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<p>[QUOTE=&quot;Conder101, post: 193617, member: 66&quot;]I&#039;ve thought about such a test and what the requirements would be from time to time.&nbsp; I think a minimum acceptable test could be done for about $100,000.&nbsp; I envision using about 50 coins in a variety of conditions, both circulated and MS.&nbsp; They would be submitted to the top 7 companies in small groups of five to ten coins each, and every coin would be submitted to each firm ten times.&nbsp; The multiple submissions to each firm is to rate consistantcy.&nbsp; (Sending in a coin and getting a good grade is meaningles if you find that if you send it in ten times and you get six different grades.&nbsp; I would not rate a firm consistant if they don&#039;t assign the same grade at least 7 times out of ten.)</p><p><br /></p><p>You do not send the same coins into each firm in the same group each time.&nbsp; The idea is to make sure that they don&#039;t start to recognize the same group of coins coming in repeatedly.&nbsp; You also have the coins submitted under different names and adresses.</p><p><br /></p><p>Each time a coin comes back it is photographed and entered into a database to track the gradings.&nbsp; The coins are then cracked out, re grouped and sent out again.</p><p><br /></p><p>So we are talking 50 coins times 7 services times 10 submissions each for a total of 3,500 submissions.&nbsp; I&#039;m assuming an average cost of $20 per coin per submission for a cost of $70,000.&nbsp; The other $30,000 pays for the postage and insurance both ways for all the submissions.&nbsp; There may be some money left over.</p><p><br /></p><p>Another interesting addition that could be do as well is to do an extra three rounds of submissions&nbsp; but instead of using unknown people have those sent in under the name of a major market maker to see if that has any effect on the average grade assigned.&nbsp; This would require about another 1050 submissions at a cost of $20K.&nbsp; And you have the problem of how to get the market maker to agree and not have the information get out?&nbsp; Possibly give him the submissions already sealed and ready to go, they just need his mailing labels.&nbsp; But you would probably still have to tellhim what you are doing and that runs the risk of a leak.</p><p><br /></p><p>The whole program could probably be done for around $110K.&nbsp; And as I said this is a MINIMUM acceptable test size.&nbsp; Preferably would be one about twice that size.&nbsp; I would think that it would take possibly three years to complete the test because it takes so long to get submission resultes back.&nbsp; Unfortuantely that enters another variable into the mix.&nbsp; Are they grading the same at the end of the third years as they were at the beginning?&nbsp; The longer the test runs the bigger that question becomes.[/QUOTE]</p><p><br /></p>

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