Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Market Grading vs. Technical Grading - Round 35!!! Ding!
>
Reply to Thread
Message:
<p>[QUOTE="Bonedigger, post: 404365, member: 4367"]Technical Grading is pretty Black and White and simple to understand. A coin which is sent to a TPG should only need to be graded and encapsulated once using the 'Technical Aspects' of the coin. Last time I cracked out a coin from a slab it appeared just the same outside as it did inside, the coins condition didn't change. The only reason coins are resubmitted is to get a HIGHER GRADE, definitely not a lower one.</p><p><br /></p><p>My advice to the small-time novice (US Coinage) collectors would simply be this. Get a RedBook, a pencil or pen, several 2x2s, your collection and have a wonderful afternoon with your friends, spouse, children, or grandchildren learning how to grade by these basic standards. You can move into more advanced areas as time goes by, but you must understand the basic technical aspects of worn coins and how they correlate to the grades listed for each variety. Thiis basic knowledge will serve you well.</p><p><br /></p><p>Case in Point-</p><p><i>There was nothing funnier (we have a young 'clueless' professional in our local coin club) than seeing a certain new collector (with LOTS of money) submit large lots of bullion coinage to a Top Three TPG in the hopes of receiving high MS grades because he thought the coins looked so beautiful. When they came back some were in body-bags and the others were low-end MS grades. "But, but, but... How could they... They looked so nice..." The guy just won't listen</i></p><p><i><br /></i></p><p><i>This fellow isn't even familar with basic numismatic terminology and wanted to start at square 6 or 7 instead of 1 when he began collecting a few months ago.</i></p><p><br /></p><p>Take Care</p><p>Ben[/QUOTE]</p><p><br /></p>
[QUOTE="Bonedigger, post: 404365, member: 4367"]Technical Grading is pretty Black and White and simple to understand. A coin which is sent to a TPG should only need to be graded and encapsulated once using the 'Technical Aspects' of the coin. Last time I cracked out a coin from a slab it appeared just the same outside as it did inside, the coins condition didn't change. The only reason coins are resubmitted is to get a HIGHER GRADE, definitely not a lower one. My advice to the small-time novice (US Coinage) collectors would simply be this. Get a RedBook, a pencil or pen, several 2x2s, your collection and have a wonderful afternoon with your friends, spouse, children, or grandchildren learning how to grade by these basic standards. You can move into more advanced areas as time goes by, but you must understand the basic technical aspects of worn coins and how they correlate to the grades listed for each variety. Thiis basic knowledge will serve you well. Case in Point- [I]There was nothing funnier (we have a young 'clueless' professional in our local coin club) than seeing a certain new collector (with LOTS of money) submit large lots of bullion coinage to a Top Three TPG in the hopes of receiving high MS grades because he thought the coins looked so beautiful. When they came back some were in body-bags and the others were low-end MS grades. "But, but, but... How could they... They looked so nice..." The guy just won't listen This fellow isn't even familar with basic numismatic terminology and wanted to start at square 6 or 7 instead of 1 when he began collecting a few months ago.[/I] Take Care Ben[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Market Grading vs. Technical Grading - Round 35!!! Ding!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...