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Is it really possible that only PCGS and NGC get it right?
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<p>[QUOTE="WingedLiberty, post: 2279375, member: 26030"]DavidSetreeRareCoins ... Great minds!</p><p><br /></p><p>I wonder if a better way to represent a coins grade would be a "bar chart" for each coin with a statistical probability of various grade numbers.</p><p><br /></p><p>Say for my 1975-S</p><p><br /></p><p>PR64 = 10%</p><p>PR65 = 30%</p><p>PR66 = 40%</p><p>PR67 = 20%</p><p><br /></p><p>BN = 90%</p><p>RB = 10%</p><p>RD = 0%</p><p><br /></p><p>So the most likely CORRECT grade for my 1975-S would be PR66BN. And would likely be the most COMMONLY returned grade on that coin if I cracked it out and submitted it raw say 20 times.</p><p><br /></p><p><img src="https://mindstar.com/cointalk_photos/TV_Black_1975bluemoon5.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>However you would need to be a millionaire and bored to tears to do all that submitting and statistical probability calculating. So most people are happy with just a single instantaneous opinion. Most collectors just don't CARE that much (however 1 point can make a huge difference in price for certain dates/mints -- so there is that financial aspect).[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 2279375, member: 26030"]DavidSetreeRareCoins ... Great minds! I wonder if a better way to represent a coins grade would be a "bar chart" for each coin with a statistical probability of various grade numbers. Say for my 1975-S PR64 = 10% PR65 = 30% PR66 = 40% PR67 = 20% BN = 90% RB = 10% RD = 0% So the most likely CORRECT grade for my 1975-S would be PR66BN. And would likely be the most COMMONLY returned grade on that coin if I cracked it out and submitted it raw say 20 times. [IMG]https://mindstar.com/cointalk_photos/TV_Black_1975bluemoon5.jpg[/IMG] However you would need to be a millionaire and bored to tears to do all that submitting and statistical probability calculating. So most people are happy with just a single instantaneous opinion. Most collectors just don't CARE that much (however 1 point can make a huge difference in price for certain dates/mints -- so there is that financial aspect).[/QUOTE]
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Is it really possible that only PCGS and NGC get it right?
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