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<p>[QUOTE="Insider, post: 4602748, member: 24314"]messydesk, posted: "MS is where most of the money occurs."</p><p><br /></p><p><i><span style="color: #660066">Value & Grading don't mix at all. Money is the root of many problems including greed. Who wouldn't want to have their own "bank."</span></i> </p><p><br /></p><p>micbraun, posted:"I’d <span style="color: #b30000">ban modern coins</span> entirely and would only focus on truly collectible coins" <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><i><span style="color: #660066">First, that was already tried. It didn't work out. Second, I'll bet a lot of collectors hope you don't get your way.</span></i></p><p><br /></p><p>"Some other ideas:</p><p>- there would be 3 instead of two types of grades: 1) straight grade 2) details/minor issue 3) details/major issues such as harsh cleaning, polishing or graffiti</p><p>- in order to qualify for an MS grade, a coin actually needs to be uncirculated Lol</p><p>- no plus grades, but an AU58 would need to be an outstanding coin with minimal wear only, star grades are used</p><p>- variety attribution is always included, it’s not optional</p><p>- high res pictures are always taken before the coin is graded; pictures are displayed on the certificate screen</p><p>- <b>all 3 graders stay in the room until they agree on a grade."</b></p><p><br /></p><p><i><span style="color: #660066">In the ideal world, there would be more discussion of grades. Keeping folks penned up until a verdict is reached would work more often than not. Now, the finalizer makes sure the "line" is held w/o much discussion. You would be surprised at how fast a knowledgeable grader can "get with the company standards."</span></i></p><p><br /></p><p>Lehigh96, posted: "I have often said on this forum that a coin can be graded multiple times, with different grades, and each time still be graded correctly."</p><p><br /></p><p><i><span style="color: #660066">I agree and disagree at the same time. I use a version of this example in class:</span></i></p><p><br /></p><p><i><span style="color: #660066">There is a group of stars called the Pleiades. Depending on the vision of the observer or the magnification used, the number of stars seen will change by a large amount. Yet, <b>each observer's # is correct for them.</b> If I examine a coin at 10X with both eyes and florescent light, my comments regarding the coin's condition of preservation just might be more correct than a very successful coin dealer's with fifty years of experience. HOWEVER, his opinion is the only one that counts in the marketplace.</span></i> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>"How many times have you looked at a coin and thought, that coin is high end MS64 or low end MS65? If you think of each numerical grade incrementally from MS6X.0 to MS6X.9 and then consider that a coin will never have a perfect number, but rather a range of grades about a half grade long, then a coin could easily be graded MS64 one day, MS65 the next, and still be correct both days. We assign a specific grade, but in actuality, the coin has a grading range. So when we run into a coin with an MS64.8-MS65.3 range, we then are forced to decide which grade to choose. Often that choice depends upon personal preferences of the grader.</p><p><br /></p><p>Perhaps if we shifted our mindset from each coin having an exact grade to each coin having a correct grading range, we will in a position to better understand and accept the inherent subjectivity in grading."</p><p><br /></p><p><i><span style="color: #660066">That's what the major grades once did. G, VG, F, etc. They indicated a "range."</span></i></p><p><br /></p><p>BlackberryPie, posted: "Why not add an in house CAC like service too? They can be the 4th, 5th, and 6th person." </p><p><br /></p><p><i><span style="color: #660066">We already grade by committee.</span></i>[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 4602748, member: 24314"]messydesk, posted: "MS is where most of the money occurs." [I][COLOR=#660066]Value & Grading don't mix at all. Money is the root of many problems including greed. Who wouldn't want to have their own "bank."[/COLOR][/I] micbraun, posted:"I’d [COLOR=#b30000]ban modern coins[/COLOR] entirely and would only focus on truly collectible coins" :) [I][COLOR=#660066]First, that was already tried. It didn't work out. Second, I'll bet a lot of collectors hope you don't get your way.[/COLOR][/I] "Some other ideas: - there would be 3 instead of two types of grades: 1) straight grade 2) details/minor issue 3) details/major issues such as harsh cleaning, polishing or graffiti - in order to qualify for an MS grade, a coin actually needs to be uncirculated Lol - no plus grades, but an AU58 would need to be an outstanding coin with minimal wear only, star grades are used - variety attribution is always included, it’s not optional - high res pictures are always taken before the coin is graded; pictures are displayed on the certificate screen - [B]all 3 graders stay in the room until they agree on a grade."[/B] [I][COLOR=#660066]In the ideal world, there would be more discussion of grades. Keeping folks penned up until a verdict is reached would work more often than not. Now, the finalizer makes sure the "line" is held w/o much discussion. You would be surprised at how fast a knowledgeable grader can "get with the company standards."[/COLOR][/I] Lehigh96, posted: "I have often said on this forum that a coin can be graded multiple times, with different grades, and each time still be graded correctly." [I][COLOR=#660066]I agree and disagree at the same time. I use a version of this example in class:[/COLOR][/I] [I][COLOR=#660066]There is a group of stars called the Pleiades. Depending on the vision of the observer or the magnification used, the number of stars seen will change by a large amount. Yet, [B]each observer's # is correct for them.[/B] If I examine a coin at 10X with both eyes and florescent light, my comments regarding the coin's condition of preservation just might be more correct than a very successful coin dealer's with fifty years of experience. HOWEVER, his opinion is the only one that counts in the marketplace.[/COLOR][/I] :D "How many times have you looked at a coin and thought, that coin is high end MS64 or low end MS65? If you think of each numerical grade incrementally from MS6X.0 to MS6X.9 and then consider that a coin will never have a perfect number, but rather a range of grades about a half grade long, then a coin could easily be graded MS64 one day, MS65 the next, and still be correct both days. We assign a specific grade, but in actuality, the coin has a grading range. So when we run into a coin with an MS64.8-MS65.3 range, we then are forced to decide which grade to choose. Often that choice depends upon personal preferences of the grader. Perhaps if we shifted our mindset from each coin having an exact grade to each coin having a correct grading range, we will in a position to better understand and accept the inherent subjectivity in grading." [I][COLOR=#660066]That's what the major grades once did. G, VG, F, etc. They indicated a "range."[/COLOR][/I] BlackberryPie, posted: "Why not add an in house CAC like service too? They can be the 4th, 5th, and 6th person." [I][COLOR=#660066]We already grade by committee.[/COLOR][/I][/QUOTE]
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