"There's the ideal world and then there's the real world. You can't tell me that it's going to be acceptable for graders to make constant trips to the vault to reference grading sets, each trip probably taking 5-10 minutes, which will really stifle a grader's output for the day. For the customers, of course accuracy is paramount. But for the workers and the operation, I'm pretty sure you don't want to be the guy with the low numbers because you're always getting up to go visit the vault.
BTW, a reference set shouldn't need to be consulted to evaluate whether the surfaces are original or not."
Instead of making stuff up please read what I wrote, I said nothing about constant trips to the vault or using a reference set to determine whether surfaces are original or not.
As EliteCollection said, "JA has already said that graders can review the grading sets periodically to recalibrate as needed. Maybe they come back from vacation and need to do a recalibration. For professional graders, there's no need to make constant trips to reference grading sets for each coin."
I did state the facts below.
"Grading a coin in hand is far superior to grading from an image. Both do not define a standard equally. Important characteristics like luster, hairlines, and toning can be very difficult to judge from an image."
"Many of the images on PCGS photovision show coins that do not have original surfaces. Therefore, for many reasons it's not a good tool to use as a grading standard.
Are you really expecting price guides to have the ability to distinguish the gradations of three tier pricing?
To be fair, the price guides don't have to be that granular. It's easy enough to look at the price for 64 and price for 65 and then estimate a price between the two.
It's a little more complicated than that. Here is the PCGS Price Guide for the above shown New Rochelle
MS65. ▲425
MS65+. ▲450
MS66 475
MS66+ 575
MS67▲ 1,000
MS67▲ 1,750
MS68 9,000
MS68+ 25,000
Are you really expecting price guides to have the ability to distinguish the gradations of three tier pricing?
To be fair, the price guides don't have to be that granular. It's easy enough to look at the price for 64 and price for 65 and then estimate a price between the two.
It's a little more complicated than that. Here is the PCGS Price Guide for the above shown New Rochelle
MS65. ▲425
MS65+. ▲450
MS66 475
MS66+ 575
MS67▲ 1,000
MS67▲ 1,750
MS68 9,000
MS68+ 25,000
But they don't HAVE to be that granular. If the 65+ didn't have a price, not hard to squeeze it in between 425 and 475.
At the top pop end, they would be more useful if they were actually accurate.
And further to your point, at the top end, the transaction history is so spotty or they trade so seldom that the price guides aren't reliable anyway.
Are you really expecting price guides to have the ability to distinguish the gradations of three tier pricing?
To be fair, the price guides don't have to be that granular. It's easy enough to look at the price for 64 and price for 65 and then estimate a price between the two.
It's a little more complicated than that. Here is the PCGS Price Guide for the above shown New Rochelle
MS65. ▲425
MS65+. ▲450
MS66 475
MS66+ 575
MS67▲ 1,000
MS67▲ 1,750
MS68 9,000
MS68+ 25,000
But they don't HAVE to be that granular. If the 65+ didn't have a price, not hard to squeeze it in between 425 and 475.
At the top pop end, they would be more useful if they were actually accurate.
And further to your point, at the top end, the transaction history is so spotty or they trade so seldom that the price guides aren't reliable anyway.
But having the price guides for the top end is still better than not having them. That does not prohibit most of us from also researching auction sales history.
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
Coin club friends putting in ramped up turbo bids for US Classic CACG coins. I have a really high bid on one be interesting how high they bid it up. Doubt I will win it.
No. There is no reason why they should. It’s the same grading company lol.
Eventually I believe the sticker operation will be shutdown (operating efficiency) and then all CACG from then on. Like a newly formed star going to full output. Additionally from opinions of players on the bourse the Mkt prefers CACG vs CAC stickered anyway. Got CACG?
@Elcontador said:
I really think the CAC getting into a grading service is a mistake, and is unnecessary, except possibly for the people who are building sets of the most expensive 1-2% of U.S. coins that are out there.
I wonder if the last part on the 1-2% is driving the entire effort.
Comments
"There's the ideal world and then there's the real world. You can't tell me that it's going to be acceptable for graders to make constant trips to the vault to reference grading sets, each trip probably taking 5-10 minutes, which will really stifle a grader's output for the day. For the customers, of course accuracy is paramount. But for the workers and the operation, I'm pretty sure you don't want to be the guy with the low numbers because you're always getting up to go visit the vault.
BTW, a reference set shouldn't need to be consulted to evaluate whether the surfaces are original or not."
Instead of making stuff up please read what I wrote, I said nothing about constant trips to the vault or using a reference set to determine whether surfaces are original or not.
As EliteCollection said, "JA has already said that graders can review the grading sets periodically to recalibrate as needed. Maybe they come back from vacation and need to do a recalibration. For professional graders, there's no need to make constant trips to reference grading sets for each coin."
I did state the facts below.
"Grading a coin in hand is far superior to grading from an image. Both do not define a standard equally. Important characteristics like luster, hairlines, and toning can be very difficult to judge from an image."
"Many of the images on PCGS photovision show coins that do not have original surfaces. Therefore, for many reasons it's not a good tool to use as a grading standard.
It's a little more complicated than that. Here is the PCGS Price Guide for the above shown New Rochelle
MS65. ▲425
MS65+. ▲450
MS66 475
MS66+ 575
MS67▲ 1,000
MS67▲ 1,750
MS68 9,000
MS68+ 25,000
And further to your point, at the top end, the transaction history is so spotty or they trade so seldom that the price guides aren't reliable anyway.
But having the price guides for the top end is still better than not having them. That does not prohibit most of us from also researching auction sales history.
Steve
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
Coin club friends putting in ramped up turbo bids for US Classic CACG coins. I have a really high bid on one be interesting how high they bid it up. Doubt I will win it.
No. There is no reason why they should. It’s the same grading company lol.
Eventually I believe the sticker operation will be shutdown (operating efficiency) and then all CACG from then on. Like a newly formed star going to full output. Additionally from opinions of players on the bourse the Mkt prefers CACG vs CAC stickered anyway. Got CACG?
I think PCGS should sticker CACG coins. Maybe it would be useful for the registry and PCGS could charge its normal submission fee (maybe more).
I wonder if the last part on the 1-2% is driving the entire effort.