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<p>[QUOTE=&quot;Insider, post: 2298263, member: 24314&quot;]Jaelus,</p><p><br /></p><p>I just found out this week that a numismatist we all know (100% name recognition) and respect due to his contributions to the hobby describes grading in a simple way I never thought of:</p><p><br /></p><p>Coins actually have two grades and we are all trying to boil it down to one!&nbsp; Coins have a WEAR grade and a VALUE grade.&nbsp; That&#039;s why there is so much disagreement.&nbsp; That&#039;s why there are AU coins graded MS-64, and MS-62 coins graded AU.&nbsp; For example: If you don&#039;t know that an 1884-S Morgan goes from $225 in AU to $7,400 in MS-60 you will grade the coin the same as any common Morgan dollar.&nbsp; IMO, there will be a more precise system of describing coins with a number in our lifetime.</p><p><br /></p><p>Examples of TPGS coins can be found over-graded, under-graded and mostly correctly graded.&nbsp; Under-graded coins are eventually corrected.&nbsp; Market grading by TPGS must be learned by all of us even though it differs from many of our personal standards.[/QUOTE]</p><p><br /></p>

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