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<p>[QUOTE="medoraman, post: 1943438, member: 26302"]It all goes back to the wrong decision in the early days of US coin collecting. Back then, they decided for some unknown reason wear is the worst damage a coin can have. That is the only explanation why uncirculated can be a beat to hell coin yet will grade higher than a clean, attractive AU coin. That is the error, to say wear by definition is a more serious fault than a ding from two coins hitting each other. That is the foundational error that was made, and the foundational error we live with. It it simply not true in other areas of collecting like ancient coins. There, to be the equivalent of our highest grade, a coin needs all details. It does not matter WHY the detail is not there, be it dings, wear, weak strike, etc. We do not care WHY, only the fact of is it there or not?</p><p><br /></p><p>In a way, the TPG's in my view ARE trying to correct this error. I would actually be cheering them for their actions IF they would be honest about it. They should simply announce, "the idea that wear is worst than dings is ludicrus, so we are dropping all descriptive grades and grading on a 1-70 scale based upon overall condition of the coin regardless of reason". I would LOVE that. Some coins that technically have never circulated should be a 45 at best, they are so dinged up. Other coins that might have circulated a little should be 64's since they are very attractive and the only damage is a touch of high point wear. So, in reality, I DO agree with where they are going with it, but strongly object what they are doing because they are not being honest about it. They are coming up with lies to justify why they are grading slightly worn coins as BU. They should just admit they are "fixing" the greatest error in grading scales this country has made.</p><p><br /></p><p>Maybe next they can get rid of the whole "weak strike, worn dies, etc" crap. Are the details there or not? Shouldn't that all we as collectors care about?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1943438, member: 26302"]It all goes back to the wrong decision in the early days of US coin collecting. Back then, they decided for some unknown reason wear is the worst damage a coin can have. That is the only explanation why uncirculated can be a beat to hell coin yet will grade higher than a clean, attractive AU coin. That is the error, to say wear by definition is a more serious fault than a ding from two coins hitting each other. That is the foundational error that was made, and the foundational error we live with. It it simply not true in other areas of collecting like ancient coins. There, to be the equivalent of our highest grade, a coin needs all details. It does not matter WHY the detail is not there, be it dings, wear, weak strike, etc. We do not care WHY, only the fact of is it there or not? In a way, the TPG's in my view ARE trying to correct this error. I would actually be cheering them for their actions IF they would be honest about it. They should simply announce, "the idea that wear is worst than dings is ludicrus, so we are dropping all descriptive grades and grading on a 1-70 scale based upon overall condition of the coin regardless of reason". I would LOVE that. Some coins that technically have never circulated should be a 45 at best, they are so dinged up. Other coins that might have circulated a little should be 64's since they are very attractive and the only damage is a touch of high point wear. So, in reality, I DO agree with where they are going with it, but strongly object what they are doing because they are not being honest about it. They are coming up with lies to justify why they are grading slightly worn coins as BU. They should just admit they are "fixing" the greatest error in grading scales this country has made. Maybe next they can get rid of the whole "weak strike, worn dies, etc" crap. Are the details there or not? Shouldn't that all we as collectors care about?[/QUOTE]
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