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<p>[QUOTE=&quot;KSorbo, post: 3295466, member: 56370&quot;]As of late I’ve taken an interest in British coins and recently bought a copy of the Spink catalog.&nbsp; What you are describing is very similar to how the Brits grade on their side of the pond.&nbsp; To be considered fully uncirculated, a coin needs to grade at least a 64 by our standards.&nbsp; Even a 63 is defined as AU/UNC.&nbsp; As for early copper, it caught my eye that Spink doesn’t even publish prices for uncirculated grades, as “full mint bloom” is required for that designation which would be truly rare for an 18th century coin.</p><p><br /></p><p>Regardless of how standards have evolved, I’m still seeing the market at work.&nbsp; Just look at differences in Heritage auction prices for coins within the same grade.&nbsp; This is especially noticeable for things like Buffalo nickels with historic diagnostics for a certain grade (e.g. full horn for VF).&nbsp; The TPGs aren’t applying such a rigid standard and probably shouldn’t considering it is unreasonable for weakly struck dates like 26s.&nbsp; But if one shows up with a full horn in a VF holder, guaranteed you will pay through the nose for it regardless of numerical grade.</p><p><br /></p><p>I don’t really mind the standards changing and I think grade inflation may be overstated IMHO.&nbsp; The TPGs still weed out a lot of crap and I’d rather work with their opinions than individual dealers’ opinions which change depending on whether you are buying or selling.[/QUOTE]</p><p><br /></p>

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