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<p>[QUOTE=&quot;NPCoin, post: 7856757, member: 5629&quot;]Quite a read so far, but the OP had one question:</p><p><br /></p><p>Condition and marketability are two different things.&nbsp; The problem with the coin grading as it has evolved into today is that it attempts to market the coin using a technical reference.&nbsp; When the technical reverence does not fit into the progressive marketability, the technical reference itself is changed to accommodate, thus leading rise to a technical circulated coin being referenced as mint state.</p><p><br /></p><p>IMHO, the easiest quick fix would be to assign the grade as a technical/marketable grade reference.&nbsp; You can go to advertisements from the 1800s and beyond and find many of the current technical adjectives we currently still utilized in grading.&nbsp; These adjectives should correctly reflect the condition of the coin.&nbsp; Thus, a circulated coin with the slightest abrasion on its highest point will be <b>AU</b> because it is not in the condition from which it was coined.</p><p><br /></p><p>As for marketability, if the market would accept paying the same price for this <b>AU</b> piece as they would one that would be MS63 price, then it should be attributed an <b>AU63</b> grade (technically in AU condition, but could market on the same level as a mint state of the same marketability number).&nbsp; This is just a beginning, however.&nbsp; In order to have a complete understanding of the coin (even unseen to an extent), descriptors should be made as to <i>WHY</i> the coin should be marketable at the level claimed.</p><p><br /></p><p>Now, the OP referenced his question towards <b>TPG</b> grading.&nbsp; With today&#039;s technology, the TPGs can easily place a QR code allowing for over 3000 characters to be defined.&nbsp; That is more than enough space to give a complete reference to everything observed on the coin.</p><p><br /></p><p>Want to complain about how long it would take for the grader?&nbsp; well, excuse me, but &quot;they&quot; are over paid already IMHO if they can do no more than give a two to four character moniker with little to no explanation.&nbsp; Dealing face to face with a dealer is much more beneficial in all aspects anyway.&nbsp; <b>YOU</b>, as a collector, have a responsibility to <b>KNOW</b> what it is you are paying your money for.&nbsp; A face to face encounter allows both parties to debate an issue, and for first-hand inspection to take place.</p><p><br /></p><p>However, that cannot always take place.&nbsp; So, the next best thing is to have an in-depth appraisal and explanation of the coin&#039;s condition as well as its perceived marketability...and, IMHO, neither of those are consistently offered by the TPGs.</p><p><br /></p><p>That said, I am not highly confident in the most of the grading offered by TPGs of &quot;actual &quot;AU58&quot; coins...they end up being assigned grades that do not identify the actual condition of the coin nor necessarily its marketability compared to other coins given its &quot;assigned&quot; grade.[/QUOTE]</p><p><br /></p>

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