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Market Grading vs. Technical Grading - Round 36!!! Ding!
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<p>[QUOTE="Bonedigger, post: 408269, member: 4367"]What's interesting is to see the grades but on the coins by young 10-14 year old collectors (Boy Scouts, etc.) around here who don't have access to the internet on a daily basis -- a couple of these kids possess a few nice pieces (some AU gold and AU 18/19th century silver) which would fetch pretty good money on the internet. But, these kids aren't about to part with their holdings which were usually given to them by their parents or grandparents.</p><p><br /></p><p>As you'd imagine, I tried to volunteer time with these local Scouts & other interested youths who collected basic US/Canadian Coinage. Once a year a Heritage Festival is held at the Caputa Community Center where some of the kids bring their collections to show off. I'm proud to say that several of them started collecting after our coin club sponsored a booth a few years ago where basic supplies were given away; 2x2s, cheap magnifying glasses, and a few RedBooks.</p><p><br /></p><p>These kids subsequently grade their coins carefully using the only guide they may have available, usually an older RedBook or 'Coin Prices' (?) magazine. Talk about technical grading, these kids have soaked up the standards for each series and their grading is pretty good IMHO. I suppose If they knew the market value of some of their coins the grades might ease UP^ some, LOL...</p><p><br /></p><p>Take Care</p><p>Ben[/QUOTE]</p><p><br /></p>
[QUOTE="Bonedigger, post: 408269, member: 4367"]What's interesting is to see the grades but on the coins by young 10-14 year old collectors (Boy Scouts, etc.) around here who don't have access to the internet on a daily basis -- a couple of these kids possess a few nice pieces (some AU gold and AU 18/19th century silver) which would fetch pretty good money on the internet. But, these kids aren't about to part with their holdings which were usually given to them by their parents or grandparents. As you'd imagine, I tried to volunteer time with these local Scouts & other interested youths who collected basic US/Canadian Coinage. Once a year a Heritage Festival is held at the Caputa Community Center where some of the kids bring their collections to show off. I'm proud to say that several of them started collecting after our coin club sponsored a booth a few years ago where basic supplies were given away; 2x2s, cheap magnifying glasses, and a few RedBooks. These kids subsequently grade their coins carefully using the only guide they may have available, usually an older RedBook or 'Coin Prices' (?) magazine. Talk about technical grading, these kids have soaked up the standards for each series and their grading is pretty good IMHO. I suppose If they knew the market value of some of their coins the grades might ease UP^ some, LOL... Take Care Ben[/QUOTE]
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Market Grading vs. Technical Grading - Round 36!!! Ding!
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