Do coin grading services still have coins graded by multiple folks?
jessewvu
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I seem to remember that PCGS would have three people grade coins and as long as two agreed, that was the grade. Was/is that true?
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That's a good question; also who grades the Moderns and decides between a 69 and a 70? It used to be 3 graders and a finalizer but that may vary with the value of the coin.
Ask Brett, he should know.
I've often heard that there were 3 graders per coin. If that is true, I suspect it's a pretty quick "glance" for graders # 2 and 3 for coins valued under $1000.
When I took the ANA grading course, the professional graders for TPGs who were the instructors said it typically takes 10-20 seconds to grade most coins because after seeing tens and hundreds of thousands of the same types you have enough experience to know what to look for. Coins that were challenging or much less common took more time.
I don’t know if they still use three graders or not but I do know a regrade in holder that the holder’s grade counts as one of the “results”.
I'm under the impression both NGC and PCGS have 2 graders and a finalist grade each coin. This video was filmed in
2007, don't know if they still have the same grading system.