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Reid,
I went to your web site and read your blurb about the lousy ED's. Interesting.
One thing I noticed from your web site that I wish to discuss... You seem to think that the services messed up with those examples because they slabbed specimens that are overgraded or have lousy eye appeal.
Let's talk about the overgrading issue. You go by amount of remaining central detail, as with the 1799 dollar. (Yes, I know that the coin is also unoriginal and likely harshly cleaned!) With the central detail as weak as it is, you say that the coin is a VF specimen. NGC should not have given it a ChVF grade. From looking at the periphery, it seems to me that the star detail would suggest a grade more like ChVF. Thus, the central detail is due to strike and not wear.
Onto the lousy eye appeal issue, as with that 1800 dollar... Many coins with lousy eye appeal get slabbed. It is, unfortunately, a part of the industry.
All in all, I think it is worth mentioning that ED's (in fact, all Bust coinage) are VERY hard to grade properly. The range of subjectivity is very wide.
EVP
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