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<p>[QUOTE="Insider, post: 7851980, member: 24314"]johnmilton, posted: "And I have seen CAC approve of MS-64 graded coins that were really AU-58s. The difference in price is close to $10,000. In one case that drove me from buying expensive U.S. coins..."</p><p><br /></p><p><i><span style="color: rgb(102, 0, 51)">Expensive and rare coins often are "fudged." Apparently, that AU coin was REALLY a commercial 64 or less common coin that JA would stand behind. </span></i></p><p><i><span style="color: rgb(102, 0, 51)"><br /></span></i></p><p><i><span style="color: rgb(102, 0, 51)">What TPGS wants to be critical on a good looking common Washington quarter? I have this argument all the time. I say coin grades X. Professional ex-dealer grader says MS or higher MS than I assign. His argument is that the coin is a common 1986, 1987, etc. SE or similar common coin. UNFORTUNATELY, one day that 1986, 1987, etc. SE graded MS-70 by the commercial grading "EX-Pert" is now worth $$$$ AND IT IS NOT a 70!</span></i> </p><p><br /></p><p>Jaelus, posted: "It is more than likely really a 64. [<span style="color: rgb(102, 0, 51)"><i>YES, the coin was a 64</i></span>]Penalizing a coin from a 67 all the way down to a 58 for having just the slightest touch of barely noticable high point wear while an inferior baggy coin gets only few points deducted is a glaring flaw in the grading system. [<i><span style="color: rgb(102, 0, 51)">Thanks for making the argument why collectors NEED to know how to grade for themselves so they don't pay for commercial sliders that make the coin market go around. You see, in some series of vintage coins, MS is very rare so to service collectors AU's MUST BE SOLD AS MS.</span></i>] <b><span style="color: rgb(0, 102, 0)">Technical grading is an antiquated practice which has long been replaced by pragmatic common sense market grading.</span></b> <i><span style="color: rgb(102, 0, 51)">[News Flash: Dah,<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie104" alt=":yawn:" unselectable="on" unselectable="on" />. Thanks Mr. Obvious. True Technical grading has been <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie40" alt=":dead:" unselectable="on" unselectable="on" /> dead a very long time BECAUSE it did not work in the coin market. It took the wiggle <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /> room away from coin dealers and allowed them to please customers who learned to purchase the highest grade they can afford. Commercial grading was a great system that made both the buyer and the seller happy! Who can fault that. So, call it technical grading, conservative grading, ignorant grading, etc; but some folks want the best. You my friend, can be satisfied with whatever you like and more power to you. BTW, in the way of the world, as soon as </span></i><span style="color: rgb(102, 0, 51)"><i>all the old timers are dead, the new collectors will all be trained that attractive sliders are MS. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" />] </i><span style="color: rgb(0, 0, 0)">CAC validating a technical grade for a market graded coin is the height of idiocy. Of course the grade doesn't match when different standards are applied." </span></span></p><p><span style="color: rgb(102, 0, 51)"><br /></span></p><p><span style="color: rgb(102, 0, 51)"><i><span style="color: rgb(102, 0, 51)">Rather than your <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie26" alt=":bookworm:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /> expert opinion of CAC idiocy, it is more likely that</span><b><span style="color: rgb(179, 0, 0)"> CAC did not bean a coin they considered to be OVERGRADED as a 64. </span></b></i> <i><span style="color: rgb(102, 0, 51)">Just the fact that the post was removed PROVES IT enough for me.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></span></i></span>[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 7851980, member: 24314"]johnmilton, posted: "And I have seen CAC approve of MS-64 graded coins that were really AU-58s. The difference in price is close to $10,000. In one case that drove me from buying expensive U.S. coins..." [I][COLOR=rgb(102, 0, 51)]Expensive and rare coins often are "fudged." Apparently, that AU coin was REALLY a commercial 64 or less common coin that JA would stand behind. What TPGS wants to be critical on a good looking common Washington quarter? I have this argument all the time. I say coin grades X. Professional ex-dealer grader says MS or higher MS than I assign. His argument is that the coin is a common 1986, 1987, etc. SE or similar common coin. UNFORTUNATELY, one day that 1986, 1987, etc. SE graded MS-70 by the commercial grading "EX-Pert" is now worth $$$$ AND IT IS NOT a 70![/COLOR][/I] Jaelus, posted: "It is more than likely really a 64. [[COLOR=rgb(102, 0, 51)][I]YES, the coin was a 64[/I][/COLOR]]Penalizing a coin from a 67 all the way down to a 58 for having just the slightest touch of barely noticable high point wear while an inferior baggy coin gets only few points deducted is a glaring flaw in the grading system. [[I][COLOR=rgb(102, 0, 51)]Thanks for making the argument why collectors NEED to know how to grade for themselves so they don't pay for commercial sliders that make the coin market go around. You see, in some series of vintage coins, MS is very rare so to service collectors AU's MUST BE SOLD AS MS.[/COLOR][/I]] [B][COLOR=rgb(0, 102, 0)]Technical grading is an antiquated practice which has long been replaced by pragmatic common sense market grading.[/COLOR][/B] [I][COLOR=rgb(102, 0, 51)][News Flash: Dah,:yawn:. Thanks Mr. Obvious. True Technical grading has been :dead: dead a very long time BECAUSE it did not work in the coin market. It took the wiggle :greedy::greedy::greedy: room away from coin dealers and allowed them to please customers who learned to purchase the highest grade they can afford. Commercial grading was a great system that made both the buyer and the seller happy! Who can fault that. So, call it technical grading, conservative grading, ignorant grading, etc; but some folks want the best. You my friend, can be satisfied with whatever you like and more power to you. BTW, in the way of the world, as soon as [/COLOR][/I][COLOR=rgb(102, 0, 51)][I]all the old timers are dead, the new collectors will all be trained that attractive sliders are MS. :smuggrin:] [/I][COLOR=rgb(0, 0, 0)]CAC validating a technical grade for a market graded coin is the height of idiocy. Of course the grade doesn't match when different standards are applied." [/COLOR][/COLOR] [COLOR=rgb(102, 0, 51)] [I][COLOR=rgb(102, 0, 51)]Rather than your :bookworm::cigar: expert opinion of CAC idiocy, it is more likely that[/COLOR][B][COLOR=rgb(179, 0, 0)] CAC did not bean a coin they considered to be OVERGRADED as a 64. [/COLOR][/B][/I] [I][COLOR=rgb(102, 0, 51)]Just the fact that the post was removed PROVES IT enough for me.;)[/COLOR][/I][/COLOR][/QUOTE]
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JA didn’t sticker it, so now I must sell it …
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