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What percentage of coins are over-graded?
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<p>[QUOTE="baseball21, post: 4027584, member: 76863"]In all honesty yes. If for the sake of argument 90 percent of all coins were overgraded, then they are no longer overgraded you are just judging by an old and/or outdated standard. Realistically anything over 50% means the times have changed and it's time to update how you grade and look at things. </p><p><br /></p><p><br /></p><p><br /></p><p>Without question they need to be separated and realistically you should probably separate out PCGS/NGC from everyone else as well. Either way though TPGs represent an unbiased third party, 2x2 grading generally represents a seller trying to hype something up to maximize their profit</p><p><br /></p><p>Overgraded by todays standard for PCGS/NGC its probably 5-10% max. They've graded over 80 million coins combined and even if you cut the number in half you would have to find 2 million coins just to get to 5%. </p><p><br /></p><p>Forums are a lot like food review sites, you're most likely to find things posted people aren't happy with or feel they have an extraordinary experience with such as got a great deal. You generally won't get a whole lot of look at my unremarkable properly graded coins stuff in those types of discussions as they can often be started by someone trying to shape other peoples opinions (no I don't think that is what you are doing)</p><p><br /></p><p>Another thing to consider is the default by many when they don't agree with and/or understand a grade the default is to assume it's overgraded and express their opinion as such.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 4027584, member: 76863"]In all honesty yes. If for the sake of argument 90 percent of all coins were overgraded, then they are no longer overgraded you are just judging by an old and/or outdated standard. Realistically anything over 50% means the times have changed and it's time to update how you grade and look at things. Without question they need to be separated and realistically you should probably separate out PCGS/NGC from everyone else as well. Either way though TPGs represent an unbiased third party, 2x2 grading generally represents a seller trying to hype something up to maximize their profit Overgraded by todays standard for PCGS/NGC its probably 5-10% max. They've graded over 80 million coins combined and even if you cut the number in half you would have to find 2 million coins just to get to 5%. Forums are a lot like food review sites, you're most likely to find things posted people aren't happy with or feel they have an extraordinary experience with such as got a great deal. You generally won't get a whole lot of look at my unremarkable properly graded coins stuff in those types of discussions as they can often be started by someone trying to shape other peoples opinions (no I don't think that is what you are doing) Another thing to consider is the default by many when they don't agree with and/or understand a grade the default is to assume it's overgraded and express their opinion as such.[/QUOTE]
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