Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
NGC Grading Class At CSNS
>
Reply to Thread
Message:
<p>[QUOTE="treylxapi47, post: 1913157, member: 41863"]Like I said, I dont mind if the coins striking quality is taken into account for a grade. That does make sense and holds merit. What I disagree with is like what I said earlier, taking say an AU 1893-S with some hairlines that were obviously from an old cleaning and passing that coin as an XF-45 because the coin is deemed 'rare'. Its shouldnt be an XF-45, it should be genuine CLEANED. This is what I mean when I refer to 'market acceptability'. Who is buying that coin as an XF-45? And who is providing the most disservice in with this coin? </p><p><br /></p><p>To me, the fault lies with the TPGs, they should call the coin for what it is, but they get to hide under the 'market acceptable' gimmick and grade a problem coin as problem free. Well, if anything, they are the experts and should be shining the light on the fact that this coin is trouble. Not slabbing it anyway and then a collector getting hosed, or a future relative disappointed in something that was sold as something it truly wasnt. Like I said a coin is an inanimate object, they dont just up and change, the problem thats there today with be there tomorrow. </p><p><br /></p><p>Now some of us were discussing how at shows the majority of business is from dealer to dealer, so they WANT to see borderline coins in slabs. If its a clean XF-45 it will sell for more than an AU Details almost always. So I see a huge conflict of interest in this and cant help but question who and what is setting this 'market' that everyone throws at collectors. I dont know of any collector who WANTS a sub par coin for their collection unless thats the grade they settled on for a series, or specialize in sub par coins for some odd reason. </p><p><br /></p><p>Another thing I dont agree with on this and what pushes me to this being a gimmick by the TPGs is how 10 years ago coins were graded more harshly. For instance, and we talk about this all the time too, the OGH from PCGS were somewhat notorious for this. Many of them supposedly upgraded the last few years, and thats another pet peeve of mine. How can they say the 'market' has changed and now grade what was a 64 10 years ago as a 65 today? The only people that benefited were again the TPGs by re-submission frenzies and the dealers who got the top grade and then sold at the new higher grades price level. Again the majority of collectors got screwed out of money. So how is the 'market' not manipulated by the ones standing to make the most financial gain by playing these games?[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 1913157, member: 41863"]Like I said, I dont mind if the coins striking quality is taken into account for a grade. That does make sense and holds merit. What I disagree with is like what I said earlier, taking say an AU 1893-S with some hairlines that were obviously from an old cleaning and passing that coin as an XF-45 because the coin is deemed 'rare'. Its shouldnt be an XF-45, it should be genuine CLEANED. This is what I mean when I refer to 'market acceptability'. Who is buying that coin as an XF-45? And who is providing the most disservice in with this coin? To me, the fault lies with the TPGs, they should call the coin for what it is, but they get to hide under the 'market acceptable' gimmick and grade a problem coin as problem free. Well, if anything, they are the experts and should be shining the light on the fact that this coin is trouble. Not slabbing it anyway and then a collector getting hosed, or a future relative disappointed in something that was sold as something it truly wasnt. Like I said a coin is an inanimate object, they dont just up and change, the problem thats there today with be there tomorrow. Now some of us were discussing how at shows the majority of business is from dealer to dealer, so they WANT to see borderline coins in slabs. If its a clean XF-45 it will sell for more than an AU Details almost always. So I see a huge conflict of interest in this and cant help but question who and what is setting this 'market' that everyone throws at collectors. I dont know of any collector who WANTS a sub par coin for their collection unless thats the grade they settled on for a series, or specialize in sub par coins for some odd reason. Another thing I dont agree with on this and what pushes me to this being a gimmick by the TPGs is how 10 years ago coins were graded more harshly. For instance, and we talk about this all the time too, the OGH from PCGS were somewhat notorious for this. Many of them supposedly upgraded the last few years, and thats another pet peeve of mine. How can they say the 'market' has changed and now grade what was a 64 10 years ago as a 65 today? The only people that benefited were again the TPGs by re-submission frenzies and the dealers who got the top grade and then sold at the new higher grades price level. Again the majority of collectors got screwed out of money. So how is the 'market' not manipulated by the ones standing to make the most financial gain by playing these games?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
NGC Grading Class At CSNS
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...