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Why do people brag about uncirculated and graded silver eagles?
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<p>[QUOTE="eddiespin, post: 1652891, member: 4920"]This raises an interesting grading question. Can grades be differentiated on the basis of the state of the dies? From both a market and technical grading standpoint the so-called LDS coin is inferior to the so-called EDS coin and the so-called MDS coin is somewhere in the middle. But is that how we grade coins, by comparing them to one another? Or do we start all coins at MS70 and grade on the basis of what happened to them <i>after</i> they were struck? At what point does the grading begin? At the point at which they were struck or at the point at which they officially left the custody of the Mint?</p><p><br /></p><p>I'm going to say even though an EDS coin is superior to an LDS coin and MDS coins are somewhere in the middle the state of the dies don't mean a thing to the technical grade but do mean everything to the market grade. Or something like that.[/QUOTE]</p><p><br /></p>
[QUOTE="eddiespin, post: 1652891, member: 4920"]This raises an interesting grading question. Can grades be differentiated on the basis of the state of the dies? From both a market and technical grading standpoint the so-called LDS coin is inferior to the so-called EDS coin and the so-called MDS coin is somewhere in the middle. But is that how we grade coins, by comparing them to one another? Or do we start all coins at MS70 and grade on the basis of what happened to them [I]after[/I] they were struck? At what point does the grading begin? At the point at which they were struck or at the point at which they officially left the custody of the Mint? I'm going to say even though an EDS coin is superior to an LDS coin and MDS coins are somewhere in the middle the state of the dies don't mean a thing to the technical grade but do mean everything to the market grade. Or something like that.[/QUOTE]
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Why do people brag about uncirculated and graded silver eagles?
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