Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Great Southern Coins
>
Reply to Thread
Message:
<p>[QUOTE="SuperDave, post: 2418117, member: 1892"]Fair enough - your additional skills put you in a better position to make smart decisions than most. All the same, by your own admission - you almost certainly diagnosed the reason for your languising items in inventory - you've bought duds which you likely wouldn't have acquired in the first place with a better feel for technical grading.</p><p><br /></p><p>The statistics from which one can make reasonable assumptions about grading times are freely available in public filings by the TPG's (and in videos they publish) and have been public knowledge for a long time. We've been discussing it in various fora going back ten years and more. You can find out how many graders are employed and how many coins graded - the rest is math. By the most generous estimations, a grader gets about 15 seconds per coin. Most likely far less in the "meat and potatoes" Modern issues they grade by the bushel basket - new bullion mintages are their profit margin - which are balanced out by any extra time spent with more difficult Classic coins. And yes, I've discussed it quietly on occasion or two with former working graders (you won't see them publicly identifying, because of the crap they'd take on behalf of their former employers <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ).</p><p><br /></p><p>As a dealer, you are probably a generalist and this <b>does</b> make grading more difficult because individual issues have their own grading ideosyncracies. All the same, even if for no other reason it makes good business sense for you to develop a better feel for grading.[/QUOTE]</p><p><br /></p>
[QUOTE="SuperDave, post: 2418117, member: 1892"]Fair enough - your additional skills put you in a better position to make smart decisions than most. All the same, by your own admission - you almost certainly diagnosed the reason for your languising items in inventory - you've bought duds which you likely wouldn't have acquired in the first place with a better feel for technical grading. The statistics from which one can make reasonable assumptions about grading times are freely available in public filings by the TPG's (and in videos they publish) and have been public knowledge for a long time. We've been discussing it in various fora going back ten years and more. You can find out how many graders are employed and how many coins graded - the rest is math. By the most generous estimations, a grader gets about 15 seconds per coin. Most likely far less in the "meat and potatoes" Modern issues they grade by the bushel basket - new bullion mintages are their profit margin - which are balanced out by any extra time spent with more difficult Classic coins. And yes, I've discussed it quietly on occasion or two with former working graders (you won't see them publicly identifying, because of the crap they'd take on behalf of their former employers :) ). As a dealer, you are probably a generalist and this [B]does[/B] make grading more difficult because individual issues have their own grading ideosyncracies. All the same, even if for no other reason it makes good business sense for you to develop a better feel for grading.[/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
>
Coin Chat
>
Great Southern Coins
>
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...