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Certification has improved grading standards but do we have slab inflation?
Cases in point: (1) PCGS, NGC, and ANACS have helped standardize and implement less ambiguous grading standards. The point is not whether you believe that an old AU58 is now graded MS63 but whether there is evolving a more universal standard of grading? (2) Several years ago I purchased an exceptionally rare Draped Bust… -
Re: Certification has improved grading standards but do we have slab inflation?
<< <i>that doesn't mean that I believe in standardized grading. There isn't really any such thing. The market knows it, too. If this is all true, then there is something else about plastic (besides "standardized grading") that the market values. What is it? >> I believe that having a coin encapsulated by a top-tier grading… -
Re: Certification has improved grading standards but do we have slab inflation?
<< <i>If this is all true, then there is something else about plastic (besides "standardized grading") that the market values. What is it? >> Authentication and the illusion that plastic offers standardized grading. Edited to add- << <i> But on the other hand a slab is a safer way to buy. >> I couldn't disagree more… -
Re: Certification has improved grading standards but do we have slab inflation?
When there are people who make a career out of tracking whether grading standards are tightening or becoming more lenient, and are actually able to play an arbitrage game from this phenomenon, it's the kind of situation, in most cases, that I walk away from. No, make that RUN away from. ".............that doesn't mean that… -
Re: Certification has improved grading standards but do we have slab inflation?
that doesn't mean that I believe in standardized grading. There isn't really any such thing. The market knows it, too. If this is all true, then there is something else about plastic (besides "standardized grading") that the market values. What is it? -
Re: Certification has improved grading standards but do we have slab inflation?
<< <i> << <i>Several years ago I purchased an exceptionally rare Draped Bust Half Dollar that in the early 1980's was touted as the world's finest known, as XF, by one of the most respected dealers in the United States. In 2002 it came back from ANACS net VG8. >> I'm sorry, I'm having trouble getting past point #2. What… -
Re: Certification has improved grading standards but do we have slab inflation?
<< <i>Several years ago I purchased an exceptionally rare Draped Bust Half Dollar that in the early 1980's was touted as the world's finest known, as XF, by one of the most respected dealers in the United States. In 2002 it came back from ANACS net VG8. >> I'm sorry, I'm having trouble getting past point #2. What issue is… -
Re: Certification has improved grading standards but do we have slab inflation?
Exactly as jmski52 wrote. -
Re: Certification has improved grading standards but do we have slab inflation?
There are already major players who track the swings in the TPG's grading on a monthly or even weekly basis. They keep an eye on who the individual graders are at any time. And they make money at this. Guess it's time to leave the slab market. Don't look know, but the slab insert IS the major factor in determining the… -
Re: Certification has improved grading standards but do we have slab inflation?
There's a reason that I collect mostly bullion issues. That reason is that back in 1966, I decided that I could grade for myself, and that I didn't need a 0 to 70 grading scale to know a good coin when I saw one. When they started hyping third party grading, it merely reinforced my conviction. I only recently joined the…
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