Message:

<p>[QUOTE=&quot;imrich, post: 2601714, member: 22331&quot;]Unfortunately, it isn&#039;t only the dealers/buyers/sellers that don&#039;t have a grasp of grading uniformity, the same is generally true of the TPG.</p><p><br /></p><p>For several years we have been doing an independent study of actual grading standards between high volume dealers who regularly submit expensive coins to the 2 &quot;top tier&quot; TPG, and the disparities of the grading between those TPG.</p><p><br /></p><p>The dealers will always closely inspect the coins which have been removed from one TPGs slab for submission to the other, stating the expected grade, offering that the coin shouldn&#039;t be submitted as it is only an AU, or it has been cleaned.</p><p><br /></p><p>I virtually never submit a coin less than MS unless it&#039;s a semi-key, and only submit a &quot;cleaned&quot; stated coin unless I believe it&#039;s acceptable to the 2nd TPG. The high-volume dealers are shipping $30K-60K of coins at a time and are fearful of a singular cleaned or AU coin, diminishing the grades for the entire lot, and reject any coin of believed condition.</p><p><br /></p><p>The high-volume dealers appear to be correct about half the time, as the coins they reject are just submitted through a low volume dealer (e.g. 10 coins or less) to determine both their accuracy and that of the respective secondary TPG. The 2 TPG generally don&#039;t concur but ~30% of the time. Their grades have varied regularly 1-3 grades, dependent on the TPG, coin scarcity, and some predictable factors for a specific TPG.</p><p><br /></p><p>The value difference disparity between dealers and TPG for a given coin can vary as much as several thousand dollars.</p><p><br /></p><p>Based on past and current independent studies, I believe that they have shown there isn&#039;t adequate standards/uniformity for anyone to protect an investment in Numismatic items. It doesn&#039;t appear that anyone can accurately proclaim the value of a collection. I find that horrible!</p><p><br /></p><p>I found the following article interesting:</p><p><a href="http://www.coinweek.com/education/coin-grading/how-will-coin-collectors-interpret-certified-coin-grades-in-the-future/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinweek.com/education/coin-grading/how-will-coin-collectors-interpret-certified-coin-grades-in-the-future/" rel="nofollow">http://www.coinweek.com/education/coin-grading/how-will-coin-collectors-interpret-certified-coin-grades-in-the-future/</a></p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in