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If the TPGs adopted a 100 point scale (or something similar), what would you do with your slabs?

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  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭
    Retain my current slabs as is

    They should just use a 700 point scale, so we can just add a 0 to the grade, and make conversion easy.

    Frank

    BHNC #203

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    This goes for Everyone in the industry today.

    Our brains are keyed to a 70 point scaled and ingrained in us.

    Everyone would have to retrain their brain to 100 point scale, that's why I say it will never happen.

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited July 7, 2021 11:05AM
    Other

    That Dracula clone from Sesame Street says yes, but cautions he has the ability to grade using any radix from binary through hexadecimal. He's considered expressing the grade logarithmically to eliminate confusion.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • CatbertCatbert Posts: 7,585 ✭✭✭✭✭
    Retain my current slabs as is

    @ColonelJessup said:
    That Dracula clone from Sesame Street says yes, but cautions he has the ability to grade using any radix from binary through hexadecimal. He's considered expressing the grade logarithmically to eliminate confusion.

    The good Colon el has so much mystique that he has become a mystic! 😉

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭

    @Catbert said:

    @ColonelJessup said:
    That Dracula clone from Sesame Street says yes, but cautions he has the ability to grade using any radix from binary through hexadecimal. He's considered expressing the grade logarithmically to eliminate confusion.

    The good Colon el has so much mystique that he has become a mystic! 😉

    I approach his posts with trepidation, fearing that I am about to receive a colonic. :o

    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • fathomfathom Posts: 1,861 ✭✭✭✭✭

    Consider this:

    If one of the two majors pulls the trigger the other one will reap a significant reward.

    If they both pull the trigger at the same time it would be considered a form of collusion since they are more than 70% of the slab market combined.

  • CatbertCatbert Posts: 7,585 ✭✭✭✭✭
    Retain my current slabs as is

    @fathom said:
    Consider this:

    If they both pull the trigger at the same time it would be considered a form of collusion since they are more than 70% of the slab market combined.

    They already did this with plus grading.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • MrEurekaMrEureka Posts: 24,403 ✭✭✭✭✭

    How would a TPG go about hiring graders who know how to grade to a 100 point scale?

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    Other

    @fathom said:
    Consider this:

    If one of the two majors pulls the trigger the other one will reap a significant reward.

    If they both pull the trigger at the same time it would be considered a form of collusion since they are more than 70% of the slab market combined.

    If they both pulled the trigger it would be a circular firing squad on a suicide mission. Blackstone and Stephen Cohen just want to "wet their beaks", not eat each other's livers

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • MrEurekaMrEureka Posts: 24,403 ✭✭✭✭✭

    @Sonorandesertrat said:
    I think I must have lived a sheltered life. 'Hand-roll', 'flavored glue'? I do know what a doobie is, so I am not a total dork. :|

    What happened to the “disagree “ button???

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • fiftysevenerfiftysevener Posts: 922 ✭✭✭✭
    Retain my current slabs as is

    Find a Forum that considers the Sheldon Scale

  • fathomfathom Posts: 1,861 ✭✭✭✭✭
    edited July 8, 2021 6:35PM

    @Catbert said:

    @fathom said:
    Consider this:

    If they both pull the trigger at the same time it would be considered a form of collusion since they are more than 70% of the slab market combined.

    They already did this with plus grading.

    The + grades were not really an enticement to recertify.

    A new scale would force recertification otherwise your MS65 etc. will not measure up to the new standard. Whatever the new standards. It just doesn't make business sense.

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    Other

    @Catbert said:

    @ColonelJessup said:
    That Dracula clone from Sesame Street says yes, but cautions he has the ability to grade using any radix from binary through hexadecimal. He's considered expressing the grade logarithmically to eliminate confusion.

    The good Colon el has so much mystique that he has become a mystic! 😉

    Since it's fully covered by Medicare, when I next see my gastroenterologist I will inquire of the mystical powers of the All-Seeing Eye. :D

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • CryptoCrypto Posts: 3,863 ✭✭✭✭✭
    Retain my current slabs as is

    If it made grading more accurate I would be all for it. That said scale does nothing for the vagaries of opinion and I would grade and regrade as normal when there is a value add to coin its self, same as it ever was.

  • derrybderryb Posts: 37,593 ✭✭✭✭✭
    edited July 8, 2021 10:30AM
    Other

    I would simply multiply my current grades by 1.4285714 and post the new grade on a label attached to the slab.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    Other

    @derryb said:
    I would simply multiply my current grades by 1.4285714 and post the new grade on a label attached to the slab.

    1.42857142857142857142857142857142857(plus as many more 142857's as you might wish to append) is more accurate, but less efficient. CAC needs a neutron microscope to grade more tightly than a 10,000 pt scale, and they're running out of sticker colors.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • stockdude_stockdude_ Posts: 503 ✭✭✭

    I doubt they will do the 100 point scale. The next thing thats coming is split grading. Just too much money to be left on the table for the TPG's. I predicted it years ago. Bank on it

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited July 8, 2021 6:32PM
    Other

    @MrEureka said:
    How would a TPG go about hiring graders who know how to grade to a 100 point scale?

    By paying them 1.142857 of the current market. B)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell

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