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<p>[QUOTE="Lehigh96, post: 462667, member: 15309"]The original grade assigned by TPG's (NGC & PCGS) is not arbitrary. They assign the grade based upon their evaluation of the coin that is consistent with their grading standards and past practices. The assigned grade is an opinion that allows the coin to be traded freely in the market place without bias because the TPG is not profiting from the grade.</p><p><br /></p><p>By net grading coins, the TPG is telling the collector that the problem is worth this many $'s simply so people will send them all of their problem coins for encapsulation. I personally have no interest in buying a cleaned coin, and don't think one drop in grade is a sufficient adjustment to the price. My guess is that each informed collector has their own opinion about what a problem coin is worth. However, new collectors will see the net grade and accept that as the market grade for the coin, because that it what is supposed to happen with the original market grade. My point is that they are crossing a line that hurts numismatics by simply deducting a grade from the coin and slapping the number on the slab.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 462667, member: 15309"]The original grade assigned by TPG's (NGC & PCGS) is not arbitrary. They assign the grade based upon their evaluation of the coin that is consistent with their grading standards and past practices. The assigned grade is an opinion that allows the coin to be traded freely in the market place without bias because the TPG is not profiting from the grade. By net grading coins, the TPG is telling the collector that the problem is worth this many $'s simply so people will send them all of their problem coins for encapsulation. I personally have no interest in buying a cleaned coin, and don't think one drop in grade is a sufficient adjustment to the price. My guess is that each informed collector has their own opinion about what a problem coin is worth. However, new collectors will see the net grade and accept that as the market grade for the coin, because that it what is supposed to happen with the original market grade. My point is that they are crossing a line that hurts numismatics by simply deducting a grade from the coin and slapping the number on the slab.[/QUOTE]
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