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<p>[QUOTE=&quot;CheetahCats, post: 855252, member: 23874&quot;]Sure...</p><p><br /></p><p>In my opinion, there isn&#039;t much guidance in the Red Book for grading Colonials and Pre-Federals; except for perhaps the guidance provided on pg. 9 (2010/2011 editions).&nbsp; Better guidance exists in other books (Breen&#039;s, Martin&#039;s, et.al.), as well as through historical auction sales, but in my opinion many less sophisticated sellers don&#039;t consult these sources.&nbsp; </p><p><br /></p><p>Based on that, in my opinion, less sophisticated sellers may not accurately grade their Colonials and Pre-Federals, and subsequently &#039;over-grade&#039; their coins and erroneously price them as such. (Now and then, sellers &#039;under-grade&#039;, but that&#039;s much less common!)</p><p><br /></p><p>Further complicating matters, there is scant guidance on diagnostics.</p><p><br /></p><p>And of course, if Red Book pricing changes, then market pricing changes!</p><p><br /></p><p>Others may disagree... this is only my two-cents.[/QUOTE]</p><p><br /></p>

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