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<p>[QUOTE=&quot;Insider, post: 2584945, member: 24314&quot;]<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> Dah, that depends on the person examining the coin, their expertise, knowledge, number of Lincolns they have graded, eyesight, magnification, whether they own the coin or are selling it, whether they are a dealer, collector, or professional TPGS grader, and finally whether they are a conservative long-time &quot;technical&quot; grader or a &quot;commercial&quot; grader!&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /> Easy right? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Since I am a old dinosaur technical grader, your photo is a perfect example of the AU-58 Red/Brown grade.&nbsp; Makes an excellent teaching coin so <b><span style="color: rgb(255, 0, 0)">CLASS IS IN SESSION <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie26" alt=":bookworm:" unselectable="on" unselectable="on" /></span></b>:</p><p><br /></p><p>Besides the <span style="color: rgb(179, 0, 179)">FRICTION WEAR</span> on the high points where its <span style="color: rgb(179, 0, 179)">ORIGINAL SURFACE is TOTALLY GONE</span>, there are some distracting stains on the obverse (most important side of the coin).&nbsp; Nevertheless, the stains are unimportant on an AU.&nbsp; Coins like this were graded AU-58 decades ago.</p><p><br /></p><p>As Bowers wrote in his grading guide, <span style="color: rgb(255, 0, 0)">coins that were formally graded AU are now commonly graded in the low Uncirculated range.</span></p><p><span style="color: rgb(255, 0, 0)"><br /></span></p><p><span style="color: rgb(0, 0, 0)">Therefore, new collectors, dealers, TPGS&#039;s would assign a Mint State grade to this coin and refer to the <span style="color: rgb(179, 0, 179)">LOSS OF ORIGINAL SURFACE LUSTER ON THE HIGH POINTS</span> as &quot;cabinet friction&quot; or &quot;stacking rub.&quot; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></span></p><p><span style="color: rgb(0, 0, 0)">If I worked for a TPGS I should grade the coin MS-63 at the least!&nbsp; If I were selling the coin, I should grade it MS-65 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie81" alt=":shifty:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" />, sell it to a sucker, and sleep like a baby when I returned from the bank!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </span></p><p><span style="color: rgb(0, 0, 0)"><br /></span></p><p><span style="color: rgb(0, 0, 0)">PS the OP&#039;s coin has more &quot;cabinet friction&quot; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie52" alt=":hilarious:" unselectable="on" unselectable="on" /> than your example.&nbsp; Therefore his coin IS NOT EVEN CLOSE TO UNC.</span></p><p><span style="color: rgb(0, 0, 0)"><br /></span></p><p><span style="color: rgb(0, 0, 0)">Any more questions?</span>[/QUOTE]</p><p><br /></p>

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