how long does it take to grade a coin accurately
Cam40
Posts: 8,146 ✭
3 seconds?
10 seconds?
30 seconds?
you think toned coins should require more time to state an accurate grade?
what grade ranges need extra time to come up with an accurate grade?
high MS? how high?
10 seconds?
30 seconds?
you think toned coins should require more time to state an accurate grade?
what grade ranges need extra time to come up with an accurate grade?
high MS? how high?
0
Comments
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
<< <i>how long does it take to grade a coin accurately >>
my what silly question! only as long as it takes to read a number off the slab, of course!
is there any other way to grade a coin???
K S
the less experienced you are the longer it would take to do a good job. While there are rules behind the grading effort, but once learned for professionas and expert collectors, it is pattern reading. An experienced grader has a picture in his/her head of the appearance of thousands of coins of that series and even year and mentally through pattern recognition sorts the subject coin by grade. In the professional grading environment, there are checks and balances created by the several grader and finalizer process and constant quality control by record keeping and review of performance relative to others. This does not imply that anyone can be an outstanding grader. Visual recognition skill is a cognitive function and there is a bell shaped curve of performance for people of equal experience.
The average collector usually lacks the experience, discipline, training and QC of the expert. He or she may or may not be gifted in this cognitive area. You can however constantly improve ( personal best).
I submited 2 crossovers, i was curious how long it would take for a regrade its only been a week and i am patient. Just anxious about the grades of the coins. Any body know when it will post on site?
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Whatever the coin, few seconds will give a solid first impression to a skilled grader. Another 5-15 seconds to make sure he didn’t miss anything, and then rethink the grade. And up to another couple of minutes if more study becomes necessary. Too many variables to estimate a meaningful average.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Fast!!
For those who are critical of grading assessments (sometimes) done in less than 30 seconds - an experienced grader/numismatist can often see in a matter of seconds, that which a novice might take minutes to detect, if he sees it at all.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@Treasurehunter40....Welcome aboard.....Patient but anxious??
Conflicting feelings I would say... 
Remember, not only are your coins in process, but also thousands of others...another week or two and you will have your answers.... Good luck...Cheers, RickO
I have found that most good graders tend to be nearsighted. that makes it easier for them to grade and see things that a farsighted person like myself might struggle with. also, a professional grader has looked at many multiples of coins more than any of us. though it is easy to pick up a coin, make and assessment and pronounce a grade withing 5-10 seconds I don't think the TPG's use that model.
I would think on average that the time would be less than a minute depending on the coin and what is being asked by the submitter.
It must be pretty fast since when I'm selling a graded/slabbed coin, the dealers always tell me it's over-graded at first glance.
You’re not giving dealers nearly enough credit. There’s no need to even see the coins in order to tell you that.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
That's probably true.... Although I've noticed that after they have bought the coin, and can spend a few minutes studying "it in a different light", they often realize that the coin is accurately graded or in some cases even under graded.
Agree with Mr Feld.
Once bought a raw CC/GSA Morgan and it was like boom... it screamed MS66 ... better than any Morgan that I had in my collection. Looking at alot of coins is the recipe.
Invariably there are the maybes.... which get alot more of my time.
I have learned to do an initial evaluation, make notes, set it aside, and come back to it often.
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And not really related to the resurrector's concern...
Smitten with DBLCs.
It’s funny, I was thinking of posting a reply to the OP but found I already posted in 2003 with what I would have posted today. Lol
More importantly: What are the qualifications/experiences of the grader? Who is doing the grading?
@keets said: "I have found that most good graders tend to be nearsighted. that makes it easier for them to grade and see things that a farsighted person like myself might struggle with."
LOL, you are SO RIGHT!" I've worked with one or two "top-end," excellent, professional graders who cannot see a giant hairball in a sealed slab without a magnifying glass.
Who does the grading matters more than anything else, not the amount of time involved.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Yep. But understandable. OP in ‘03 wondering about how long each coin may take to grade. How long it takes ‘in the grading room’ from coin to coin to coin.....
New forumite (welcome by the way!) wondering how long it will take to get his submission graded and returned to him.
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I'm going to guess it's about twice as long as it takes to grade it inaccurately.
If someone like the graders of our host I would imagine within 30 seconds, of course as I understand it each coin is looked at by three graders, I would figure they know what they are looking at.
I guess that's as good as it gets.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
For skilled graders like Mark and Andy, a matter of seconds is all it takes to accurately grade most coins. I've seen others who have collected for many years who can't accurately grade, no matter who much time they take.
The IBM Watson computer has been trying to calculate the answer to the original posters question for a few years.
It just recently came up with the result.
42
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
We all have our areas of expertise. It's frequently amazing to me that a person can pick up one of my coins and in a single look have a thorough understanding of things that took me multiple episodes of study to recognize.
I'm not a radiologist, but I usually read 50-75 X-rays a week in my area of specialty. 95% of them are mentally processed in 10-20 seconds and it takes me another 15-20 seconds to dictate the report. A few take 30-60 seconds and every so often one generates a few phone calls. In training, med students are often asked to interpret films. Almost always they see without seeing. It's only natural. An expert relies on past exposure to thousands of similar events to be able to process and categorize information effectively.
Many of you would be able to glance at profit-loss summaries or stock financials and digest the key points in a few seconds. Beyond the basics, that stuff is Greek to me. A person came to our house a few days ago and came up with an interior design plan for a room in a few minutes. The results from following a few of her recommendations are astounding. Etc, etc.
@WinLoseWin said: "The IBM Watson computer has been trying to calculate the answer to the original posters question for a few years. It just recently came up with the result: 42
Makes sense; 42 years in the business and nearsighted.
As long as it takes to get it right.
It kepends on your experience and whether anything is odd about a particular coin. I find Morgans very easy to grade. But when you are looking at SLQs, I get a headache looking at not quite there or just made it coins re the FH designation. I would never buy a coin like that.
Also, when it comes to open collar coins, like the Capped Bust Half, some coins may be unc., but are not fully struck. It helps to know die pairings. Also, many have been played with in very creative ways, so you have to know what to look for to spot this.
It takes about the same amount of time to "grade a coin accurately" as it does to:
Review a movie accurately
Rate a wine accurately
Grade a term paper accurately
Judge a beauty contest accurately
Liberty: Parent of Science & Industry
If it’s not your coin..15seconds. If it’s your coin..you ponder the grade forever
Based on my results I found that I can grade coins blindfolded and it matters not. The time....it depends on how long it takes to put the blindfold on?
To grade it accurately it sometimes takes 2 or 3 submissions.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Just a few seconds for most coins.
Some may need extra examination.
I only agree with one out of four of these. I've heard that many folks can tell a good wine after only a few seconds.
I'm pretty sure the point was that since there's no indisputably correct answer in any of those cases, accurate was a bad word choice.
Thanks, I hate trying to read between the lines to figure out something that was not stated simply.
I still disagree with the stated examples except for one. I'd say that coins are graded accurately in most cases no matter how long it took for each graded to give an opinion. I'll also bet the outcome is more satisfactory to more folks than most movie reviews or beauty contest results.
BTW, I believe that in most cases it takes longer to pick up the flip from the box, remove the coin, put it back into the flip, type the grade into the computer,and put the flip back into the box, than it takes to grade it!
Apparently, it takes years.
We all have seen coins of “substance” go from MS65 to MS67 over a period of years. If we wait long enough, those 64’s are going to improve.
10 second gradings is the reason we have counterfeits in authentic slabs. Slow down peeps, it's not a race.
Just started this hobby 1 yr and a half ago.
wait for it.....wait for it....
Now I know why the gloves.
Whatever the coin, few seconds will give a solid first impression to a skilled grader. Another 5-15 seconds to make sure he didn’t miss anything, and then rethink the grade. And up to another couple of minutes if more study becomes necessary. Too many variables to estimate a meaningful average.
+1
I have learned to do an initial evaluation, make notes, set it aside, and come back to it often.
+1
An expert relies on past exposure to thousands of similar events to be able to process and categorize information effectively.
+1
In my area of familiarity - Modern Bullion, I have 69 graded coins that are without question nicer coins than some of my 70 graded coins. And a couple of 69 graded coins that need obvious replacement with real 69 condition. Indeed, to prove a point I've re-submitted a 69 graded coin and had it come back as a 66.
Grading is a paid opinion. And a stroke of marketing genius. Sometimes, it matters. Other times, not so much. I do agree with David Hall - have fun with your coins.
I knew it would happen.
I disagree,
I've run several tests on professional authenticators to back this up. Coins that I detect as counterfeits get passed on many occasions because I look at their surfaces with two eyes using a microscope (8X), and florescent light. They don't.
Furthermore, many of the state-of-the-art counterfeits are excellent copies. They fool everyone for a while. Add a little circulation, slight corrosion, or cleaning and detecting them is even harder.
Well you certainly are not going to do all that in 10 seconds. Thank you for reaffirming my point.
Depends on the coin, doesn't it?
MS and proof moderns are far quicker to evaluate than 200 year old very rare coins in net Fine.
Saying they all take the same 10 seconds or 10 minutes makes it sound like you haven't a clue about this subject, and are just repeating a trope to push our buttons. We can spot straw men arguments around here.
Liberty: Parent of Science & Industry
Not so fast! Ten seconds was another member's GUESS.