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Market Grading vs. Technical Grading - Round 36!!! Ding!
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<p>[QUOTE="NPCoin, post: 408028, member: 5629"]Unless the technical standards you use change, the coin will continue to technically grade 64. Some will argue that the market grade will continue to sit 65, because the market "should" affect all uncirculated grades. However, the coin will most definitely go south along with market acceptance and expectations.</p><p><br /></p><p>As an example, the market generally accepts and even places a premium on toned coins with exceptional eye appeal (whatever that may be). Thus, a technically graded 64 coin may very well slab at 65 because of the exceptional eye appeal for the grade as well as the fact that any detractions may then be harder to first or even second glance, which may be deemed as acceptable to the market.</p><p><br /></p><p>Now, if the market drastically changes and views toning on silver for what it is - damage - then that exceptional eye appeal (whatever that may be) may no longer have market acceptance, but be viewed in the market as damage, and thus grade to 63 therefore, especially since the coin will sell for much less than market acceptable 64.</p><p><br /></p><p>Of course, like I said, there will be those who do not agree, but this is one way market acceptance can affect a grade. Remember also, that the so-called "professional" graders are not the only graders out there and they are <b>far</b> from the authority on grading. As I have said before, and will continue to say, <b>you</b> are the only authority on grading when it comes to your purchases.</p><p><br /></p><p>If the coin does not meet your own personal expectations or biases for the grade, then you change your prospective coin purchase, not your grading habits. When and <b>if</b> it comes time to sell, that is when you may have to compromise on your grading habits. But, until then, this is <b>your</b> hobby for <b>your</b> enjoyment.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 408028, member: 5629"]Unless the technical standards you use change, the coin will continue to technically grade 64. Some will argue that the market grade will continue to sit 65, because the market "should" affect all uncirculated grades. However, the coin will most definitely go south along with market acceptance and expectations. As an example, the market generally accepts and even places a premium on toned coins with exceptional eye appeal (whatever that may be). Thus, a technically graded 64 coin may very well slab at 65 because of the exceptional eye appeal for the grade as well as the fact that any detractions may then be harder to first or even second glance, which may be deemed as acceptable to the market. Now, if the market drastically changes and views toning on silver for what it is - damage - then that exceptional eye appeal (whatever that may be) may no longer have market acceptance, but be viewed in the market as damage, and thus grade to 63 therefore, especially since the coin will sell for much less than market acceptable 64. Of course, like I said, there will be those who do not agree, but this is one way market acceptance can affect a grade. Remember also, that the so-called "professional" graders are not the only graders out there and they are [B]far[/B] from the authority on grading. As I have said before, and will continue to say, [B]you[/B] are the only authority on grading when it comes to your purchases. If the coin does not meet your own personal expectations or biases for the grade, then you change your prospective coin purchase, not your grading habits. When and [B]if[/B] it comes time to sell, that is when you may have to compromise on your grading habits. But, until then, this is [B]your[/B] hobby for [B]your[/B] enjoyment.[/QUOTE]
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Market Grading vs. Technical Grading - Round 36!!! Ding!
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