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<p>[QUOTE="brg5658, post: 1245169, member: 29751"]Firstly, thanks for such a complete response. However, you still miss the point. I can search the web as well as the next guy, so I already know the definitions of the two main TPGs. That doesn't mean there is any consistency (which is what my argument has been all along).</p><p><br /></p><p>Let me use as an example one that I already have. </p><p><br /></p><p>The 1950 Essai struck 100F from Monaco (KM-E34 Silver) had a total mintage of 500 coins. Of those 500 minted, NGC has graded a total of 8 of those. Of those 8 graded, 2 of them were given "MS" strike designation, whereas 6 were given the "PF" designation. PCGS has graded one of these coins, and it is the one in my collection, graded "SP". "Essai" basically translates as "Trial", so maybe this is the reason for some of the confusion.</p><p><br /></p><p>2nd example: The Satin Finish coins from U.S. mint sets in 2005-2010 are given designations of both "SP" and "MS" by PCGS. I have coins graded MS69 Satin Finish, and SP69 Satin Finish. My understanding of why they did this is because there is "special handling" of these coins, but they are not double struck (and thus not Proofs). That's fine and dandy, but my point is that they now have slabs with both designations and thus inconsistency.</p><p><br /></p><p>SO NOW, I have given you examples of one TPG company using both "PF" and "MS" for the exact same struck coin, and another TPG using both "MS" and "SP" for exactly the same coin. I never claimed that the <u><b>manufacture process</b></u> was what I was confused about. What I am confused about is how every combination and permutation of the designations can be used apparently interchangeably by the TPGs. There is a difference between <u><i>textbook definitions</i></u> of the minting/manufacture process and what <u><i>actually makes it on the slab</i></u> of graded coins.</p><p><br /></p><p>Fin.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1245169, member: 29751"]Firstly, thanks for such a complete response. However, you still miss the point. I can search the web as well as the next guy, so I already know the definitions of the two main TPGs. That doesn't mean there is any consistency (which is what my argument has been all along). Let me use as an example one that I already have. The 1950 Essai struck 100F from Monaco (KM-E34 Silver) had a total mintage of 500 coins. Of those 500 minted, NGC has graded a total of 8 of those. Of those 8 graded, 2 of them were given "MS" strike designation, whereas 6 were given the "PF" designation. PCGS has graded one of these coins, and it is the one in my collection, graded "SP". "Essai" basically translates as "Trial", so maybe this is the reason for some of the confusion. 2nd example: The Satin Finish coins from U.S. mint sets in 2005-2010 are given designations of both "SP" and "MS" by PCGS. I have coins graded MS69 Satin Finish, and SP69 Satin Finish. My understanding of why they did this is because there is "special handling" of these coins, but they are not double struck (and thus not Proofs). That's fine and dandy, but my point is that they now have slabs with both designations and thus inconsistency. SO NOW, I have given you examples of one TPG company using both "PF" and "MS" for the exact same struck coin, and another TPG using both "MS" and "SP" for exactly the same coin. I never claimed that the [U][B]manufacture process[/B][/U] was what I was confused about. What I am confused about is how every combination and permutation of the designations can be used apparently interchangeably by the TPGs. There is a difference between [U][I]textbook definitions[/I][/U] of the minting/manufacture process and what [U][I]actually makes it on the slab[/I][/U] of graded coins. Fin.[/QUOTE]
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