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Is market grading more volatile than technical grading?
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<p>[QUOTE="GDJMSP, post: 1239295, member: 112"]No argument, nor do I advocate using technical grading.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>But that is not the goal, nor should it be. The goal of grading a coin is to establish the condition of the coin, not the price. Of course making such a statement, or believing that that is what the TPGs are doing, does make for a handy cop-out/excuse/assumption (chose your word) to explain the actions of the TPGs.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Well Mike, if it was only the coins with exceptional eye appeal, or those with exceptional luster, or those with exceptional strike, that got the higher grades - I might even agree with you. For those are the things that make up the primary differences between technical grading and market grading. And make no mistake, I am and have been an advocate of market grading since its inception. At least if it used the way it was intended to be used.</p><p><br /></p><p>But now tell me Mike, do things like a having a certain pedigree, being particularly rare, or being particularly valuable - are you trying to get me to believe that these attributes make a coin worthy of having a higher grade than a comparable coin that does no thave these attributes ? I certainly don't believe they do. But yet that's how the TPGs grade them.</p><p><br /></p><p>And what about all the coins that were graded by these same TPGs 10, 15, 20 years ago as AU55 or AU58 and are today graded as MS62 or MS63. or the ones that were graded as 63 and are today being graded as 64 or 65. Or the 65's that are today 66's ? The list goes on. </p><p><br /></p><p>It is with these coins where the market grading system is being abused and used as an excuse to get the buying public to buy into the actions of the TPGs. It is with these coins that I have a problem. For with these coins the TPGs are no longer using the market grading system, they are using the value grading system. And that is what the world needs to recognize. They need to recognize that there is a new, a third grading system, not technical grading, and not market grading. But value grading.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1239295, member: 112"]No argument, nor do I advocate using technical grading. But that is not the goal, nor should it be. The goal of grading a coin is to establish the condition of the coin, not the price. Of course making such a statement, or believing that that is what the TPGs are doing, does make for a handy cop-out/excuse/assumption (chose your word) to explain the actions of the TPGs. Well Mike, if it was only the coins with exceptional eye appeal, or those with exceptional luster, or those with exceptional strike, that got the higher grades - I might even agree with you. For those are the things that make up the primary differences between technical grading and market grading. And make no mistake, I am and have been an advocate of market grading since its inception. At least if it used the way it was intended to be used. But now tell me Mike, do things like a having a certain pedigree, being particularly rare, or being particularly valuable - are you trying to get me to believe that these attributes make a coin worthy of having a higher grade than a comparable coin that does no thave these attributes ? I certainly don't believe they do. But yet that's how the TPGs grade them. And what about all the coins that were graded by these same TPGs 10, 15, 20 years ago as AU55 or AU58 and are today graded as MS62 or MS63. or the ones that were graded as 63 and are today being graded as 64 or 65. Or the 65's that are today 66's ? The list goes on. It is with these coins where the market grading system is being abused and used as an excuse to get the buying public to buy into the actions of the TPGs. It is with these coins that I have a problem. For with these coins the TPGs are no longer using the market grading system, they are using the value grading system. And that is what the world needs to recognize. They need to recognize that there is a new, a third grading system, not technical grading, and not market grading. But value grading.[/QUOTE]
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