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<p>[QUOTE="dougsmit, post: 1158630, member: 19463"]Here is the problem with grading ancient coins: Wear is just one factor of a grade. On modern coins, the assumption is made that wear is the factor on which grade is based until you get into MS when it is replaced by strike quality. On ancients, wear, strike and surface issues are all combined. Were your coin modern, it would be considered ungradable due to corrosion and improper cleaning. Almost no ancients legitimately earn the EF grade simple because it not only means next to no wear but that the coin was well struck and has a good looking, even surface. That means there are coins with more wear than yours that are better looking because of the other features. Most people assign grades according to eye appeal and many of us old conservative types believe that the proper grade is the lowest factor of the three I mentioned. I believe modern slabbers sometimes use this on early US coins that do not qualify for full fledged grading when they say a coin has 'VF details'. I'd say your coin has VF details but there is no way I would trade my onlt Fine example for it because of the corrosion and roughness I see. However, there are probably others out there that would rather have your coin with better hair details. To each his own. I sincerely believe that ancient coins should not be graded using modern terms simply because it causes more confusion than it is worth. I always believed it would be nice if we had a universally acceptable set of grading standards but am convinced that it is never going to happen. Grading coins is hard enough when you have to apply a single fine distinction but becomes terribly more a problem when you have to decide how much wear offsets how much surface roughness and how much of a less than perfect strike.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1158630, member: 19463"]Here is the problem with grading ancient coins: Wear is just one factor of a grade. On modern coins, the assumption is made that wear is the factor on which grade is based until you get into MS when it is replaced by strike quality. On ancients, wear, strike and surface issues are all combined. Were your coin modern, it would be considered ungradable due to corrosion and improper cleaning. Almost no ancients legitimately earn the EF grade simple because it not only means next to no wear but that the coin was well struck and has a good looking, even surface. That means there are coins with more wear than yours that are better looking because of the other features. Most people assign grades according to eye appeal and many of us old conservative types believe that the proper grade is the lowest factor of the three I mentioned. I believe modern slabbers sometimes use this on early US coins that do not qualify for full fledged grading when they say a coin has 'VF details'. I'd say your coin has VF details but there is no way I would trade my onlt Fine example for it because of the corrosion and roughness I see. However, there are probably others out there that would rather have your coin with better hair details. To each his own. I sincerely believe that ancient coins should not be graded using modern terms simply because it causes more confusion than it is worth. I always believed it would be nice if we had a universally acceptable set of grading standards but am convinced that it is never going to happen. Grading coins is hard enough when you have to apply a single fine distinction but becomes terribly more a problem when you have to decide how much wear offsets how much surface roughness and how much of a less than perfect strike.[/QUOTE]
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