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WoW!!! Would you pay this much for a Memorial????
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<p>[QUOTE="vavet, post: 361222, member: 11630"]What I find interesting about this discussion is that many assume that the coin actually grades 67! History has shown in every single grading experiment that there is no concensus on even a single coin when using the 70 point grading scale. Numerous people have submitted the same coins multiple times, even to the same tpg, with results being all over the place. Even those PCGS grading competitions have results all over the spectrum both in the amature and professional ranks. All this talk about finding a raw 67 is a joke IMO because I doubt that most if not all on this board wouldn't recognize one if they saw one. As Q. David Bowers has pointed out on many occasions, even the alleged experts often can't agree, and more importantly, many lower grade coins are more attractive than their higher grade counterparts. </p><p> </p><p>Add to that the changing standards and the outright manipulation of grading by the tpg's and there is no way to ascertain what that coin actually grades. One of the best examples is the Mickley 1804 Dollar. Graded THREE times by three different Numismatic professionals as "CIRCULATED" and it now sits in an NGC slab graded PR62!</p><p> </p><p>What makes that coin so desirable is that the printing on the label is all that matters to the registry crowd. As the PCGS registry add so eloquently states in fewer words, one can aspire to greatness if they have enough money to buy their way to the top on the totem pole, along with the ignorance to buy into a cleverly designed marketing scheme.[/QUOTE]</p><p><br /></p>
[QUOTE="vavet, post: 361222, member: 11630"]What I find interesting about this discussion is that many assume that the coin actually grades 67! History has shown in every single grading experiment that there is no concensus on even a single coin when using the 70 point grading scale. Numerous people have submitted the same coins multiple times, even to the same tpg, with results being all over the place. Even those PCGS grading competitions have results all over the spectrum both in the amature and professional ranks. All this talk about finding a raw 67 is a joke IMO because I doubt that most if not all on this board wouldn't recognize one if they saw one. As Q. David Bowers has pointed out on many occasions, even the alleged experts often can't agree, and more importantly, many lower grade coins are more attractive than their higher grade counterparts. Add to that the changing standards and the outright manipulation of grading by the tpg's and there is no way to ascertain what that coin actually grades. One of the best examples is the Mickley 1804 Dollar. Graded THREE times by three different Numismatic professionals as "CIRCULATED" and it now sits in an NGC slab graded PR62! What makes that coin so desirable is that the printing on the label is all that matters to the registry crowd. As the PCGS registry add so eloquently states in fewer words, one can aspire to greatness if they have enough money to buy their way to the top on the totem pole, along with the ignorance to buy into a cleverly designed marketing scheme.[/QUOTE]
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