Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Grading Reform
>
Reply to Thread
Message:
<p>[QUOTE="longnine009, post: 31037, member: 1886"]"In my opinion far too many of us THINK we know </p><p>what we are doing when it comes to grading."---G.D. Prather WINS article.</p><p><br /></p><p>I agree with that GDJMSP. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> How do any of us know </p><p>that we are correctly grading coins? If you grade a </p><p>slab with the grade covered up and arrive at the same</p><p>number as what is on the slab, it does not mean you </p><p>graded it correctly. You may have assigned too much </p><p>weight to one factor and too little to another for a wash.</p><p>And you will never know that because all your *allowed* to </p><p>see is a single net grade number. Learning to market </p><p>grade? Learning anything is a matter of making mistakes </p><p>and correcting those mistakes. How does one correct a </p><p>mistake if they can never find out if a mistake was made? </p><p><br /></p><p>Net grading is the darling of speculators who don't want to know </p><p>and don't want to learn. And since we are now </p><p>told *relentlessly* that the so called bull market is collector</p><p>driven and not speculator driven, then maybe it's time the </p><p>grading companies stop acting like a bunch of medieval </p><p>alchemists, clutching parchments to their chests, and start </p><p>giving us some real information. Information that we can actually</p><p>learn something from and are actually entitled to have. </p><p>Since information is what we are actually paying them for.</p><p><br /></p><p>Of course, that might not be in their best economic interest.[/QUOTE]</p><p><br /></p>
[QUOTE="longnine009, post: 31037, member: 1886"]"In my opinion far too many of us THINK we know what we are doing when it comes to grading."---G.D. Prather WINS article. I agree with that GDJMSP. :eek: How do any of us know that we are correctly grading coins? If you grade a slab with the grade covered up and arrive at the same number as what is on the slab, it does not mean you graded it correctly. You may have assigned too much weight to one factor and too little to another for a wash. And you will never know that because all your *allowed* to see is a single net grade number. Learning to market grade? Learning anything is a matter of making mistakes and correcting those mistakes. How does one correct a mistake if they can never find out if a mistake was made? Net grading is the darling of speculators who don't want to know and don't want to learn. And since we are now told *relentlessly* that the so called bull market is collector driven and not speculator driven, then maybe it's time the grading companies stop acting like a bunch of medieval alchemists, clutching parchments to their chests, and start giving us some real information. Information that we can actually learn something from and are actually entitled to have. Since information is what we are actually paying them for. Of course, that might not be in their best economic interest.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Grading Reform
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...