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<p>[QUOTE=&quot;mikenoodle, post: 1011791, member: 307&quot;]Point made and taken, Doug. There are technical uses for the &quot;industry specific&quot; jargon used in business. When used in the context of that business they can and do sometimes convey a completely different meaning. It should also be noted, however, that when dealing with the public, we need to be careful in using such words in the cases where they can be confusing to customers of that business.</p><p><br /></p><p>Not everyone who buys a PCGS coin is a numismatist. I suggest that if many numismatists misunderstand the wording, (as judged by the uproar) then a layman who reads the PCGS description might have little to no chance of knowing &quot;what they mean&quot;. I posit that as in advertising, choice of words is vital and many lawsuits have been won over &quot;misleading&quot; or misused words. I use quotes around misleading because they may not really have been so, but merely judged to be so by the courts. PCGS doesn&#039;t just sell their product to the numismatic community. In fact many people who don&#039;t know how to properly evaluate coins trust what they say blindly. This is my opinion makes the buyer more of a layman than a numismatist. You may differ and say that it should be buyer beware, and that people should educate themselves before they buy but we both know that the law in this country has proven to view it differently time and again.</p><p><br /></p><p>It was also readily accepted (and by law I might add) at one time in this country for people to own people. Hindsight and common sense show us that this is morally reprehensible, but it was readily accepted. The way that the world progresses is that things change over time. Sometimes good, sometimes bad, sometimes they just change but if you accept and rely on &quot;the common wisdom&quot; you will never get anything but &quot;the common solution&quot;.[/QUOTE]</p><p><br /></p>

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