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<p>[QUOTE=&quot;eddiespin, post: 2297680, member: 4920&quot;]Thank you for asking. This is like the fundamentals, Tube, that everybody, in all the excitement, just kind of forgets about. Start, here. Pick a hobby. What&#039;s the cream of the crop? It&#039;s the best preserved specimen, i.e., baseball card, stamp, comic book, pocket watch, whatever it is. What&#039;s grading? Grading is how well-preserved the specimen, i.e., baseball card, stamp, comic book, pocket watch, whatever it is, is. What&#039;s wear? It&#039;s how compromised that state of preservation is. Condition. That&#039;s where grading is at. Except, in coins. In coins, the market, not condition, is where grading is at.</p><p><br /></p><p>Thus (...let me just keep going, as long as I&#039;m hot), an AU58 with wear is an MS64 if some &quot;expert&quot; calls that wear &quot;cabinet friction.&quot; What about an MS64 without cabinet friction? What do we do with that one? Do we mean it&#039;s worth the same as the MS64 with cabinet friction? I think if I had the choice, I want the MS64 without cabinet friction, don&#039;t you?</p><p><br /></p><p>Take it even further, it gets even the more absurd. The MS64 has a degree of cabinet friction equal to the wear on an AU58. What if it has a higher degree of cabinet friction? What if it has a degree of cabinet friction equal to the wear on an EF45? What if it has an even higher degree than that? Again, I want the MS64, not the MS64 with the EF45 degree of cabinet friction, thank you very much.</p><p><br /></p><p>They&#039;re twisted into a pretzel, do you want to know the truth? Grade your coins based on condition, i.e., state of preservation, from the time they left the Mint. You&#039;ll always have a winner. I&#039;m not trying to be cute. It&#039;s really that simple. Don&#039;t get drawn into these crazy market rationalizations. Wear is wear, from wherever, it doesn&#039;t matter. Let the &quot;experts&quot; have their little game. Most of them probably don&#039;t have any better way of earning a living, anyway.[/QUOTE]</p><p><br /></p>

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