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What percentage of coins are over-graded?
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<p>[QUOTE="GoldFinger1969, post: 4022590, member: 73489"]Great thread...what would be more interesting would be to hear from our grading experts and/or past TPG graders as to the % overall AND the % over time depending on the Slab era.</p><p><br /></p><p>According to Doug and other vets, <b>the imposition of "market grading" started right around 2004.</b> I was under the impresson that the standards loosened during the 1st Coin Bubble of 1989-90 but maybe even those "loose" standards were tight by today's standards, dunno.</p><p><br /></p><p>Regardless....<b>I do NOT think that overgraded coins are a hobby killer. </b>What I think kills the hobby is counterfeits, where someone is out 80-95% of the value of what they paid. If you overpaid for an overgraded (slabbed) coin, it won't kill you or your collection. </p><p><br /></p><p><b><i>But if you bought a phony rare Morgan or a 1924 Saint or even a fake 1 oz. gold bullion coin ? </i></b> That hurts. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4022590, member: 73489"]Great thread...what would be more interesting would be to hear from our grading experts and/or past TPG graders as to the % overall AND the % over time depending on the Slab era. According to Doug and other vets, [B]the imposition of "market grading" started right around 2004.[/B] I was under the impresson that the standards loosened during the 1st Coin Bubble of 1989-90 but maybe even those "loose" standards were tight by today's standards, dunno. Regardless....[B]I do NOT think that overgraded coins are a hobby killer. [/B]What I think kills the hobby is counterfeits, where someone is out 80-95% of the value of what they paid. If you overpaid for an overgraded (slabbed) coin, it won't kill you or your collection. [B][I]But if you bought a phony rare Morgan or a 1924 Saint or even a fake 1 oz. gold bullion coin ? [/I][/B] That hurts. :mad:[/QUOTE]
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