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Poll - What percentage of TPG coins do you think are over graded?

The cycle of the coin maker is:
Buy, crack, submit, sticker, repeat.

Hypothetically if the top 10 graders were able to grade all TPG coins and the average would establish the "real grade".

Then what do you think the percentage of these coins would have a TPG label grade higher than the "real grade"?

In other words, what % of TPG coins are currently over graded?





Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Over graded/under graded.... The process is subjective and the result is an opinion.

    Granted, the opinions of experienced 'graders' lend some degree of uniformity to the results.

    This is the best that can be hoped for until measurable, consistent standards are developed - and, likely computerized. So, yes, there are over graded coins, there are under graded coins.. that is the nature of the hobby at this time. Cheers, RickO
  • JJSingletonJJSingleton Posts: 1,401 ✭✭✭✭✭
    Wow! I thought I was cynical with thinking 20% of slabs were over graded. This is quite a slap on the TPGs. I would sure like to see more comments to better understand these poll numbers.

    Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia

    Findley Ridge Collection
    About Findley Ridge

  • ElcontadorElcontador Posts: 7,686 ✭✭✭✭✭
    You can't answer the question. Grading standards have changed over the years.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    The cycle of the coin maker is:

    Buy, crack, submit, sticker, repeat.




    I don't know where you get this but it's a farcical notion.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    6.47 % but I can't vote in the poll as as that measurement is not represented in the poll.
  • BoosibriBoosibri Posts: 12,401 ✭✭✭✭✭
    I think less about over or under graded and more about messed with or not messed with.



    An over graded but nice coin is something that I can deal with and will have a price where it clears the market and eventually finds its center of gravity at an appropriate grade. A processed coin is harmful regardless of grade and takes cover under the conditioning of the market that "market acceptable" is acceptable.
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭

    It all depends on the era of grading in which one learned how to grade. Grading standards in one's formative years of becoming a numismatist certainly have an effect on his opinion. If you learned to grade in the early 1990s like I did, you might think ~50% of modern slabbed coins are overgraded. Among the accurately graded coins, I still reject 90% or more of them based on eye appeal and/or asking price. No wonder I don't buy too much anymore.






  • coinhackcoinhack Posts: 1,173 ✭✭✭✭
    PCGS 0% over graded

    The other TPGs 100% and I'm standing by that

  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭
    The reality is that zero TPG coins are overgraded until they are graded higher later, and then later they are also not overgraded. Grading is subjective...





  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭
    I find your question nonsensical. By definition, the grade on the holder is their current opinion.



    If you ask what percentage may, at some future time, exist in a holder at a different grade, I would say it depends on your time horizon.



    Consensus opinion and what the market "likes" is always a moving target. Market grading will always chase this.
  • Bob1951Bob1951 Posts: 268 ✭✭
    If you include 3rd rank graders 70%. Pcgs-15%, NGC-25%, ANACS-35%, 3rd tier graders-80%.
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  • BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭
    Even though I place it at 10% it seems that 50% of dealer inventory at shows are in the over graded camp. I think that 10% end up accumulating in dealer cases.
  • ARCOARCO Posts: 4,431 ✭✭✭✭✭
    I don't know the percentage, but it sure seems that many of the coins for sale on Ebay are weak for the grade or overgraded. The lower end coins / dreck is what gets bought and sold over and over again...usually for an asking price far above their market value.

    Tyler
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    assertions by those who claim to "know" are absolutely ludicrous.



    if we consider that 25% of the 30mil coins graded by PCGS have been removed from their holders it still leaves 22.5mil PCGS graded coins in the marketplace. do the math and tell me how many coins you think you look at in a year --- different coins.

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