POLL: How many times is a slabbed coin graded on average?

Barry

I've heard some coins as high as 50 times. How about on average? What do you think?

Sequitur

The first choice is 1 times, on average. The third choice is 2 times, on average. What does the second choice, "1-2," represent?

Barry

Since we're dealing in averages, the answer may not be a whole number. For example, if you believe half the coins are graded only once, and the other half twice, the average is between 1 and 2. I figured some folks might consider that possibility. Above 2, just round it off.

solid

Well, we know it's something more than one since people crack out for
regrades or just send in for regrade.

I think a very large majority of coins would never be regraded as it just
wouldn't be worth it financially.

I suspect the number would climb commensurate with the coins value.

Ken

DHeath

Some coins just seem to generate grading fees. If it's worth more than a few hundred dollars, it's not part of a collection, and there's a large jump in value to the next grade, it's a TPG's dream coin.

RYK

I think that most coins get graded once or twice but enough get graded more than that, sometimes considerably more. Therefore, I picked "3" as the average (mean), but the median would probably be "2" and the mode "1-2".

Gonfunko

<< <i>I think that most coins get graded once or twice but enough get graded more than that, sometimes considerably more. Therefore, I picked "3" as the average (mean), but the median would probably be "2" and the mode "1-2". >>


You're forcing me to remember what those terms mean, and I don't do math on holidays or weekends. Median is the middle number and mode is the most common, right? BTW, I picked 2. That's about the max most people are willing to submit, and you have to remember those coins that never are resubmitted.

nwcs

I'd say the vast majority are only once.

airplanenut

<< <i>I'd say the vast majority are only once. >>

I agree... and even the ones graded 50 times are so few and far between, that the average is only a tad bit over 1.

Jeremy

cladking

I'd guess about two, but it will vary a lot by series and type. Those that are liners, have
large jumps to the next grade, and are vastly different grades in the various parameters
are the ones submitted most often.

coinbuf

<<I'd say the vast majority are only once.>>

I disagree, collector A submits raw AH, grades MS66, sells on ebay to collector B. Collector B beleives it udergraded and cracks it submits it grades MS66Cam, sells on ebay to collector C. collector C cracks it submits it, grades MS67 sells it on ebay Russ buys it. Russ cracks it it finally grades MS68DCAM and russ sells it in the now tomb slab. Granted this does'nt happen every day but how many collectors have you met that beleive every slabbed coin in their collection is at the max grade?

Chris

michael

on averAGE 2 times or less haLF OF THE COINS FALL BELOW THIS the other half above this

michael

nwcs

Chris, how many ASEs, GAEs, and PR69DCAMs get submitted and then resubitted? Same for state quarters. I think the sheer volume of coins of this type account for enough that it really drags down the average close to 1. The crackouts are generally only on ones where there is a financial incentive between grades. I'd guess that most coins submitted now don't have the same jump between grades and thus are less likely to be cracked out.