Message:

<p>[QUOTE=&quot;NPCoin, post: 408063, member: 5629&quot;]This is one reason why I believe that grading should be done on a technical level, with the market aware aspects of grading sub-noted, for instance:&nbsp; MS-70, red, weakly struck with exceptional luster.</p><p><br /></p><p>Now, that in and of itself is a debate! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>But, it proves a point.&nbsp; With a grade like that, you know the actual condition of the coin.&nbsp; It tells you right away that the coin is Uncirculated, the fields are perfectly devoid of detractions, no contact marks, no hairlines or scuff marks.&nbsp; But, the devices are weak, and thus not vividly detailed.&nbsp; That tells me <b>much</b> more than MS-67RD does.</p><p><br /></p><p>Prices and grades should not be correlated with each other, in my opinion.&nbsp; Not all MS-65s were minted alike!&nbsp; Even if we are talking pure technical grading, not all MS-65s were minted alike!&nbsp; there will be differences, and such differences may hold either positives or negatives with us, depending on our own personal biases.</p><p><br /></p><p>This is also one of the reasons I do not believe that the sight-unseen market will be the market dominator some believe it will be.&nbsp; In any business transaction, there needs to be a &quot;meeting of the minds&quot;.&nbsp; Each party must come to agreement with the other.&nbsp; The only reason the sight-unseen market exists today is because of the TPGs.&nbsp; And this only works if both parties agree that they can trust the determination of the TPG.&nbsp; When that trust fails or is violated, then the minds must look past the plastic and conduct the transaction in the more conventional manner...by coming to agreement.</p><p><br /></p><p>And this seems to be the predicament that you face right now with grades.&nbsp; MS-64 technically is really MS-65 today, but could be MS-64 tomorrow, and even MS-63 in the far future.&nbsp; If the we are expected to put our trust in the one who graded the coin, then why would this happen?&nbsp; To put it simply, because grading is subjective, and that subjectiveness has its roots in the market, which varies from time to time.&nbsp; Therefore, your grades may vary from time to time dependent on market rejected and accepted practice and expectation.[/QUOTE]</p><p><br /></p>

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