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<p>[QUOTE="GDJMSP, post: 72054, member: 112"]If we are going to talk about using facts - there aren't many we can use. In fact there aren't many at all - facts that is.</p><p><br /></p><p>Population reports are pretty much meaningless. That's because they don't take into account re-submissions as has already been mentioned. For those who don't understand what that means - say you submit a coin for grading to PCGS. You think it's a 67 but it comes back a 65. The pop report for that coin and date in 65 is increased by 1 when your coin is graded. But since you disagree you send the coin in again. And because you are worried that coin being in an existing slab will prejudice the graders you crack the coin out first. It's returned to you - again a 65. The pop report goes up by 1. Say you do this 3 times with the same result - all you have done is increase the pop report for that coin & date in 65 by 3 - but you did it with one coin. </p><p><br /></p><p>Now how many times do suppose that happens each and every day ? Trust me it's a lot. And it happens at all of the grading companies. So pop reports equal facts ? Not in my book. Pop reports don't mean anything - at best they only give you general ideas.</p><p><br /></p><p>And at any rate - if you are trying to determine which grading company is more conservative - you need to look at more than 1 grade to determine that now don't you ? After all there are nearly 30 different grades used by the grading companies. Will a comparison of just one of them tell you which one is more conservative ? Again - not in my book.</p><p><br /></p><p>Now realized prices - those are facts. But what do they prove ? All they prove is that somebody is willing to pay more for a coin in this slab than in that slab. Does that prove that one grading company is more conservative than another ? No - it doesn't prove anything except what people are willing to pay. It's doesn't tell you why people are willing to pay more - it just tells you they are.</p><p><br /></p><p>Now let's look at another fact or two. When it comes to grading Franklin half dollars as FBL ( full bell lines ) - PCGS only requires that the bottom row of bell lines be full and unbroken. NGC requires that the upper & lower rows of bell lines be full and unbroken. You decide - which company is more conservative ?</p><p><br /></p><p>When grading Mercury dimes - for a coin to graded FB ( full bands ) PCGS requires that the middle bands be separate and unbroken. NGC requires all 3 rows of bands to separate and unbroken. You decide - which company is more conservative ? </p><p><br /></p><p>There are more that can be listed - but I think you get the idea. In each and every case, NGC requires more than PCGS for the grading designations of other coins similar to those I mentioned above.</p><p><br /></p><p>Those are facts - not assumptions based on this must be so because of that - but facts.</p><p><br /></p><p>But do they answer the question of which company is more conservative ? In my opinion no it does not. It might give you a pretty good idea - but it does not give you a definitive answer. In my opinion there is only one thing that can give you a definitive answer - and it's not me, and it's not somebody else - it's your own eyes. </p><p><br /></p><p>When you have learned to accurately coins grade yourself, and you have looked at enough examples of different denominations graded by ALL of the grading companies - and I mean thousands of each from each - then you can decide. For then you will have the facts. </p><p><br /></p><p>Until then - don't even try.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 72054, member: 112"]If we are going to talk about using facts - there aren't many we can use. In fact there aren't many at all - facts that is. Population reports are pretty much meaningless. That's because they don't take into account re-submissions as has already been mentioned. For those who don't understand what that means - say you submit a coin for grading to PCGS. You think it's a 67 but it comes back a 65. The pop report for that coin and date in 65 is increased by 1 when your coin is graded. But since you disagree you send the coin in again. And because you are worried that coin being in an existing slab will prejudice the graders you crack the coin out first. It's returned to you - again a 65. The pop report goes up by 1. Say you do this 3 times with the same result - all you have done is increase the pop report for that coin & date in 65 by 3 - but you did it with one coin. Now how many times do suppose that happens each and every day ? Trust me it's a lot. And it happens at all of the grading companies. So pop reports equal facts ? Not in my book. Pop reports don't mean anything - at best they only give you general ideas. And at any rate - if you are trying to determine which grading company is more conservative - you need to look at more than 1 grade to determine that now don't you ? After all there are nearly 30 different grades used by the grading companies. Will a comparison of just one of them tell you which one is more conservative ? Again - not in my book. Now realized prices - those are facts. But what do they prove ? All they prove is that somebody is willing to pay more for a coin in this slab than in that slab. Does that prove that one grading company is more conservative than another ? No - it doesn't prove anything except what people are willing to pay. It's doesn't tell you why people are willing to pay more - it just tells you they are. Now let's look at another fact or two. When it comes to grading Franklin half dollars as FBL ( full bell lines ) - PCGS only requires that the bottom row of bell lines be full and unbroken. NGC requires that the upper & lower rows of bell lines be full and unbroken. You decide - which company is more conservative ? When grading Mercury dimes - for a coin to graded FB ( full bands ) PCGS requires that the middle bands be separate and unbroken. NGC requires all 3 rows of bands to separate and unbroken. You decide - which company is more conservative ? There are more that can be listed - but I think you get the idea. In each and every case, NGC requires more than PCGS for the grading designations of other coins similar to those I mentioned above. Those are facts - not assumptions based on this must be so because of that - but facts. But do they answer the question of which company is more conservative ? In my opinion no it does not. It might give you a pretty good idea - but it does not give you a definitive answer. In my opinion there is only one thing that can give you a definitive answer - and it's not me, and it's not somebody else - it's your own eyes. When you have learned to accurately coins grade yourself, and you have looked at enough examples of different denominations graded by ALL of the grading companies - and I mean thousands of each from each - then you can decide. For then you will have the facts. Until then - don't even try.[/QUOTE]
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