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Grade Inflation or Why is midrange UNC gold all junk?
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<p>[QUOTE="johnmilton, post: 26699887, member: 101855"]It might be better to start with Morgan Dollars than gold because there are more of them to examine. An isolated hit with no rub around it is a bag mark. A patch of lines which begins to dull the luster of the coin influences one to call the coin “AU.” </p><p><br /></p><p>Here’s an issue. Which is worse, a tiny rub or a bunch of bag marks? If the coin has eye appeal, IMO, I’ll take the tiny rub and will pay more for it. I’ve seen so-called Uncs. with so many marks that one could not tell if the coin had a rub. </p><p><br /></p><p>I am on an iPad and can’t post pictures. I will pick this up later with pictures.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26699887, member: 101855"]It might be better to start with Morgan Dollars than gold because there are more of them to examine. An isolated hit with no rub around it is a bag mark. A patch of lines which begins to dull the luster of the coin influences one to call the coin “AU.” Here’s an issue. Which is worse, a tiny rub or a bunch of bag marks? If the coin has eye appeal, IMO, I’ll take the tiny rub and will pay more for it. I’ve seen so-called Uncs. with so many marks that one could not tell if the coin had a rub. I am on an iPad and can’t post pictures. I will pick this up later with pictures.[/QUOTE]
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Grade Inflation or Why is midrange UNC gold all junk?
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