Your own coin grade standard set
nwcs
Posts: 13,386 ✭✭✭
I was curious, how many of you collect/submit coins in different grades so that you have a reference point to evaluate raw coins later?
For example, I have several lincolns in PCGS 64, 65, and 66 and when I look at my raw lincolns and think I have something I compare them against the slabs and see whether it matches up or not. Many times I'm right (and I can more easily see the diff between 64, 65, 66 now) but many times I'm not and it forces me to look more carefully to see why I am not.
So what I'm doing now is building a little larger grading standard set in MS so that I can more readily compare grades in the future. Like PCGS's standard set. Anyone else do this?
Neil
For example, I have several lincolns in PCGS 64, 65, and 66 and when I look at my raw lincolns and think I have something I compare them against the slabs and see whether it matches up or not. Many times I'm right (and I can more easily see the diff between 64, 65, 66 now) but many times I'm not and it forces me to look more carefully to see why I am not.
So what I'm doing now is building a little larger grading standard set in MS so that I can more readily compare grades in the future. Like PCGS's standard set. Anyone else do this?
Neil
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Comments
Cameron Kiefer
<< <i>RLinn, have you done a lot of comparisons between the different services on those quarters for the grades? If so, what have you observed? >>
Using PCGS as the standard (no personal preference but you have to start somewhere) I see NGC as equal to -.5 and ICG as -.5 to -1.5.
A couple of other observations would include:
1) NGC and PCGS are even closer on the key dates
2) Earliest ICG issues were much closer to PCGS (maybe more like NGC)
3) Market prices already seem to recognize the differences (based on auction results)
4) Above MS67 the spread seems to widen as do prices realized
These are just my observations and your results may vary.
Tom