High end and Low end " + " coins ?
PawPaul
Posts: 5,845 ✭
If I have three 1954 Franklins and I send them in for Secure Plus grading ,
the first receives a grade of MS657 , the second is graded MS658 and the third MS659 -
all three get the " + " ............
do I not then have a low end, average , and high end example of a " + " 1954 MS 65 Franklin ?
the first receives a grade of MS657 , the second is graded MS658 and the third MS659 -
all three get the " + " ............
do I not then have a low end, average , and high end example of a " + " 1954 MS 65 Franklin ?
0
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I teach English, and do not have the higher math skills necessary to be a major player in today's grading market . .
Drunner
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>do I not then have a low end, average , and high end example of a " + " 1954 MS 65 Franklin ? >>
Better question- do you care?
<< <i>It's hard enough to tell a 65 from a 66 as it is, don't tell me that anyone can reasonably tell the difference between a 65.7 and a 65.8. >>
it is not that one person called it a 65.8 exactly.. it is an average of a few graders
i thought.
so three graders might have played out like this:
(65.4 + 65.9 + 66.0) / 3 = 65.7666667 (round up to 65.8)
so that anyone, if referring to graders, is actually a few people and an average.
if you meant collectors... i agree :-)
<< <i>did they get FBL? Id rather have that then a + >>
INteresting slant ,
the PCGS price guide shows a 1951-D MS-65 non FBL with a plus worth more then a regular '51-D in MS65 FBL !
<< <i>
<< <i>do I not then have a low end, average , and high end example of a " + " 1954 MS 65 Franklin ? >>
Better question- do you care?
well, I care if I don't particularly want low end " + " coins
<< <i>well, I care if I don't particularly want low end " + " coins >>
Okay then. Now, what will you do if it turns out your high end "+" coins are really "low high end", not "high high end"?
Ok, I didn't know that they tell you the decimal. 657; 658; 659...
Please visit my website Millcitynumismatics.com
They could grade your MS 65.9 a MS 66 instead of a 65+
Then it would really be a 66 minus.
So is a 65 plus better than a 66 minus?
<< <i>First we had low/avg/high for the grade. Now, we have low/avg/high for the highest end of a grade... >>
This situation wouldn't exist except for the fact that buyers continue to be willing to pay more money for ever-tinier perceived increases in grade.
<< <i>...why are "we" trying to break it down even more? >>
Because buyers are willing (so far, at least) to pay more for it.
<< <i>I understand PCGS is running a business, but doesn't the current business model provide enough profit? >>
If they can increase their profit by satisfying the demand for ever-finer grade divisions, go for it, I say.
<< <i>Isn't this REALLY splitting hairs? First we had low/avg/high for the grade. Now, we have low/avg/high for the highest end of a grade...
Ok, I didn't know that they tell you the decimal. 657; 658; 659... >>
I do not think "they" tell you ...........
<< <i>
<< <i>well, I care if I don't particularly want low end " + " coins >>
Okay then. Now, what will you do if it turns out your high end "+" coins are really "low high end", not "high high end"?
that's easy to answer : I find out that my high end plus coins are in reality low high end plus coins , thinking all along they were at least average high end
coins on the lower high end of the higher side of the high end scale ?
I find the lowest ledge of a high mountain and from an average height .........I fling myself off
<< <i>If I have three 1954 Franklins and I send them in for Secure Plus grading ,
the first receives a grade of MS657 , the second is graded MS658 and the third MS659 -
all three get the " + " ............
do I not then have a low end, average , and high end example of a " + " 1954 MS 65 Franklin ? >>
Oh...
this is what PQ+ means!
<< <i>
<< <i>
<< <i>well, I care if I don't particularly want low end " + " coins >>
Okay then. Now, what will you do if it turns out your high end "+" coins are really "low high end", not "high high end"?
that's easy to answer : I find out that my high end plus coins are in reality low high end plus coins , thinking all along they were at least average high end
coins on the lower high end of the higher side of the high end scale ?
I find the lowest ledge of a high mountain and from an average height .........I fling myself off >>
I can't believe it....
But I think I followed that old friend
<< <i>well, I care if I don't particularly want low end " + " coins >>
Stay away from the 45+ and 50+ coins then
<< <i>
<< <i>
<< <i>well, I care if I don't particularly want low end " + " coins >>
Okay then. Now, what will you do if it turns out your high end "+" coins are really "low high end", not "high high end"?
that's easy to answer : I find out that my high end plus coins are in reality low high end plus coins , thinking all along they were at least average high end
coins on the lower high end of the higher side of the high end scale ?
I find the lowest ledge of a high mountain and from an average height .........I fling myself off >>
POTD I like Franklins!
then when every coin either gets the "+" or doesn't get the "+" after 10 submissions...
then we could reasonably discuss high-end or low-end "+" coins.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>OK so you're going to submit 3 1954 Frankies in MS65FBL for secure grading. Hmmmm.. OK PCGS price list on a 65FB is $140 and a 65FB with a + is $210, that is a $70 difference per coin. So it costs $65 each for grading, plus $8 prosessing fee and postage both ways... THE WINNER IS!! PCGS!!! >>
In a voluntary transaction, both parties are winners.
Nobody is being forced to send their coins for grading if they don't think it to be in their best interest.