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<p>[QUOTE=&quot;Lehigh96, post: 1913110, member: 15309&quot;]While that seems like a very easy solution to the problem, I promise you that it is not.&nbsp; The problem is complex and both sides have valid arguments.&nbsp; Your argument is that every coin of a given series should be graded against the same standard, especially for strike, regardless of variations in procedures employed by the different mints from year to year. </p><p><br /></p><p>As a result, coins like the one Doug posted earlier would not qualify for an MS65 grade because the strike compared to the intended design is too weak.&nbsp; The coin shown below is the same coin Doug posted, but I have shown the slab photo rather than the beauty shot.</p><p><br /></p><p><img src="http://dyn3.heritagestatic.com/lf?set=path%5B1%2F0%2F5%2F9%2F5%2F10595757%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Therefore this coin would have to reside in an MS64 holder.&nbsp; But by limiting this coin to MS64 you effectively increase the range of quality for all MS64 1892-O Morgan Dollars because many will have MS65/66 surfaces but simply be limited to the MS64 grade due to the strike.&nbsp; A strike issue that plagues almost all of the coins issued that year by that mint.&nbsp; The result is that the coin shown above will be graded the same as the 1892-O MS64 Morgan Dollar shown below, a coin with clearly inferior surfaces.</p><p><br /></p><p><img src="http://dyn2.heritagestatic.com/lf?set=path%5B1%2F0%2F1%2F9%2F5%2F10195194%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Think of how many gem + grade 1892-O Morgan Dollars would be relegated to an MS64 grade despite the condition of their surfaces or luster which can vary greatly.&nbsp; Under your proposed system, you would have a large number of coins with the same numerical grade but with a wide range of quality in that grade.&nbsp; The &quot;market&quot;, which is both collectors and dealers, would demand that the higher quality pieces trade at higher prices.&nbsp; The TPG&#039;s decision to take strike out of the equation for coins like the 1892-O Morgan Dollar effectively solves that problem.</p><p><br /></p><p>But that system creates another problem.&nbsp; What happens to the 1892-O Morgan Dollars that had a good enough strike to meet the criteria for gem grade?&nbsp; Under your proposed system, these coins would be conditional rarities and become very valuable because so few would meet the criteria.&nbsp; The coin shown below has a good strike for an 1892-O and would probably be good enough for gem grade.</p><p><br /></p><p><img src="http://dyn1.heritagestatic.com/lf?set=path%5B8%2F1%2F3%2F2%2F8132080%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The TPGs decision to market grade all 1892-O Morgan Dollars with regards to strike drastically increases the population of MS65 examples and would decrease the value of this coin considerably.&nbsp; But ask yourself this question:&nbsp; does this coin deserve to sell at a much higher price than the coin that Doug posted(1st one I posted)?&nbsp; If your answer is no, then I submit that you must agree with the TPG&#039;s decision to market grade these coins based on inherent strike weakness.</p><p><br /></p><p>Paul[/QUOTE]</p><p><br /></p>

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