So why don’t we have a standardized, repeatable grading standard?
I’ve seen it stated for years and years about how inadequate the current grading system is. People usually talk about a problem with net grading or maybe market grading.
So over the decades why hasn’t anyone devised a repeatable system for grading? It doesn’t have to bear any resemblance to the 70 point scale either. Someone could come up with something totally different. Why haven’t they?
I was thinking, could it be because we secretly want the squishy-ness and uncertainty with the current system? It certainly makes it easier to profit from under grading, over grading, or getting a coin’s grade changed by some means (including luck). Also it tends to work more in the dealer’s favor as they will have more accumulated knowledge.
I’m more and more thinking we have the system we have with all its imperfections because that’s what we really want as a numismatic community. If we didn’t really want it, someone would have created something better.
I’m curious how many people agree with me. I’m certain many will disagree and that’s fine. But I think I’m more right than not based on years of being in the community.