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Etiquette: questioning and/or "averaging" grades?
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<p>[QUOTE="19Lyds, post: 2012847, member: 15929"]The OP is looking for absolutes in an opinionated industry.</p><p><br /></p><p>Absolutes simply do not exist where "opinions" are in play as no two people will ever agree on anything when money is involved. Consensus can be difficult if not impossible with regard to assigning a grade. It is the "trust" in the TPG's (or dealers) consensus which defines the market and the relative price of a coin.</p><p><br /></p><p>Folks tend to forget that this entire industry created by the TPG's was based upon what a coin should sell for "according to the current market" based upon an independent third party where the seller is the 1st party and the buyer is the 2nd party.</p><p><br /></p><p>Since coin dealing began, coin dealers, as coin owners, have been over pricing (grading) their wares. Even amongst themselves, which is "why" the TPG business was originally created. To stop the bickering.</p><p><br /></p><p>A new generation of collectors exists today who simply were not a part of the birthing process that TPG's went through. As such, they tend to give absolute power to the TPG when the reality is that there would be no need for a TPG (in the market) if people could all agree.</p><p><br /></p><p>TPG's render "opinions" and nothing more because the coin that they graded MS63, upon crackout resubmission could come back as MS64 or even MS62 because even TPG's are made up of multiple graders who entertain different "opinions" on the same coin.</p><p><br /></p><p>The bottom line is that buyers have the choice of either buying the coin (regardless of posted or slabbed grade) or not buying the coin.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2012847, member: 15929"]The OP is looking for absolutes in an opinionated industry. Absolutes simply do not exist where "opinions" are in play as no two people will ever agree on anything when money is involved. Consensus can be difficult if not impossible with regard to assigning a grade. It is the "trust" in the TPG's (or dealers) consensus which defines the market and the relative price of a coin. Folks tend to forget that this entire industry created by the TPG's was based upon what a coin should sell for "according to the current market" based upon an independent third party where the seller is the 1st party and the buyer is the 2nd party. Since coin dealing began, coin dealers, as coin owners, have been over pricing (grading) their wares. Even amongst themselves, which is "why" the TPG business was originally created. To stop the bickering. A new generation of collectors exists today who simply were not a part of the birthing process that TPG's went through. As such, they tend to give absolute power to the TPG when the reality is that there would be no need for a TPG (in the market) if people could all agree. TPG's render "opinions" and nothing more because the coin that they graded MS63, upon crackout resubmission could come back as MS64 or even MS62 because even TPG's are made up of multiple graders who entertain different "opinions" on the same coin. The bottom line is that buyers have the choice of either buying the coin (regardless of posted or slabbed grade) or not buying the coin.[/QUOTE]
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Etiquette: questioning and/or "averaging" grades?
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