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<p>[QUOTE=&quot;Lehigh96, post: 5181987, member: 15309&quot;]While I agree with your overall point that grades are not fixed, I don’t know how much the graders mood really factors into the equation.</p><p><br /></p><p>I have always contended that coins don’t have a correct grade, they have a correct grade range, and often times that grade range can span a half point.&nbsp; So let’s say a coin has a grade range of MS64.8 to MS65.3.&nbsp; We’ve all seen coins where we were stuck about whether the coin was a PQ 64 or a low end GEM.&nbsp; My contention that the same coin can be graded twice, receive different grades, and both grades be correct.&nbsp; The decision to call the coin 64 or 65 will usually come down to the grading philosophy of the grader and the attributes of the coin.&nbsp; Let’s say the coin in question had MS64 surfaces but premium gem luster and strike with attractive (not monster) toning.&nbsp; The graders who hold surface preservation paramount would likely grade the coin MS64 or MS64+ whereas the holistic graders who judge more based on overall appearance would likely grade the coin MS65.</p><p><br /></p><p>That isn’t to say that your “bad day” scenario doesn’t happen, I just think that the inherent subjectivity in grading is what causes coins to change grade over time.[/QUOTE]</p><p><br /></p>

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