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<p>[QUOTE=&quot;chrisild, post: 736478, member: 39&quot;]Cannot tell whether this &quot;vz-st&quot; is recent or not; the Gietl magazines (MünzenRevue, Münzen &amp; Sammeln) have been using it for a long time. But as you can tell, it is a combination of two grade descriptions rather than a new term, so I am sure that (at least in German) it is not as old as vz and st themselves.</p><p><br /></p><p>If you perform a search for &quot;vz-st&quot; at <a href="http://www.muenzauktion.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.muenzauktion.com" rel="nofollow">http://www.muenzauktion.com</a> , you will get several results in the auctions (and more in the MA shops, separate search). Again, many sellers will still use &quot;vz&quot; (or, more optimistically, &quot;st&quot; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ) for a coin that would be AU in English/US use, but others do differentiate.</p><p><br /></p><p>As for commercial grading and slabs, well, that is still kind of exotic here. Most professional dealers in Germany (VDDM members etc.) guarantee the authenticity of the pieces they sell, and buying coins as &quot;commodities&quot; that you may sell again later is not very common here. Then again, if a collector actually needs/wants to sell a coin, it sure is easier to sell if a third party says it is authentic and in this and that grade.</p><p><br /></p><p>If you go to a major coin show in Germany, you may well run into American TPGs now - Eduard just mentioned <a href="http://www.cointalk.com/t78116/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t78116/">http://www.cointalk.com/t78116/</a> the PCGS and NGC booths in Frankfurt. Whether that becomes more common here in the future ... we&#039;ll see. I sure do not hope so, as I collect coins, not folders or slabs, but if others think they need it, fine with me.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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