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GTG(s) a study in strike vs wear?
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<p>[QUOTE="TypeCoin971793, post: 4611500, member: 78244"]That is irrelevant to the question of a coin’s grade. None of [USER=31286]@fiddlehead[/USER] ’s questions were about desirability. His questions were about distinguishing between weak strike and wear for the sake of being better able to evaluate a coin’s state of preservation.</p><p><br /></p><p><br /></p><p><br /></p><p>“Grading” is not at fault. It’s the market’s fault for perpetuating the belief that higher grade number = More desirable = higher value. Again, your point is irrelevant to the questions posed.</p><p><br /></p><p>There are lots of discussions regarding TPG market grading, where they call a premium 58 a 62 because it should be worth more than an ugly 60. This is a bad solution to the problem, but whatever.</p><p><br /></p><p><br /></p><p><br /></p><p>I should read ahead before quoting.</p><p><br /></p><p><br /></p><p><br /></p><p>Why should they? They don’t need to except in extreme cases (like the second 1926 D above). People are hesitant to pay more than “book value” for a coin of a particular grade (eg 58), but they are happy to pay less when it has less-desirable characteristics (as-struck weakness). The market adjusts coins downward accordingly.</p><p><br /></p><p><br /></p><p><br /></p><p>How is calling a mint-state coin UNC “giving it a break?” I went to school with some of the dumbest of the dumb, but I won’t call them anything less than human because that would be inaccurate. Giving a coin a break would be saying “But it is UNC, so it is worth what this perfectly-struck UNC is worth.” To continue the analogy, that would be equivalent of giving one of the classroom fools a neurosurgeon job. </p><p><br /></p><p>See how silly your points sound now?[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 4611500, member: 78244"]That is irrelevant to the question of a coin’s grade. None of [USER=31286]@fiddlehead[/USER] ’s questions were about desirability. His questions were about distinguishing between weak strike and wear for the sake of being better able to evaluate a coin’s state of preservation. “Grading” is not at fault. It’s the market’s fault for perpetuating the belief that higher grade number = More desirable = higher value. Again, your point is irrelevant to the questions posed. There are lots of discussions regarding TPG market grading, where they call a premium 58 a 62 because it should be worth more than an ugly 60. This is a bad solution to the problem, but whatever. I should read ahead before quoting. Why should they? They don’t need to except in extreme cases (like the second 1926 D above). People are hesitant to pay more than “book value” for a coin of a particular grade (eg 58), but they are happy to pay less when it has less-desirable characteristics (as-struck weakness). The market adjusts coins downward accordingly. How is calling a mint-state coin UNC “giving it a break?” I went to school with some of the dumbest of the dumb, but I won’t call them anything less than human because that would be inaccurate. Giving a coin a break would be saying “But it is UNC, so it is worth what this perfectly-struck UNC is worth.” To continue the analogy, that would be equivalent of giving one of the classroom fools a neurosurgeon job. See how silly your points sound now?[/QUOTE]
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