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What style of grading for technical AU58 coins would you prefer from the TPGs?
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<p>[QUOTE="Insider, post: 7856173, member: 24314"]<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />Jaelus, posted: "...it makes me consider another point, which is that differences on opinion as to what system of grading should be used are likely due at least in part to differences in what people consider the <i>purpose</i> of coin grading to be.</p><p><br /></p><p><b>Is the purpose of coin grading to describe the state of preservation of a coin, or is its purpose to describe the quality or market value of a coin? </b></p><p>My opinion on TPG grading style is very much driven by my belief that the biggest value is obtained by the experts grading on quality and not preservation state."</p><p><br /></p><p>AMEN! Great question and answer as that's the way it is.</p><p><br /></p><p><br /></p><p><br /></p><p>Jaelus, posted: "There is no value in knowing the "conservative" grade of a coin for the sake of knowing the "conservative" grade of a coin. You're just lauding the merits of a self-licking ice cream cone. <span style="color: #660033">[??<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" />?? Tell that to the guy trying to sell an AU graded as 64 to a knowledgeable buyer. Those days were supposed to be over long ago.] <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> <span style="color: #000000">People want to know the grade of a coin for <b>two reasons</b>: The first is <b>establishing value</b>, for which knowing the <i>quality</i> of the coin is the key, not knowing the "conservative" grade. The second is <b>establishing a hierarchy</b> between like coins so they can be labelled as better or worse for purposes of upgrading in a collection, or for comparison in a registry set or the like. For this, "conservative" grading is also a failure, as AU58 coins are of indeterminable relative quality from the grade. <span style="color: #660033">[<b>Excellent comments</b> showing a deep knowledge of coin grading. However, introducing "strict or conservative" into the mix HAS ABSOLUTELY NOTHING to do with the two reasons for grading a coin. They are only subjective opinions that are changed by a large number of variables.] </span>There is simply nothing <i>actually useful</i> from "conservative" grading.</span></span></p><p><span style="color: #660033"><span style="color: #000000">[<span style="color: #660033">Absolutely 100% false as both purposes of grading you stated are rendered. Now, if you wish to defend AU coins being now considered MS - that's off topic.</span> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> ] So what? It is literally never more useful to know the "conservative" grade over the market or quality grade in any real world scenario."</span></span></p><p><br /></p><p><span style="color: #660033">Unfortunately, what you have done IMO besides misusing "technical" is to take the original discussion in another thread off track (although in a quite informative way here) <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" />. The original post was not about conservative grading or technical grading. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie10" alt=":oops:" unselectable="on" unselectable="on" /> It was about market grading <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /> (value). The OP's thread that started this poll was about one of the best commercial graders in the country <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie26" alt=":bookworm:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /> who founded both NGC and CAC telling his customer that his COIN WAS <b>OVERGRADED!!!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /></b></span>[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 7856173, member: 24314"];)Jaelus, posted: "...it makes me consider another point, which is that differences on opinion as to what system of grading should be used are likely due at least in part to differences in what people consider the [I]purpose[/I] of coin grading to be. [B]Is the purpose of coin grading to describe the state of preservation of a coin, or is its purpose to describe the quality or market value of a coin? [/B] My opinion on TPG grading style is very much driven by my belief that the biggest value is obtained by the experts grading on quality and not preservation state." AMEN! Great question and answer as that's the way it is. Jaelus, posted: "There is no value in knowing the "conservative" grade of a coin for the sake of knowing the "conservative" grade of a coin. You're just lauding the merits of a self-licking ice cream cone. [COLOR=#660033][??o_O:confused:?? Tell that to the guy trying to sell an AU graded as 64 to a knowledgeable buyer. Those days were supposed to be over long ago.] ;) [COLOR=#000000]People want to know the grade of a coin for [B]two reasons[/B]: The first is [B]establishing value[/B], for which knowing the [I]quality[/I] of the coin is the key, not knowing the "conservative" grade. The second is [B]establishing a hierarchy[/B] between like coins so they can be labelled as better or worse for purposes of upgrading in a collection, or for comparison in a registry set or the like. For this, "conservative" grading is also a failure, as AU58 coins are of indeterminable relative quality from the grade. [COLOR=#660033][[B]Excellent comments[/B] showing a deep knowledge of coin grading. However, introducing "strict or conservative" into the mix HAS ABSOLUTELY NOTHING to do with the two reasons for grading a coin. They are only subjective opinions that are changed by a large number of variables.] [/COLOR]There is simply nothing [I]actually useful[/I] from "conservative" grading.[/COLOR] [COLOR=#000000][[COLOR=#660033]Absolutely 100% false as both purposes of grading you stated are rendered. Now, if you wish to defend AU coins being now considered MS - that's off topic.[/COLOR] :p ] So what? It is literally never more useful to know the "conservative" grade over the market or quality grade in any real world scenario."[/COLOR][/COLOR] [COLOR=#000000][/COLOR] [COLOR=#660033]Unfortunately, what you have done IMO besides misusing "technical" is to take the original discussion in another thread off track (although in a quite informative way here) :happy:. The original post was not about conservative grading or technical grading. :oops: It was about market grading :greedy: (value). The OP's thread that started this poll was about one of the best commercial graders in the country :bookworm::cigar: who founded both NGC and CAC telling his customer that his COIN WAS [B]OVERGRADED!!!:jawdrop::facepalm:[/B][/COLOR][/QUOTE]
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What style of grading for technical AU58 coins would you prefer from the TPGs?
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