Message:

<p>[QUOTE=&quot;GDJMSP, post: 1212784, member: 112&quot;]Have you ever read the ANA standards ? If not, you should. You should also be aware that no TPG uses the ANA grading standards. Every one of them uses their own, individual set of grading standards.</p><p><br /></p><p>Have you ever looked at coins, other than bullion or commem issues, that have been graded MS69 ? You should do this as well for it will make you familiar with what the TPGs consider 69 quality.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>No it isn&#039;t. Nor did I say that I agreed with the grade. But then that wasn&#039;t your question. You asked if the number and location of the marks were commonly found on coins graded 69. And the answer to that is definitely yes.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>And that is exactly what the definition of a 70 is. Even a 70 is not perfect, it is merely as close as you can get. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>For some reason people get hung up on this. They seem to think that it must by necessity take a while to properly grade a coin. It doesn&#039;t. For people that <u>know</u> how to grade it only takes a few seconds to properly and accurately grade a coin. But people seem to think that just because they can&#039;t do it themselves that nobody else can, or should be able to, either. </p><p><br /></p><p>As far as the statement that an NGC grader grades 800 coins a day, they grade several times that many in a day.</p><p><br /></p><p>And it always seems that people are shocked to learn that 95% of all grading is done with the naked eye - and correctly so. When it comes to grading a loupe is only used when grading the ultra-high grades. The key there is in understanding the words &quot;when grading&quot;. A loupe is simply not needed for grading the vast majority of the time. Typically a loupe is only used when authenticating a coin, or when trying to identify a particular variety - both things that have nothing to do with grading. Or - when grading the ultra-high grades like 69 &amp; 70. But since very, very, very few coins are worthy of that grade - a loupe is seldom needed when grading.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Would you ? Perhaps you need to read those basic standards again - </p><p><br /></p><p><i><b>MS 69</b> - This is a coin that should create a gasp when viewed. There should be no imperfections <u>to the naked eye</u>. With a magnifying glass a minor mark or impediment may be visible. </i></p><p><i><br /></i></p><p><i></i>Pay particular attention to the underlined section, then look at your coin. Your pictures greatly magnify the coin. I&#039;m not denying that marks you describe are there, but can you actually see them with the naked eye ? I&#039;d wager that most would not. But I do agree that the wording they use is misleading when they say &quot;a minor mark&quot;. Even the ANA standards, which are the strictest standards we have, dictate that a coin can have at least 2 minor marks and still be correctly graded as a 69. But nobody uses or follows the ANA standards, except private individuals.</p><p><br /></p><p>That said, even if the ANA standards were used, your coin would grade a 68.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in