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<p>[QUOTE=&quot;Mark Feld, post: 377138, member: 11467&quot;]That explanation regarding the toning obscuring the surfaces of the 1804 Dollar, a &quot;defensive measure&quot;, etc., conflicts with much of the grading that NGC and PCGS do. There are countless deeply toned coins which receive high/non-defensive/non conservative grades.</p><p>&nbsp;</p><p>Furthermore, when it comes to high profile rarities, the grading companies appear to be extra lenient in their grading and seem to have unannounced contests to see who can grade the coins high enough to get them into their holders instead of those of their competitors.[/QUOTE]</p><p><br /></p>

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