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PCGS ... this is indefensible!
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<p>[QUOTE="Insider, post: 2627547, member: 24314"]<span style="color: #006600">IMO, most EAC members know more about copper coins than most (?) of the TPG's, coin dealers and collectors. Some members of EAC actually work or formerly worked at TPGS. I was a member of EAC for several years but the minutiae about the coins was too much for me to absorb. I do recommend collectors interested in copper read the EAC grading guide. Fortunately, the only folks to use EAC grading are EAC dealers and members as it is based on "net grading" which is <b>STUPID</b>.</span></p><p><br /></p><p><span style="color: #006600">Although, this quote must be an attempt at humor:</span><span style="color: #0059b3"> </span></p><p> <span style="color: #006600"> It makes my point!</span></p><p><br /></p><p><br /></p><p><br /></p><p><span style="color: #006600">IMO, at least two of the PCGS coins above have enough design detail that they could have been graded MS if they did not have problems. PCGS has net graded them and left them as straight grades. IMO, this was stupid on their part as it pollutes the value of their opinion. Which is it PCGS? Are you going to net grade an MS coin down to AU or grade a coin AU-58 corroded or even MS-60 corroded which they are! A submitter has no idea how you are going to grade their coin now. This net grading approach clouds the issue more.</span><span style="color: #003366"> </span></p><p><br /></p><p><br /></p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> <span style="color: #006633">I find NOTHING in that press release that relates to these coins and how they were graded. They do not appear to be "restored."</span>[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2627547, member: 24314"][COLOR=#006600]IMO, most EAC members know more about copper coins than most (?) of the TPG's, coin dealers and collectors. Some members of EAC actually work or formerly worked at TPGS. I was a member of EAC for several years but the minutiae about the coins was too much for me to absorb. I do recommend collectors interested in copper read the EAC grading guide. Fortunately, the only folks to use EAC grading are EAC dealers and members as it is based on "net grading" which is [B]STUPID[/B].[/COLOR] [COLOR=#006600]Although, this quote must be an attempt at humor:[/COLOR][COLOR=#0059b3] [/COLOR] [COLOR=#006600] It makes my point![/COLOR] [COLOR=#006600]IMO, at least two of the PCGS coins above have enough design detail that they could have been graded MS if they did not have problems. PCGS has net graded them and left them as straight grades. IMO, this was stupid on their part as it pollutes the value of their opinion. Which is it PCGS? Are you going to net grade an MS coin down to AU or grade a coin AU-58 corroded or even MS-60 corroded which they are! A submitter has no idea how you are going to grade their coin now. This net grading approach clouds the issue more.[/COLOR][COLOR=#003366] [/COLOR] :rolleyes: [COLOR=#006633]I find NOTHING in that press release that relates to these coins and how they were graded. They do not appear to be "restored."[/COLOR][/QUOTE]
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