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explain this grade please?
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<p>[QUOTE="Numismatist47, post: 956010, member: 24577"]You have to remember something about TPG grading. It's not consistent, or exact. It's the opinion of the person(s) grading the coin. Just to give you an example:</p><p> </p><p>A fellow numismatist I've known for many years, often sends coins to PCGS, and NGC, for obvious reasons, and there are times he disagrees with the grade placed on his coin(s). He resubmits about 15% of what he sends in, for re-grading. Often times the same coin that graded MS-62 will come back lower, and other times one may come back higher. He did a little experiment with 3 coins he submitted to PCGS. Three 1887 Morgans. They came back with 2 grading MS-63 and 1 MS-64. He cracked them out of the PCGS slabs, and submitted them to NGC. NGC graded them as follows:</p><p> </p><p>1 graded by PCGS as MS-63 now graded by NGC as MS-65, the other PCGS MS-63 remained the same.</p><p> </p><p>The MS-64 PCGS graded Morgan is now NGC AU-50. </p><p> </p><p>I thought he was nuts for paying the expense to send the same three Morgans to two different TPGs, but he wanted to see ho consistant and exact coin grading is by TPGs.</p><p> </p><p>Go figure![/QUOTE]</p><p><br /></p>
[QUOTE="Numismatist47, post: 956010, member: 24577"]You have to remember something about TPG grading. It's not consistent, or exact. It's the opinion of the person(s) grading the coin. Just to give you an example: A fellow numismatist I've known for many years, often sends coins to PCGS, and NGC, for obvious reasons, and there are times he disagrees with the grade placed on his coin(s). He resubmits about 15% of what he sends in, for re-grading. Often times the same coin that graded MS-62 will come back lower, and other times one may come back higher. He did a little experiment with 3 coins he submitted to PCGS. Three 1887 Morgans. They came back with 2 grading MS-63 and 1 MS-64. He cracked them out of the PCGS slabs, and submitted them to NGC. NGC graded them as follows: 1 graded by PCGS as MS-63 now graded by NGC as MS-65, the other PCGS MS-63 remained the same. The MS-64 PCGS graded Morgan is now NGC AU-50. I thought he was nuts for paying the expense to send the same three Morgans to two different TPGs, but he wanted to see ho consistant and exact coin grading is by TPGs. Go figure![/QUOTE]
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explain this grade please?
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