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Market Grading vs. Technical Grading - Round 36!!! Ding!
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<p>[QUOTE="mikenoodle, post: 408092, member: 307"]ok, at risk of sounding like I am jumping to the other side, let me share what I have learned through all of the twists of this last thread, as well as a few things that I already knew. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>The technical standards for grading coins aren't really standards that give you MS-64 grades. What you have from a technical grade is either MS-63 (choice uncirculated) or MS-65 (gem uncirculated), there really isn't a grade in between. This is where market grading comes in and gives us MS-64. It's a coin that technically grades MS-63, but has strong eye appeal, thus grading better than 63. Also, you could have a coin that technically grades MS-65 and negative eye appeal brings it down to MS-64. Most people think that there is all of these Mint State grades in technical grading, but there really isn't. When you see a grade on a PCGS slab, that is the market grade, NOT the technical grade.</p><p><br /></p><p>As far as the future and what the slab says the grade is, what I think many of us have said on ALL sides of this discussion is that the knowledgeable collector grades his own coins and pays attention very little to what slab houses say other than how much money it brings in the market by virtue of the slab, and how easy it makes it to liquidate the coins.[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 408092, member: 307"]ok, at risk of sounding like I am jumping to the other side, let me share what I have learned through all of the twists of this last thread, as well as a few things that I already knew. ;) The technical standards for grading coins aren't really standards that give you MS-64 grades. What you have from a technical grade is either MS-63 (choice uncirculated) or MS-65 (gem uncirculated), there really isn't a grade in between. This is where market grading comes in and gives us MS-64. It's a coin that technically grades MS-63, but has strong eye appeal, thus grading better than 63. Also, you could have a coin that technically grades MS-65 and negative eye appeal brings it down to MS-64. Most people think that there is all of these Mint State grades in technical grading, but there really isn't. When you see a grade on a PCGS slab, that is the market grade, NOT the technical grade. As far as the future and what the slab says the grade is, what I think many of us have said on ALL sides of this discussion is that the knowledgeable collector grades his own coins and pays attention very little to what slab houses say other than how much money it brings in the market by virtue of the slab, and how easy it makes it to liquidate the coins.[/QUOTE]
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Market Grading vs. Technical Grading - Round 36!!! Ding!
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