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<p>[QUOTE="messydesk, post: 4602095, member: 1765"]If you look at high population older coins (Morgan, Peace dollars, classic commems, war date halves, ...) you'll see a similar bell curve. I don't know if the distribution of abuse a coin receives after being struck and before being considered worn is a normal distribution, but wouldn't be surprised if it were.</p><p><br /></p><p><br /></p><p>If you look at the trend of Proof and bullion ASEs, there is a large population in the highest grade and it is a growing percentage of the total population over the past several years. This is due to additional defect mitigation steps taken by the mint, which is fully aware that customers want perfection.</p><p><br /></p><p>The coins are struck on normal presses and not hand fed, so there is plenty of opportunity for contact with other coins after striking. The mint set coins are no longer just scooped out of a regular production line, though. They are handled with some extra care to make sure they're above average.</p><p><br /></p><p>As for you question about quotas, you'll never get an official answer to that other than that if the coin fits the grade, it gets the grade. Going back to ASEs, if you look at the pops, the number of 70s is going up. The market needs these to be more special than something, so it's in almost everyone's interest for there to be a significant number of lower grades so that the premium on the 70s more than makes up for the grading cost. One could argue here that this is where quotas come into play at TPGs, and it's reasonable to think that bulk modern graders looking at monster box after monster box of these things are going to become numb to the differences between coins and just start assigning grades arbitrarily to fit a pre-defined ratio. There's no evidence of this other than anecdotal mis-graded coins that are more easily explained by fatigue and human error.[/QUOTE]</p><p><br /></p>
[QUOTE="messydesk, post: 4602095, member: 1765"]If you look at high population older coins (Morgan, Peace dollars, classic commems, war date halves, ...) you'll see a similar bell curve. I don't know if the distribution of abuse a coin receives after being struck and before being considered worn is a normal distribution, but wouldn't be surprised if it were. If you look at the trend of Proof and bullion ASEs, there is a large population in the highest grade and it is a growing percentage of the total population over the past several years. This is due to additional defect mitigation steps taken by the mint, which is fully aware that customers want perfection. The coins are struck on normal presses and not hand fed, so there is plenty of opportunity for contact with other coins after striking. The mint set coins are no longer just scooped out of a regular production line, though. They are handled with some extra care to make sure they're above average. As for you question about quotas, you'll never get an official answer to that other than that if the coin fits the grade, it gets the grade. Going back to ASEs, if you look at the pops, the number of 70s is going up. The market needs these to be more special than something, so it's in almost everyone's interest for there to be a significant number of lower grades so that the premium on the 70s more than makes up for the grading cost. One could argue here that this is where quotas come into play at TPGs, and it's reasonable to think that bulk modern graders looking at monster box after monster box of these things are going to become numb to the differences between coins and just start assigning grades arbitrarily to fit a pre-defined ratio. There's no evidence of this other than anecdotal mis-graded coins that are more easily explained by fatigue and human error.[/QUOTE]
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