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<p>[QUOTE="brg5658, post: 2150325, member: 29751"]As long as PCGS and NGC have existed they have used MS64. They didn't suddenly invent it mid-game. Sure, it wasn't used by dealers in the 70's, but it has existed in both of the TPGs for the duration of their grading lives.</p><p><br /></p><p>The * has nothing to do with numeric grade of a coin. It is an "eye appeal" designation used by NGC, and a coin graded with the * can be low-end for the assigned numeric grade. Not sure what your point was with that example.</p><p><br /></p><p>The "+" grading was added relatively recently (2010), but no one is forcing people to resubmit their coins in hopes of that little grade modifier. Furthermore, it has gained little traction in actually modifying the prices paid for such designated coins, except when the "+" is assigned to a coin already graded at the absolute top of the population. Again, as someone else already noted, these resubmissions are largely undertaken by <b>dealers</b>, not collectors.</p><p><br /></p><p>In most (all?) cases, I don't think the dealers are resubmitting coins hoping for a "+" upgrade -- they are looking for the full numeric point upgrade. That's a game that lots of dealers play, but again, that's not a new <b>grading system </b>-- it's a capitalization on the inherent subjectivity of grading coins and the inconsistency of TPGs. Sure the "+" is a marketing tool -- but I think it has not led to any cash windfall of resubmissions hoping for a "+" -- I would guess that regrades have remained quite steady as there were plenty hoping for full point numeric upgrades before they introduced the "half step +" stuff.</p><p><br /></p><p>So back to the original topic -- you said "<b>MS70 collectors, get ready for a beat down</b>". The argument many of us have made was that the article is somewhat far-fetched in terms of proposing a new grading system. You then give examples of changes to some minuscule grading nuances -- but nothing similar to changing the base-70 <u>system</u>. I'm not following how the introduction of a "+" logically leads to an assumption that TPGs would be willing to introduce MS71 grades. That leap in rationale doesn't compute with me.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 2150325, member: 29751"]As long as PCGS and NGC have existed they have used MS64. They didn't suddenly invent it mid-game. Sure, it wasn't used by dealers in the 70's, but it has existed in both of the TPGs for the duration of their grading lives. The * has nothing to do with numeric grade of a coin. It is an "eye appeal" designation used by NGC, and a coin graded with the * can be low-end for the assigned numeric grade. Not sure what your point was with that example. The "+" grading was added relatively recently (2010), but no one is forcing people to resubmit their coins in hopes of that little grade modifier. Furthermore, it has gained little traction in actually modifying the prices paid for such designated coins, except when the "+" is assigned to a coin already graded at the absolute top of the population. Again, as someone else already noted, these resubmissions are largely undertaken by [B]dealers[/B], not collectors. In most (all?) cases, I don't think the dealers are resubmitting coins hoping for a "+" upgrade -- they are looking for the full numeric point upgrade. That's a game that lots of dealers play, but again, that's not a new [B]grading system [/B]-- it's a capitalization on the inherent subjectivity of grading coins and the inconsistency of TPGs. Sure the "+" is a marketing tool -- but I think it has not led to any cash windfall of resubmissions hoping for a "+" -- I would guess that regrades have remained quite steady as there were plenty hoping for full point numeric upgrades before they introduced the "half step +" stuff. So back to the original topic -- you said "[B]MS70 collectors, get ready for a beat down[/B]". The argument many of us have made was that the article is somewhat far-fetched in terms of proposing a new grading system. You then give examples of changes to some minuscule grading nuances -- but nothing similar to changing the base-70 [U]system[/U]. I'm not following how the introduction of a "+" logically leads to an assumption that TPGs would be willing to introduce MS71 grades. That leap in rationale doesn't compute with me.[/QUOTE]
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