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Grade the draped bust half cent!
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<p>[QUOTE="900fine, post: 624343, member: 6036"]This thread demonstrates why I much, much, much prefer EAC grading and thinking. The basic idea is start with sharpness grade and deduct points for problems and imperfections.</p><p> </p><p>My key point, for this thread's purposes, is <i>sharpness</i> i.e. amount of detail. What counts is the amount of detail. There is less emphasis on <i><b>why </b></i>the detail is missing.</p><p> </p><p>And that's what I like. If others want to get excited and debate <i>ad infinitum</i> about missing detail due to whatever - uneven wear, uneven strike, crummy dies, blah blah blah - let 'em debate.</p><p> </p><p>This coin is a perfect example. It's missing large amounts of detail, is cleaned, and has artificial color - yet some call it AU !</p><p> </p><p>You want to pay AU50 money for this one, go ahead. It sold for VF20 money, and that's a fair price.</p><p> </p><p>Overall, according to ANA guidelines, the coin has VF30 sharpness, problems, net 20. It's that easy.</p><p> </p><p>Granted, "VF30 sharpness" requires a judgement call, since there is such dramatic difference between the left and right halves of the wreath. It is of <i>academic</i> interest <i>why</i> there is such a difference, but little <i>market</i> interest. As proven by the sale price - 20 money. The market cares more about condition and less about how we got there. We're not "path-dependent", we're state-dependent.</p><p> </p><p>All of which answers the question "If the coin has very little wear why would you grade it VF25 ?". It's missing sharpness due to reasons other than wear.</p><p> </p><p>Missing sharpness is missing sharpness is missing sharpness. It doesn't matter why.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 624343, member: 6036"]This thread demonstrates why I much, much, much prefer EAC grading and thinking. The basic idea is start with sharpness grade and deduct points for problems and imperfections. My key point, for this thread's purposes, is [I]sharpness[/I] i.e. amount of detail. What counts is the amount of detail. There is less emphasis on [I][B]why [/B][/I]the detail is missing. And that's what I like. If others want to get excited and debate [I]ad infinitum[/I] about missing detail due to whatever - uneven wear, uneven strike, crummy dies, blah blah blah - let 'em debate. This coin is a perfect example. It's missing large amounts of detail, is cleaned, and has artificial color - yet some call it AU ! You want to pay AU50 money for this one, go ahead. It sold for VF20 money, and that's a fair price. Overall, according to ANA guidelines, the coin has VF30 sharpness, problems, net 20. It's that easy. Granted, "VF30 sharpness" requires a judgement call, since there is such dramatic difference between the left and right halves of the wreath. It is of [I]academic[/I] interest [I]why[/I] there is such a difference, but little [I]market[/I] interest. As proven by the sale price - 20 money. The market cares more about condition and less about how we got there. We're not "path-dependent", we're state-dependent. All of which answers the question "If the coin has very little wear why would you grade it VF25 ?". It's missing sharpness due to reasons other than wear. Missing sharpness is missing sharpness is missing sharpness. It doesn't matter why.[/QUOTE]
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Grade the draped bust half cent!
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