Discussion in 'Coin Chat' started by ddddd, May 16, 2022.
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I agree; I also want to see a number. If we can adjust a grade for bag marks/hits, we could do the same for something like wrapping machine damage. There would be issues with some types of damage-say polishing a coin. In those case, you might have to just call it MS 60 details.
It does seem a bit harsh...
Obviously not appropriate for every coin, particularly common, low-priced ones. And there would also be a hit to the TPG's productivity due to the additional time required to write something up.
There would be people who would be willing to pay more and people who would not. Maybe make it an optional service for an additional fee?
That would certainly be nice and would be worth the extra fee in certain cases (it just depends how high that would need to be to make it worth it for the grading companies).
Here is something I liked from INS back in the 1980s. Imagine seeing this level of detail today!
Is that the they that can't even keep up with their productivity right now? I think that when the busy ends all the TPG's will be re' evaluating their positions on grading.
Numerical grades may also be beneficial for circulated grades. Especially in the VF range which is very wide. When it comes to MS grades it’s hard to see the value though. Like, “except for the hole this coin would have graded 65” lol…
Assigning a Details grade for a chop mark does nothing at all to inform you about the overall quality of the coin. Consequently, I got this coin really cheaply, based on its grade and the single chop mark on the reverse. I can hardly even call it graded since the TPG gave no useful information about the grade.
Here is full detail of the reverse, with the chop mark right in the center of the coin. I think that when the mark was applied may have been the only time the coin was ever handled.
Yeah, I'd love to see that level of info coming out of a TPG -- but aren't PCGS and NGC graders supposed to spend only a few seconds examining each coin? If they offered a service like this, I'd expect it to cost multiple times their normal grading rate.
I wish I could examine some coins that had been graded like this, try to spot the issues myself, then compare to the grader's results. Heck, I'd love to be able to fill in a sheet like this myself, then have my grading (of the coin) "graded" (like a school quiz). I feel like I'd learn a lot more about grading that way than by just looking at pictures, or looking at raw coins, or even looking at slabbed coins.
It's true that something like that example would take much more time than the TPGs currently spend and would thus add greatly to the expenses. It might be a worthwhile option to have on more expensive coins or even as an occasional helper for those coins where it's hard to tell why it got the grade it did.
I would also like to see more than one problem listed if it's important enough. A polished coin with some small hint of edge damage would be ok with just the polished designation but something like a chopped trade dollar definitely could use more than a "damaged" designation (let us know if it's cleaned, tooled, etc or it's just the chop).
As far as numerical grades on MS details coins, it is somewhat silly on a holed coin. However, on a questionable color coin, it would be much more important. There I would like to know if the TPG thought a Morgan was a 65 but toned in a way that wasn't market acceptable.
@Publius2 I would concur with your desire for a "descriptive narrative" for a coin that Details Grades, and also agree that the TPG's--mostly directed at PGCS and NGC--would not normally do this because it would significantly slow down their processing flow; however, there could be a proviso on their SUBMISSION FORM that you could elect, via a Checkbox, to have ANY coin that Details Grades have a "descriptive narrative" either on the (1) Label (if there is enough room); (2) on a slab-sized document (encapsulated with a special thin slab) Photocert (similar to the old ANACS Photocert) that could be paired with the actual slabbed coin and then used for show-and-tell or auction/sale; (3) and/or listing on the TPG's website with a NOTE that directs you to the "descriptive narrative" when one searches for the Coin Certification Verification. Their fee for this activity could be something similar to the Variety Attribution Fee, maybe less depending upon whether (1) or (2) or (3) was performed.
It’s like the idea of CAC, but on steroids.
If people pay for CAC certification as an assurance of the quality of the coin, some would certainly invest in this one-time expense for high-end coins of a more elite nature.
This pedigree would establish a provenance. It could even be block-chained so the pedigree could be established from owner to owner.
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