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<p>[QUOTE="Owle, post: 918429, member: 22004"]There is too much uncertainty in the value of many coins. Here is a recent example: I had a $20 Saint recently certified. It is a very high-end 66. A buyer agreed, but did not think it had a 100% strike to get the next highest grade which is worth a lot more money. The in-between grades are a big problem; type II $20s for example, huge spread between 62-64. So coin dealers and investors are tempted to do many re-submissions to get the higher grade. If there was a system that could assign a three number grade to the coin, the uncertainty around the inbetween grades would diminish. I realize this is a huge step from the current system, and it would require a powerful analytical system to accurately come up with an advanced numerical grade. </p><p> </p><p>The Rosen Numismatic Advisory has been suggesting the benefits of improving the current system. A lot of progress is being made. Richard Maybury, the guy who runs this site-- <a href="http://chaostan.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://chaostan.com/" rel="nofollow">http://chaostan.com/</a> -- foresees a huge investor demand for certified coins. There are still a lot of hurdles to overcome before the variously graded coins are reliable as tangible assets.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 918429, member: 22004"]There is too much uncertainty in the value of many coins. Here is a recent example: I had a $20 Saint recently certified. It is a very high-end 66. A buyer agreed, but did not think it had a 100% strike to get the next highest grade which is worth a lot more money. The in-between grades are a big problem; type II $20s for example, huge spread between 62-64. So coin dealers and investors are tempted to do many re-submissions to get the higher grade. If there was a system that could assign a three number grade to the coin, the uncertainty around the inbetween grades would diminish. I realize this is a huge step from the current system, and it would require a powerful analytical system to accurately come up with an advanced numerical grade. The Rosen Numismatic Advisory has been suggesting the benefits of improving the current system. A lot of progress is being made. Richard Maybury, the guy who runs this site-- [URL]http://chaostan.com/[/URL] -- foresees a huge investor demand for certified coins. There are still a lot of hurdles to overcome before the variously graded coins are reliable as tangible assets.[/QUOTE]
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