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Originally Posted by GDJMSP And there are 11 seperate grades of uncirculated - not just 1. And none of these 11 grades can show any wear at all. |
Now I have to disagree, there are plenty of coins in lower MS grades with cabinet friction and bag wear. The way they differentiate is based on breaks in the luster, which indicates wear from handling.
And Reid is absolutely correct about provenance. The Adams 1804 Bust Dollar is obviously a 45, the only remaining luster is in the protected areas around the stars. Yet NGC upgraded it to a 50. So PCGS had to one-up them by regrading it a 58. That coin will never have full luster, doesn't matter how weakly struck it is.
And they wonder why I get ****ed when the undergrade my 100% full luster AU58's
