A better idea than the 100 point grading system
coin22lover
Posts: 3,542 ✭✭✭
Since the 100 point system idea was nuked, how about just putting numerical details on Genuine holders instead. Instead of a vague "UNC Details" how about "MS65 details," etc.
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I asked ICG about that once, and they didn't like it; though they and Anacs do a 58 details which I think N and P should do too.
There are numerous instances where the problem that makes the coin a no grade would make assigning a number to the coin completely impossible. Also, it may be worth asking yourself, who would want to own an MS67 details coin?
What is now proved was once only imagined. - William Blake
I prefer the way it is done now, with no number.
The numeric grade is supposed to correlate with prices.
With a details coin, the price can vary quite a lot, depending on the buyer's preferences.
I remember the time someone recommended a better idea than 8 minute abs. Then someone improved on that. By the time you get to 1 minute abs and 0 minute abs, the better is gone.
'not'
They should use their expertise to assign a Net grade with number that makes sense to the Market.
Liberty: Parent of Science & Industry
I get not doing that for MS grades as the “details” part describes only the level of wear. They could certainly differentiate the circulated grades though. A VF20 and a VF35 don’t have the same details. I imagine there just isn’t much of a market for the differentiation as the level of wear usually matters less than the overall eye appeal of a details coin.
^^^ THIS^^^
My Saint Set
I think collectors would rather have a net graded coin.
There are lots of coins in tough series that are net graded when the same damage would be a no grade in a more common series.
An Ms67 details 200+ year old US gold coin, lightly wiped, net AU, priced as a Fine-12. Yes please! Done and done and thrilled with it. And grateful to the market for not appreciating such coins yet.
Liberty: Parent of Science & Industry
The market doesn't price the coin that you describe as an F12 whether it's raw or net graded.
What is now proved was once only imagined. - William Blake