Why would anyone avoid a Plus coin?

coinbuf · August 12, 2019 4:21PM

@gtstang said:
What I read between the lines in that article is if a prospective buyer knows the coin sold previously in a lesser grade for less money, they see it as the grading game and choose not to play. I see nothing wrong with their decision especially if the money asked is multiples of the previous sale price at the lowest grade.

This, although I can see other reasons why some might avoid + graded coins

savitale · August 12, 2019 6:36PM

Does the plus mean it has a higher technical grade, or that it has eye appeal?

Walkerfan · August 12, 2019 6:44PM

@savitale said:
Does the plus mean it has a higher technical grade, or that it has eye appeal?

Higher technical grade.

jabba · August 12, 2019 6:51PM

Where talking about plus + coins and nobody has posted one

MFeld · August 12, 2019 7:21PM

@Walkerfan said:

@savitale said:
Does the plus mean it has a higher technical grade, or that it has eye appeal?

Higher technical grade.

Actually, both. “Plus Grades" exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade.” Link: https://www.pcgs.com/grades

Walkerfan · August 12, 2019 8:36PM

@MFeld said:

@Walkerfan said:

@savitale said:
Does the plus mean it has a higher technical grade, or that it has eye appeal?

Higher technical grade.

Actually, both. “Plus Grades" exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade.” Link: https://www.pcgs.com/grades

Interesting...I never knew that. Thanks for the accurate and concise info.

lusterlover · August 13, 2019 6:57AM

@Walkerfan said:

@MFeld said:

@Walkerfan said:

@savitale said:
Does the plus mean it has a higher technical grade, or that it has eye appeal?

Higher technical grade.

Actually, both. “Plus Grades" exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade.” Link: https://www.pcgs.com/grades

Interesting...I never knew that. Thanks for the accurate and concise info.

Did they change this? It used to say "top 10%" when it first came out IIRC. The + % still averages 2%. I understand not all grades are eligible but it's still way less than 30%. Am I wrong here?

MFeld · August 13, 2019 7:03AM

@lusterlover said:

@Walkerfan said:

@MFeld said:

@Walkerfan said:

@savitale said:
Does the plus mean it has a higher technical grade, or that it has eye appeal?

Higher technical grade.

Actually, both. “Plus Grades" exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade.” Link: https://www.pcgs.com/grades

Interesting...I never knew that. Thanks for the accurate and concise info.

Did they change this? It used to say "top 10%" when it first came out IIRC. The + % still averages 2%. I understand not all grades are eligible but it's still way less than 30%. Am I wrong here?

I, too, thought that it used to say top 10%.

Coinscratch · August 13, 2019 7:49AM

I'm assuming the story changes if the top pop is 67 and your newly graded coin is 67+.

ChrisH821 · August 13, 2019 7:59AM

@RogerB said:
With "grades" being nothing but opinions, and unstable ones at that, one must look at the coin through their own experience to determine if some "grade" or added symbol is meaningful or capricious.

I agree this is what it boils down to. If you don't agree with a + then you wouldn't want to pay the extra for a supposed premium coin. If you do agree with a +, chances are you are willing to pay more over the base grade for it.

davids5104 · August 13, 2019 8:27AM

@WWW said:
Okay... so which one is it?

This coin obviously turned in the holder. It is much more desirable now. I love the new, umm, look

davids5104 · August 13, 2019 8:32AM

The book CAC coins offers to new members.... it say plus grades value is often 20% of the difference between the two grades.

MS64 is 500
MS65 IS 2000
THEN 64+ is 800

MFeld · August 13, 2019 9:09AM

@davids5104 said:
The book CAC coins offers to new members.... it say plus grades value is often 20% of the difference between the two grades.

MS64 is 500
MS65 IS 2000
THEN 64+ is 800

Rather than use a general formula (which I believe is going to be off, far too often to use safely,) I'd utilize data from actual sales, as well as price guides.

Cougar1978 · August 13, 2019 9:13AM

Have no clue. But if really like coin / price would be buyer.

matt_dac · August 13, 2019 10:28AM

Here's a + I'm happy to have:

I would not exclude any grade if I like the coin/if it "speaks" to me.

MonsterCoinz · August 13, 2019 12:43PM

I think some collectors may avoid "+" grades because they see the coin as maxed out. Better than a 64 but clearly something held it back from 65, so it gets the plus. Many times, I see a plus grade that is very eye appealing (toning/strike/luster) but a couple dings in the wrong place preclude it from a 66.

Why would anyone avoid a Plus coin?

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