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<p>[QUOTE="GDJMSP, post: 2087702, member: 112"]No. But you are far from alone in that thinking. Market grading has absolutely nothing to do with value, or with value affecting the grade in any way. But that's what most people "think" market grading is, and that is how most define it.</p><p><br /></p><p>In reality, technical grading is the grading system that was used prior to 1986. Market grading is the grading system that has been used since 1986. </p><p><br /></p><p>Their differences are simple, technical grading has no subjective grading criteria. It is based purely on the technical aspects of a coin by assessing the wear (if any) and the defects that occurred after it was struck. Market grading includes all of that plus subjective grading criteria such as quality of strike, quality of luster, and eye appeal.</p><p><br /></p><p>Nothing more needs to be said from that point on, neither technical grading nor market grading allow value, rarity, pedigree, type of coin to affect or change the grade of a coin in any way. What's more both technical grading and market grading do account for any and all "as struck" attributes and flaws to affect the grade of coin in both a positive and a negative manner. </p><p><br /></p><p>Now the positive attributes most people can understand, but it is the flaws that they do not understand. Things like die cracks, die chips, die scratches, planchet flaws, die polish lines, poor centering, all of these things and more - anything that is not part of the original design - are flaws, negative attributes that lower the grade of a coin. As an example of what I mean consider - you have two coins of the same denomination, type and series. Both are equal in every way and respect except for one thing - 1 has die cracks, 2 does not. So ask yourself, how can those two coins possibly be graded the same ? The die cracks are not supposed to be there, they are flaws because the die has suffered damage due to excessive die wear. So they must be accounted for as a negative. And no they cannot be ignored or treated as if they do not matter.</p><p><br /></p><p>The problem with all of this is that the TPGs do not employ market grading, but rather they employ their own individual grading standards, and each quite different from each of the others. And they do ignore all, or most anyway, of the flaws mentioned above and treat them as if they were not even there when grading a coin. And they do allow things like rarity, value, and pedigree, to affect the grade of a coin in a positive manner. The TPGs use a completely different grading system, it is not technical grading nor market grading. For lack of another word I call the TPG grading system Value Grading because it is in no way either of the others.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2087702, member: 112"]No. But you are far from alone in that thinking. Market grading has absolutely nothing to do with value, or with value affecting the grade in any way. But that's what most people "think" market grading is, and that is how most define it. In reality, technical grading is the grading system that was used prior to 1986. Market grading is the grading system that has been used since 1986. Their differences are simple, technical grading has no subjective grading criteria. It is based purely on the technical aspects of a coin by assessing the wear (if any) and the defects that occurred after it was struck. Market grading includes all of that plus subjective grading criteria such as quality of strike, quality of luster, and eye appeal. Nothing more needs to be said from that point on, neither technical grading nor market grading allow value, rarity, pedigree, type of coin to affect or change the grade of a coin in any way. What's more both technical grading and market grading do account for any and all "as struck" attributes and flaws to affect the grade of coin in both a positive and a negative manner. Now the positive attributes most people can understand, but it is the flaws that they do not understand. Things like die cracks, die chips, die scratches, planchet flaws, die polish lines, poor centering, all of these things and more - anything that is not part of the original design - are flaws, negative attributes that lower the grade of a coin. As an example of what I mean consider - you have two coins of the same denomination, type and series. Both are equal in every way and respect except for one thing - 1 has die cracks, 2 does not. So ask yourself, how can those two coins possibly be graded the same ? The die cracks are not supposed to be there, they are flaws because the die has suffered damage due to excessive die wear. So they must be accounted for as a negative. And no they cannot be ignored or treated as if they do not matter. The problem with all of this is that the TPGs do not employ market grading, but rather they employ their own individual grading standards, and each quite different from each of the others. And they do ignore all, or most anyway, of the flaws mentioned above and treat them as if they were not even there when grading a coin. And they do allow things like rarity, value, and pedigree, to affect the grade of a coin in a positive manner. The TPGs use a completely different grading system, it is not technical grading nor market grading. For lack of another word I call the TPG grading system Value Grading because it is in no way either of the others.[/QUOTE]
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