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Three grades, one 1832 capped half. GTG
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<p>[QUOTE="Insider, post: 2618029, member: 24314"]If we rule out errors or something the TPGS misses, the professionals are pretty good. On the OP's coin it can be demonstrated that there are several ABSOLUTELY VALID grades and I'll bet I can defend each grade assigned to the coin by the TPGS.</p><p><br /></p><p>Grading is a personal thing. Some have better training, more knowledge, better tools, or looser standards. It is a miracle to me that the TPGS's are generally so close.</p><p><br /></p><p>A coins value + loose commercial standards have introduced so much BS into the equation that it is a wonder there is anything approaching a standard. One TPGS finalizer (I think he's nuts) claims that a grading guide for Morgan dollars would need to have a date-by-date section listing all the things to look for concerning strike, luster, etc. For example, an 1884-S is graded differently than an 1881-S. Years of study is needed to reach this point and many long time dealers still have not learned to grade and rely on the label.</p><p><br /></p><p>Decades ago Coin World sent the same coins to the TPGS with the OP's result. There was also a court case where a $20 Saint was graded from AU-55 to MS-64 by prominent numismatists if I remember correctly. I also read that a 1794 Large cent was graded from VF to AU by prominent professionals at a Coin Grading Roundtable working on setting grading standards.</p><p><br /></p><p>Bottom line...nothing has changed. It is up to each of us to set our own standards. <span style="color: rgb(0, 0, 179)"><b>The most important is how much friction wear/cabinet friction/loss of luster you will tolerate on a coin before it becomes AU in your eyes. </b>The OP's coin is AU in mine and I don't care what is on the label. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></span></p><p><span style="color: rgb(0, 0, 179)"><br /></span></p><p>[USER=40095]@easj3699[/USER] When do we find out??<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie67" alt=":nailbiting:" unselectable="on" unselectable="on" /></p><p><br /></p><p>[USER=19165]@physics-fan3.14[/USER] What do you think?[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2618029, member: 24314"]If we rule out errors or something the TPGS misses, the professionals are pretty good. On the OP's coin it can be demonstrated that there are several ABSOLUTELY VALID grades and I'll bet I can defend each grade assigned to the coin by the TPGS. Grading is a personal thing. Some have better training, more knowledge, better tools, or looser standards. It is a miracle to me that the TPGS's are generally so close. A coins value + loose commercial standards have introduced so much BS into the equation that it is a wonder there is anything approaching a standard. One TPGS finalizer (I think he's nuts) claims that a grading guide for Morgan dollars would need to have a date-by-date section listing all the things to look for concerning strike, luster, etc. For example, an 1884-S is graded differently than an 1881-S. Years of study is needed to reach this point and many long time dealers still have not learned to grade and rely on the label. Decades ago Coin World sent the same coins to the TPGS with the OP's result. There was also a court case where a $20 Saint was graded from AU-55 to MS-64 by prominent numismatists if I remember correctly. I also read that a 1794 Large cent was graded from VF to AU by prominent professionals at a Coin Grading Roundtable working on setting grading standards. Bottom line...nothing has changed. It is up to each of us to set our own standards. [COLOR=rgb(0, 0, 179)][B]The most important is how much friction wear/cabinet friction/loss of luster you will tolerate on a coin before it becomes AU in your eyes. [/B]The OP's coin is AU in mine and I don't care what is on the label. :p [/COLOR] [USER=40095]@easj3699[/USER] When do we find out??:nailbiting: [USER=19165]@physics-fan3.14[/USER] What do you think?[/QUOTE]
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Three grades, one 1832 capped half. GTG
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