Fun with Grades Public Deposited

[Colonial Numismatics] Re

Re

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  • From r.bonjour@worldnet.att.net Mon Dec 30 14:44:26 2002
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    Subject: Re: [Colonial Numismatics] Re: Fun with Grades
    Date: Mon, 30 Dec 2002 17:44:02 -0500
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    From: "Roy Bonjour" <r.bonjour@worldnet.att.net>
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    I've been thinking about grading for some time. I won't bore you with my
    opinions, but have an idea. At the Nov 2003 C4 Convention someone (Ray)
    should bring in three coins (probably NJ, since all of the email traffic
    seems to indicate that they are the flavor of the period). Set up a table at
    the rear and allow those interested, to secretly grade each coin on a
    provided ballot. The results will be announced at the end of the meeting.
    Let's have the "experts" grade the coins. Should be interesting!
    Roy
    ----- Original Message -----
    From: <jagre@attbi.com>
    To: <colonial-coins@yahoogroups.com>
    Sent: Thursday, December 26, 2002 7:41 PM
    Subject: [Colonial Numismatics] Re: Fun with Grades


    > Byron -
    >
    > I agree with that.
    >
    > But what bothers me about the present situation is not the wide variety of
    > equally valid opinions (I accept that), its the element of 'when I'm
    selling it its
    > an AU, when I'm buying it its a VF' mentality that I find to be so
    distasteful and
    > one of the very worst parts of our hobby.
    >
    > Speaking for myself, whatever opinion I hold of a coin I honestly believe
    it will
    > be the same whether I'm buying or selling it.
    >
    > The other thing I find noteworthy in this situation is that while PCGS can
    be
    > criticized for many things (its a Camel Head!), they do have the capacity
    to
    > eliminate some (but not all) of this sellers / buyer 'bias'.
    >
    > John Agre
    >
    > --- In colonial-coins@yahoogroups.com, "Byron K. Weston <bkweston@l...>" <
    > bkweston@l...> wrote:
    > > There's an old saying about opinions, Eric, that I don't think I need
    > > to repeat here.<s> That's why I've only ever relied upon my own -
    > > perhaps that is your point?
    > > Byron
    > >
    > > --- In colonial-coins@yahoogroups.com, "colonialcoinunion
    > > <jagre@a...>" <jagre@a...> wrote:
    > > > During the C4 in Boston I showed a Chalmers Long Worm Shilling to a
    > > > number of people for grading opinions.
    > > >
    > > > The coin was in a PCGS holder at the time but I had covered the
    > > grade.
    > > >
    > > > I was interested to see what people thought of the coin, not to see
    > > if anyone
    > > > could guess what PCGS had called it and I received comments ranging
    > > from
    > > > XF40 Cleaned to AU58 or better 'sharpest seen' or words to that
    > > effect.
    > > >
    > > > I also showed the coin to the Bowers contingent at the show who
    > > were very
    > > > nice, but generally unimpressed with the coin (they were the XF40
    > > cleaned
    > > > comment). They also mentioned that they 'feared PCGS had called it
    > > an AU
    > > > or something'.
    > > >
    > > > Fast forward to about a week ago when I traced the coin back to the
    > > Bowers
    > > > 97 Rarities Sale where it had been previously sold and where it was
    > > decribed
    > > > at that time (I 'm pretty sure by the same Bowers contingent) as
    > > Choice AU,
    > > > lustrous, and a 'numismatic prize at this grade level'.
    > > >
    > > > Incidentally, PCGS called it a 58.
    > > >
    > > > I'm not saying PCGS is right, or any of the opinions I received are
    > > wrong. I'm
    > > > not sure what I'm saying.
    > > >
    > > > It is odd though.
    > > >
    > > > JA
    >
    >
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Source URL Date published
  • 2002-12-30
Volume
  • 1

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