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<p>[QUOTE="swagge1, post: 1438270, member: 22402"]The problem I have in general with TGP's and grading is consistency. How many "guess the grade" threads do we see here? Quite a few... and many are in MS63 and higher grades. For a coin that PCGS has graded MS65 you may see a poll with voters chosing a spread of maybe MS63 to MS67. The people posting in these polls have a vast amout of experience and I have much respect for them. Who is "right"? The TGP? The dealer with 30+ years in the business? The issue to me is that in many coins the difference between being graded MS64 and MS65 is hundreds or even thousands of dollars. So what do those of you who have a decent grasp on grading MS coins in a series do at a coin show? Lets say you see a PCGS coin slabbed in an MS65 holder but you grade it as a MS64. The FMV difference between the two is $250. Do you offer the dealer MS64 money and walk away if he refuses? Coin grading is subjective, especially in MS and Proof grades. It is hard for me to understand how a price guide can be made for a range of grades when the grades are not absolute. There will probabably never be an "absolute" grading system, but until I can grade with any accuracy and consistency, I will unfortunately be one of those who is at the mercy of what the TGP says the coin is graded.[/QUOTE]</p><p><br /></p>
[QUOTE="swagge1, post: 1438270, member: 22402"]The problem I have in general with TGP's and grading is consistency. How many "guess the grade" threads do we see here? Quite a few... and many are in MS63 and higher grades. For a coin that PCGS has graded MS65 you may see a poll with voters chosing a spread of maybe MS63 to MS67. The people posting in these polls have a vast amout of experience and I have much respect for them. Who is "right"? The TGP? The dealer with 30+ years in the business? The issue to me is that in many coins the difference between being graded MS64 and MS65 is hundreds or even thousands of dollars. So what do those of you who have a decent grasp on grading MS coins in a series do at a coin show? Lets say you see a PCGS coin slabbed in an MS65 holder but you grade it as a MS64. The FMV difference between the two is $250. Do you offer the dealer MS64 money and walk away if he refuses? Coin grading is subjective, especially in MS and Proof grades. It is hard for me to understand how a price guide can be made for a range of grades when the grades are not absolute. There will probabably never be an "absolute" grading system, but until I can grade with any accuracy and consistency, I will unfortunately be one of those who is at the mercy of what the TGP says the coin is graded.[/QUOTE]
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