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Message:: [QUOTE="Insider, post: 3732773, member: 24314"]Prez2, posted: "If only there could be one standard. Guess it's dependent on the dollars involved as it what it actually is. I would bet that if a person had this in some graded fashion, insured and then lost then submitted a claim that the insurance company would challenge the value (if it were high enough). Kinda makes the whole graded service companies seem something less than what they are (the final word). The ought to be ONE standard versus several that vary." There CAN NEVER be a grading standard.  Grading is less strict than it once was and that killed any attempt at precision.  When a coin can be professionally graded "X" and a month later graded "Y" by the same TPGS we have a huge problem.  Besides, when a grading standard was presented to the public - most refused to follow it! physics-fan3.14, posted:  "I think we all agree that not all 65 are equal.  But you also cannot deny that the inventor of the Sheldon Scale was literally attempting to match grade to value. That is the fundamental basis of modern coin grading. The success of that scheme can be debated. Yes, the problem in a nutshell.  At the time it was published and decades afterwards, the descriptions for each grade in the Sheldon system were very clear and VERY STRICT.  That's the strict grading that formed the basis for the TRUE "Technical Grading System."  Value had nothing to do with determining the grade - only the condition of the coin as described in the Sheldon System was important for each grade.  The fact that Sheldon then brought a way to guess a coin's value by using multipliers like 6X or 30X HAD NOTHING TO DO WITH THE DESCRIPTION FOR EACH GRADE!  I'll guarantee that 90% of the members of this website have NEVER read those (now outdated due to commercial interests & gradefation) descriptions!  I'll also guarantee that 99% of the collectors/dealers in the USA, NEVER CONSIDERED what I just wrote.  We have all been taught that a coin's grade determines its value.  The fact that all MS-65 are not worth CLOSE to the same amount of money proves there is a flaw in the "Commercial" system as devised by GREEDY <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie54" alt=":hungry:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> COIN <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie54" alt=":hungry:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie81" alt=":shifty:" unselectable="on" unselectable="on" /> DEALERS <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> who had both hands, both feet, and their face in the "grading pie! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />"  [/QUOTE]

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