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Market Grading vs. Technical Grading - Round 35!!! Ding!
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<p>[QUOTE="Hobo, post: 404834, member: 11521"]EDIT - I was completely wrong when I answered Question 1 below last night so I have revised my answer.</p><p> </p><p><br /></p><p> </p><p>No. Strike does not affect a coin's grade under Technical Grading standards.</p><p> </p><p> </p><p><br /></p><p> </p><p>Hmmm. That's a good question. I know what you meant to ask but I think what you meant to ask is, "Does a technically-graded coin ever get better money than a market-graded coin <i>of the same grade (same denomination, date, MM, etc.)</i>?"</p><p> </p><p>I think the answer to that question is going to be "rarely" because buyers will tend to market grade the coins themselves (and many of them may not be aware they are doing so). Buyers take into account things like eye appearl that affect the desirability of the coin and that affect its price. </p><p> </p><p>Would you pay more for a Walker Half that grades MS-65 by Technical Grading standards [but has diminished luster, two marks that happen to be on Liberty's leg and on the Sun, and generally poor eye appeal] than a Walker Half (same date and MM) that grades MS-65 [but has great luster, superior eye appeal and the one tiny mark hidden in Liberty's gown, a mark hidden in the eagle's feathers and a mark-free Sun]? Maybe that technical MS-65 has very, very unattractive toning? Would that affect what you would pay for it?</p><p> </p><p>The point is - if a coin technically grades a certain grade but is unattractive it will most likely sell for less that attractive coins of the same grade. </p><p> </p><p>Hope this helps.[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 404834, member: 11521"]EDIT - I was completely wrong when I answered Question 1 below last night so I have revised my answer. No. Strike does not affect a coin's grade under Technical Grading standards. Hmmm. That's a good question. I know what you meant to ask but I think what you meant to ask is, "Does a technically-graded coin ever get better money than a market-graded coin [I]of the same grade (same denomination, date, MM, etc.)[/I]?" I think the answer to that question is going to be "rarely" because buyers will tend to market grade the coins themselves (and many of them may not be aware they are doing so). Buyers take into account things like eye appearl that affect the desirability of the coin and that affect its price. Would you pay more for a Walker Half that grades MS-65 by Technical Grading standards [but has diminished luster, two marks that happen to be on Liberty's leg and on the Sun, and generally poor eye appeal] than a Walker Half (same date and MM) that grades MS-65 [but has great luster, superior eye appeal and the one tiny mark hidden in Liberty's gown, a mark hidden in the eagle's feathers and a mark-free Sun]? Maybe that technical MS-65 has very, very unattractive toning? Would that affect what you would pay for it? The point is - if a coin technically grades a certain grade but is unattractive it will most likely sell for less that attractive coins of the same grade. Hope this helps.[/QUOTE]
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Market Grading vs. Technical Grading - Round 35!!! Ding!
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