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<p>[QUOTE="rick, post: 76338, member: 1235"]the former. I was wondering if anyone had any run-ins with the changes in the grading standards. I have not, personally, but I don't buy and sell nearly as much as a lot of people in the hobby.</p><p> </p><p>I guess the whole business that people were talking about a few weeks ago just *still* sits poorly with me - and not just because I don't like the idea of grade adjustments. Where I don't like that, I find that if the hobby decides grading needs to be tweeked every now and again, that will happen... I don't agree with it, but I can at least understand 'hey, people think that what we used to call above average F is now considered an average VF. People thought about it, and that's what people decided.' To me, that's much like saying 'ok 2+2 used to = 4, but now people have decided to call 4 '5' - we aren't saying that 2 is now = to 2.5, or that 4 has really changed in real value... we're just calling 4 '5'.' So fine... I think it's ridiculous, but I can process the idea. Nothing really changes except the terms used.</p><p> </p><p>But what seemed to be explained was that the 1-70 grading standard was a value based grading system, which I thought was sort of odd - and I have never personally directly read Dr. Sheldon's works. But unless Travers has it all wrong, it doesn't appear that the 1-70 designation is value based in the formula. At least, if it is, it doesn't need to be. It just defies reason. Set aside, for a moment, that the only real thing that defines value is market economics - I can't call a Dodge a BMW and expect I can price it according to the name I gave it. It's still a Dodge.</p><p> </p><p>This hobby, in my opinion, is filled with smart and reasonable people. This leaves me with the thought that something happens that I don't understand. Like anyone else, I can see what happened and accept the facts in the aftermath - but the logical process entirely evades me.[/QUOTE]</p><p><br /></p>
[QUOTE="rick, post: 76338, member: 1235"]the former. I was wondering if anyone had any run-ins with the changes in the grading standards. I have not, personally, but I don't buy and sell nearly as much as a lot of people in the hobby. I guess the whole business that people were talking about a few weeks ago just *still* sits poorly with me - and not just because I don't like the idea of grade adjustments. Where I don't like that, I find that if the hobby decides grading needs to be tweeked every now and again, that will happen... I don't agree with it, but I can at least understand 'hey, people think that what we used to call above average F is now considered an average VF. People thought about it, and that's what people decided.' To me, that's much like saying 'ok 2+2 used to = 4, but now people have decided to call 4 '5' - we aren't saying that 2 is now = to 2.5, or that 4 has really changed in real value... we're just calling 4 '5'.' So fine... I think it's ridiculous, but I can process the idea. Nothing really changes except the terms used. But what seemed to be explained was that the 1-70 grading standard was a value based grading system, which I thought was sort of odd - and I have never personally directly read Dr. Sheldon's works. But unless Travers has it all wrong, it doesn't appear that the 1-70 designation is value based in the formula. At least, if it is, it doesn't need to be. It just defies reason. Set aside, for a moment, that the only real thing that defines value is market economics - I can't call a Dodge a BMW and expect I can price it according to the name I gave it. It's still a Dodge. This hobby, in my opinion, is filled with smart and reasonable people. This leaves me with the thought that something happens that I don't understand. Like anyone else, I can see what happened and accept the facts in the aftermath - but the logical process entirely evades me.[/QUOTE]
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