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<p>[QUOTE=&quot;Ian, post: 120356, member: 283&quot;]IMHO `cabinet friction&#039; is a lazy `catch all&#039; used by people who should (and usually do) know better to explain away marks that make a coin shy of being fully `uncirculated&#039;. It conjures up the idea that as drawers are being slid in and out of a cabinet that the coins inside are sliding back and forth generating wear (and anything other detraction the dealer wants to sweep under the carpet). While such friction damage may theoretically occur over centuries of such drawer sliding, at the very worst it would produce a very minor brightening on the extreme high points of a coin and only be noticeable if a coin is very heavily toned. It cannot be ascribed as the reason for `hair lines&#039;. </p><p><br /></p><p>All I can say is that that one of yours seems to have survived without any of these problems. Presumably it was in a cabinet? Where&#039;s all the evidence of this fabled `cabinet friction&#039; then? Maybe the cabinet it was in was fit for purpose though. Who knows....</p><p><br /></p><p><br /></p><p><br /></p><p>Oh but I think I do. If I was buying / selling coins in the US market I will be honest and say that I don&#039;t know if i would go the route of slabbing or not. I think one or two of the grading companies are good at grading US coins. That&#039;s their experience and high turnover area. There are however slabbing companies that (without mentioning any names) are very demonstrably and undisputably pure rubbish.</p><p><br /></p><p>As far as World coins are concerned....well personally, I can&#039;t fault the plastic and its preservation qualities (even though I don&#039;t like it), but the third party grading companies to me are all pretty much rubbish. ANACS are probably the best for attribution. Sure, I don&#039;t get to see the quantum of slabs you do (thankfully I may add!), i&#039;ve only got my percentum experience....and that is enough to show me they are dire. </p><p><br /></p><p>I can&#039;t imagine ever wanting to slab a 1935 Edward V `rocking horse&#039; crown...the one with the error edge. Would you buy one in a slab?&nbsp; </p><p><br /></p><p>Tell me if you can how these 3rd party graders manage to determine</p><p>what the MS grading points are on a coin such as yours? What exactly are the grading aspects of that particular coin as opposed to say a Lafayette Dollar or a Buffalo nickel?</p><p><br /></p><p>Using the `MS&#039; grading system on a coin like that Austrian taler is a joke to anyone outside of the US, pure and simple. It&#039;s just a part of the slabbing game to the US marketplace.</p><p><br /></p><p><br /></p><p>You have obviously `bought into&#039; the slabbing game. It is no small wonder that you defend it and promote it. It is part of your business. I can understand that aspect.</p><p><br /></p><p><br /></p><p><br /></p><p>In one survey ACG came out as being the most consistent of all the 3rd party graders. So by your logic concerning `consistency&#039; you should be very happy slabbing everything with ACG..... no?</p><p><br /></p><p>Sorry, but IMHO `being consistently off&#039; is not the kind of quality assurance standard anyone should be happy paying for. </p><p><br /></p><p>In any event...it appears that last years MS64 is this years MS65. Not only do the grading goal posts move, but the pitch apparently moves with them. So much for the concept of `consistency&#039;. The concept of `market grading / gradeflation&#039; ensures that there will always be a nice little niche market / scam going on with regards to break outs and re-grading.[/QUOTE]</p><p><br /></p>

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