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<p>[QUOTE=&quot;NPCoin, post: 405253, member: 5629&quot;]Speaking of Bowers, he makes an intuitive remark about grading in his book &quot;The Expert&#039;s Guide...&quot;:</p><p><br /></p><p><br /></p><p><br /></p><p>&quot;Buy the coin, not the plastic&quot; comes to mind immediately.&nbsp; This statement brings into question quite a few things regarding grading, and specifically third-party grading.&nbsp; Irregardless of the final &quot;market grade&quot;, even if it is coupled with the technical grade (say a &quot;market grade&quot; of MS-63 with a technical grade of MS-65:&nbsp; &quot;MS-65.63&quot;) would show us more information than simply the market grade alone would.&nbsp; Such a combination would reveal that technically the coin grades higher and thus contains attributes of a much higher quality piece, yet there is some form of detraction, be it somewhat to do with strike, or luster, or some other issue with eye appeal, that makes it unacceptable to &quot;the market&quot; to be viewed as an MS-65.</p><p><br /></p><p>Yet, even still, this is not enough information to make a proper determination of a coin&#039;s worth.&nbsp; Without actually seeing the coin, preferably in hand, one still cannot determine by the grade what the actual detraction is.&nbsp; As such, one cannot make a proper determination if a coin is &quot;worth&quot; the asking price or not.&nbsp; Nor can a potential buyer determine truly if this particular piece is one that is truly desirable for one&#039;s own collection.</p><p><br /></p><p>I&#039;ll put this forth with grading overall:&nbsp; every system of grading that is currently in practice is insufficient to make a proper determination of the coin&#039;s actual level of true condition and eye appeal, to determine the totality of detractions, the nature and extent of blemishes, nor the worth of any specimen.</p><p><br /></p><p>Every coin needs to be seen and determinations made and agreed upon by both the seller and buyer of any coin.</p><p><br /></p><p>The way Q. David Bowers puts it:</p><p><br /></p><p><br /></p><p><br /></p><p>Grading and grade assignments are only the beginning of the issue, not the end of it.[/QUOTE]</p><p><br /></p>

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