Question on ANACS net grading

seatedcoins

When an ANACS slab has AU58 details(Cleaned), does that mean if it hadn't been cleaned it would have graded higher. But because it has been cleaned points have been deducted.

Is that what net grading means?

BECOKA

I have seen a little bit of everything.

Sometimes it's an MS62 coin net graded to AU58 for cleaning.
Sometimes it's an AU58 coin with AU58 details for cleaning.
Sometimes it's an AU58 coin with AU50 details because it is original and has spectacular eye appeal. i.e. netted upward and not labeled as such.

Unknown

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RedTiger

No, it would say Unc details, cleaned, if they thought it was uncirculated. The old net grades had something like:

AU details, cleaned, net VF35 or whatever depending on how severe the problem

And the coins would often trade at auction at a discount to the net grade.

PerryHall

ANACS no longer gives a net grade. They give a details grade (grade as if there were no problem) and then lists the problem. It's up to the owner to value the coin.

Frankcoins

<< <i>When an ANACS slab has AU58 details(Cleaned), does that mean if it hadn't been cleaned it would have graded higher. But because it has been cleaned points have been deducted.

Is that what net grading means? >>



The details grade is what the coin grades without the problem. The "net" grade is supposed to be what the coin is WORTH.

Another word for net grading is market grading, where you give the coin the grade that it's WORTH rather than the grade
based on objective technical standards. That's what PCGS and NGC do, and why collectors studied in technical grading
find the grading service's grading so maddening. The grades are actually "price slots" and have little to do with grading
standards as such, but on "how collectors perceive the coin." That's why we see slabbed Goods without full rims, Fine Indian cents
without full LIBERTY, Mint State coins with wear, and various "market acceptable" artificial toning.

From th PCGS grading guide: