Message:

<p>[QUOTE=&quot;beef1020, post: 1452412, member: 24544&quot;]Maybe we use standardize in two different ways.&nbsp; Part of the goal of TPG grading on coins was to open the coin market up to an investor market which needs liquidity and fungibility in their investment.&nbsp; It also helped dealers trade sight unseen by relying on the grading party, an efficiency improvement that the TPGs could tap into and monetize.&nbsp; This works wonderfully with Morgan dollars where there is not much difference between a two MS64s, but does not work nearly as well with these early series, the early coins are just not fungible as mid to late 1800 coins are.</p><p><br /></p><p>As to the claim of knowing and grading based on strike characteristics of a specific coin I think the answer is probably somewhere in the middle.&nbsp; I have seen plenty of S24 and S65 large cent&#039;s overgraded by TPG due their unique high points (cheeks on S24, lower left rim on S65) protecting other obverse surface detail from wear.&nbsp; They may take it into consideration for some coins, but I know they don&#039;t do it for all.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in