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<p>[QUOTE=&quot;eddiespin, post: 410805, member: 4920&quot;]You&#039;re right.</p><p><br /></p><p><br /></p><p><br /></p><p>I do understand it. In fact, I did everything but draw everybody a diagram on how it works. It&#039;s all about eye-appeal, conceded. In fact, they don&#039;t even have the term &quot;technical grading&quot; in their vocabulary--look them up. </p><p><br /></p><p>But, now, ask me, would I pay MS65/66 money for your MS64 technically-graded Morgans? No. I want to see rainbows, I&#039;ll put my Morgan in a baked potato. What&#039;s wrong with market grading? Market fads. They come and go. And, along with them, so go every one of these hot-shot market grades. But, the technical grades (and, again, in mint state, I&#039;m defining those as articulable factors relative to the degree and location of bag marks, percentage of luster retained and detail of strike), remain. </p><p><br /></p><p>Personally, Lehigh, I can see both your Morgan examples selling in the open market above what their technical grades would otherwise warrant in the price guides. Again, not to me, personally. I have a weakness for the blast-whites. But, I can appreciate others preferences. But, let&#039;s quit clowning around and calling this market &quot;<i>grading</i>.&quot; They&#039;re <i>appraising</i> value in the open market based on their vast database of comparables, then assigning the corresponding open market grade. These are TPAs, now (&quot;Third-Party Appraisers&quot;), not TPGs. When they&#039;re &quot;market grading,&quot; as opposed to technical grading, that&#039;s what they are. And, again, they&#039;re probably right on target, in the open market, as that exists, today. Heck, they&#039;ve got the database of comparables to prove it! </p><p><br /></p><p>So, understand, I&#039;ve got no problem whatsoever with their appraisals. In fact, that&#039;s really their only skill. And, indeed, they&#039;re better situated at it than you, I or anyone else, here...aren&#039;t they? And now we can say &#039;nuff said (IMHO). <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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