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overgraded PCGS 1814 Large Cent?
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<p>[QUOTE="Leadfoot, post: 963722, member: 2972"]G, you have to take off your techincal grading hat and put on a market grading one.... Here's how to do that (for those of you not aware)....</p><p><br /></p><p>First, understand that PCGS market grades, and they do not techincal grade as the ANA does. Forget what they wrote in their grading books and website. It is only used to arrive at the base grade, not the final, market grade. As an aside, it is worth noting that the EAC standards, a version of market grading, are much closer to PCGS than ANA.</p><p><br /></p><p>Second, compare that coin's planchet to the average 1814 and you will quickly notice how nice of a coin it is.</p><p><br /></p><p>Combine the two, and then perhaps you'll understand how PCGS arrived at the grade it did.</p><p><br /></p><p>All that said, I'd like the coin much more in a g-6 slab rather than a vg-8 one, but only having crappy pictures to go on, I'll take PCGS's word on it and agree with the grade/valuation -- that coin is clearly worth more than G-4 money and that's what PCGS is trying to predict -- the market value not the technical grade....Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 963722, member: 2972"]G, you have to take off your techincal grading hat and put on a market grading one.... Here's how to do that (for those of you not aware).... First, understand that PCGS market grades, and they do not techincal grade as the ANA does. Forget what they wrote in their grading books and website. It is only used to arrive at the base grade, not the final, market grade. As an aside, it is worth noting that the EAC standards, a version of market grading, are much closer to PCGS than ANA. Second, compare that coin's planchet to the average 1814 and you will quickly notice how nice of a coin it is. Combine the two, and then perhaps you'll understand how PCGS arrived at the grade it did. All that said, I'd like the coin much more in a g-6 slab rather than a vg-8 one, but only having crappy pictures to go on, I'll take PCGS's word on it and agree with the grade/valuation -- that coin is clearly worth more than G-4 money and that's what PCGS is trying to predict -- the market value not the technical grade....Mike[/QUOTE]
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overgraded PCGS 1814 Large Cent?
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