<<I have a question for you Mark. Suppose a coin is sent in for a re-grade. During that coins review, the grader thinks to him/herself that the coin may have a 50/50 or whatever percent chance that it is AT vs. NT---- How often in this situation do you think the grader would have the integrity to stand on those same principles he would have on a regular grading and choose to bag the coin- in this situation that would involve costing his company some money? Would most PCGS or NGC graders have that integrity?>>
JRocco, if my math is correct, that is more than one question.
If a coin is submitted for "re-grade", to my knowledge, it is only looked at for its up-grade potential. So, the question/decision regarding AT vs. NT likely wouldn't be addressed.
If, on the other hand, a coin is submitted for "grade guarantee/down-grade/appearance review", I think that the graders will do a decent job in considering down-grading or no-grading the coin. I said "decent", as opposed to "good", "great", etc., because it must be extremely difficult, if not impossible, to be objective in determining whether a coin should be down-graded or no-graded, knowing that such a decision means $ (in many cases, a considerable amount) goes out the door/down the drain. That is probably the biggest problem I see with a grading company determining whether it graded a (possibly over-graded) coin accurately the first time.
<<I doubt anyone will read a post this late in the thread, but Mark's point regarding market grading isn't limited to AT/NT. Price is an integral part of the grading equation...>>
Comments
Whatever the handbook says!!!
Suppose a coin is sent in for a re-grade. During that coins review, the grader thinks to him/herself that the coin may have a 50/50 or whatever percent chance that it is AT vs. NT---- How often in this situation do you think the grader would have the integrity to stand on those same principles he would have on a regular grading and choose to bag the coin- in this situation that would involve costing his company some money?
Would most PCGS or NGC graders have that integrity?>>
JRocco, if my math is correct, that is more than one question.
If a coin is submitted for "re-grade", to my knowledge, it is only looked at for its up-grade potential. So, the question/decision regarding AT vs. NT likely wouldn't be addressed.
If, on the other hand, a coin is submitted for "grade guarantee/down-grade/appearance review", I think that the graders will do a decent job in considering down-grading or no-grading the coin. I said "decent", as opposed to "good", "great", etc., because it must be extremely difficult, if not impossible, to be objective in determining whether a coin should be down-graded or no-graded, knowing that such a decision means $ (in many cases, a considerable amount) goes out the door/down the drain. That is probably the biggest problem I see with a grading company determining whether it graded a (possibly over-graded) coin accurately the first time.
<<I doubt anyone will read a post this late in the thread, but Mark's point regarding market grading isn't limited to AT/NT. Price is an integral part of the grading equation...>>
I read it and I agree Don.