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<p>[QUOTE="dougsmit, post: 3960484, member: 19463"]I believe a lot of the price of GIII is based on strike rather than wear. Thanks to NGC rewriting of standards, we see coins marked MS because they have no wear but previously would have been lower because the strike failed to transfer detail around the ear. There is also the matter of current tendencies to grade more for the obverse resulting in MS coins with worn die reverses that should sell for a discount from two sided sharp coins. For example, the coin below was VF in 2002 when I bought it for $25 but a lot of the missing detail is strike related to the point that the lower part of the figure of Pax transferred to the blank. It has wear but the big problem is strike.</p><p>[ATTACH=full]1043193[/ATTACH] </p><p><br /></p><p>The one below was $55 in late 2001. Given the date, I suspect the price quote was reasonably close. </p><p>[ATTACH=full]1043210[/ATTACH] </p><p><br /></p><p>Overall, perhaps what we need is a quiz written with less emphasis on certain periods and certainly no price question. Writing a fair quiz on a subject like we study is not an easy task. I tried in 2011 and failed miserably. </p><p><a href="http://www.forumancientcoins.com/dougsmith/quiz.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/dougsmith/quiz.html" rel="nofollow">http://www.forumancientcoins.com/dougsmith/quiz.html</a></p><p>Part of my problem was I was trying to craft questions that were not easily answered with search engine skills. Search engines are better now. I do not propose this as a "fair and balanced" quiz but it would be interesting to see what people on CT do believe would be "fair and balanced". I suspect we each would have our own ideas on the matter. I did not post answers to the quiz back then and received only a very few attempts. When this was posted, I was not very active on CT but would be happy to receive CT Conversations on the matter today. </p><p><br /></p><p>I pity the school teachers among us who must walk the "fair and balanced" tightrope regularly.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3960484, member: 19463"]I believe a lot of the price of GIII is based on strike rather than wear. Thanks to NGC rewriting of standards, we see coins marked MS because they have no wear but previously would have been lower because the strike failed to transfer detail around the ear. There is also the matter of current tendencies to grade more for the obverse resulting in MS coins with worn die reverses that should sell for a discount from two sided sharp coins. For example, the coin below was VF in 2002 when I bought it for $25 but a lot of the missing detail is strike related to the point that the lower part of the figure of Pax transferred to the blank. It has wear but the big problem is strike. [ATTACH=full]1043193[/ATTACH] The one below was $55 in late 2001. Given the date, I suspect the price quote was reasonably close. [ATTACH=full]1043210[/ATTACH] Overall, perhaps what we need is a quiz written with less emphasis on certain periods and certainly no price question. Writing a fair quiz on a subject like we study is not an easy task. I tried in 2011 and failed miserably. [URL]http://www.forumancientcoins.com/dougsmith/quiz.html[/URL] Part of my problem was I was trying to craft questions that were not easily answered with search engine skills. Search engines are better now. I do not propose this as a "fair and balanced" quiz but it would be interesting to see what people on CT do believe would be "fair and balanced". I suspect we each would have our own ideas on the matter. I did not post answers to the quiz back then and received only a very few attempts. When this was posted, I was not very active on CT but would be happy to receive CT Conversations on the matter today. I pity the school teachers among us who must walk the "fair and balanced" tightrope regularly.[/QUOTE]
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