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<p>[QUOTE="princeofwaldo, post: 1589752, member: 24091"]Pretty accurate assessment of the situation, especially as regards grading. In some ways, grading world coins without established standards has resulted in much more accurate grades than with their US counterparts, especially in the circulated grades. Whereas there are generally accepted grading standards for US coins that key-in on specific features of a coin, most world coin enthusiasts have a much more comprehensive approach to grading. That is, just because the buffalo has a full horn doesn't guarantee a certain grade if the rest of the coin lacks eye appeal. And I for one think that's really how it ought to be. That's not to say some of the markers for strike on US coins are not a good thing, FH quarters and FSB on dimes are an important criteria for those specific issues and unfortunately such information is not something that lends itself to world issues. Never the less, even a novice can quickly recognize what a coin with a weak strike looks like. </p><p><br /></p><p>Also agree with GDJMSP on Krause coin valuations. But here is the interesting thing about it. Whereas US coin guides generally overstate the value of a coin, it is much more common for a coin in Krause to be valued at the minimum of what it is worth, especially if it is a scarce coin. In true UNC or BU the actual value may be many times what is listed in Krause. Even in a grade like MS62. Have a look, 4 times catalog even when the coin is borderline for the grade:</p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FEGYPT-NGC-MS-62-1920-H-2-TWO-PIASTRE-PIASTRES-SILVER-OCCUPATIONAL-COINAGE-%2F230891438010" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FEGYPT-NGC-MS-62-1920-H-2-TWO-PIASTRE-PIASTRES-SILVER-OCCUPATIONAL-COINAGE-%2F230891438010" rel="nofollow">http://www.ebay.com/itm/EGYPT-NGC-MS-62-1920-H-2-TWO-PIASTRE-PIASTRES-SILVER-OCCUPATIONAL-COINAGE-/230891438010</a>[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1589752, member: 24091"]Pretty accurate assessment of the situation, especially as regards grading. In some ways, grading world coins without established standards has resulted in much more accurate grades than with their US counterparts, especially in the circulated grades. Whereas there are generally accepted grading standards for US coins that key-in on specific features of a coin, most world coin enthusiasts have a much more comprehensive approach to grading. That is, just because the buffalo has a full horn doesn't guarantee a certain grade if the rest of the coin lacks eye appeal. And I for one think that's really how it ought to be. That's not to say some of the markers for strike on US coins are not a good thing, FH quarters and FSB on dimes are an important criteria for those specific issues and unfortunately such information is not something that lends itself to world issues. Never the less, even a novice can quickly recognize what a coin with a weak strike looks like. Also agree with GDJMSP on Krause coin valuations. But here is the interesting thing about it. Whereas US coin guides generally overstate the value of a coin, it is much more common for a coin in Krause to be valued at the minimum of what it is worth, especially if it is a scarce coin. In true UNC or BU the actual value may be many times what is listed in Krause. Even in a grade like MS62. Have a look, 4 times catalog even when the coin is borderline for the grade: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2FEGYPT-NGC-MS-62-1920-H-2-TWO-PIASTRE-PIASTRES-SILVER-OCCUPATIONAL-COINAGE-%2F230891438010"]http://www.ebay.com/itm/EGYPT-NGC-MS-62-1920-H-2-TWO-PIASTRE-PIASTRES-SILVER-OCCUPATIONAL-COINAGE-/230891438010[/URL][/QUOTE]
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