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Pillar of the Community
United States
4629 Posts |
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Pillar of the Community
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1289 Posts |
Have seen ASE's with the NGCx slabs here and there on ebay. If I was looking to buy a particular coin and found it available in either an "NGCx 10" or an "NGC MS70", I would take a pass on the "x" version. @datadragon: Thank you for the analysis.
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Pillar of the Community
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4326 Posts |
triggersmob recall the origin of the Sheldon scale.
It was not a general-purpose grading scale; it was based on the relative pricing of a single variety: If a coin in the basal, poorest recognizable state was worth one unit, a coin in Fair was worth two units, a coin in Good was worth 4, etc.
-----Burton 50 year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, OnLine Coin Club Owned by four cats and a wife of 40 years (joined 1983)
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Valued Member
United States
271 Posts |
Not a fan. The Sheldon scale is what numismatists are used to.
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Moderator
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157722 Posts |
It is way too late to try this now. The 10-point scale is something they should have used in the very beginning, not forty years later. Back then, they could have just mapped the ten points to the named grades (poor, fair, about good, good, very good, fine, very fine, extremely fine, about uncirculated, uncirculated) and everyone would be used to it by now.
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Pillar of the Community
United States
3113 Posts |
I suppose there could be value in a 10-point scale when you are describing MS coins, but once you fall below those tiers, the 10-point scale is overkill. I will stick with what I know - the Sheldon scale.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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157722 Posts |
Quote: I will stick with what I know - the Sheldon scale. Yup. Like I said, forty years too late to try to change it now.
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Pillar of the Community
United States
1646 Posts |
Quote: Yup. Like I said, forty years too late to try to change it now. Hi JBuck.... Yes but as in my reply above the 70-point grading scale for coins isn't going anywhere, same as always submitting to NGC. Rather, NGC simply recognized an opportunity to bring in possible new collectors to the hobby (more approachable to more people) - NGCX makes it easier than ever for collectors of comics, trading cards, sports cards and other collectibles graded on a 10-point scale to expand their interest potentially over to coins. Most collectors of other tangible assets like cards and comics are already familiar with the 10-point Scale which is why it was attempted to use that vs a more techy 70 point scale. The Scale is more intuitive for many people and simplifies transitioning to coins. The new Scale should invite new people into the market, increasing the demand for coins. Remember these are being used mainly by dealers/partners and not general collectors like on this forum submitting them to NGCX so it wasnt intended to replace the other scale.
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