I have read all the good info and opinions on this thread and some has been disturbing.
First, I thought that different graders did the the modern stuff and other graders did the classics.
Second, I would hope that more than 5 or 6 seconds would be taken to grade a coin. I certainly think it would take longer to truly evauliate a coin than that, and we are spending good money for them to do it right.
As far as strike and full whatever.................I personally will not pay 10 times the money for the FB on dimes. I go by eye appeal not grade or FB.I resently bought a 1920-D Merc. from Angel Dees. He had a 63 and a 64PQ. The 64PQ cost three times what the 63 did and the 63 was the better coin. Neither coin was FB, but the 63 had better eye appeal and had more hair detail and that is where I like the extra metal. Not on the bands. I just go by how nice the coin looks not the grade. That's why the grades in my dime set jump all over the place.
Anyway, I agree with those of you who think the graders should get it right the first time.
One of my first posts here was a strong disagreement on a n 18/17-S standing quarter that was sold to a customer of mine ( and slabbed as such ) as an MS-64 FH. I said it wasn't. A well known fellow who is no longer a member here said it was. When the coin was sold, the market said it wasn't.
It was a sad day when PCGS "unofficially" decided to tighten up it's interpretation of strike designations.
It has left many, many collectors who had unwisely placed their faith in PCGS, holding the bag. It has become very, very difficult to sell a FS designated Jefferson, or a FBL Franklin, sight unseen.
The only upside to all of this is that it now behooves one to learn how to grade oneself, and look at any strike designated coin of PCGS's with a jaded eye.
"Wars are really ugly! They're dirty and they're cold. I don't want nobody to shoot me in the foxhole." Mary
Comments
I can see why he was venting his rage - crap like this can not be tolerated
I have read all the good info and opinions on this thread and some has been disturbing.
First, I thought that different graders did the the modern stuff and other graders did the classics.
Second, I would hope that more than 5 or 6 seconds would be taken to grade a coin. I certainly think it would take longer to truly evauliate a coin than that, and we are spending good money for them to do it right.
As far as strike and full whatever.................I personally will not pay 10 times the money for the FB on dimes. I go by eye appeal not grade or FB.I resently bought a 1920-D Merc. from Angel Dees. He had a 63 and a 64PQ. The 64PQ cost three times what the 63 did and the 63 was the better coin. Neither coin was FB, but the 63 had better eye appeal and had more hair detail and that is where I like the extra metal. Not on the bands. I just go by how nice the coin looks not the grade. That's why the grades in my dime set jump all over the place.
Anyway, I agree with those of you who think the graders should get it right the first time.
JMHO Jon
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It has left many, many collectors who had unwisely placed their faith in PCGS, holding the bag. It has become very, very difficult to sell a FS designated Jefferson, or a FBL Franklin, sight unseen.
The only upside to all of this is that it now behooves one to learn how to grade oneself, and look at any strike designated coin of PCGS's with a jaded eye.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website