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<p>[QUOTE=&quot;dchjr, post: 4218522, member: 76379&quot;]While rummaging through a box of old books I found several old coin books.&nbsp; Several are 1960&#039;s Whitman Publishing books, but one was an excerpt from &#039;The Numismatist&#039; May, June, July 1956.&nbsp; It discusses how to establish fixed rules for attaining clear cut definitions of coin grades with lines of demarcation between the classes of the NEW science of coin grading.&nbsp; The Sheldon Scale of grades 1-70 was just established eight years earlier.&nbsp; It&#039;s very interesting to read that things we take as standard knowledge now in the hobby, were being set during this period. The book discusses the differences of circulated coins to uncirculated coins; &quot;AU&quot; or &quot;&quot;BU&quot;.&nbsp; The high points of the coins are indicated on the photos as the markers for attributing the coin as circulated.&nbsp; Of course the coins discussed are &#039;older&#039; coins now.&nbsp; The Lincoln memorial cent or Kennedy half dollar didn&#039;t exist yet.&nbsp; The biggest reason given for this discussion and creating a strict line of demarcation between the two was not for the coin dealer or advanced numismatist, but for the novice collector.&nbsp; They were looking out for the beginners!</p><p>[ATTACH=full]1080117[/ATTACH] [ATTACH=full]1080118[/ATTACH] [ATTACH=full]1080119[/ATTACH] [ATTACH=full]1080120[/ATTACH][/QUOTE]</p><p><br /></p>

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