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Grade Inflation or Why is midrange UNC gold all junk?
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<p>[QUOTE="Publius2, post: 26714724, member: 105571"]I have gotten increasingly cynical about grading, particularly over the last couple of years. Partly that is due to just being better educated and partly due to an observed degradation of standards.</p><p><br /></p><p>Here is a coin (not mine) that caught my eye recently. This coin is graded by PCGS PR-64+DCAM and awarded the CAC Green Bean.</p><p><br /></p><p>Note how heavily hairlined this coin is. Now this is a very expensive issue. Would a common and low-priced coin have received this degree of forgiveness? I doubt it. I personally think this coin is on the borderline between a low PR grade and a body bag. But hey, it's expensive so it can't be graded that low. It's like the grader was completely oblivious to the hairlines as if they didn't exist.</p><p><br /></p><p>I learned a lot about the hairline grading standards for proofs when I was putting together a Walking Liberty Half Dollar proof set. Even my lowest graded WL proof at 63 was nowhere as hairlined as this half eagle and would never have received a CAC bean.</p><p><br /></p><p>[ATTACH=full]1705730[/ATTACH] [ATTACH=full]1705731[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 26714724, member: 105571"]I have gotten increasingly cynical about grading, particularly over the last couple of years. Partly that is due to just being better educated and partly due to an observed degradation of standards. Here is a coin (not mine) that caught my eye recently. This coin is graded by PCGS PR-64+DCAM and awarded the CAC Green Bean. Note how heavily hairlined this coin is. Now this is a very expensive issue. Would a common and low-priced coin have received this degree of forgiveness? I doubt it. I personally think this coin is on the borderline between a low PR grade and a body bag. But hey, it's expensive so it can't be graded that low. It's like the grader was completely oblivious to the hairlines as if they didn't exist. I learned a lot about the hairline grading standards for proofs when I was putting together a Walking Liberty Half Dollar proof set. Even my lowest graded WL proof at 63 was nowhere as hairlined as this half eagle and would never have received a CAC bean. [ATTACH=full]1705730[/ATTACH] [ATTACH=full]1705731[/ATTACH][/QUOTE]
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Grade Inflation or Why is midrange UNC gold all junk?
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