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<p>[QUOTE="Bob Evancho, post: 3296438, member: 84595"]The SUBJECT of this thread is “Distinguishing between CONDITION and GRADE”. Many Learned Numismatists commenting on this thread have gone off on a tangent and into grading. Not giving their opinion on CONDITION and GRADE. As a non partisan, the US Mint has a Coin Term Glossary. Using a glossary from a coin grading service would be a conflict of interest. From the US Mint.</p><p><br /></p><p>CONDITION: The PHYSICAL state of a coin. Let me add, NOTHING else.</p><p><br /></p><p>Grade: Rating which indicates how much a coin has WORN from circulation. Let me add, NOTHING else.</p><p><br /></p><p>Before 1949, the year I was born, there was no Dr. William Sheldon Grading scale 1 to 70. All subjective grading by dealers was by an adjective. At the time there was GEM, CHOICE and UNCIRCULTED. Now we have 11 divisions of UNCIRCULATED from MS60 to PERFECT MS70.</p><p><br /></p><p>I buy a coin for my small collection by EYE APPEAL, not by what a TPG service says it is. They are just as inconsistent as I am. You and I have seen their inconsistencies. But my EYE tells me I like the coin for my collection. My EYE tells me if the coin has a CONDITION such as many bag marks, rim nick, hole, cleaned harshly, cleaned lightly, old cleaning, graffiti etc, etc..</p><p><br /></p><p>I consider EVERY coin from 1 to 69 to have a DETAILS GRADE because it has a CONDITION. PHYSICALLY an MS 69 Details would have one minor ding, one minor something. Going down to MS 60, PHYSICALLY an MS 60 Details would have many dings, bag marks, scratches from other coins or other major somethings. Using the Sheldon scale you cannot have a perfect MS 70 with a condition issue. You can have an MS 69 graded as MS 69 Details Holed at 12 O'clock.</p><p><br /></p><p>In only one interpretation can CONDITION also be considered a grade. In all other aspects of scratches, rim nicks, holes, etc., CONDITION is PHYSICAL damage. Buy the coin, not the holder. I holder for protection of a nice EYE APPEAL coin. I subjectively grade my coin before I send it for protection and know the condition of my coin before I send it for protection.</p><p><br /></p><p>Now let's get back to the thread and your opinion of “Distinguishing between CONDITION and GRADE”.[/QUOTE]</p><p><br /></p>
[QUOTE="Bob Evancho, post: 3296438, member: 84595"]The SUBJECT of this thread is “Distinguishing between CONDITION and GRADE”. Many Learned Numismatists commenting on this thread have gone off on a tangent and into grading. Not giving their opinion on CONDITION and GRADE. As a non partisan, the US Mint has a Coin Term Glossary. Using a glossary from a coin grading service would be a conflict of interest. From the US Mint. CONDITION: The PHYSICAL state of a coin. Let me add, NOTHING else. Grade: Rating which indicates how much a coin has WORN from circulation. Let me add, NOTHING else. Before 1949, the year I was born, there was no Dr. William Sheldon Grading scale 1 to 70. All subjective grading by dealers was by an adjective. At the time there was GEM, CHOICE and UNCIRCULTED. Now we have 11 divisions of UNCIRCULATED from MS60 to PERFECT MS70. I buy a coin for my small collection by EYE APPEAL, not by what a TPG service says it is. They are just as inconsistent as I am. You and I have seen their inconsistencies. But my EYE tells me I like the coin for my collection. My EYE tells me if the coin has a CONDITION such as many bag marks, rim nick, hole, cleaned harshly, cleaned lightly, old cleaning, graffiti etc, etc.. I consider EVERY coin from 1 to 69 to have a DETAILS GRADE because it has a CONDITION. PHYSICALLY an MS 69 Details would have one minor ding, one minor something. Going down to MS 60, PHYSICALLY an MS 60 Details would have many dings, bag marks, scratches from other coins or other major somethings. Using the Sheldon scale you cannot have a perfect MS 70 with a condition issue. You can have an MS 69 graded as MS 69 Details Holed at 12 O'clock. In only one interpretation can CONDITION also be considered a grade. In all other aspects of scratches, rim nicks, holes, etc., CONDITION is PHYSICAL damage. Buy the coin, not the holder. I holder for protection of a nice EYE APPEAL coin. I subjectively grade my coin before I send it for protection and know the condition of my coin before I send it for protection. Now let's get back to the thread and your opinion of “Distinguishing between CONDITION and GRADE”.[/QUOTE]
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