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Which 1915 S $5 Matches Which Slab?
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<p>[QUOTE="GDJMSP, post: 1874789, member: 112"]Huh ? </p><p><br /></p><p>The TPGs, and CAC, each get paid the same flat fee no matter what the coin grades. The TPGs grade the way they do because of their grading standards. So where is there any additional profit for them by over-grading ? The value of the coin doesn't play into it unless the TPG thinks the submitter deliberately under-valued the coin on his submission form. Otherwise, the submitter's fees are determined by the grading tier he chooses, and his stated value on his submission form. The more valuable the coin the higher the fees.</p><p><br /></p><p>As for those who think the coins, both in this case, are really AU, over the past 5 or 6 years there have been several articles written, and published both in the coin mags and on-line, by ex-professional graders, current professional graders, and others recognized as experts when it comes to grading, that have all claimed that yesterday's AU coins are today's MS61, 62, and 63 coins.</p><p><br /></p><p>Do you really think they are all wrong when they all say the same thing ? I certainly don't because I was saying it long before any of them did !</p><p><br /></p><p>The PCGS grading book even states flat out that PCGS will grade coins with light wear as high as MS67. They use the excuse that the light wear present on the coins may, repeat may, have been caused by roll friction, album friction, flip friction, and/or cabinet friction. Of course they refuse to recognize that it also may have been caused by wear from circulation. There is no way to tell one kind of wear from another. Wear from any of those things looks exactly the same as all of the others. Wear is wear in other words - regardless of what caused it.</p><p><br /></p><p>So if you want to know what the TPGs are doing, they are giving their customers what they want. They are grading AU coins as MS because that makes their customers happy.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1874789, member: 112"]Huh ? The TPGs, and CAC, each get paid the same flat fee no matter what the coin grades. The TPGs grade the way they do because of their grading standards. So where is there any additional profit for them by over-grading ? The value of the coin doesn't play into it unless the TPG thinks the submitter deliberately under-valued the coin on his submission form. Otherwise, the submitter's fees are determined by the grading tier he chooses, and his stated value on his submission form. The more valuable the coin the higher the fees. As for those who think the coins, both in this case, are really AU, over the past 5 or 6 years there have been several articles written, and published both in the coin mags and on-line, by ex-professional graders, current professional graders, and others recognized as experts when it comes to grading, that have all claimed that yesterday's AU coins are today's MS61, 62, and 63 coins. Do you really think they are all wrong when they all say the same thing ? I certainly don't because I was saying it long before any of them did ! The PCGS grading book even states flat out that PCGS will grade coins with light wear as high as MS67. They use the excuse that the light wear present on the coins may, repeat may, have been caused by roll friction, album friction, flip friction, and/or cabinet friction. Of course they refuse to recognize that it also may have been caused by wear from circulation. There is no way to tell one kind of wear from another. Wear from any of those things looks exactly the same as all of the others. Wear is wear in other words - regardless of what caused it. So if you want to know what the TPGs are doing, they are giving their customers what they want. They are grading AU coins as MS because that makes their customers happy.[/QUOTE]
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