posting style, numismatic belief system, and overall opinion of themselves. The members I am talking about are Doug, myself, Morgandude, and medoraman. Furthermore, everyone should reread all of those threads, they are chock full of great information both about numismatics and the posters themselves.
Not a very nice retort. Actually, I felt the same way about your post, I had no clue what it meant, since there was no reference to other info. I don't see anywhere that he is insulting you. And, many times I have asked for a clarification, and as Doug has said (to me and others, I am sure) we have to understand that some folks do not have English as a first language. Including some of the posters who were born here. There are a number of folks who I cannot understand, and usually just move on.
Staying on topic, if none of the TPGs can grade a damn, add to that 90% of collectors and who do we have left? [/QUOTE] thousands of collectors or .9*(the collector base)[/QUOTE] To anyone who missed it, this is the post that was being referred to.
https://www.cointalk.com/threads/guess-the-grade-1924-st-gaudens.247514/#post-1932043 Au58 vs ms67 shows an absolute difference in total grading style. But as mentioned before everyone has their opinion and is even entitled to have one even when it is markedly different then tpg grading styles, and the morality of state and federal laws. After all if we all agreed on everything and held the same opinions it would be quite dull in cointalk land. I for one like having the differing opinions makes the place a little more fun.
It's not learning to grade that is so hard... It's learning how THE TPG's are grading that can be difficult, but in my business it is more important to know the latter.
So if it is essential from a financial standpoint to understand the grading practices of the TPG's, what good does it do to use the ANA grading standards? Of course that is a rhetorical question. The TPGs control the market so their standards are the only standards that are relevant. I told Doug for years that he will never be able to purchase graded coins again. He simply won't agree with any of the assigned grades and nobody is going to sell him the coin at a lower price simply because he thinks the coin is overgraded. My comment is not really meant as a slam on Doug. Rather it is meant to show that collectors who are actively engaged in the hobby don't have the luxury of simply following whatever grading standards they want, like Doug.
For someone in the business that is exactly right. Just like any good businessperson it is my duty to stay on top of the important things that effect my bottom line. Everyone has to develop their own opinions about coin grading. Some may be vastly different than mine... And that's fine with me. I have seen some pretty badly graded coins in top tier plastic... But for the most part they do a good job of giving the market what it wants, which is coins graded to the markets acceptability.
And that is it in a nutshell. They give the market precisely what it wants. Something I have repeated time and time again. So why do I disagree with this practice ? Why do so many others disagree with this practice ? Because what the market wants is higher and higher grades for their coins. The market doesn't want a static set of grading standards, they don't want an established set of grading standards at all. What they want is for their AU coins to be graded 62-63, their 64 coins to be graded 65, their 65s as 66s, and so on and so on. That's what they want ! And that's exactly what they get
Sorry, but, at this point, I've lost all interest in your grading explanations. You know that it just looks like you can't grade at all, when you insist an MS67 coin is AU, right? Claiming that you are trying to teach others, so that they do not buy overgraded coins, seems contradictory to your stance on poor etiquette by questioning a dealer about a grade. A walking contradiction, is what you are. I've taken the time to read some of the posts where Morgandude11 and Lehigh96 try to state their side. You leave no room for their opinions. https://www.cointalk.com/threads/guess-the-grade-1924-st-gaudens.247514/ But, according to you, everyone is selling over-graded coins at outrages and unfair prices. Especially CT's sponsor. The only thing you can teach people in this regard, is how never to make a purchase, if they actually follow your lead like nice little sheep. Furthermore, what is it that you're teaching the new kid with his grandpa's raw coin collection? How to walk into a dealer's establishment with his mint coins in holders labelled as AU? That sounds like you're doing the dealers a favor and causing a major financial loss to the new kid you pretend to care about, by trying so hard to help him learn.
And I don't recall ever asking you to have any. But some others might. No, it looks like I consistently follow set and long established grading standards. As opposed to not following any published standards at all. If you would ever actually read what I write, instead of choosing to interpret what I write to suit your own purposes, you would see that I am extremely consistent. And not contradictory at all. They have all the room in the world for their opinions, and they state them rather often. It's just that their opinions are often different than mine. The people selling the TPG graded coins are not the ones who graded them. Their bear no responsibility for the assigned grades at all. And if you think I'm picking on Matt, ask him if he thinks so. Then ask him how many times I have referred people to him when they are looking for coins. Or, ask the other members here how many times I have told them to talk to Matt. Oh, and you can ask any of the numerous other dealers how many clients I send to them too, and how often. As for what I am teaching people, what I teach people is how to be a discriminating collector. In other words how to pick out only the best coins, in any given grade, for their collection. As opposed to just settling for average over-graded, over-priced dreck in a plastic slab with a number on it. And while you asking people about things, you might want to ask any of the numerous people that I have helped assemble their collections over the years, as well as those I am still helping, should they choose to identify themselves, if even 1, just 1, of them has ever been unhappy with the coins they end up having in their collections. So in your previous paragraph I am unfairly beating up on dealers for "selling over-graded coins at outrages and unfair prices." - and in this paragragh I am "doing the dealers a favor" and taking advantage of the new kids ? And I'm doing all of this, and at the same time, by trying to teach folks how to grade by published and established grading standards. Boy ! I didn't know I could do two completely different and opposite things by doing just 1 thing ! Talk about being contradictory
You're right Matt, I did cut my grading teeth that long ago. But that does not mean I grade by standards from back then. The grading standards I grade by and consistently follow were first written and published in 1986 and as recently as 2013. Now if grading standards just a year old are what you want to call an "older style viewpoint" - sorry buddy, but I don't know how to get 'em much newer than that. Now I'll readily grant you, those are NOT the standards that the TPGs use today. But then the only published grading standards that any TPG even has were published in 2004. But they don't even follow those.
You are all over the map. There is no rhyme or reason. I see plenty of contradictions in your opinions from topic to topic. Maybe, one day you might also spot them. You can keep it up and my guess is that you will continue to encounter resistance. Whether it's Morgandude11, Lehigh96 or Larry Briggs of SEGS, seems that many folks have a problem with your understanding of coin surfaces and grades. Just an observation by someone who came here to learn, reads many posts, sifts through them and sees that some things from you just don't add up. Why don't you let what I wrote sink in. If you're offering your opinion on LostDutchman's coin at AU and it receives MS67, what are you really saying about his inventory? If you are on this forum to help others learn how to grade almost every MS coin as AU, they read your posts and follow every word, then they apply your "technique" to their own raw collection, is their collection more or less valuable than it should be in the current market? In my opinion you are doing both.
Yep, they want coins with roll friction to be graded low MS instead of AU. They want MS64 coins with premium gem luster to be graded MS65. And they want MS65 coins with monster rainbow toning to be graded MS66, and so on and so on. That's what they want! And that's exactly what they get