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<p>[QUOTE="Insider, post: 3657127, member: 24314"]Lehigh96, posted: "Yes, we all agree that eye appeal will increase the price of the coin, but that isn't the crux of the argument. He contends that <b>coins should be graded from a technical standpoint and that it should be up to the market to decide the value of coin.</b> I believe in market grading principles where "eye appeal" is part of the grading process and exceptional eye appeal should increase the actual grade of the coin, thereby increasing the price."</p><p><br /></p><p>Excellent post! </p><p><br /></p><p>This is the entire grading argument explained in a very concise way. The two sides can <b><i><u><span style="color: #660000">NEVER </span></u></i></b>come together -<b><i><u><span style="color: #660000"> EVER</span></u></i></b>! The powers that be don't wish this to be resolved either. Grading a coin by strict, "old-time" TRUE technical standards is a very easily learned skill with the proper instruction. The grade does not change over time if the condition of the coin stays the same. <span style="color: #ff0000">At least 98% of the subjectivity added by "modern" grading is removed.</span> Eye appeal and value have no influence on the technical grade. Today's "Detail" grading is actually the old technical system applied to impaired coins. Grade the coin, then mention its qualifiers. In the 1970's, this worked for straight graded coin too: MS-65, flat strike. A coin with full original luster, no rub, virtually no marks, great eye appeal YET missing some of its design. A commercial MS-64 at the time.</p><p><br /></p><p>You see, any knowledgeable person (YOU) can look at an Uncirculated coin and judge (rate) each of its qualities very easily:</p><p><br /></p><p>STRIKE:</p><p><br /></p><p>a. Flat</p><p>b. Weak</p><p>c. Normal</p><p>d. Strong</p><p><br /></p><p>Then, Luster, Marks, etc. </p><p><br /></p><p>It is very easy to teach with examples too. How many marks?</p><p><br /></p><p>a. None</p><p>b. Virtually none</p><p>c. Very few</p><p>d. Few, on and on down. Each adjective corresponds to a particular "look" that we all develop over time - faster if we study graded coins. </p><p><br /></p><p><b><i><u><span style="color: #b30000">UNFORTUNATELY</span></u></i></b>, as soon as coin dealers took over, grading became very subjective and more complicated, old established standards were "junked" and the rascals ran the coin business. You need to know what a coin should be worth compared to others from the same date and mint in order to "rank" its value to similar coins. With the foolishness going on today with stickers, cross-over, up grades, etc., "they" can paint a technical "pig" and sell it for $$,$$$ or even higher and most folks are very happy buyers and defenders of the practice. </p><p><br /></p><p>Therefore, I guess I'll side with the other guy...Grade the coin and let the seller price it according to how pretty it looks - TO HIM - which is just more added subjectivity. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 3657127, member: 24314"]Lehigh96, posted: "Yes, we all agree that eye appeal will increase the price of the coin, but that isn't the crux of the argument. He contends that [B]coins should be graded from a technical standpoint and that it should be up to the market to decide the value of coin.[/B] I believe in market grading principles where "eye appeal" is part of the grading process and exceptional eye appeal should increase the actual grade of the coin, thereby increasing the price." Excellent post! This is the entire grading argument explained in a very concise way. The two sides can [B][I][U][COLOR=#660000]NEVER [/COLOR][/U][/I][/B]come together -[B][I][U][COLOR=#660000] EVER[/COLOR][/U][/I][/B]! The powers that be don't wish this to be resolved either. Grading a coin by strict, "old-time" TRUE technical standards is a very easily learned skill with the proper instruction. The grade does not change over time if the condition of the coin stays the same. [COLOR=#ff0000]At least 98% of the subjectivity added by "modern" grading is removed.[/COLOR] Eye appeal and value have no influence on the technical grade. Today's "Detail" grading is actually the old technical system applied to impaired coins. Grade the coin, then mention its qualifiers. In the 1970's, this worked for straight graded coin too: MS-65, flat strike. A coin with full original luster, no rub, virtually no marks, great eye appeal YET missing some of its design. A commercial MS-64 at the time. You see, any knowledgeable person (YOU) can look at an Uncirculated coin and judge (rate) each of its qualities very easily: STRIKE: a. Flat b. Weak c. Normal d. Strong Then, Luster, Marks, etc. It is very easy to teach with examples too. How many marks? a. None b. Virtually none c. Very few d. Few, on and on down. Each adjective corresponds to a particular "look" that we all develop over time - faster if we study graded coins. [B][I][U][COLOR=#b30000]UNFORTUNATELY[/COLOR][/U][/I][/B], as soon as coin dealers took over, grading became very subjective and more complicated, old established standards were "junked" and the rascals ran the coin business. You need to know what a coin should be worth compared to others from the same date and mint in order to "rank" its value to similar coins. With the foolishness going on today with stickers, cross-over, up grades, etc., "they" can paint a technical "pig" and sell it for $$,$$$ or even higher and most folks are very happy buyers and defenders of the practice. Therefore, I guess I'll side with the other guy...Grade the coin and let the seller price it according to how pretty it looks - TO HIM - which is just more added subjectivity. :([/QUOTE]
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