The grading scale stops at 70 is because that is the average IQ of coin dealers.

Russ

<< <i>The 1 to 70 grading scale was first devised by Dr. William Sheldon in 1949 in his book "Early American Cents." The numerical scale represented the market value of a common variety 1794 large cent. XFs were worth $40 or $45 depending on how nice they were. VFs were worth anywhere from $20 to $35 depending on whether they were high end or low end VFs.

Some have said that if Sheldon had waited until the 1950s we may have had a 1 to 100 scale. But I knew Dr. Sheldon and I know for a fact that the reason the grading scale stops at 70 is because that is the average IQ of coin dealers.

Thanks.

David >>



Bwuahahahahahahahahahahahahahahahahahahahaha!!!!!!!!!!

Ol' Homerun is a little frisky tonight!

Russ, NCNE

Placid

mdwoods

hehehe That's funny.

JohnZ

Go Dave.

Why kiss anybody's ass if you don't need to?!

XpipedreamR

Dog97

I'm not a coin dealer but is an iq of 70 good or bad?

Russ

<< <i>I'm not a coin dealer but is an iq of 70 good or bad? >>



Generally speaking, it would qualify a murderer to escape the death penalty.

Russ, NCNE

Coulport

There are at least a couple of States where an IQ of 70 is considered very good.

cosmos66

I am glad he specified dealers and left the collectors alone.

nankraut

Here we go>>>>IQ of 70 is GOOD in Arkansas, but BAAAD in Californy

RGL

David has a very high opinion of coin dealers ...

Wondo

<< <i>Here we go>>>>IQ of 70 is GOOD in Arkansas, but BAAAD in Californy >>




That's because California is on the metric system!!

nankraut

I just watched Guv'nr AAHnold's "State of the State Speech". Financially, it looks like we are on the "minus" system out here. But, I've got my gold & my guns. NTW

dollardude

Hey, wait a minute. That's considered good here in Alabama!

jeffnpcb

Well that figures! Who owns David Hall Rare Coins!!!!

stujoe

<< <i>David has a very high opinion of coin dealers ... >>



I found the comment funny (in a self-deprecating humor kind of way) because he is a dealer.

Skipper53

So, if my IQ is 75 I should be able to con the average dealer, right ?

mgoodm3

Man them dealers are smart folks.

nwcs

For those who care, this is the general scale according to psychologists:

Mild Mental Retardation
About 85% of persons that are Mental Retarded fall into this group.
IQ level 50-55 up to about 70

Moderate Mental Retardation
About 10% of persons that are Mental Retarded fall into this group.
IQ level 35-40 to 50-55

Sever Mental Retardation
About 3% to 4% of persons that are Mental Retarded fall into this group.
IQ level 20-25 to 35-40

Profound Mental Retardation
About 1% to 2% of persons that are Mental Retarded fall into this group.
IQ level below 20 or 25

Shamika

Somebody had to say it.