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Upcoming episode of The Coin Show -- market grading
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<p>[QUOTE="Lehigh96, post: 2015142, member: 15309"]Rather than a story, I would like to propose a topic for discussion regarding the subject of market grading. I firmly believe the reason people have so much trouble understanding market grading is because the TPGs never give you information on how they reached the final numerical grade assigned to the coin. I have long been a proponent of the TPGs assigning MS grades for each of the 4 elements of grading and including that information on the label. It would not change the overall grade which would still be listed in its normal place, just there would be additional information listed on the label (smaller & on the back maybe).</p><p><br /></p><p>For example, lets look at a coin that was discussed in a recent thread that was obviously market graded for it's toning/eye appeal.</p><p><br /></p><p><img src="https://www.cointalk.com/attachments/a0000092950-uscoin-zoom-1-98-jpg.363202/" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Most people think this coin has MS64 or MS65 surfaces, but the coin was graded MS66+ because of the premium gem qualities of the other elements of grading. I would like to see this information included on the label. Perhaps it would look like this:</p><p><br /></p><p>SP: MS64+</p><p>ST: MS66</p><p>LU: MS67</p><p>EA: MS68</p><p><br /></p><p>Please keep in mind that this is simply a hypothetical exercise. I have not actually seen this coin in hand and don't actually know if the Luster is MS67 quality or the eye appeal is MS68 quality. But I certainly would like to know why the TPG decided to grade a coin with MS64+ surfaces as an MS66+.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2015142, member: 15309"]Rather than a story, I would like to propose a topic for discussion regarding the subject of market grading. I firmly believe the reason people have so much trouble understanding market grading is because the TPGs never give you information on how they reached the final numerical grade assigned to the coin. I have long been a proponent of the TPGs assigning MS grades for each of the 4 elements of grading and including that information on the label. It would not change the overall grade which would still be listed in its normal place, just there would be additional information listed on the label (smaller & on the back maybe). For example, lets look at a coin that was discussed in a recent thread that was obviously market graded for it's toning/eye appeal. [IMG]https://www.cointalk.com/attachments/a0000092950-uscoin-zoom-1-98-jpg.363202/[/IMG] Most people think this coin has MS64 or MS65 surfaces, but the coin was graded MS66+ because of the premium gem qualities of the other elements of grading. I would like to see this information included on the label. Perhaps it would look like this: SP: MS64+ ST: MS66 LU: MS67 EA: MS68 Please keep in mind that this is simply a hypothetical exercise. I have not actually seen this coin in hand and don't actually know if the Luster is MS67 quality or the eye appeal is MS68 quality. But I certainly would like to know why the TPG decided to grade a coin with MS64+ surfaces as an MS66+.[/QUOTE]
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Upcoming episode of The Coin Show -- market grading
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