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<p>[QUOTE="Insider, post: 2965847, member: 24314"]I'll address the easy one first: TheFinn, posted: "How COULD an overstrike be an MS70? It starts out on an imperfect "planchet"."</p><p><br /></p><p>[USER=76863]@baseball21[/USER] answered this. Origuinally, "For condition 70, the coin must be exactly as it left the dies,aexcept for a slight mellowing of the color." Condition 70 means <i>perfect</i> Mint State." That's why TPGS allow small struck thru's on SE graded MS/PR-70. </p><p><br /></p><p>Mainebill, posted: "I feel the big 2 are about 80% accurate most of the time."</p><p><br /></p><p>Then he starts to list many of his experiences making up his claim of 20% grading errors. If you have ever been in a coin grading seminar (even the advanced class) the entire week could be wasted on stories such as those posted by this member.</p><p><br /></p><p>First, let me say that <b>the TPGS are far from perfect</b>. Additionally, our different personal experiences and skill levels determine how we rate a particular TPGS opinion. That's why whenever I read stories like those posted above <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> I am amused. No, actually when I see that someone questions the grade assigned by a major TPGS I usually <b><span style="color: #ff0000">HOWL WITH LAUGHTER</span></b>! </p><p><br /></p><p>That's because from personal contact in many classes and at coin shows the sad <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />fact is that<b> most people cannot grade.</b> Most small time dealers couldn't detect a cleaned coin if you scrubbed it with Brillo while the watched!! </p><p><br /></p><p>IMO, the number of under graded coins is virtually non-existent because someone much smarter buys it and it gets up graded. Only the over graded coins should be a problem but we don't hear much complaining about them do we. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" /> So IMO, the 20% number mentioned is incorrect. It is probably closer to 2% and those are the over graded slabs.</p><p><br /></p><p>Here is a clue for all of us. The TPGS's need your business. They play so "loosey-goosey" in order to straight grade that old timers as me sometimes choke. Therefore, know that when you get a coin back in a details grade IT HAS A <b>REAL</b> PROBLEM whether you can find it or not! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2965847, member: 24314"]I'll address the easy one first: TheFinn, posted: "How COULD an overstrike be an MS70? It starts out on an imperfect "planchet"." [USER=76863]@baseball21[/USER] answered this. Origuinally, "For condition 70, the coin must be exactly as it left the dies,aexcept for a slight mellowing of the color." Condition 70 means [I]perfect[/I] Mint State." That's why TPGS allow small struck thru's on SE graded MS/PR-70. Mainebill, posted: "I feel the big 2 are about 80% accurate most of the time." Then he starts to list many of his experiences making up his claim of 20% grading errors. If you have ever been in a coin grading seminar (even the advanced class) the entire week could be wasted on stories such as those posted by this member. First, let me say that [B]the TPGS are far from perfect[/B]. Additionally, our different personal experiences and skill levels determine how we rate a particular TPGS opinion. That's why whenever I read stories like those posted above :rolleyes: I am amused. No, actually when I see that someone questions the grade assigned by a major TPGS I usually [B][COLOR=#ff0000]HOWL WITH LAUGHTER[/COLOR][/B]! That's because from personal contact in many classes and at coin shows the sad :(fact is that[B] most people cannot grade.[/B] Most small time dealers couldn't detect a cleaned coin if you scrubbed it with Brillo while the watched!! IMO, the number of under graded coins is virtually non-existent because someone much smarter buys it and it gets up graded. Only the over graded coins should be a problem but we don't hear much complaining about them do we. :smuggrin: So IMO, the 20% number mentioned is incorrect. It is probably closer to 2% and those are the over graded slabs. Here is a clue for all of us. The TPGS's need your business. They play so "loosey-goosey" in order to straight grade that old timers as me sometimes choke. Therefore, know that when you get a coin back in a details grade IT HAS A [B]REAL[/B] PROBLEM whether you can find it or not! ;)[/QUOTE]
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