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<p>[QUOTE="lettow, post: 1640040, member: 6986"]What you are describing is essentially market grading. And grading by number, not by words. Eye appeal from centering or embossing may be a factor in pricing but neither have anything to do with the condition of the paper -- which is what is graded under the IBNS standards. </p><p><br /></p><p>Eye appeal is not graded using these same standards. Eye appeal relates to pricing. If you are grading by numbers then the better centered note has to have a higher number because you expect it to be worth more.</p><p><br /></p><p>If I were creating a grading scale for paper money I would use 100 points for the condition of the paper and a decimal notation to take into consideration these other factors. (No matter how many times I have tried to explain the 70 point scale to a European they leave shaking their head.)</p><p><br /></p><p>Under my scale a perfect note (whatever that means) would garner 100.9. 100 for the condition of the paper and .9 for the maximum consideration of the other elements. </p><p><br /></p><p>It has been my impression that the difference between the grades of 65 and above relate mostly to centering. One question that I have never gotten an answer to is how do the TPGs differentiate these higher grades for notes which do not have framing and unprinted borders like US notes do? What standards are they using to determine the centering of a note that has these characteristics.</p><p><br /></p><p>The 70 point scale for paper money was forced onto the hobby by a small group of people (the grading companies themselves and dealers) whose interests in doing so were self-motivated and driven solely by money. They forced a square peg into a round hole by applying something to paper money that it was not designed for. Unless the entire industry gets behind changing it we are stuck with it. </p><p><br /></p><p>The IBNS standards were developed after years of study and received input from both dealers and collectors. Having sat on the IBNS board for the last 10 years I can tell you that the only feedback that has been received at the board level regarding grading are comments about the lower standards used in the US and the question of adding + or - to the official standards. No one has suggested adopting a numerical scale. Is it time to consider one? Perhaps.[/QUOTE]</p><p><br /></p>
[QUOTE="lettow, post: 1640040, member: 6986"]What you are describing is essentially market grading. And grading by number, not by words. Eye appeal from centering or embossing may be a factor in pricing but neither have anything to do with the condition of the paper -- which is what is graded under the IBNS standards. Eye appeal is not graded using these same standards. Eye appeal relates to pricing. If you are grading by numbers then the better centered note has to have a higher number because you expect it to be worth more. If I were creating a grading scale for paper money I would use 100 points for the condition of the paper and a decimal notation to take into consideration these other factors. (No matter how many times I have tried to explain the 70 point scale to a European they leave shaking their head.) Under my scale a perfect note (whatever that means) would garner 100.9. 100 for the condition of the paper and .9 for the maximum consideration of the other elements. It has been my impression that the difference between the grades of 65 and above relate mostly to centering. One question that I have never gotten an answer to is how do the TPGs differentiate these higher grades for notes which do not have framing and unprinted borders like US notes do? What standards are they using to determine the centering of a note that has these characteristics. The 70 point scale for paper money was forced onto the hobby by a small group of people (the grading companies themselves and dealers) whose interests in doing so were self-motivated and driven solely by money. They forced a square peg into a round hole by applying something to paper money that it was not designed for. Unless the entire industry gets behind changing it we are stuck with it. The IBNS standards were developed after years of study and received input from both dealers and collectors. Having sat on the IBNS board for the last 10 years I can tell you that the only feedback that has been received at the board level regarding grading are comments about the lower standards used in the US and the question of adding + or - to the official standards. No one has suggested adopting a numerical scale. Is it time to consider one? Perhaps.[/QUOTE]
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