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<p>[QUOTE=&quot;afantiques, post: 2090059, member: 71234&quot;]FDC does not mean UNC as such, it means &#039;Perfect&#039; Flower of the Coin. Better than just UNC. Perfectly struck and free from bagmarks, from any defects at all.</p><p><br /></p><p>We do not have &#039;grading services&#039; but that does not mean that people do not care about the standards of coins, or have to have them cheap, just that everyone makes up their own mind about the grade and price of a coin, according to how they see them. This strikes me as a freedom rather than a handicap.</p><p><br /></p><p>No-one would go round randomly dipping coins with original lustre and toning, just for the sake of a newly minted looking coin, but they&#039;d not get all bunched panties about it either. I have no idea what collectors of modern junk want, but I&#039;d only really be interested in pre-1950s stuff because it was after that date that the floods of commemorative non-coins and dime a dozen proof sets started to appear.</p><p>The idea of agonising over imperceptable numerical differences in coins seems just plain silly. Better condition coins will generally sell faster for more money, as you&#039;d expect, but it is a matter between the dealer and the buyer what the item is worth.</p><p><br /></p><p>Historically a huge amount of coin dealing was by mail order, and the most successful dealers were the ones whose customers were pleased with the condition of the coin they got, so there is a tendency to be a tad conservative and a shaky VF will be offered as Fine, rather than get people&#039;s hopes up too much.</p><p><br /></p><p>The idea of a company grading other graders is just hilarious, and the idea of trapping all coins in plastic boxes is considered a bit of a perversion.</p><p><br /></p><p>The description AU is used here but really it is like saying almost pregnant. The coin is a good EF or it shows no sign of circulation and is UNC.</p><p><br /></p><p>Coins that have obviously been cleaned will fetch less money. Simple.</p><p><br /></p><p>No one is much interested in errors, especially the tiny technical errors that so obsess some US collectors, and as far as I know no one is interested in searching coins in circulation for occasional older coins because you can buy a bucket full of pre decimal coins for a few pounds a hundred. Nothing before 1970 will be found in circulation. Decimalisation meant a complete re-coinage,and the holdovers, the shilling and the florin which persisted for a while in the original size have been replaced with smaller coins.</p><p><br /></p><p>I&#039;d say that in general collectors outside the US are far more interested in world coins, as they are probably far more commonly encountered here and more people travel outside their native countries, for reasons other than to meet new people and kill them.</p><p><br /></p><p>Personally a nice EF coin is as good as I&#039;d need, better is fine but I&#039;d really not knock myself out financially for the sake of something just a tiny weeny bit less worn. </p><p><br /></p><p>Broadly speaking, collection is similar everywhere, just more of a matter of personal judgement and taste for non US collectors. </p><p><br /></p><p><i>&quot;Market grading,&quot; and, I&#039;m pretty confident you can bank on this, is total liberal French to them.</i></p><p><br /></p><p>If that is to mean&nbsp; something derogatory, liberal is considered good here, and quite a lot of us speak some French. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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