ANA GRADING GUIDE OBSOLETE IN PRACTICE 上市 Deposited

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  • The E-Sylum: Volume 6, Number 52, December 7, 2003, Article 20

    ANA GRADING GUIDE OBSOLETE IN PRACTICE

    Joe Boling writes: "You printed Amanda Rondot's confession
    about becoming a numismatic bibliomaniac I had already
    responded to the ANA as follows:

    Amanda Rondot, in writing about some of the books in her
    library, had this to say about one of them: "Official ANA
    Grading Standards for United States Coins is helpful not only
    for those of us who doubt our grading abilities and wish to
    improve them, but also for all coin collectors. Since few
    people are familiar with the grading standards for series
    outside their collecting specialties, this book is good for
    acquainting oneself with a new series before buying unfamiliar
    coins. I find it to be an especially useful study guide when I
    am acquiring type coins for my collection."

    I took the ANA grading course last month [October 2003].
    I found, when comparing the ANA grading set (graded by
    NGC) with the book, that the book no longer reflects market
    practice. If you are using it to familiarize yourself with a new
    series, expect the circulated coins that you find in recent slabs
    to be at least one full grade different from what you will see in
    the photographs in the book. In other words, if you want a
    coin that looks like one called fine in the book, you will have
    to buy a coin slabbed as very fine to find one with that degree
    of wear. If the grading service is one of the ones reputed to
    use even more liberal standards than NGC and PCGS, you
    might find two grades difference between the slabbed grade
    and the book's illustrations.

    If you are trading by mail with another collector, and you both
    agree to use the standards of the book, that will work OK.
    But if you are buying from a dealer, and you find one who is
    still using the standards of the ANA's official grading book,
    you had better cultivate that relationship."

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  • 2003-12-07
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