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<p>[QUOTE=&quot;Tom B, post: 877891, member: 11854&quot;]Contrary to what many collectors believe, there is no <i>definitive and complete </i>ANA requirement for each grade and this is especially troublesome for the MS grades. Therefore, each TPG has the ability to define and determine each MS grade as they see fit. This has been the case for many years and the major TPGs are quite close in most aspects of grading these coins. However, what this means is that an ICG MS65 might not be equal to an NGC MS65 might not be equal to a PCGS MS65 yet <i>none would be necessarily incorrect </i>if they adhered to their proprietary grading standards. I guess this is a longwinded way of stating that each of us should learn the nuances of how to grade all coins as if raw and then apply those standards to each coin we buy.[/QUOTE]</p><p><br /></p>

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