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<p>[QUOTE=&quot;NPCoin, post: 1063983, member: 5629&quot;]Agree to disagree?</p><p><br /></p><p>I personally see designating a circulated coin as uncirculated (even if it is an AU-58 &quot;becoming&quot; an MS-60) to be just as much gross negligence as SGS grading a seemingly MS-63 coin as MS-70.&nbsp; But, that is only personal opinion.&nbsp; And being a subjective matter, there are questionable times as to the difference of even an AU-58 and MS-60.</p><p><br /></p><p>However, that is just a nitpick.&nbsp; The real issue is when the market changes.&nbsp; Even if the standard utilized by the TPG does not itself change, by relying heavily on market grading, a coin that five years ago graded MS-65 because the market accepted the coin on subjective matters to obtain the same value as other coins graded MS-65, today may well fall to an MS-63 grade because the market itself has changed.</p><p><br /></p><p>In no way do I find this form of grading to be &quot;rewarding&quot;.&nbsp; In order to &quot;properly&quot; ascertain a coin&#039;s grade based on this from of grading, an individual must understand the particular market for the coin in question.&nbsp; The TPGs are supposed to be there to make things &quot;easier&quot; for the novice collector and investor.&nbsp; A market adviser of sorts. However, it is the novice who is not going to quite understand the market at this point in their learning, and may thus become discouraged or disgruntled when the market does change and what they thought they had is no longer what they have. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>After years of studying the TPG slabbed coins and their grades, once the market shifts its bias in a different direction, that knowledge really comes to nothing unless one is also on top of the particular market to keep up with market acceptability.</p><p><br /></p><p>I personally believe in a more technical grade with the subjective aspects being detailed in the grade.&nbsp; The price one pays for any coin should never be any more than they are willing to pay for the specific coin.&nbsp; Using a &quot;grade&quot; to determine how much one is willing to pay is simply being market manipulated.&nbsp; When a person becomes market manipulated, they tend to pay for their coins like one pays for retail goods...based on some imaginary &quot;Manufacturer&#039;s Suggested Retail Price&quot;.</p><p><br /></p><p>Learning to grade is a very important aspect of buying (and selling) coins.&nbsp; Second in importance is knowing the market.&nbsp; Relying on a third party to make the first determination leaves you vulnerable to being manipulated by the market itself (including those same third parties).&nbsp; Grading is a subjective opinion...nothing more.&nbsp; Not all MS-65s are graded equal.[/QUOTE]</p><p><br /></p>

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