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Distinguishing Between "Condition" and "Grade."
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<p>[QUOTE="GDJMSP, post: 3292809, member: 112"]This "hard line the sand" that's mentioned, it simply must exist ! Why ? Because it is the line that divides circulated from uncirculated. The definition of uncirculated is and always has been quite simple and easily understood - it is a coin that has no wear, period, end of story. </p><p><br /></p><p>And if uncirculated starts with the number MS60, then any coin that has any wear, any at all, cannot by definition be graded higher than AU58.</p><p><br /></p><p>But the TPGs have thrown that definition out the window, and state in writing, that coins with wear can be graded as high as MS67.</p><p><br /></p><p>In essence, what they would have you believe is that the dividing line between circulated and uncirculated is between MS67 and MS68. Even though they themselves set the dividing line between AU58 and MS60 and held it there for 20 years !</p><p><br /></p><p>But because it suited their purposes, they changed where that line resides.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3292809, member: 112"]This "hard line the sand" that's mentioned, it simply must exist ! Why ? Because it is the line that divides circulated from uncirculated. The definition of uncirculated is and always has been quite simple and easily understood - it is a coin that has no wear, period, end of story. And if uncirculated starts with the number MS60, then any coin that has any wear, any at all, cannot by definition be graded higher than AU58. But the TPGs have thrown that definition out the window, and state in writing, that coins with wear can be graded as high as MS67. In essence, what they would have you believe is that the dividing line between circulated and uncirculated is between MS67 and MS68. Even though they themselves set the dividing line between AU58 and MS60 and held it there for 20 years ! But because it suited their purposes, they changed where that line resides.[/QUOTE]
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Distinguishing Between "Condition" and "Grade."
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