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"COLLECTORS UNIVERSE PRICE IS $5500"

From this auction. Anyone care to take a guess at what this coin really grades and the value? Wow, what a bargain for only $1595! image

Comments

  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    As some other board members have pointed out, not a grade but a value. I would go with about $150.00. That is purely a guess on a sight-unseen basis.

    Tom
    Tom

  • K6AZK6AZ Posts: 9,295
    I think you are right. Wow, what a bargain!


  • << <i>ACCUGRADE WAS RATED #1 AS THE MOST CONSISTENT GRADING SERVICE >>




    << <i>PCGS WAS RATED LAST WITH THE MOST SCATTERED GRADING >>



    That says a great deal about Coin World, doesn't it?
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    ..""""ACCUGRADE WAS RATED #1 AS THE MOST CONSISTENT GRADING SERVICE BASED ON THE NOVEMBER 17, 2003 ISSUE OF COIN WORLD REGARDING THEIR RECENT SURVEY."""""""""""""


    Anyone have a copy of this article????? Unless it's taken out of context and REALLY means that Accugrade is the most consistent GARBAGE in plastic holders

    My opinion of course image

    TP image
  • rottnrogrottnrog Posts: 683 ✭✭✭

    What can you expect from the owner of Accugrade???




  • mozeppamozeppa Posts: 4,431 ✭✭✭
    no comment (the worlds gone sue crazy)
  • Oh baby!! Here I was, getting my snipe ready, and you go and tell the whole forum. Fat chance I have of getting it now!!!....image
  • The Coin World article was an analysis of a blind test done by Coin World in May 2003. The writer tried to use scientific extrapolations to determine the consistency of each grading company. The problem was that Shelton's 1-70 grading scale is not linear, and so this writer tried to create a linear scale so that he could extrapolate the results. This was not successful because you can't make the scale linear by placing the same value to each grade. Whereas the Shelton scale provides for only 4 points for the "good" and "VG" grades, it provides 8 points for the "Fine" grade, 10 for "VF", and so on, but only one point spread between each mint state grade. So when this writer tried to create a linear scale, it skewed the entire results and made it totally unreliable.
    The other problem was that the original test used many common circulated coins and several "problem" coins that the better services would not grade. The test also did not include series of coins that are difficult to grade due to issues such as strike, etc.
    The test by Coin World was a really good start on an idea that someone should extend, but the writer's attempt to analyze the data was very flawed. This was clearly apparent when he concluded that ACG was more consistent than PCGS.
    Gary
    We are always better off than we deserve. image
  • flaminioflaminio Posts: 5,664 ✭✭✭
    image
  • K6AZK6AZ Posts: 9,295
    Sorry about that Ken, but he has several dozens of other choice ACG coins for your perusal! image
  • newsmannewsman Posts: 2,658 ✭✭✭
    Isn't the CU price guide a proprietary product owned by PCGS? Can't HRH get his lawyers to order them to stop using it in their auctions?
  • DONT BUY IT IF YOU DONT LIKE IT
  • WaterSportWaterSport Posts: 6,765 ✭✭✭✭✭
    Right On! Remember what you preach around here..Buy the coin, not the slab...
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • K6AZK6AZ Posts: 9,295
    Please explain to me how you can buy the coin and not the slab when you are buying for all intents and purposes sight unseen via the internet.
  • Consistent just means that all results are similar, not necessarily accurate image

    If a hypothetical grading service were to grade all coins MS67-MS70 (not that any hypothetical grading service would, of course), or grade an MS61 coin MS69 every time it was resubmitted, they would be remarkably consistent. Accuracy is another matter.
    I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
  • BarryBarry Posts: 10,100 ✭✭✭
    In the Stuppler hearings, Hager tried to use the defense that ACG uses it's own grading standards. On the other hand, he quotes CU prices. Guess those standards have reverted back now?

    Eric, I presume you've printed out this auction for future use.
  • Excellent point Barry!
    I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
  • K6AZK6AZ Posts: 9,295


    << <i>Eric, I presume you've printed out this auction for future use. >>



    Better. I have archived over 600 auctions in the last couple of years saved as PDF files. Someone else can wear out their printer.
  • K6AZK6AZ Posts: 9,295
    I've also saved auctions in this format so that they can be posted and kept on the net indefinitely.

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