Shouldnt all pop 1 PCGS coins....
mumu
Posts: 1,840
Also get a + by mathematically definition?
0
mumu
Posts: 1,840
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it is relative to the grade and not the other coins.
Pop 1 means it's the only coin certified at a particular grade. It is not an indication of where the coin falls within the range for that grade; i.e., it does not mean it is high end for the grade.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Plus 1 means it's very close to the next higher grade which has nothing to do with pops. >>
Coins aren't "graded on a curve". --Jerry
by my way of thinking they most certainly are and the result is an expected thing that we whip a nasty name on....................gradeflation.
the more coins of a specific series/date/variety or whatever that a grader or grading company looks at, the more acclimated they become to what that coin is supposed to look like in a specific grade. as more "data" is stored in our brains we naturally have a greater set to compare against when we look at a coin; the same happens with the graders. over time the perception and hence, the grade, changes. i can guarantee that what i thought was an MS65 Morgan Dollar 15 years ago probably wouldn't cut the Mustard at that same grade today simply because i have a better understanding of what an MS65 Morgan Dollar should look like based on everything i've seen in that 15 year period.
i realize that probably isn't the definition of "curve" where certain grades would be assigned intentionally based on the highest and lowest, but i think it's close.
<< <i>Plus 1 means it's very close to the next higher grade which has nothing to do with pops. >>
<< <i>Also get a + by mathematically definition? >>
Statements such as this show a fundamental misunderstanding of the grading process.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>
<< <i>Also get a + by mathematically definition? >>
Statements such as this show a fundamental misunderstanding of the grading process. >>
I agree as most pop 1 coins just barely got over the wire, and most of the time are just waiting for the next contestant.