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<p>[QUOTE="eddiespin, post: 1237322, member: 4920"]It's a rhetorical question, really. Of course market grading is more volatile than technical grading as market grading is susceptible to market fluctuations. It's like asking whether stock prices are volatile. Market grades are really just that, market prices couched in the terminology of grades.</p><p><br /></p><p>OK, so I answered my own question, so now you're all off the hook. Well, not so fast. What does that mean to collectors? That's the question. </p><p><br /></p><p>In other words, just as a hypothetical, let's take that "raw" coin on eBay you think you like, the one the seller is representing as a MS-64. Go with me, here. It's a 1931-S BN Lincoln Cent, gently toned with blues and reds. You've been around the block, you've seen the auctions, you can see it at that grade. Then, again, it could grade AU-58, in-hand, even lower. Are you asking yourself, "Will it grade?" Let me translate that: "Will it get into plastic?" What about that lovely toning it has, what do you make of that? Are you asking yourself whether that will pass the PCGS "coin sniffer?" That would be just terrible if it didn't, wouldn't it? It would come back "QT," without a grade. Uh oh. Then you don't have any permission to like it anymore! Neither, for that matter, does anybody else!</p><p><br /></p><p>I guess I'm just really trying to make a statement, here, folks. Learn how to technical grade. When you get into MS, all that really involves is an assessment of the coin's condition based on contacts and luster. That's the grade that doesn't fluctuate, provided you keep the coin right. Believe me when I tell you, you'll be a happier collector for it. </p><p><br /></p><p>Oh, and one more thing. If I ever hear anybody ask, again, another question of the form, "Hey, gang, I just love the toning on this coin--I hope it's not AT," I think I'm going to choke![/QUOTE]</p><p><br /></p>
[QUOTE="eddiespin, post: 1237322, member: 4920"]It's a rhetorical question, really. Of course market grading is more volatile than technical grading as market grading is susceptible to market fluctuations. It's like asking whether stock prices are volatile. Market grades are really just that, market prices couched in the terminology of grades. OK, so I answered my own question, so now you're all off the hook. Well, not so fast. What does that mean to collectors? That's the question. In other words, just as a hypothetical, let's take that "raw" coin on eBay you think you like, the one the seller is representing as a MS-64. Go with me, here. It's a 1931-S BN Lincoln Cent, gently toned with blues and reds. You've been around the block, you've seen the auctions, you can see it at that grade. Then, again, it could grade AU-58, in-hand, even lower. Are you asking yourself, "Will it grade?" Let me translate that: "Will it get into plastic?" What about that lovely toning it has, what do you make of that? Are you asking yourself whether that will pass the PCGS "coin sniffer?" That would be just terrible if it didn't, wouldn't it? It would come back "QT," without a grade. Uh oh. Then you don't have any permission to like it anymore! Neither, for that matter, does anybody else! I guess I'm just really trying to make a statement, here, folks. Learn how to technical grade. When you get into MS, all that really involves is an assessment of the coin's condition based on contacts and luster. That's the grade that doesn't fluctuate, provided you keep the coin right. Believe me when I tell you, you'll be a happier collector for it. Oh, and one more thing. If I ever hear anybody ask, again, another question of the form, "Hey, gang, I just love the toning on this coin--I hope it's not AT," I think I'm going to choke![/QUOTE]
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