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<p>[QUOTE="calcol, post: 2975357, member: 77639"]A grading company, CGS, in the UK is using a 100-point scale. My impression, based on UK-based forums and UK-origin youtube videos, is that it is not doing that well. I'm not referring to its profitability, but to the low number of coins graded. I think the 70-point scale used in the US is becoming more widespread in the rest of the world, largely due to increasing popularity of having coins graded by PCGS and NGC. Part of this is marketing by PCGS and NGC, but it's mostly due to desire to have easy access to the US market for world coins. A collector or dealer in the UK or Germany or China wants to be able to sell their non-US coins easily on eBay or via Heritage or other venues, and it's done most easily if the coins are in PCGS or NGC slabs. It's an instance of globalization benefitting the US.</p><p><br /></p><p>Most collectors and dealers, whether they admit it or not, want coins graded on a single scale. Yes, wise collectors and dealers want to look at the coins themselves in certain grade ranges, but a single numeric or adjectival grade at least narrows the range. If you want a particular coin in what you define as XF, you're probably not going to look at one graded F or below or MS or above by a TPG.</p><p><br /></p><p>Look at the pic below which is the back of old ANACS photo-grading certificate for a double eagle I once owned. It gives lots of detail, and final grade was 60/60. If you're trying to sell such a coin online and catch the attention of potential buyers using a search engine, how do you do it? Chances are, yep, you'll use MS60 without elaboration in the title of your ad. Then it's up to potential buyers to look at further details if they click on your ad. Hopefully, they'll spend most of their time looking at pics. And if they like the coin in the pics and price, they'll buy or bid. Same process would be followed though if the coin were in a slab that only stated MS60 on it.</p><p><br /></p><p>BTW, this particular coin eventually went into a PCGS slab with a grade of MS62. And no, I'm not going to make a conclusion about grading standards based on a single example.</p><p><br /></p><p>We inherited the 70-point scale from large cent collectors. It's too many ticks for my taste, especially now that half-point increments are being used. However, it's too well established in the US and increasingly elsewhere to believe it will be replaced anytime soon. It can be thought-provoking and sometimes entertaining to discuss other grading scales, but the 70-point, single-grade-per-coin system is here to stay.</p><p><br /></p><p>Cal</p><p>[ATTACH=full]730870[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 2975357, member: 77639"]A grading company, CGS, in the UK is using a 100-point scale. My impression, based on UK-based forums and UK-origin youtube videos, is that it is not doing that well. I'm not referring to its profitability, but to the low number of coins graded. I think the 70-point scale used in the US is becoming more widespread in the rest of the world, largely due to increasing popularity of having coins graded by PCGS and NGC. Part of this is marketing by PCGS and NGC, but it's mostly due to desire to have easy access to the US market for world coins. A collector or dealer in the UK or Germany or China wants to be able to sell their non-US coins easily on eBay or via Heritage or other venues, and it's done most easily if the coins are in PCGS or NGC slabs. It's an instance of globalization benefitting the US. Most collectors and dealers, whether they admit it or not, want coins graded on a single scale. Yes, wise collectors and dealers want to look at the coins themselves in certain grade ranges, but a single numeric or adjectival grade at least narrows the range. If you want a particular coin in what you define as XF, you're probably not going to look at one graded F or below or MS or above by a TPG. Look at the pic below which is the back of old ANACS photo-grading certificate for a double eagle I once owned. It gives lots of detail, and final grade was 60/60. If you're trying to sell such a coin online and catch the attention of potential buyers using a search engine, how do you do it? Chances are, yep, you'll use MS60 without elaboration in the title of your ad. Then it's up to potential buyers to look at further details if they click on your ad. Hopefully, they'll spend most of their time looking at pics. And if they like the coin in the pics and price, they'll buy or bid. Same process would be followed though if the coin were in a slab that only stated MS60 on it. BTW, this particular coin eventually went into a PCGS slab with a grade of MS62. And no, I'm not going to make a conclusion about grading standards based on a single example. We inherited the 70-point scale from large cent collectors. It's too many ticks for my taste, especially now that half-point increments are being used. However, it's too well established in the US and increasingly elsewhere to believe it will be replaced anytime soon. It can be thought-provoking and sometimes entertaining to discuss other grading scales, but the 70-point, single-grade-per-coin system is here to stay. Cal [ATTACH=full]730870[/ATTACH][/QUOTE]
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