Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Who is in favour of the 7 Point grading system?
>
Reply to Thread
Message:
<p>[QUOTE="longnine009, post: 32316, member: 1886"]Why not just keep the current system (since no one is going to abandon it anyway) but explain how the final grade was arrived at--how much weight was given to srike, luster, surfaces etc. Then the "market" would be a real market where buyers decide if they see the same things in the same strenghts. If they agree they'll pay if the don't they'll walk. That's how real markets are suppose to work. </p><p><br /></p><p>It's probably true that coin collectors can't grade the same way as the grading companies do. Why should they? How are they expected to learn anything from a net grade that tells them nothing as to how and why a grader came to that grade. Yet we've been told almost from day one that to learn market grading we should buy lots O' slabs and study them carefully. What are we studying, the Enigma machine? If you have no feed back as to what you see in strike, luster, surfaces ect. on a coin compared to what the grader says is there, where is the learning process? Where is the learning process in anything that has no feed back loop?</p><p><br /></p><p>I don't believe the problem is with numerical grading itself. It's just a short hand for discriptive grading. If grading is to be more advanced than pointing and grunting, discriptions, whether in long hand or short hand are necessary. The problem, IMO, is that a net grade with no break down as to how it was arrived is an un-decipherable discription better suited for cartels than free markets.[/QUOTE]</p><p><br /></p>
[QUOTE="longnine009, post: 32316, member: 1886"]Why not just keep the current system (since no one is going to abandon it anyway) but explain how the final grade was arrived at--how much weight was given to srike, luster, surfaces etc. Then the "market" would be a real market where buyers decide if they see the same things in the same strenghts. If they agree they'll pay if the don't they'll walk. That's how real markets are suppose to work. It's probably true that coin collectors can't grade the same way as the grading companies do. Why should they? How are they expected to learn anything from a net grade that tells them nothing as to how and why a grader came to that grade. Yet we've been told almost from day one that to learn market grading we should buy lots O' slabs and study them carefully. What are we studying, the Enigma machine? If you have no feed back as to what you see in strike, luster, surfaces ect. on a coin compared to what the grader says is there, where is the learning process? Where is the learning process in anything that has no feed back loop? I don't believe the problem is with numerical grading itself. It's just a short hand for discriptive grading. If grading is to be more advanced than pointing and grunting, discriptions, whether in long hand or short hand are necessary. The problem, IMO, is that a net grade with no break down as to how it was arrived is an un-decipherable discription better suited for cartels than free markets.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Who is in favour of the 7 Point grading system?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...