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Example of buy the coin not the slab? $10 Indian
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<p>[QUOTE="Insider, post: 2462124, member: 24314"]Some of your post makes sense. Some does not. For example, no coins graded by the old, not used anymore by professionals or TPGS standards of "no trace of wear" went down in grade to AU when that standard was abandoned except by the 2% of the old time</p><p>numismatic purists who will all be dead in ten years.</p><p> </p><p>You can wish all you want but <span style="color: #b30000">most</span> Mint State coins in some series like Seated dollars, Bust half dollars, Standing Liberty quarters, etc. DO NOT MEET THE ANA CRITERIA for the MS grade. Virtually all of them have friction on their high points causing their original surface to be degraded enough to be seen with the naked eye.</p><p> </p><p>Take a coin like that - blazing original luster, hardly any noticeable marks, yet a dull patch on the high points where the original surface luster is impaired. What should we grade it. You, me, [USER=112]@GDJMSP[/USER], and 1.99% of the purists say AU-58. The rest of the marketplace is in the MS-64 - 65 range due to the coin's eye appeal and value. I've left enough money on the table selling AU-58's that became MS-65's to buy a Porsche! I'm over it. As I wrote above, in ten years the 2% of us will be dead.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie40" alt=":dead:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /></p><p> </p><p>PS IMO, two reasons the ANA standards were degraded is they were unrealistic and EVERYONE wanted MS coins![/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2462124, member: 24314"]Some of your post makes sense. Some does not. For example, no coins graded by the old, not used anymore by professionals or TPGS standards of "no trace of wear" went down in grade to AU when that standard was abandoned except by the 2% of the old time numismatic purists who will all be dead in ten years. You can wish all you want but [COLOR=#b30000]most[/COLOR] Mint State coins in some series like Seated dollars, Bust half dollars, Standing Liberty quarters, etc. DO NOT MEET THE ANA CRITERIA for the MS grade. Virtually all of them have friction on their high points causing their original surface to be degraded enough to be seen with the naked eye. Take a coin like that - blazing original luster, hardly any noticeable marks, yet a dull patch on the high points where the original surface luster is impaired. What should we grade it. You, me, [USER=112]@GDJMSP[/USER], and 1.99% of the purists say AU-58. The rest of the marketplace is in the MS-64 - 65 range due to the coin's eye appeal and value. I've left enough money on the table selling AU-58's that became MS-65's to buy a Porsche! I'm over it. As I wrote above, in ten years the 2% of us will be dead.:dead: :hilarious::hilarious::hilarious::hilarious: PS IMO, two reasons the ANA standards were degraded is they were unrealistic and EVERYONE wanted MS coins![/QUOTE]
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Example of buy the coin not the slab? $10 Indian
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