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<p>[QUOTE="Jaelus, post: 2168090, member: 46237"]Novice collectors not understanding how much of a difference in price there should be between problem/problem-free coins is indeed a problem, but I think with a coin just labelled Genuine they'd be completely clueless. At least with something like F Details they'd have a starting point.</p><p><br /></p><p>Personally, I prefer how ANACS assigns a numeric details grade. Details coins can be quite valuable if there are not a lot of problem-free examples and/or if problem-free examples are prohibitively expensive. The amount of meat on a coin is a fundamental property used to determine value, even for details coins, so more information is better. For example, the primary US series I collect has a significant price jump between AU50/3 to AU55/8, effectively treating AU and ChAU as different grade ranges. In looking at completed auction values for details coins in this series, I noticed a premium being paid for ANACS AU55/8 Details coins over equivalent NGC/PCGS AU Details coins, simply because the NGC/PCGS coins were being treated as AU50/3 Details. When you're looking at a coin in hand it's one thing, but when you're looking at one online, having that extra information does make a difference.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 2168090, member: 46237"]Novice collectors not understanding how much of a difference in price there should be between problem/problem-free coins is indeed a problem, but I think with a coin just labelled Genuine they'd be completely clueless. At least with something like F Details they'd have a starting point. Personally, I prefer how ANACS assigns a numeric details grade. Details coins can be quite valuable if there are not a lot of problem-free examples and/or if problem-free examples are prohibitively expensive. The amount of meat on a coin is a fundamental property used to determine value, even for details coins, so more information is better. For example, the primary US series I collect has a significant price jump between AU50/3 to AU55/8, effectively treating AU and ChAU as different grade ranges. In looking at completed auction values for details coins in this series, I noticed a premium being paid for ANACS AU55/8 Details coins over equivalent NGC/PCGS AU Details coins, simply because the NGC/PCGS coins were being treated as AU50/3 Details. When you're looking at a coin in hand it's one thing, but when you're looking at one online, having that extra information does make a difference.[/QUOTE]
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Grade: details vs. coin
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