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<p>[QUOTE="TypeCoin971793, post: 4507342, member: 78244"]And they don’t even follow that!</p><p><br /></p><p><br /></p><p><br /></p><p>I am much more of a technical grader (as you know), so I place much more emphasis on surface preservation and treat eye appeal as a checkmark. At grades above 64, the eye appeal should be net positive. If not, then that is grade limiting to the lower level.</p><p><br /></p><p><br /></p><p>Elements of “Technical-ish” Grading (weights):</p><p><br /></p><p>Surface Preservation--60%</p><p>Luster------------------30%</p><p>Strike------------------10%</p><p>Eye Appeal------------Yes/No</p><p><br /></p><p>Using your example: Morgan Dollar with phenomenal vibrant lustrous bag toning, above average strike, and near unimprovable eye appeal with MS63 surfaces.</p><p><br /></p><p>SP: 63 x 0.6 = 37.8</p><p>L: 67 x 0.3 = 20.1</p><p>S: 65 x 0.1 = 6.5</p><p>EA: Yes</p><p><br /></p><p>Resultant Grade: 64.4</p><p><br /></p><p>So it makes 64. I would consider it a “luster bump” because I place an emphasis on luster in grading.</p><p><br /></p><p>Putting it in a 65 holder runs the risk of an ignoramus paying 66 money for it as a premium 65 rather than a superbly premium 63/64. That is why I am against the practice. Because the TPGs don’t talk about what they do, it’s nearly impossible for most collectors to learn what they do. That encourages confusion and misunderstanding, but the TPGs don’t care about the “little guys” as long as the TPGs maintain their control of the market.</p><p><br /></p><p>My other qualm is that trying to force the market to accept that “Our grade of XX means the coin has to be worth $XXX” is a fool’s errand. Again, this is not publicized for obvious reasons and feeds beck into the above problem. However, they have succeeded in getting most collectors to believe “Grade XX = Value $XXX” by keeping them from having to learn how to grade. That is the only reason why the exact same coin can have two vastly different values just because the holder changed. The TPG opinions are not treated as opinions, but as God-sent, end-all be-all fact.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 4507342, member: 78244"]And they don’t even follow that! I am much more of a technical grader (as you know), so I place much more emphasis on surface preservation and treat eye appeal as a checkmark. At grades above 64, the eye appeal should be net positive. If not, then that is grade limiting to the lower level. Elements of “Technical-ish” Grading (weights): Surface Preservation--60% Luster------------------30% Strike------------------10% Eye Appeal------------Yes/No Using your example: Morgan Dollar with phenomenal vibrant lustrous bag toning, above average strike, and near unimprovable eye appeal with MS63 surfaces. SP: 63 x 0.6 = 37.8 L: 67 x 0.3 = 20.1 S: 65 x 0.1 = 6.5 EA: Yes Resultant Grade: 64.4 So it makes 64. I would consider it a “luster bump” because I place an emphasis on luster in grading. Putting it in a 65 holder runs the risk of an ignoramus paying 66 money for it as a premium 65 rather than a superbly premium 63/64. That is why I am against the practice. Because the TPGs don’t talk about what they do, it’s nearly impossible for most collectors to learn what they do. That encourages confusion and misunderstanding, but the TPGs don’t care about the “little guys” as long as the TPGs maintain their control of the market. My other qualm is that trying to force the market to accept that “Our grade of XX means the coin has to be worth $XXX” is a fool’s errand. Again, this is not publicized for obvious reasons and feeds beck into the above problem. However, they have succeeded in getting most collectors to believe “Grade XX = Value $XXX” by keeping them from having to learn how to grade. That is the only reason why the exact same coin can have two vastly different values just because the holder changed. The TPG opinions are not treated as opinions, but as God-sent, end-all be-all fact.[/QUOTE]
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