Interesting 3-part video series posted a couple of days ago.
https://youtu.be/rMiRxLGatnE
https://youtu.be/R81Y6m6R7EM
https://youtu.be/4-EEmNDbAqI
Sheldon made the scale 1 to 70 because he thought 70 is the average IQ of coin dealers. :D
Thanks for the heads up, I watched the whole thing. The bit at the end of the second part where they talk about a 1907 gold st gaudens high relief which PCGS refuses to classify as proof reminded me of trout and his wedding set campaign.
Quote from: 'r9453' pid='99689' dateline='1476032877'Thanks for the heads up, I watched the whole thing. The bit at the end of the second part where they talk about a 1907 gold st gaudens high relief which PCGS refuses to classify as proof reminded me of trout and his wedding set campaign.
The answer of "We don't call them proofs because we don't think they are proofs" for the 1907 gold coins doesn't carry any weight with the wedding set coins.
Even a novice collector can tell that the finish and strike on a wedding set coin is totally different to that of a business strike coin :)
I would Love to put a mint set and a wedding set from the same year on David Hall's desk and have him explain "Why" the two coin types are in his opinion the same strike and type :diablo::)
I shall have a good look at the links later but a quick look tonight means I might get a bit more educated at long last re grading.
I'm not sure how educational it is, it's more of a fluff piece t promote PCGS 30th anniversary. Some interesting insights and worth a look.
They pay the graders per coin and one was grading over 100 coins per hour so that switched to pay per hour and he dropped down to 30 or 40 coins per hour.
Quote from: 'r9453' pid='99773' dateline='1476114491'They pay the graders per coin and one was grading over 100 coins per hour so that switched to pay per hour and he dropped down to 30 or 40 coins per hour.
Hardly confidence-inducing, is it? On either count. :(
Was interesting to hear how quickly the business grew. They sure know how to give themselves a wrap, good on em I suppose, but for a while there it was like an orangutan back slappers convention :angel: