Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
Frequently Asked Questions
>
The 70 Point Sheldon Grading System
>
Reply to Thread
Message:
<p>[QUOTE="John Burgess, post: 7970451, member: 105098"]Prices are always connected to supply and demand, and there will always be times where supply outpaces demand, and there will be times when demand outpaces supply. </p><p><br /></p><p>there's no real way to figure out if a price is "right" even with grading involved. Maybe a really common coin is graded MS69, and it's a one of a kind, while a more rare date is MS65 with a few hundred examples for collectors to chose from. </p><p><br /></p><p>even so, it's only worth what someone will pay for it, but if it's desirable and in short supply people will fight for it, while it might be desirable and plenty for sale, and there's just not much action... all you can eat...</p><p><br /></p><p>Why not a 10 point grading scale? why not a decimal system with 1.00 being the best and 0.00 being the worst? why not base 14 system? One is as good as another as long as most people can understand how it works. And the Sheldon Scale, most people can understand how it works. in the end the 70 is an arbitrary number for 100. does the system need 100 grades? not really,...</p><p><br /></p><p>How About</p><p>1 Poor PO</p><p>2 Fair FR</p><p>3 About Good AG</p><p>4 Good G</p><p>5 Very Good VG,</p><p>6 Fine F</p><p>7 Very Fine VF</p><p>8 Extremely Fine/Extra Fine Ex. Fine</p><p>9 About Uncirculated/Almost Uncirculated AU</p><p>10 Mint State/Proof. </p><p>then use 10 decimals in each grade? so I coin could grade 5.01 for low,VG, 5.05 for middle VG, 5.10 for VG+ if you want to get exact over it? Maybe just do that in the 10 category and use a 10.01 for lowest mint state, and 10.99 for highest mint state.</p><p><br /></p><p>Again one system is as good as another as long as it catches on and the majority can understand it, and even possibly agree on the grades once in a while. grades 1-4 should all be one grade of "sucky, but it will do if there's nothing else available". </p><p><br /></p><p>Even the comic book grading scale has more grades at the top and more at the bottom, with half steps in the middle. Baseball cards it's a 10 point system with half points at the bottom of 1 for poor and 1.5 for fair, 2 for good, but can give a half point for any grade like 9.5 for an exceptional characteristic beyond similar cards of that grade... which in my opinion, makes no sense if you are going to use 1.5 for "fair". But again, if people understand it, and it works for most folks, then it works.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 7970451, member: 105098"]Prices are always connected to supply and demand, and there will always be times where supply outpaces demand, and there will be times when demand outpaces supply. there's no real way to figure out if a price is "right" even with grading involved. Maybe a really common coin is graded MS69, and it's a one of a kind, while a more rare date is MS65 with a few hundred examples for collectors to chose from. even so, it's only worth what someone will pay for it, but if it's desirable and in short supply people will fight for it, while it might be desirable and plenty for sale, and there's just not much action... all you can eat... Why not a 10 point grading scale? why not a decimal system with 1.00 being the best and 0.00 being the worst? why not base 14 system? One is as good as another as long as most people can understand how it works. And the Sheldon Scale, most people can understand how it works. in the end the 70 is an arbitrary number for 100. does the system need 100 grades? not really,... How About 1 Poor PO 2 Fair FR 3 About Good AG 4 Good G 5 Very Good VG, 6 Fine F 7 Very Fine VF 8 Extremely Fine/Extra Fine Ex. Fine 9 About Uncirculated/Almost Uncirculated AU 10 Mint State/Proof. then use 10 decimals in each grade? so I coin could grade 5.01 for low,VG, 5.05 for middle VG, 5.10 for VG+ if you want to get exact over it? Maybe just do that in the 10 category and use a 10.01 for lowest mint state, and 10.99 for highest mint state. Again one system is as good as another as long as it catches on and the majority can understand it, and even possibly agree on the grades once in a while. grades 1-4 should all be one grade of "sucky, but it will do if there's nothing else available". Even the comic book grading scale has more grades at the top and more at the bottom, with half steps in the middle. Baseball cards it's a 10 point system with half points at the bottom of 1 for poor and 1.5 for fair, 2 for good, but can give a half point for any grade like 9.5 for an exceptional characteristic beyond similar cards of that grade... which in my opinion, makes no sense if you are going to use 1.5 for "fair". But again, if people understand it, and it works for most folks, then it works.[/QUOTE]
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
Coin Talk
Home
Forums
>
CoinTalk
>
Frequently Asked Questions
>
The 70 Point Sheldon Grading System
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...