Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
totally confused. difference between proof and ms?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1539723, member: 112"]Paul, you have never, ever made me look foolish. Not even in your wildest dreams. </p><p><br /></p><p>As for the quote I posted, that is word for word, exactly where I said it is in the second edition of the PCGS book.</p><p><br /></p><p>The pertinent issues I have been pointing out are these. </p><p><br /></p><p>1 - PCGS states flat out that all Saints have wear. You choose to believe that just because PCGS says it is so. However, if you had any experience you would know, just like I and many others know, that that statement is completely false. You would know that because you could see it with your own eyes. But in order to do that you first have to actually see the coins in hand. There are many examples, in virtually all MS grades, that DO NOT have any wear on them.</p><p><br /></p><p>But you do not know this because you cannot know it. And you can't know it because you have no experience, you have never actually seen the coins in person. You don't go to coin shows, you don't go to dealer shops, you don't go to coin auctions - you have never seen the coins in hand. With the possible exception of those few you may own or have owned.</p><p><br /></p><p>But I have been to hundreds of coin shows, dealer shops, and auctions Paul, seen tens of thousands of the coins with my own eyes. And when you see something with your own eyes it's pretty easy to know that what somebody else is telling you, namely PCGS, is simply not true.</p><p><br /></p><p>2 - PCGS completely contradicts the above statement when they say what I quoted from page 47 of their book. It is impossible for <u>all</u> Saints to have wear, if <u>only those up to MS67</u> have wear.</p><p><br /></p><p>Here is more text taken directly from page 47. And it is with this text that PCGS really hangs themselves.</p><p><br /></p><p><i>"Thus what appears to be wear is sometimes incomplete striking, bag/roll friction, album slide lines, cabinet friction, flip rub, slight mishandling, <u>or actual wear from slight circulation</u>."</i></p><p><br /></p><p>You might want to pay attention to the underlined part.</p><p><br /></p><p>On page 48 they go on to say - </p><p><br /></p><p><i>"Unless you put the coin in your own pocket, how can you determine whether the "contact" on a coin came from circulation or slight mishandling ?"</i></p><p><br /></p><p>For me, that line puts the last nail in the coffin. For you cannot tell, all you can do is guess where that wear came from. Sure, you can claim that wear from <i>incomplete striking, bag/roll friction, album slide lines, cabinet friction, flip rub, and or slight mishandling </i>does not constitute real wear in your grading standards and thus any coin with wear from those things is still MS. And that is exactly what PCGS does<i>. </i></p><p><i><br /></i></p><p><i></i>But as they said in their own words - </p><p><i><br /></i></p><p><i>"Unless you put the coin in your own pocket, how can you determine whether the "contact" on a coin came from circulation or slight mishandling ?"</i></p><p><i><br /></i></p><p>- you can't.</p><p><br /></p><p>edit - One last thing. You continually claim that I am just some guy on a coin forum that is blowing smoke. Well, if that is true Paul, then what are you ?</p><p><br /></p><p>I would ask you, taking my experience, real life first hand experience of seeing hundreds of thousands if not millions of coins in person, in hand. And then comparing that to you and your experience, that doesn't even exist.</p><p><br /></p><p>I ask you - who is blowing smoke ?[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1539723, member: 112"]Paul, you have never, ever made me look foolish. Not even in your wildest dreams. As for the quote I posted, that is word for word, exactly where I said it is in the second edition of the PCGS book. The pertinent issues I have been pointing out are these. 1 - PCGS states flat out that all Saints have wear. You choose to believe that just because PCGS says it is so. However, if you had any experience you would know, just like I and many others know, that that statement is completely false. You would know that because you could see it with your own eyes. But in order to do that you first have to actually see the coins in hand. There are many examples, in virtually all MS grades, that DO NOT have any wear on them. But you do not know this because you cannot know it. And you can't know it because you have no experience, you have never actually seen the coins in person. You don't go to coin shows, you don't go to dealer shops, you don't go to coin auctions - you have never seen the coins in hand. With the possible exception of those few you may own or have owned. But I have been to hundreds of coin shows, dealer shops, and auctions Paul, seen tens of thousands of the coins with my own eyes. And when you see something with your own eyes it's pretty easy to know that what somebody else is telling you, namely PCGS, is simply not true. 2 - PCGS completely contradicts the above statement when they say what I quoted from page 47 of their book. It is impossible for [U]all[/U] Saints to have wear, if [U]only those up to MS67[/U] have wear. Here is more text taken directly from page 47. And it is with this text that PCGS really hangs themselves. [I]"Thus what appears to be wear is sometimes incomplete striking, bag/roll friction, album slide lines, cabinet friction, flip rub, slight mishandling, [U]or actual wear from slight circulation[/U]."[/I] You might want to pay attention to the underlined part. On page 48 they go on to say - [I]"Unless you put the coin in your own pocket, how can you determine whether the "contact" on a coin came from circulation or slight mishandling ?"[/I] For me, that line puts the last nail in the coffin. For you cannot tell, all you can do is guess where that wear came from. Sure, you can claim that wear from [I]incomplete striking, bag/roll friction, album slide lines, cabinet friction, flip rub, and or slight mishandling [/I]does not constitute real wear in your grading standards and thus any coin with wear from those things is still MS. And that is exactly what PCGS does[I]. [/I]But as they said in their own words - [I] "Unless you put the coin in your own pocket, how can you determine whether the "contact" on a coin came from circulation or slight mishandling ?" [/I] - you can't. edit - One last thing. You continually claim that I am just some guy on a coin forum that is blowing smoke. Well, if that is true Paul, then what are you ? I would ask you, taking my experience, real life first hand experience of seeing hundreds of thousands if not millions of coins in person, in hand. And then comparing that to you and your experience, that doesn't even exist. I ask you - who is blowing smoke ?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
totally confused. difference between proof and ms?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...