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Market Grading vs. Technical Grading - Round 35!!! Ding!
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<p>[QUOTE="GDJMSP, post: 404766, member: 112"]But that is the problem Mike, what you and many others think of as technical grading is not technical grading - it is market grading. Of course it is market grading minus one aspect - that of value. And while I will admit that value can influence the grade of a coin somewhat in the market grading system, it is the criteria with the least impact of all the criteria used in the system. And it is not an aspect of the system that I personally approve of.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I agree completey Mike, you can count me as one among the others. I do not think a coin deserves to have its grade bumped because of its pedigree or rarity either.</p><p><br /></p><p>But the coins you mention, those with a famous pedigree or issues of rarity do not get those grade bumps because they are graded using market grading - plain and simple they get them because the TPG is advertising in a way. They are breaking their own grading standards by giving the higher grades to these coins so that others with similar collections will choose to use them also. The TPG wants those pedigreed collections and coins of rarity in their slabs instead of those of the competition. It really has nothing to do with the market grading system.</p><p><br /></p><p>And I, like you, find it to be a deplorable practice.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 404766, member: 112"]But that is the problem Mike, what you and many others think of as technical grading is not technical grading - it is market grading. Of course it is market grading minus one aspect - that of value. And while I will admit that value can influence the grade of a coin somewhat in the market grading system, it is the criteria with the least impact of all the criteria used in the system. And it is not an aspect of the system that I personally approve of. I agree completey Mike, you can count me as one among the others. I do not think a coin deserves to have its grade bumped because of its pedigree or rarity either. But the coins you mention, those with a famous pedigree or issues of rarity do not get those grade bumps because they are graded using market grading - plain and simple they get them because the TPG is advertising in a way. They are breaking their own grading standards by giving the higher grades to these coins so that others with similar collections will choose to use them also. The TPG wants those pedigreed collections and coins of rarity in their slabs instead of those of the competition. It really has nothing to do with the market grading system. And I, like you, find it to be a deplorable practice.[/QUOTE]
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Market Grading vs. Technical Grading - Round 35!!! Ding!
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