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hone your grading skills -- 1839 large cent
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<p>[QUOTE="GDJMSP, post: 616419, member: 112"]I rather think it is going to be harder and harder to guess what grades they are assigning because it seems they are no longer grading coins based on a set of standards at all. </p><p><br /></p><p>Just think of all the duscussions that we have had over the past year or so - coins aren't being graded anymore. When coins are graded the assigned grade is based on several things acording to both ANA standards and PCGS standards - contact marks, hairlines, luster, eye appeal and quality of strike. </p><p><br /></p><p>However, there is also one criteria that you will <b>NOT</b> find listed in either set of grading standards and that is used only by the TPG's - VALUE ! And it seems that is the one and only criteria that the TPG's are using anymore. They look at a coin, say it's worth $X dollars, and assign a grade according to that value.</p><p><br /></p><p>That is not grading - that is pricing. And no, you're not gonna argue and tell me that it is market grading either - it isn't. Market grading is a concept that was developed over many years and finally accepted by both the ANA and the TPG's in 1986. And it was absolutely not based on <b>value</b>, but rather the criteria I listed above.</p><p><br /></p><p>But if one closely examines just about any of the coins graded in the past year or two - those established grading criteria have been thrown out the window. Even novice and intermediate collectors can see this with their own eyes as can be evidenced by the multitude of threads and posts on the subject.</p><p><br /></p><p>'Tis truly sad.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 616419, member: 112"]I rather think it is going to be harder and harder to guess what grades they are assigning because it seems they are no longer grading coins based on a set of standards at all. Just think of all the duscussions that we have had over the past year or so - coins aren't being graded anymore. When coins are graded the assigned grade is based on several things acording to both ANA standards and PCGS standards - contact marks, hairlines, luster, eye appeal and quality of strike. However, there is also one criteria that you will [B]NOT[/B] find listed in either set of grading standards and that is used only by the TPG's - VALUE ! And it seems that is the one and only criteria that the TPG's are using anymore. They look at a coin, say it's worth $X dollars, and assign a grade according to that value. That is not grading - that is pricing. And no, you're not gonna argue and tell me that it is market grading either - it isn't. Market grading is a concept that was developed over many years and finally accepted by both the ANA and the TPG's in 1986. And it was absolutely not based on [B]value[/B], but rather the criteria I listed above. But if one closely examines just about any of the coins graded in the past year or two - those established grading criteria have been thrown out the window. Even novice and intermediate collectors can see this with their own eyes as can be evidenced by the multitude of threads and posts on the subject. 'Tis truly sad.[/QUOTE]
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hone your grading skills -- 1839 large cent
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