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<p>[QUOTE="dd27, post: 2622592, member: 80416"]I searched the PCGS website regarding Ron Guth's 80% accuracy figure, but I did not find anything. I used both the PCGS internal search function, and using:</p><p><br /></p><blockquote><p>site:<a href="http://www.pcgs.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com" rel="nofollow">http://www.pcgs.com</a> "80% accurate"</p><p>site:<a href="http://www.pcgs.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com" rel="nofollow">http://www.pcgs.com</a> accurate</p><p>site:<a href="http://www.pcgs.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com" rel="nofollow">http://www.pcgs.com</a> accuracy</p></blockquote><p><br /></p><p>I submitted a question to PCGS asking if "80% accuracy" is based on a formal inter-rater reliability study or not.</p><p><br /></p><p>The exact quote from the video is:</p><p><br /></p><blockquote><p>..."and even then there are differences in grading. What we've learned is that the best graders get it right about 80% of the time. But when you go from grader to grader to grader, statistically they all sort of even out." - former PCGS President Ron Guth</p><p><br /></p><p>CoinWeek: We Take the PCGS Grading Challenge!</p><p>[MEDIA=youtube]cuSk3Mrb1uA[/MEDIA]</p></blockquote><p><br /></p><p>---</p><p><br /></p><p>The PCGS grading process is explained in this 2007 video on YouTube: <a href="https://youtu.be/hAQv6qmGcis" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://youtu.be/hAQv6qmGcis" rel="nofollow">PCGS Grading Process Video</a></p><p><br /></p><p>And this quote is from the PCGS website, on the <a href="http://www.pcgs.com/faq" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/faq" rel="nofollow">FAQ page</a>:</p><p><br /></p><p>"Every coin submitted to PCGS for grading is reviewed by a minimum of two and in most instances three or more of our grading experts." - PCGS.com/FAQ/<a href="http://www.pcgs.com/faq#45" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/faq#45" rel="nofollow">Miscellaneous</a>/<i>How many PCGS experts (graders) review my submission?</i>[/QUOTE]</p><p><br /></p>
[QUOTE="dd27, post: 2622592, member: 80416"]I searched the PCGS website regarding Ron Guth's 80% accuracy figure, but I did not find anything. I used both the PCGS internal search function, and using: [INDENT]site:[url]http://www.pcgs.com[/url] "80% accurate" site:[url]http://www.pcgs.com[/url] accurate site:[url]http://www.pcgs.com[/url] accuracy[/INDENT] I submitted a question to PCGS asking if "80% accuracy" is based on a formal inter-rater reliability study or not. The exact quote from the video is: [INDENT]..."and even then there are differences in grading. What we've learned is that the best graders get it right about 80% of the time. But when you go from grader to grader to grader, statistically they all sort of even out." - former PCGS President Ron Guth CoinWeek: We Take the PCGS Grading Challenge! [MEDIA=youtube]cuSk3Mrb1uA[/MEDIA][/INDENT] --- The PCGS grading process is explained in this 2007 video on YouTube: [URL='https://youtu.be/hAQv6qmGcis']PCGS Grading Process Video[/URL] And this quote is from the PCGS website, on the [URL='http://www.pcgs.com/faq']FAQ page[/URL]: "Every coin submitted to PCGS for grading is reviewed by a minimum of two and in most instances three or more of our grading experts." - PCGS.com/FAQ/[URL='http://www.pcgs.com/faq#45']Miscellaneous[/URL]/[I]How many PCGS experts (graders) review my submission?[/I][/QUOTE]
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