OK - let's play the grading game

Discussion in 'US Coins Forum' started by GDJMSP, Mar 5, 2006.

  1. foundinrolls

    foundinrolls Roll Searching Enthusiast

    1883 CC
    PCGS
    MS 65
    MS 64
    MS63
    MS 61
    MS 62
    MS 61

    NGC
    MS 60
    MS65
    MS 64
    MS65
    MS 66

    Have Fun,
    Bill
     
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  3. foundinrolls

    foundinrolls Roll Searching Enthusiast

    In all cases, I graded the coins based upon my opinion then adjusted accordingly based on whether it was graded by PCGS or NGC.
    Have Fun,
    Bill
     
  4. Benz Coinz

    Benz Coinz www.benzcoinz.com

    On the PCGS Ikes...

    #1 MS63 - #2 MS67 - #3 MS64 - #4 MS66 - #5 MS64

    On the NGC Ikes...

    #1 MS65 - #2 MS67 - #3 MS68

    I'll work on the Morgan's when I return home this evening from work.

    Have a great day everyone!

    Ben :)
     
  5. Speedy

    Speedy Researching Coins Supporter

    Morgan Dollars---
    NGC
    1--MS66
    2--MS65
    3--MS65
    4--MS66
    5--MS65
    6--MS66

    Speedy
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    OK - now for the fun part. I'm kinda curious to see the reactions when I tell you that each and every one of those Ike dollars, slabbed by both companies, has the exact same grade - MS67.
     
  7. eddiespin

    eddiespin Fast Eddie

    Why am I not surprised. Somebody is making a lot of money and somebody else is making a lot of commission on that somebody's lot of money. Can't wait to hear what they say those Morgans are... ;)
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    The PCGS slabs -
     

    Attached Files:

  9. GDJMSP

    GDJMSP Numismatist Moderator

    The NGC slabbed Ikes -
     

    Attached Files:

  10. Speedy

    Speedy Researching Coins Supporter

    WOW---that first one in PCGS holder is really bad....I don't see how it got MS67....I guess this shows more than ever to grade the coin by yourself and not look at the slab.

    Speedy
     
  11. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    I guessed that this was going to be the result, when you mentioned that you had a point! I just didn't get to this thread until you'd already posted that.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator


    Then you won't be surprised when I tell you that all of the Morgans are the same grade too - MS65.
     
  13. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    Your point is well taken, the standard deviation of EVERY grader's (forum member who participated's) grades is greater for the PCGS than the NGC batches, both for the Morgans and the Ikes. This indicates that the graders here thought the coins were more consistantly graded accurately by NGC than they were by PCGS. While it doen't prove your point, per se, it is compelling.
     
  14. Leadfoot

    Leadfoot there is no spoon

    The coins were not of the same date and mintmark. The Ikes varied in both mint (D and S) and metal (clad and sliver).

    Regardless, the post is an eye-opener. Learn to grade for yourself, always buy the coin and not the holder, and don't buy anything untill you can tell the difference...Mike
     
  15. Speedy

    Speedy Researching Coins Supporter

    I tell you what....some of the Morgans looked better than MS65...the faces were clean and no big marks....I guess that this Art of Grading just keeps going!

    Speedy
     
  16. Marianne

    Marianne New Member

    I was just reading something by Scott A. Travers called "The 10 Greatest Myths of Slabbed Coins," and #2 was "All slabbed MS-65 coins are created equal." Here's the article:

    http://www.pocketchangelottery.com/article108.htm

    The whole Eye Appeal factor confuses me. I've read that it can bump a coin up a grade. It's bound to be subjective to start with, and then the slab isn't hermetically sealed. So couldn't the eye appeal deteriorate over time, while the technical grade remains fixed?

    I've also read that ICCS, the Canadian company, doesn't include Eye Appeal in their grading, so they're considered to be more conservative. This makes sense to me, since you should be buying the coin and not the slab. Seems to me it's my eye that should decide the appeal when I'm buying a coin. Am I being hopelessly naive?
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    I posted pics of the 2 D mint Ikes for one reason mainly - to show the level of consistency that PCGS has. But they were clad and I needed some PCGS clad examples.

    Unfortunately I couldn't find pics of any of these '73-Ds graded by NGC in the same grade to post for comparison.
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah, it could. And it has happened. But generally when it does happen it's because the coin was improperly dipped right before it was slabbed. PCGS has even been known to dip a coin before slabbing it WITHOUT asking the owner if he even wanted the coin dipped in the first place. But that's another story. The bottom line is that, with proper storage, a coin will rarely turn in the slab unless the coin was tampered with beforehand.

    The other point you need to remember is that the TPG's don't use techinical grading. As a matter of fact, hardly anybody does, with the exception of some individuals. Even the ANA doesn't use technical grading.


    I have heard that ICCS is more conservative than the US TPG's, but I've not heard that they don't consider eye appeal as part of the grade. It could be true, I have little to no experience with them. But discounting eye appeal as part of the grade is a huge mistake in my opinion.
     
  19. mrbrklyn

    mrbrklyn New Member


    What? Are they OUT OF THEIR MINDS. That would have me reaching for my lawyer very fast. I'll tell you this. When you hear stuff like this it makes me reconsider ever buying ANY coin in a PCGS slab....ever.

    Ruben
     
  20. mrbrklyn

    mrbrklyn New Member


    I'm too late to play, but I'll tel you this, the 1st and 3rd coins do NOT look mint to me at all. In fact, the first one looks quite worn.

    ruben
     
  21. mrbrklyn

    mrbrklyn New Member


    When you crop a jpeg you reduce the fidelity of the image. this is why it is called a lousy compression.

    Ruben
     
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