coin grading
tonedcoinlover
Posts: 95 ✭✭✭
In my advanced years of age (90+) how does it make any sense that the average time for grading a coin is 15 seconds total. How can any seasoned (old) grader differentiate wear from strike with coins struck prior to steam power (1836). With the slightest nuance in grade making substantial changes in value have the TPG set up a "business model " just to create an environment so that their revenue stream can be enhanced by resubmissions? I understand the subjectivity in grading but how within 15 seconds can a proper determination be made for early (pre 1836) coinage?
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Comments
They don't spend 15 seconds on every coin.
All comments reflect the opinion of the author, even when irrefutably accurate.
A good grader - whether professional or otherwise - can often expertly and accurately assess a coin in less than 15 seconds. And additional seconds or minutes spent on examination won’t lead to a more accurate determination. The amount of time spent grading isn’t part of a business model, the type of which you asked about.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.