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<p>[QUOTE="TypeCoin971793, post: 3503845, member: 78244"]Looks like they are in plastic holders in that picture.</p><p><br /></p><p><br /></p><p><br /></p><p>Based on the technical definitions of AU and MS (which are incidentally proudly displayed on the TPGs’ websites), it must have <b><i><u>no</u></i></b> <b><i>wear</i></b> to grade MS. It is a fundamental definition.</p><p><br /></p><p><br /></p><p><br /></p><p>Are they the same quality? No, most definitely not. The second one is far superior in quality.</p><p><br /></p><p>Should they be the same price? HELL naw. I’m not currently in the market for one, and nor have I studied the market for this issue, so I can’t quote prices.</p><p><br /></p><p>So we are at an impasse. By the fundamental definitions put in place decades ago and advertised by the TPGs, they are the same grade. But they are most definitely not the same quality and should not have the same value. Yet the holder (more like the Registry points) does not reflect this, and the mentality that lower-grade coins must be worth less than higher-grade coins prevents it from realizing its true value. This is a problem. I’m sure we both can agree.</p><p><br /></p><p>So how can this be fixed without resorting to overgrading? Publicly redefine the standard to something like “for an MS coin there must be no wear in the fields.” They have yet to do this. If they can set a standard for what they do instead of sweeping it under the rug, then I’d have much less of a problem with it.</p><p><br /></p><p>But you and Baseball have been arguing for a fluid grading system (or, more-accurately, pricing system) with no hard stops. There is nothing more fluid than letting the free market set the price of each individual coin without a “grade” holding it within a bracket of value, given that there is a baseline that it is genuine and problem-free (these standards can be mush more easily defined than say MS-64 vs 65). Each buyer looks at the coin to see if it has the condition and look that they want for their collection, and will determine if the price is what they want to pay. Each coin would hold its own in terms of its state of preservation, strike, and eye appeal. But that would be woefully inconvenient in a market where collectors need to be told whether or not their coin is a nice coin and whether or not it fits in their collection.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3503845, member: 78244"]Looks like they are in plastic holders in that picture. Based on the technical definitions of AU and MS (which are incidentally proudly displayed on the TPGs’ websites), it must have [B][I][U]no[/U][/I][/B] [B][I]wear[/I][/B] to grade MS. It is a fundamental definition. Are they the same quality? No, most definitely not. The second one is far superior in quality. Should they be the same price? HELL naw. I’m not currently in the market for one, and nor have I studied the market for this issue, so I can’t quote prices. So we are at an impasse. By the fundamental definitions put in place decades ago and advertised by the TPGs, they are the same grade. But they are most definitely not the same quality and should not have the same value. Yet the holder (more like the Registry points) does not reflect this, and the mentality that lower-grade coins must be worth less than higher-grade coins prevents it from realizing its true value. This is a problem. I’m sure we both can agree. So how can this be fixed without resorting to overgrading? Publicly redefine the standard to something like “for an MS coin there must be no wear in the fields.” They have yet to do this. If they can set a standard for what they do instead of sweeping it under the rug, then I’d have much less of a problem with it. But you and Baseball have been arguing for a fluid grading system (or, more-accurately, pricing system) with no hard stops. There is nothing more fluid than letting the free market set the price of each individual coin without a “grade” holding it within a bracket of value, given that there is a baseline that it is genuine and problem-free (these standards can be mush more easily defined than say MS-64 vs 65). Each buyer looks at the coin to see if it has the condition and look that they want for their collection, and will determine if the price is what they want to pay. Each coin would hold its own in terms of its state of preservation, strike, and eye appeal. But that would be woefully inconvenient in a market where collectors need to be told whether or not their coin is a nice coin and whether or not it fits in their collection.[/QUOTE]
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Thoughts on cabinet friction from a professional grader.
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