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<p>[QUOTE=&quot;sylvester, post: 14873, member: 708&quot;]I totally agree with you, i find three grades of UNC suffice, no real need for 11 that&#039;s just trying to turn it into a science. What&#039;s more than that the ludicrous prices people will pay for one hairline less. I can&#039;t get my head around it.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>How did my book put it? Three three grades you need...</p><p><br /></p><p>UNC - Shows no signs of wear or of ever having been in circulation, with or without lustre, bagmarks allowed and the odd ding, odd edge knock and what not from the minting process.</p><p><br /></p><p>BU - Better than UNC as it has only the smallest of bagmarks (if any) and retains full lustre.</p><p><br /></p><p>Gem UNC - The cream of UNC/BU only 5% or less of coins could grade this, the kind of coin with full mint bloom and no scratches or marks and </p><p>full lustre.</p><p><br /></p><p>The price between those three isn&#039;t always huge, infact UNC to BU isn&#039;t usually all that much, unless of course they are pre 20th century then the gap between the prices gets bigger. Gem UNCs go for whatever the dealer decides to mark them up as (if the dealer uses the grade at all), because Gem UNC is not listed in price guides... e.g</p><p><br /></p><p>Say a 1930s coin was worth £5 in UNC, it might be worth £8 in BU and £15 in Gem UNC.</p><p><br /></p><p>Although some dealers rarely refer to the coin as AFDC, which for a business strike coin is throwing cos although it might look prooflike in Gem UNC, it is not a proof and thus should not gain the lofty FDC specification.[/QUOTE]</p><p><br /></p>

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