Found one of the worst 70 PPQs

Discussion in 'Paper Money' started by funkee, Oct 15, 2012.

  1. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Even without the bill at issue, given our culture, wouldn't grading benefit from a change to a 1-100 system. A 1-100 system would allow much better distinction among higher grades. For example, some coins or bills that currently receive a 69 are not all equal and the new and current + system is inadequate to differentiate them. However, If you could spread those 69 grades over 10 points, then better 69's would rate say 88-93 and not as good 69's would receive an 84.

    The change would not be easy, but would benefit the hobby in the long run.
     
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  3. clayirving

    clayirving Supporter**

    There is such an extremely narrow, often subjective, distinction between grades now. I would hate to see even more grades! Look at these PCGS descriptions:

    Superb Gem New 68
    A "68" is basically as nice and as close to perfection as a "69", but a minor fault may be present, including a tiny handling mark, an edge bump, or a very small counting crinkle. Otherwise, a "68" will be flawless, with excellent centering, bold colors, excellent eye appeal, and full originality. Despite the mention here of trivial flaws, one should remember that a "68" is an essentially perfect note. It is the highest grade that can reasonably be expected for many series, including most large size type notes.


    Superb Gem New 69
    A "69" will be nearly as perfect as a "70", but some very minor fault such as a barely measurable imperfection in the centering or a tiny, almost unnoticeable crinkle in the paper will keep such a note from absolute perfection.


    Perfect New 70
    The "70" grade is essentially a perfect note. The note will be entirely original, with broad, perfectly even margins on all four sides, sharp corners, bright colors, outstanding eye appeal, and literally perfect paper quality with no trace of even the smallest fault. Perhaps only the most modern notes will attain this grade, and even then it will be a rare occurrence.

    So a "68" is "an essentially perfect note" and almost a "69" which is almost a "70", but only "barely measurable" and "almost unnoticeable" imperfections separate the grades.
     
  4. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    It just seems too many 69 and now, 70 coins are out there. I have a hard time believing there are no appreciable differences in these coins. So many 67-69's that I had a hard time finding a 64 for a state quarter for research and reference purposes.
     
  5. funkee

    funkee Tender, Legal

    Holy crap! I found a note of his that's not a 70PPQ! This has got to be the lowest grade he's ever issued... 70! :eek:

    $(KGrHqV,!rMFB6Th!!I1BQfK0ndJT!~~60_57.jpg
     
  6. Dr Kegg

    Dr Kegg Star Note Fanatic

    Wow.....Just....Wow....

    Return it if you purchased it.
     
  7. 900fine

    900fine doggone it people like me

    Looks like the currency version of a self-slabber.
     
  8. kookoox10

    kookoox10 ANA #3168546

    CEC works on a 100 point scale. So that would be 70/100. These offshoot companies are just ridiculous...
     
  9. -jeffB

    -jeffB Greshams LEO Supporter

    Sure, every coin is different. Certainly every 68 or 69 is unique -- but if you've got two 69s, one with a miniscule frost break on a device and another with a barely discernible hairline, which one is "better"?

    I think we've already reached a point where numeric grades are too finely divided. If we haven't, then why is the crack-and-resubmit game so prevalent?

    Perhaps it's different for paper money, though. I'm not a paper collector, so I'm in no position to say.
     
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