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If NGC wants us to take them seriously, they need to stop lying.
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<p>[QUOTE="dougsmit, post: 2549292, member: 19463"]If we define mint state as perfection, relatively few ancients left the mint that way. The differences in strike on US coins between a MS61 and MS69 is relatively little but there are ancients which never had better than Fine Details when they were made. This really makes it hard to force a rating into one of just five strike levels. I still believe that grading ancient coins is a pointless activity because of the need to decide which of several factors counts more and which can be ignored and still allow a coin top marks. We had to grade coins when we were buying from unillustrated lists but in this day of photos being expected for $5 coins, we might be as well off just rating how a coin strikes us compared to its photo than how it compared to an indefinable standard. With any system, who will pay for a coin marked 'less than average' or 'almost worst known'. Business and truth are hard to make play nicely together.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2549292, member: 19463"]If we define mint state as perfection, relatively few ancients left the mint that way. The differences in strike on US coins between a MS61 and MS69 is relatively little but there are ancients which never had better than Fine Details when they were made. This really makes it hard to force a rating into one of just five strike levels. I still believe that grading ancient coins is a pointless activity because of the need to decide which of several factors counts more and which can be ignored and still allow a coin top marks. We had to grade coins when we were buying from unillustrated lists but in this day of photos being expected for $5 coins, we might be as well off just rating how a coin strikes us compared to its photo than how it compared to an indefinable standard. With any system, who will pay for a coin marked 'less than average' or 'almost worst known'. Business and truth are hard to make play nicely together.[/QUOTE]
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If NGC wants us to take them seriously, they need to stop lying.
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