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<p>[QUOTE="Lehigh96, post: 2768346, member: 15309"]Really? There are many members of this forum who despise the TPGs, their method of grading, and hold conservative grading ideology. One needs look no further than the single most vocal member of this forum, the site administrator, Doug.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I'm happy you listened, researched my claim, and learned. As for the value of these "+" graded coins, only you can decide how much they are worth to you. When you enter the arena of registry quality coins, especially those with impressive rainbow toning, the price guides basically become meaningless. For example, is the coin featured in this thread worth $900? How much is it compared to a generic untoned MS67 worth $100? How much is it compared to an MS68? Each collector must decide for themselves how much these coins are worth. You don't get the luxury of validation at this level. So how much are these coins worth in your eyes? Remember, there is no right an wrong, only opinion.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%204%20Sale/JN1943-SNGCMS67-2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JN1943-SNGCMS68.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>As Jason and I have told you, both of your points have been hashed and rehashed countless times on this forum and others. If you really want to discuss them again, we can. I told you earlier that adhering to hardened rules regarding grading will result in more unjustly graded coins than the application of market grading that uses a holistic method of grading. With respect to the line between mint state and circulated, you take Doug's long standing position that wear is wear, it doesn't matter how it got there. The TPGs don't take that same position. They will routinely grade coins that display cabinet/roll friction on the high points of the design and grade those coins as mint state. Take Saint Gaudens Double Eagles for example, almost every single Saint in existence has some measure of high point friction. By your standard, there would be no mint state examples, and every Saint that currently resides in a mint state holder would have the exact same grade: AU58. Is that fair? Does that give an accurate representation of the value of the coins? I don't really want to get into a debate about the grading of Saints because I'm still emotionally drained from arguing this same point with Doug 5 years ago. If you would like to read the debate, it can be found here.</p><p><br /></p><p><a href="https://www.cointalk.com/threads/totally-confused-difference-between-proof-and-ms.213884/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/totally-confused-difference-between-proof-and-ms.213884/">totally confused. difference between proof and ms?</a></p><p><br /></p><p>Don't worry, the title of the thread does not have much to do with the subsequent discussion.</p><p><br /></p><p>I would like to address your analogy though, as it perfectly illustrates the position of the TPG. You state that a car can't have a full tank of gas after driving it 10 miles. When you filled the gas tank, could you add one more drop of gas without the tank overflowing? How about another quarter gallon? Half gallon? The point is that the tank isn't really full, we just consider it full. And where do you draw the line of what constitutes a full tank? That is exactly what the TPGs do with respect to the issues that you are raising. They simply draw the line in a different place than you do.</p><p><br /></p><p><br /></p><p><br /></p><p>Here is the problem, you say that you have seen "cleaned" coins in problem free holders. My response is, of course you have. The TPGs don't have a rule that a cleaned coin must be considered a problem coin, and neither do you. The TPGs state quite clearly that a coin can't be "harshly" cleaned. That is much different than being cleaned. After all, if you submerge a coin in acetone to remove organic material from the coin, you have cleaned it. If you submerge a coin in an acid based dip, you have cleaned the coin. And while acetone might not change the coin at all, dipping a coin strips the outer layers of metal right off the surface of the coin. And while dipping certainly changes the surface of the coin, it is still not deemed a "harsh" cleaning method by the numismatic community. So that leads us to mechanical cleaning which typically leaves the coin damaged in the form of hairlines or worse. But what if an old AU coin was lightly cleaned so that the hairlines imparted on the coin were indecipherable from those caused by light circulation? You see where I am going? A light mechanical cleaning can still be deemed market acceptable by the TPGs. Now, are there coins that are harshly cleaned that end up in TPG plastic? Of course there are, and you are right to complain about harshly cleaned coins in TPG plastic. The real problem is what constitutes "harshly?" What constitutes circulation wear? What constitutes a "full" tank of gas?</p><p><br /></p><p><br /></p><p><br /></p><p>And in this paragraph, you actually admit that there are levels of cleaning that you are willing to accept as problem free. We can argue all day about individual coins that reside in TPG plastic, but once you accept that they simply draw the line in a different place than you do, you will then be in a position to release your frustrations.</p><p><br /></p><p>And while you might have a problem with counterstamps or chopmarks, my guess is that most collectors of a significant rarity like an 1804 Silver Dollar would not have that same reservation. In fact, the counterstamp would then serve to bolster the originality of the coin. Aren't the Brasher Dubloons counterstamped with his initials? Again, this whole discussion is about where we draw the lines of market acceptability. If your lines are different, then simply don't buy the coins that don't meet your standards. That is what the rest of us do![/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2768346, member: 15309"]Really? There are many members of this forum who despise the TPGs, their method of grading, and hold conservative grading ideology. One needs look no further than the single most vocal member of this forum, the site administrator, Doug. I'm happy you listened, researched my claim, and learned. As for the value of these "+" graded coins, only you can decide how much they are worth to you. When you enter the arena of registry quality coins, especially those with impressive rainbow toning, the price guides basically become meaningless. For example, is the coin featured in this thread worth $900? How much is it compared to a generic untoned MS67 worth $100? How much is it compared to an MS68? Each collector must decide for themselves how much these coins are worth. You don't get the luxury of validation at this level. So how much are these coins worth in your eyes? Remember, there is no right an wrong, only opinion. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%204%20Sale/JN1943-SNGCMS67-2.jpg[/IMG] [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JN1943-SNGCMS68.jpg[/IMG] As Jason and I have told you, both of your points have been hashed and rehashed countless times on this forum and others. If you really want to discuss them again, we can. I told you earlier that adhering to hardened rules regarding grading will result in more unjustly graded coins than the application of market grading that uses a holistic method of grading. With respect to the line between mint state and circulated, you take Doug's long standing position that wear is wear, it doesn't matter how it got there. The TPGs don't take that same position. They will routinely grade coins that display cabinet/roll friction on the high points of the design and grade those coins as mint state. Take Saint Gaudens Double Eagles for example, almost every single Saint in existence has some measure of high point friction. By your standard, there would be no mint state examples, and every Saint that currently resides in a mint state holder would have the exact same grade: AU58. Is that fair? Does that give an accurate representation of the value of the coins? I don't really want to get into a debate about the grading of Saints because I'm still emotionally drained from arguing this same point with Doug 5 years ago. If you would like to read the debate, it can be found here. [URL='https://www.cointalk.com/threads/totally-confused-difference-between-proof-and-ms.213884/']totally confused. difference between proof and ms?[/URL] Don't worry, the title of the thread does not have much to do with the subsequent discussion. I would like to address your analogy though, as it perfectly illustrates the position of the TPG. You state that a car can't have a full tank of gas after driving it 10 miles. When you filled the gas tank, could you add one more drop of gas without the tank overflowing? How about another quarter gallon? Half gallon? The point is that the tank isn't really full, we just consider it full. And where do you draw the line of what constitutes a full tank? That is exactly what the TPGs do with respect to the issues that you are raising. They simply draw the line in a different place than you do. Here is the problem, you say that you have seen "cleaned" coins in problem free holders. My response is, of course you have. The TPGs don't have a rule that a cleaned coin must be considered a problem coin, and neither do you. The TPGs state quite clearly that a coin can't be "harshly" cleaned. That is much different than being cleaned. After all, if you submerge a coin in acetone to remove organic material from the coin, you have cleaned it. If you submerge a coin in an acid based dip, you have cleaned the coin. And while acetone might not change the coin at all, dipping a coin strips the outer layers of metal right off the surface of the coin. And while dipping certainly changes the surface of the coin, it is still not deemed a "harsh" cleaning method by the numismatic community. So that leads us to mechanical cleaning which typically leaves the coin damaged in the form of hairlines or worse. But what if an old AU coin was lightly cleaned so that the hairlines imparted on the coin were indecipherable from those caused by light circulation? You see where I am going? A light mechanical cleaning can still be deemed market acceptable by the TPGs. Now, are there coins that are harshly cleaned that end up in TPG plastic? Of course there are, and you are right to complain about harshly cleaned coins in TPG plastic. The real problem is what constitutes "harshly?" What constitutes circulation wear? What constitutes a "full" tank of gas? And in this paragraph, you actually admit that there are levels of cleaning that you are willing to accept as problem free. We can argue all day about individual coins that reside in TPG plastic, but once you accept that they simply draw the line in a different place than you do, you will then be in a position to release your frustrations. And while you might have a problem with counterstamps or chopmarks, my guess is that most collectors of a significant rarity like an 1804 Silver Dollar would not have that same reservation. In fact, the counterstamp would then serve to bolster the originality of the coin. Aren't the Brasher Dubloons counterstamped with his initials? Again, this whole discussion is about where we draw the lines of market acceptability. If your lines are different, then simply don't buy the coins that don't meet your standards. That is what the rest of us do![/QUOTE]
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