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MarkFeld

Member: Seasoned Veteran
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Everything posted by MarkFeld

  1. I don’t keep statistics but I’d guess roughly 70% of the ones I report.
  2. You CAN report an item you haven't bought - you just can't leave feedback about the seller. I frequently report counterfeits and scams.
  3. That might be better quality than he seeks or is familiar with.
  4. Considering how many Morgan dollars were produced and that the large majority of AU’s wouldn’t be worth the cost of grading, I don’t find it amazing or even surprising. There are still large quantities of uncirculated bags out there, too. And there are more than enough perfectly legitimate sales by the owners of both the circulated and the uncirculated ones.
  5. It has nothing to do with trying to say that about grading. It’s merely acknowledging the fact that with all of the thousands of coins that are graded each week, even if a small percentage are graded too liberally or too conservatively - and of course they are - there are still countless coins on the market that are mis-graded. And one way or another, many sharp collectors and dealers make the most of it.
  6. I think it’s short-sighted to make such judgment without seeing the two coins in hand. And you can remove CAC from the equation. Sometimes a coin of one grade justifiably sells for more than another that’s a grade higher.
  7. Agreed about AU on the first coin and harshly cleaned on the second one. But both are worth a good percentage over bullion value, which would currently be about $21.
  8. Any hobby where grades are assigned, has an evaluation of the grades. Grades aren’t “final” and the evaluation occurs when the item is resubmitted or submitted to a different evaluator. And let’s not forget, it’s not as if lots of coins with CAC stickers aren’t re-graded or cracked out, as well.
  9. Not that I recall. But when I was a grader, the number of graders and daily volume of coins graded were both much smaller than they are these days.
  10. As I said, you don’t “know” him and I do. It’s not that they don’t do a really good job, overall, but...the panels of graders that you’re apparently so pleased with, grade far more coins on a daily basis, don’t have as much time per coin, feel pressure to grade liberally from many submitters and from each other. Have at it - I’m done and we won’t change each other’s minds.
  11. You make it obvious that you don’t know the man. Suit yourself with what works for you.
  12. Based on the picture provided, the coin looks like a cleaned AU example, worth approximately $35. If you post other coins in the future, it would be better to show both sides and if you have specific questions, ask.
  13. What you described isn’t “the grade on the slab” being influenced. It’s the difference in the price paid and that’s something very different.
  14. No, not these: “t simply put, indicates that that particular coin in that date n in that grade is inthe top X% of all coins in that date n that grade that has been submitted to cac” As mentioned previously, CAC doesn’t award stickers based on percentages, but rather A, B and C coin classifications. And there’s no assurance that each of those is compromised of the same percentage of coins. In addition to that, they don’t base their assessments just upon coins that have submitted. They evaluate each coin based upon its own individual merits, regardless of what’s been submitted previously. It’s not like they haven’t seen plenty of other coins over the years.
  15. What, if anything, do you do when you submit a coin and the grade is enough lower than you expected, such that you don’t understand it? Likewise, what if you get a details-grade on a coin that you see as clearly deserving a straight grade? Or has neither scenario ever occurred?
  16. I asked VKurtB because he’s the one who said Don't care, really I don't. NGC hired them to do this job. I trust NGC to make that decision, and I trust 3 from NGC over one guy in ALL circumstances, and I don't care WHO that one is. Even though grading is subjective, I think it’s fair to say that just about everyone over-grades and under-grades coins, from time to time. Which is why I don’t understand someone deciding ahead of time that an additional expert opinion is a waste.
  17. That’s not for me to say. But I hope he was confused or misunderstood and that he wasn’t intentionally lying.
  18. So you don’t think that the major grading companies ever over-grade coins or straight-grade coins that should be in details-grade holders? And that a different expert’s opinion to that effect can be worthwhile?