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<p>[QUOTE=&quot;treylxapi47, post: 2073363, member: 41863&quot;]Then how is &#039;market grading&#039; a phenomenon? </p><p><br /></p><p>All Market Grading is, is putting a number on a slab to represent what its value should be. We have had this discussion in several threads now, and it amounts to the same thing. Leniency is given to rare dates, key coins, and pedigreed material, in order to establish a value for that coin. </p><p><br /></p><p>Now what is the leniency portion? That is letting normal unacceptable technical flaws pass due to the desirability of a particular coin. The coin STILL has problem, but somehow because it is rare, we give it a clean grade anyway? That is simply put, assigning a number to a problem coin due to its historical merits and ignoring its technical flaws to put a number grade on it to establish value. </p><p><br /></p><p>Thats all putting a number grade on a problem coin will do. Is help establish a better set of parameters for pricing. </p><p><br /></p><p>Let me ask you this, you say these &#039;problem&#039; coins sell all over the place right? Well so do non-problem coins, all the time they sell for prices way below book value, right on book value, and many times over and up to way over book value, so how is that different than assigning my buy price to a problem coin? The process is still the same for me. </p><p><br /></p><p>You see, all these situations are very, very similar, and weve drawn these arbitrary lines in the sand, like &#039;problem coins can never have a straight grade&#039; but out the sides of our mouths we add on &#039;unless Newman owned it, its a 1804 dollar, or 1913 V Nickel, or insert some other significant coin&#039;. How can you not see that its the same thing? </p><p><br /></p><p>And like I said earlier, different problems will effect the grade differently. Hardly noticeable rim counting damage might cost the grade two points, whereas harsh cleaning might take 5. </p><p><br /></p><p>And it can be evaluated on a coin by coin basis. The graders already net grade anyway, so they are used to it, but if they were smart they would just give the consumers what they want, and that is a number on a problem coin. All it is doing is helping the market, and the guys who set the standards with grades anyway, can easily help make a market for this AND it helps level the playing field. </p><p><br /></p><p>We wont see any more &#039;market grading&#039; like we do now, because every coin will be market graded. </p><p><br /></p><p>It actually makes things simpler, because it clears the line on what may be a net graded coin, versus what are truly problem free coins. Right now we have these silently net graded coins roaming around in problem free slabs in an era where we think that NO problem coins should be like that.[/QUOTE]</p><p><br /></p>

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